Economic activity
Purchasing Managers’ Index
Private sector picks up pace in April despite fuel-driven cost pressures
Uganda's private sector expanded for a 15th month as the PMI rose to 55, though rising fuel costs and a declining BTI weighed on firms
Purchasing Managers’ Index
Fuel costs temper steady private-sector expansion at quarter-end
Uganda’s PMI rose to 54.3 in March while BTI eased, as fuel costs and weak construction tempered momentum
Uganda’s oil moment approaches — but the risks are multiplying
Uganda's first oil is due in H2 2026, but timing risks, fiscal pressures, and a Middle East conflict cloud the outlook
Business conditions strengthen in February
The Stanbic Bank Uganda PMI jumped to 54.2 in February as output, employment, and new orders all rose across monitored sectors
Private sector extends growth streak to a year
Uganda's PMI reading of 52.6 extended the private sector's growth streak to a year, despite some disruption from the election period
Private sector growth gains momentum at year-end
Business conditions in Uganda’s private sector strengthened at the close of 2025, with growth edging higher in December according to the latest survey of purchasing managers
Private sector growth accelerates in November
Business conditions in Uganda's private sector strengthened in November, with growth accelerating for the second time in three months, according to a closely watched survey
IMF upgrades sub‑Saharan Africa forecast as reforms blunt external shocks
The IMF has raised its growth forecast for sub-Saharan Africa, crediting improved macroeconomic management in several large economies and resilience amid external pressures
Stronger currencies ease inflation pressures across sub-Saharan Africa
Strong currencies have helped curb inflation in several sub-Saharan African countries, giving central banks room to ease interest rates and stimulate business activityMore Economic activity
2 April 2019
Uganda economic growth strengthens in last three months of 2018
Uganda's economic growth continued to strengthen in the fourth quarter of 2018, expanding at the fastest rate in five quarters
2 December 2018
Uganda’s 2017/18 economic growth beats forecasts
Uganda's gross domestic product growth rebounded strongly in the 2017/2018 financial year on the strength of a pick-up in investments and exports, according to the World Bank
8 November 2018
GDP growth slows in Q4
Uganda's economy posted its slowest growth since early 2017 in the three months to the end of June as the trade and repairs sub-sector contracted while expansion in manufacturing and education cooled down.
3 July 2018
Uganda’s GDP growth robust at start of 2018
Activity in Uganda's real economy in the first three months of 2018 improved at a healthy rate from the same period a year earlier. But the economy lost a little pace as the annual quarterly GDP growth rate recorded its second straight drop