Uganda Current Account to GDP

Uganda recorded a Current Account deficit of 11.60 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Uganda is reported by the Bank of Uganda. From 1980 until 2012, Uganda Current Account to GDP averaged -4.3 Percent reaching an all time high of 2.9 Percent in December of 1984 and a record low of -11.6 Percent in December of 2012. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Uganda Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-11.60 -10.90 2.86 -11.60 -14.37 | 2014/06 1980 - 2012 Percent Yearly

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Uganda Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -224.20 2014-02-15 -246.80 14.60 -409.30 -253.24 2014-06-30 USD Million [+]
Current Account -257.10 2013-11-15 -558.90 116.00 -751.40 -438.84 2014-06-30 USD Million [+]
Current Account to GDP -11.60 2012-12-31 -10.90 2.86 -11.60 -14.37 2014-06-30 Percent [+]
Exports 286.70 2014-02-15 238.82 286.70 12.40 266.09 2014-06-30 USD Million [+]
Imports 510.90 2014-02-15 485.60 626.00 44.20 526.56 2014-06-30 USD Million [+]
Terms Of Trade 118.20 2014-02-28 103.10 167.10 72.50 108.13 2014-03-31 Index Points [+]
Tourist Arrivals 1197.00 2012-06-29 1151.00 1197.00 69.00 1245.62 2014-06-30 Thousand [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Uganda Imports at 510.90 USD Million  
Imports in Uganda increased to 510.90 USD Million in February of 2014 from 485.60 USD Million in January of 2014. Imports in Uganda is reported by the Bank of Uganda.
Uganda Consumer Price Index (CPI) at 216.20 Index Points  
Consumer Price Index (CPI) in Uganda increased to 216.20 Index Points in March of 2014 from 213.80 Index Points in February of 2014. Consumer Price Index (CPI) in Uganda is reported by the Uganda Bureau of Statistics.
Uganda Gross Fixed Capital Formation at 13514.00 UGX Billion  
Gross Fixed Capital Formation in Uganda increased to 13514 UGX Billion in 2012 from 12211 UGX Billion in 2011. Gross Fixed Capital Formation in Uganda is reported by the Bank Of Uganda.
Uganda Tourist Arrivals at 1197.00 Thousand  
Tourist Arrivals in Uganda increased to 1197 Thousand in 2012 from 1151 Thousand in 2011. Tourist Arrivals in Uganda is reported by the SESRTCIC .
Uganda Balance of Trade at -224.20 USD Million  
Uganda recorded a trade deficit of 224.20 USD Million in February of 2014. Balance of Trade in Uganda is reported by the Bank of Uganda.
Uganda Current Account at -257.10 USD Million  
Uganda recorded a Current Account deficit of 257.10 USD Million in the fourth quarter of 2013. Current Account in Uganda is reported by the Bank of Uganda.
Uganda Exports at 286.70 USD Million  
Exports in Uganda increased to 286.70 USD Million in February of 2014 from 238.82 USD Million in January of 2014. Exports in Uganda is reported by the Bank of Uganda.
Uganda Terms Of Trade at 118.20 Index Points  
Terms Of Trade in Uganda increased to 118.20 Index Points in February of 2014 from 103.10 Index Points in January of 2014. Terms Of Trade in Uganda is reported by the Bank of Uganda.
Uganda Loans To Private Sector at 8652.70 SHS Billion  
Loans To Private Sector in Uganda increased to 8652.70 SHS Billion in February of 2014 from 8567.90 SHS Billion in January of 2014. Loans To Private Sector in Uganda is reported by the Bank of Uganda.
Uganda Business Confidence at 58.77 Index Points  
Business Confidence in Uganda decreased to 58.77 Index Points in March of 2014 from 61.18 Index Points in February of 2014. Business Confidence in Uganda is reported by the Bank of Uganda.
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