Uganda: Economy
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Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
Low Income |
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Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Developing |
| Economic Trivia | Uganda maintained a 7% economic growth during the economic downturn. |
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Trade
Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. |
Top 3 Trade Partners (2018): United Arab Emirates, China, and Kenya |
| Top Industries Source: CIA World Factbook | Sugar; Brewing; Tobacco; Cotton Textiles |
Gross Domestic Product (GDP) [1]
| GDP, PPP (current international) | $105,075,250,203 (2020) |
| GDP Growth Rate (annual %) | 2.858% (2020) |
| GDP Per Capita, PPP (current international) | $2,297 (2020) |
GDP Country Rank 89/197 (2020)
Economic Indicators [1]
| Inflation, consumer prices (annual %) | 3.794% (2020) |
| External debt stocks, total (DOD, current US$) | $13,970,921,696 (2019) |
| Total tax rate (% of commercial profits) | 33.7% (2019) |
| Real Interest Rate (5 year average %) | 14.646% (2018) |
| Manufacturing, value added (% of GDP) | 15.893% (2020) |
| Current Account Balance (BoP, current US$) | ($2,332,588,662) (2019) |
Labor and Employment [1]
| Labor Force, Total | 16,514,595 (2020) |
| Employment in Agriculture (% of total employment) | 72.442% (2020) |
| Employment in Industry (% of total employment) | 6.622% (2020) |
| Employment in Services (% of total employment) | 20.936% (2020) |
| Unemployment Rate | 2.44% (2020) |
Trade [1]
| Imports of goods and services (current US$) | $7,370,779,757 (2020) |
| Exports of goods and services (current US$) | $5,623,677,292 (2020) |
| Total Merchandise Trade (% of GDP) | 29.744% (2020) |
| FDI, net inflows (BoP, current US$) | $1,266,026,788 (2019) |
| Commercial Service Exports (current US$) | $1,751,816,061 (2019) |
Economic Snapshot [1]
Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.
How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Uganda’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.