Uganda Economic Statistics and Indicators
01, Sep 2015, EDT. Welcome to the Uganda economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.
Economic Indicators For: Uganda › Change country
National or Regional Currency: Ugandan Shilling, UGS
Year of data: 2014 › Change year
Number of Indicators Listed: 33
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 35,918,915 ; note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2014 est.)
Area: total: 241,038 sq km ; land: 197,100 sq km ; water: 43,938 sq km
Natural Resources: copper, cobalt, hydropower, limestone, salt, arable land, gold
Capital: name: Kampala ; geographic coordinates: 0 19 N, 32 33 E ; time difference: UTC+3 (8 hours ahead of Washington, DC, during Standard Time)
Uganda has substantial natural resources, including fertile soils, regular rainfall, small deposits of copper, gold, and other minerals, and recently discovered oil. Uganda has never conducted a national minerals survey. Agriculture is the most important sector of the economy, employing over 80% of the work force. Coffee accounts for the bulk of export revenues. Since 1986, the government - with the support of foreign countries and international agencies - has acted to rehabilitate and stabilize the economy by undertaking currency reform, raising producer prices on export crops, increasing prices of petroleum products, and improving civil service wages. The policy changes are especially aimed at dampening inflation and boosting production and export earnings. Since 1990 economic reforms ushered in an era of solid economic growth based on continued investment in infrastructure, improved incentives for production and exports, lower inflation, better domestic security, and the return of exiled Indian-Ugandan entrepreneurs. The global economic downturn hurt Uganda's exports; however, Uganda's GDP growth has largely recovered due to past reforms and sound management of the downturn. Oil revenues and taxes will become a larger source of government funding as oil comes on line in the next few years. Instability in South Sudan is a risk for the Ugandan economy because Uganda's main export partner is Sudan, and Uganda is a key destination for Sudanese refugees. Unreliable power, high energy costs, inadequate transportation infrastructure, and corruption inhibit economic development and investor confidence.
More on the Uganda Economy
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GDP (Constant Prices, National Currency) for Uganda in year 2014 is UGS 25,580.22 Billion.
GDP (Current Prices, National Currency) for Uganda in year 2014 is UGS 67,398.10 Billion.
GDP (Current Prices, US Dollars) for Uganda in year 2014 is US$ 26.086 Billion.
GDP Deflator for Uganda in year 2014 is 263.477 (Index, Base Year as per country's accounts = 100).
GDP Per Capita (Constant Prices, National Currency) for Uganda in year 2014 is UGS 672,462.95 .
GDP Per Capita (Current Prices, National Currency) for Uganda in year 2014 is UGS 1,771,788.02 .
GDP (PPP), US Dollars for Uganda in year 2014 is US$ 66.65 Billion.
GDP Per Capita (PPP), US Dollars for Uganda in year 2014 is US$ 1,752.12 .
Implied PPP Conversion Rate for Uganda in year 2014 is 1,011.23 .
Investment (% of GDP) for Uganda in year 2014 is 25.437 %.
Inflation, Average Consumer Prices (Indexed to Year 2000) for Uganda in year 2014 is 217.665 (Index, Base Year 2000 = 100).
Inflation, End of Year (Indexed to Year 2000) for Uganda in year 2014 is 222.314 (Index, Base Year 2000 = 100).
Population for Uganda in year 2014 is 38.04 Million .
General government revenue (National Currency) for Uganda in year 2014 is UGS 10,120.37 Billions.
General government total expenditure (National Currency) for Uganda in year 2014 is UGS 13,343.06 Billions.
Total Government Net Lending/ Borrowing (National Currency) for Uganda in year 2014 is UGS -3,222.69 Billions.
Fiscal Year Gross Domestic Product, Current Prices for Uganda in year 2014 is UGS 67,398.10 Billions.
Current Account Balance (US Dollars) for Uganda in year 2014 is US$ -2.702 Billion.
Current Account Balance (% GDP) for Uganda in year 2014 is -10.359 %.
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|Corruption Perceptions Index Rank and Score for Uganda|
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International