Trade Balance in Uganda
Uganda - Trade BalanceEconomic activity expanded in Q3, but it did so at the weakest rate since Q2 2020, likely due to the 42-day lockdown imposed at the outset of the period. Moving to the final quarter of the year, activity growth accelerated in annual terms in October, pointing to a robust economic footing at the outset of Q4. Moreover, the private-sector PMI averaged markedly higher in October–November compared to Q3. November’s reading showed the first increase in employment levels in six months, boding well for spending, while firms remained optimistic over future activity, which should support investment ahead. Meanwhile, the country has continued to keep daily infection rates under control, and recently announced its target to vaccinate all adults by early 2022, after which a full reopening of the economy should follow.
Uganda - Trade Balance Data
|Trade Balance (USD billion)||-2.3||-1.6||-1.7||-2.5||-2.7|
5 years of economic forecasts for more than 30 economic indicators.
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|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.