Uganda Gdp Growth Rate

The Gross Domestic Product (GDP) in Uganda contracted 0.60 percent in the third quarter of 2013 over the previous quarter. GDP Growth Rate in Uganda is reported by the Uganda Bureau of Statistics. From 2008 until 2013, Uganda Gdp Growth Rate averaged 1.5 percent reaching an all time high of 6.3 percent in September of 2008 and a record low of -0.7 percent in December of 2011. 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. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-0.60 2.10 6.30 -0.70 1.59 | 2013/12 2008 - 2013 percent Quarterly

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Uganda Gdp Growth Rate
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 19.80 2012-12-31 16.81 19.80 0.42 21.36 2013-12-31 USD Billion [+]
GDP Annual Growth Rate 2.20 2013-09-30 5.80 12.20 0.30 5.95 2013-12-31 Percent [+]
GDP per capita 405.40 2012-12-31 405.33 405.40 179.09 408.87 2013-12-31 USD [+]
GDP per capita PPP 1165.01 2012-12-31 1164.81 1165.01 514.67 1174.98 2013-12-31 USD [+]
GDP Growth Rate -0.60 2013-09-30 2.10 6.30 -0.70 1.59 2013-12-31 percent [+]
Gross Fixed Capital Formation 13514.00 2012-06-29 12211.00 13514.00 1160.00 13601.48 2012-12-31 UGX Billion [+]
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GDP Growth Rate | Notes
The GDP Growth Rate shows a percentage change in the seasonally adjusted GDP value in the certain quarter, compared to the previous quarter. Because of climatic conditions and holidays, the intensity of the production varies throughout the year. This makes a direct comparison of two consecutive quarters difficult. In order to adjust for these conditions, many countries calculate the quarterly GDP using so called seasonally adjusted method. The Gross Domestic Product can be determined using three different approaches: the product, the income, and the expenditure technique, which should give the same result. In sum, the product technique sums the outputs of every class of enterprise. The expenditure technique works on the principle that every product must be bought by somebody, therefore the value of the total product must be equal to people's total expenditures in buying products and services. The income technique works on the principle that the incomes of the productive factors must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes.


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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 Imports at 510.90 USD Million  
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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 .
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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 Money Supply M2 at 9808.00 UGX Billion  
Money Supply M2 in Uganda increased to 9808 UGX Billion in February of 2014 from 9598.90 UGX Billion in January of 2014. Money Supply M2 in Uganda is reported by the Bank of Uganda.
Uganda Money Supply M3 at 13648.60 UGX Billion  
Money Supply M3 in Uganda increased to 13648.60 UGX Billion in February of 2014 from 13239.80 UGX Billion in January of 2014. Money Supply M3 in Uganda is reported by the Bank of Uganda.
Uganda Interest Rate at 11.50 Percent  
The benchmark interest rate in Uganda was last recorded at 11.50 percent. Interest Rate in Uganda is reported by the Bank of Uganda.
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