Uganda Gdp Growth Rate
The Gross Domestic Product (GDP) in Uganda expanded 2.37 percent in the first quarter of 2014 over the previous quarter. GDP Growth Rate in Uganda averaged 1.66 percent from 2005 until 2014, reaching an all time high of 6.22 percent in the third quarter of 2008 and a record low of -2.79 percent in the second quarter of 2008. GDP Growth Rate in Uganda is reported by the Uganda Bureau of Statistics.
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Although abundant in natural resources, Uganda is one of the poorest countries in the world. After years of civil wars and mismanagement the country is finally recovering from the state of economic despair. In recent years, with help of foreign donors, the government stabilized the economy and increased investments on education and infrastructure. Those efforts in long term may boost Uganda’s development and create jobs for the fast growing population. This page provides - Uganda Gdp Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.