Uganda recorded a Current Account deficit of 710.10 USD Million in the first quarter of 2021. source: Bank of Uganda

Current Account in Uganda averaged -261.41 USD Million from 1993 until 2021, reaching an all time high of 118.20 USD Million in the second quarter of 2005 and a record low of -1033 USD Million in the fourth quarter of 2020. This page provides - Uganda Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uganda Current Account - values, historical data and charts - was last updated on July of 2021.

Current Account in Uganda is expected to be -1200.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Uganda to stand at -1300.00 in 12 months time. In the long-term, the Uganda Current Account is projected to trend around -1300.00 USD Million in 2022, according to our econometric models.

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Uganda Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-710.10 -1033.00 118.20 -1033.00 1993 - 2021 USD Million Quarterly

Uganda Trade Last Previous Highest Lowest Unit
Balance of Trade -470.67 -397.55 14.60 -483.00 USD Million [+]
Current Account -710.10 -1033.00 118.20 -1033.00 USD Million [+]
Current Account to GDP -6.40 -8.10 2.86 -9.00 percent of GDP [+]
Imports 925.89 824.11 925.89 44.20 USD Million [+]
Exports 455.22 426.56 603.94 12.39 USD Million [+]
Terms of Trade 117.76 126.92 167.10 72.50 points [+]
Tourist Arrivals 1800.00 1402.00 1800.00 69.00 Thousand [+]
Capital Flows -611.00 -257.20 6684.40 -1050.80 USD Million [+]
Terrorism Index 3.28 3.96 6.09 2.76 [+]

Uganda Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).