Fiscal Balance in Uganda
Uganda - Fiscal BalanceRebased national accounts data showed that growth slowed markedly in the third quarter of 2019, easing to 2.7% year-on-year (Q2: +6.9% year-on-year). Stagnant agricultural output and waning activity in the all-important services sector—amid a downturn in the transportation, trade and hospitality industries—drove the slowdown. Turning to the fourth quarter, available data paints a mixed picture: Business confidence weakened in Q4, particularly in the agriculture sector, while merchandise export growth waned, on average, in October–November compared to Q3, amid slowing coffee exports. That said, economic activity averaged higher in October–November from Q3, while the PMI improved in Q4 on the back of increasing customer numbers.
Uganda - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-4.7||-4.7||-4.8||-3.8||-4.2|
5 years of economic forecasts for more than 30 economic indicators.
Uganda Fiscal Balance Chart
Source: Bank of Uganda
|Bond Yield||15.75||1.02 %||Dec 31|
|Exchange Rate||3,670||0.17 %||Dec 31|
|Stock Market||0.3||0.0 %||Jan 07|
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