Fiscal Balance in Uganda

Uganda Fiscal Balance | Economic News & Forecasts

Uganda - Fiscal Balance

Rebased 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

2014   2015   2016   2017   2018  
Fiscal Balance (% of GDP)-4.7  -4.7  -4.8  -3.8  -4.2  

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Uganda Fiscal Balance Chart

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

Uganda Facts

Value Change Date
Bond Yield15.751.02 %Dec 31
Exchange Rate3,6700.17 %Dec 31
Stock Market0.30.0 %Jan 07

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