Fiscal Balance in Uganda

Uganda Fiscal Balance | Economic News & Forecasts

Uganda - Fiscal Balance

Recently-released GDP data confirmed that economic activity accelerated in the final quarter of 2018. The economy grew 6.6% in the fourth quarter (Q3: +6.2% year-on-year), underpinned by robust agricultural production and upbeat gains in the services sector, particularly in the information and communications industry. Meanwhile, momentum appears to have carried over into Q1. The economic activity index reached an all-time high in January, signaling upbeat dynamism in the private sector. In addition, business confidence rose to its highest point since 2013 in February and, although the PMI moderated in the same month, it remained firmly in positive territory. The external sector fared less well, however, as merchandise exports contracted in January on lower shipments of coffee.

Uganda - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-4.1  -4.7  -4.6  -3.8  -4.8  

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Uganda Fiscal Balance Chart


Uganda Fiscal Balance
Note: General government balance as % of GDP
Source: Bank of Uganda

Uganda Facts

ValueChangeDate
Exchange Rate3,7670.17 %May 13
Stock Market0.00.0 %May 13

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