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.