Mountains in Uganda

Uganda Interest Rate

Uganda Interest Rate

Central Bank Rate in Uganda

The Central Bank Rate ended 2022 at 10.00%, up from the 6.50% end-2021 value and down from the reading of 11.50% a decade earlier. For reference, the average Central Bank Rate in Sub-Saharan Africa was 11.80% at the end of 2022. For more interest rate information, visit our dedicated page.

Uganda Interest Rate Chart

Note: This chart displays Policy Interest Rate (%) for Uganda from 2014 to 2023.
Source: Bank of Uganda.

Uganda Interest Rate Data

2018 2019 2020 2021 2022
Central Bank Rate (%, eop) 10.00 9.00 7.00 6.50 10.00
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Ugandan interest rate projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Ugandan interest rate.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Ugandan interest rate projections.

Want to get access to the full dataset of Ugandan interest rate forecasts? Send an email to

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Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

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