The Gross Domestic Product (GDP) in Uganda expanded 3.60 percent in the fourth quarter of 2020 over the previous quarter. source: Uganda Bureau of Statistics

GDP Growth Rate in Uganda averaged 1.56 percent from 2008 until 2020, reaching an all time high of 8.20 percent in the third quarter of 2020 and a record low of -5.60 percent in the first quarter of 2020. This page provides the latest reported value for - Uganda GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda GDP Growth Rate - values, historical data and charts - was last updated on November of 2021.

GDP Growth Rate in Uganda is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uganda GDP Growth Rate is projected to trend around 1.60 percent in 2022 and 1.30 percent in 2023, according to our econometric models.

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Uganda GDP Growth Rate


Related Last Previous Unit Reference
GDP Growth Rate -0.20 2.90 percent Mar/21
GDP Annual Growth Rate 13.70 3.00 percent Jun/21
GDP From Services 14688.57 14377.14 UGX Billion Jun/21
GDP From Public Administration 1030.42 1052.94 UGX Billion Jun/21
GDP From Mining 394.09 390.09 UGX Billion Jun/21
GDP From Manufacturing 4800.67 4888.32 UGX Billion Jun/21
GDP From Construction 2247.04 2120.40 UGX Billion Jun/21
GDP From Agriculture 6974.10 5843.66 UGX Billion Jun/21
GDP Constant Prices 32669.73 30896.55 UGX Billion Jun/21
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).