Money in Uganda

Uganda Money | Economic News & Forecasts

Uganda - Money

Economic conditions likely improved in the third quarter, after GDP contracted in the second on the fallout from the pandemic. Economic activity gained notable momentum in Q3 on average, while exports and imports grew strongly after a sharp decrease in Q2, suggesting that both foreign and domestic demand strengthened in the period amid the further easing of restrictions. Turning to Q4, in October, the private sector PMI climbed to its highest level since the breakout of the pandemic, highlighting a sharp improvement in business conditions as further restrictions were removed. Consequently, output continued to expand, leading to higher employment levels and boding well for private consumption in turn. Additionally, more measures were lifted on 14 November, which should support activity going forward; however, domestic and global Covid-19 cases continue to rise.

Uganda - Money Data

2015   2016   2017   2018   2019  
Money (annual variation in %)5.6  13.5  15.4  6.3  16.2  

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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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