GDP Growth

Economy

Uganda’s economy rebounded in final three months of 2016

Uganda's economy recorded positive growth in the second quarter of 2016/17 after contracting in the previous quarter, data released by the Uganda Bureau of Statistics on Tuesday show.
Busy market in Kampala, Uganda
Economy

Bank of Uganda cuts policy rate by 0.5%

Bank of Uganda on Wednesday lowered the central bank rate by 0.5% to 11.5% from the 12% set in December.
Emmanuel Tumusiime-Mutebi, the governor of the Bank of Uganda
Economy

Uganda economy to grow 5% in 2017 – Stanbic Bank

After growing at an average rate of 7.8% in 1990-2010, the expansion of Uganda's economy slowed to 4.5% in the five years to 2016. The prevailing consensus among economists is that growth this year will hew to the rate of the last few years.
A Stanbic Bank Economist at a Stanbic event.
Economy

Uganda unlikely to achieve middle income status by 2020, World Bank says

The World Bank says Uganda's economy must grow by 12% each year until 2020 if it is to achieve its goal of middle-income status by that time. But that is twice the growth rate it considers realistic for Uganda's GDP in the medium-term
Economy

Uganda’s GDP contracts 0.2% in Q1 of 2016/17

Uganda's economy contracted by 0.2% in the first quarter of 2016/17 – the second decline in 11 quarters – with shrinking value in the agricultural sector responsible for the decline, according to estimates released by the Uganda Bureau of Statistics.
Busy market in Kampala, Uganda
Economy

Uganda to grow 4.9% in 2016 – IMF

The Uganda economy is set to grow at 4.9% in 2016, according to a report released by the International Monetary Fund, slightly higher than the 4.8% registered in 2015. It also forecasts a real GDP growth of 5.5% in 2017.
Busy market in Kampala, Uganda
DataEconomy

Uganda GDP grows 1.4% in final quarter of 2015/16

Real Gross Domestic Product expanded at an annualised rate of 1.4% in the fourth quarter of financial year 2015/2016 (April - June), compared to a 0.1% (revised) decline in the third quarter, according to data from the Uganda Bureau of Statistics.
Busy market in Kampala, Uganda
Previous 1234