Money in Uganda

Uganda Money | Economic News & Forecasts

Uganda - Money

Incoming figures for the final quarter of 2019 are mixed, following a marked slowdown in the third quarter. The private sector PMI improved in Q4 compared to Q3, underpinned by increasing customer numbers. Meanwhile, economic activity softened in Q4, while merchandise export growth eased in the same period on slower growth of coffee exports. Turning to 2020, the PMI in January logged the highest reading since the series began in June 2016, suggesting private sector activity started the year on good footing. However, the locust swarms that have plagued East Africa lately arrived in Uganda in February. The invasion threatens agricultural production, as well as the tourism sector, and forced the government to allocate UGX 22 billion to combat the plague, putting a strain on the national budget.

Uganda - Money Data

2014   2015   2016   2017   2018  
Money (annual variation in %)14.8  5.6  13.5  15.4  6.3  

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Uganda Money Chart

Uganda Money
Note: Money, annual variation of M2 in %.
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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