Fiscal Balance in Uganda
Uganda - Fiscal BalanceRecently-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
|Fiscal Balance (% of GDP)||-4.1||-4.7||-4.6||-3.8||-4.8|
5 years of economic forecasts for more than 30 economic indicators.
Uganda Fiscal Balance Chart
Source: Bank of Uganda
|Exchange Rate||3,767||0.17 %||May 13|
|Stock Market||0.0||0.0 %||May 13|
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