The economy of Uganda advanced 6.6% year-on-year in the fourth quarter of 2018, after a downwardly revised 6.2% growth in the previous period. It is the fastest expansion since Q1 2018, mainly driven by services (8.4% vs 8.0% in Q3), namely administrative & support service (16.5% vs 12.5%); finance & insurance (14.6% vs 6.1%); arts, entertainment & recreation (12.9% vs 14.6%) and heath & social work (11.4% vs 11.6%). Also, output quickened in the agricultural sector (4.5% vs 3.1%), boosted by fishing (13.3% vs 10.5%); forestry (7.8% vs 2.2%); cash crops (6.4% vs 4.2%) and food crops (3.6% vs 3.2%). Conversely, the industrial sector lost steam (3.5% vs 6.5%), as output slowed in construction (4.2% vs 9.3%) and it plunged in mining (-8.5% vs 7.5%). On a quarterly basis, the economy grew 1.2 percent, after expanding 2.2 percent in the third quarter. GDP Annual Growth Rate in Uganda averaged 5.59 percent from 2009 until 2018, reaching an all time high of 11.70 percent in the second quarter of 2009 and a record low of 1.10 percent in the second quarter of 2012.

GDP Annual Growth Rate in Uganda is expected to be 5.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Uganda to stand at 5.40 in 12 months time. In the long-term, the Uganda GDP Annual Growth Rate is projected to trend around 6.10 percent in 2020, according to our econometric models.

Uganda GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-03 05:00 PM GDP Growth Rate YoY 6.4% 6.6% 6.1%
2018-10-09 12:00 PM GDP Growth Rate YoY 5.0% 6.2% 6.2%
2018-12-26 10:00 AM GDP Growth Rate YoY 6.8% 5.2% 6.1%
2019-04-04 09:55 AM GDP Growth Rate YoY 6.6% 6.2% 6.6%
2019-07-03 05:00 PM GDP Growth Rate YoY 6.6% 6.2%
2019-10-09 12:00 PM GDP Growth Rate YoY 5.8%
2019-12-27 10:00 AM GDP Growth Rate YoY 6.3%


Uganda GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.20 2.20 4.30 -2.40 percent [+]
GDP Annual Growth Rate 6.60 6.20 11.70 1.10 percent [+]
GDP 25.89 24.08 27.29 0.42 USD Billion [+]
Gross Fixed Capital Formation 23903.00 14514.00 23903.00 1160.00 UGX Billion [+]
GDP per capita 666.61 662.40 666.61 272.70 USD [+]
GDP per capita PPP 1697.70 1687.10 1697.70 769.50 USD [+]
GDP Constant Prices 16102.33 17186.79 17186.79 8348.49 UGX Billion [+]
GDP From Agriculture 3241.55 4209.31 4209.31 1994.51 UGX Billion [+]
GDP From Construction 1074.59 1037.78 1074.59 445.80 UGX Billion [+]
GDP From Manufacturing 1167.88 1166.82 1167.88 787.93 UGX Billion [+]
GDP From Mining 242.01 275.49 275.49 98.26 UGX Billion [+]
GDP From Public Administration 570.23 565.41 570.23 237.14 UGX Billion [+]
GDP From Services 8641.71 8811.64 8811.64 4081.96 UGX Billion [+]


Uganda GDP Annual 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). This page provides the latest reported value for - Uganda GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.60 6.20 11.70 1.10 2009 - 2018 percent Quarterly




Country Last Previous
India 6.60 Dec/18
China 6.40 Mar/19
Indonesia 5.07 Mar/19
Saudi Arabia 3.60 Dec/18
United States 3.20 Mar/19
Spain 2.40 Mar/19
Australia 2.30 Dec/18
South Korea 1.80 Mar/19
United Kingdom 1.80 Mar/19
Netherlands 1.70 Mar/19
Canada 1.60 Dec/18
Switzerland 1.40 Dec/18
Mexico 1.30 Mar/19
Singapore 1.30 Mar/19
Euro Area 1.20 Mar/19
Brazil 1.10 Dec/18
France 1.10 Mar/19
South Africa 1.10 Dec/18
Germany 0.70 Mar/19
Russia 0.50 Mar/19
Japan 0.30 Dec/18
Italy 0.10 Mar/19
Turkey -3.00 Dec/18
Argentina -6.20 Dec/18


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