The Gross Domestic Product (GDP) in Uganda contracted 0.70 percent in the third quarter of 2019 over the previous quarter. GDP Growth Rate in Uganda averaged 1.39 percent from 2008 until 2019, reaching an all time high of 9.30 percent in the second quarter of 2015 and a record low of -5.70 percent in the fourth quarter of 2014.

GDP Growth Rate in Uganda is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Uganda to stand at 0.80 in 12 months time. In the long-term, the Uganda GDP Growth Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.

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Uganda GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.70 2.30 9.30 -5.70 2008 - 2019 percent Quarterly
2016/2017=100, NSA


Uganda GDP Growth Rate
The services sector is the most important sector of Uganda's economy and accounts for around 51 percent of total GDP. The biggest segments within services are trade & repairs (13 percent); education (8 percent); real estate (5 percent); and finance and insurance (4 percent). Agriculture, forestry & fishing account for 27 percent and the industrial sector represents around 22 percent of the GDP, mostly due to manufacturing (9 percent) and construction (8 percent).

Uganda GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.70 2.30 9.30 -5.70 percent [+]
GDP Annual Growth Rate 2.70 6.90 11.70 -8.10 percent [+]
GDP 27.48 26.00 27.48 0.42 USD Billion [+]
Gross Fixed Capital Formation 31617.40 28381.10 31617.40 1160.00 UGX Billion [+]
GDP per capita 709.70 694.30 709.70 274.30 USD [+]
GDP per capita PPP 1807.37 1768.21 1807.37 773.20 USD [+]
GDP Constant Prices 33583.00 30390.00 33583.00 8348.49 UGX Billion [+]
GDP From Agriculture 3413.85 3368.94 3977.93 1994.51 UGX Billion [+]
GDP From Construction 1042.92 1056.49 1061.75 445.80 UGX Billion [+]
GDP From Manufacturing 1199.01 1157.95 1199.01 787.93 UGX Billion [+]
GDP From Mining 249.63 260.87 271.19 98.26 UGX Billion [+]
GDP From Public Administration 568.97 549.30 568.97 237.14 UGX Billion [+]
GDP From Services 8820.90 8754.44 8820.90 4081.96 UGX Billion [+]