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The African Exponent DATA

Country

🇺🇬 Uganda

UG · UGX Ugandan shilling · Compare Uganda →

Policy rate 9.75% Central Bank Rate · 13 Aug 2026
Headline inflation 4.10% Aug 2026
FX premium +3.31% week +0.97%
Latest T-bill 9.749% 91-day · 2 Sep 2026

Tier 1 · Markets

The Market Now

Series Per US$1 As of Source
Official reference 3,833.30 26 Sep 2026, 00:02 UTC BoU reference (open.er-api.com)
Marketparallel 3,959.99 27 Sep 2026, 00:30 UTC Bybit P2P
Premium +3.31% week +0.97% market vs official

Official rate, 10-year annual average (World Bank)

2,5003,1503,80020142017202020232025

Premium history · since Aug 2026 · our collectors

1.1%4.5%7.8%Aug 2026Sep 2026

Download CSV — FX history · Download CSV — official rate, annual

Tier 2 · Policy & Prices

Policy & Prices

Policy rate

Instrument Rate Effective Source
Bank of Uganda Central Bank Rate 9.75% 13 Aug 2026 Bank of Uganda

As of 21 Sep 2026, 09:30 UTC

Inflation

Headline 4.10% Aug 2026 headline CPI Source
Core 3.50% Aug 2026 excluding food crops & energy, fuel and utilities Source

As of 18 Sep 2026, 03:27 UTC

Download CSV — headline · Download CSV — core

Yield curve

cut-off BoU

91-day 9.749% 2 Sep 2026
182-day 9.999% 2 Sep 2026
364-day 10.999% 2 Sep 2026

Steep — 364-day above 91-day.

Download CSV — auction history

Tier 3 · Structure

Structure & trajectory

Annual indicators, latest available year on each card · Sources: World Bank / UN / IMF WEO Oct 2025 / V-Dem / EIA

20 of 28 indicators improving improving

Rule: for each metric with at least two observations, direction is the sign of (latest − earliest). Child mortality, $3/day poverty, national poverty, debt service, debt-to-GDP, and the Gini index are inverted (a decline is improvement). Overall: improving if ≥60% of those metrics improved, mixed if 40–60%, worsening if <40%.

Population

51.4M · 2025

37M44M51M201520172019202120232025

↑ 15M since 2014

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GDP per capita (PPP)

$3,488 · 2025

$2,100$2,800$3,500201520172019202120232025

↑ $1,354 since 2014

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GDP per capita growth

3.5% · 2025

-0.4%0%4%201520172019202120232025

↑ 1.4 pts since 2014

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Life expectancy

68.5 years · 2024

6365.568201420162018202020222024

↑ 5.4 years since 2014

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Child mortality

48.7 per 1,000 · 2024

485460201420162018202020222024

↓ 11.5 since 2014

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Internet users

8.9% · 2024

5.4%8.7%12%201420162018202020222024

↑ 3.5 pts since 2014

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Manufacturing share of GDP

14.5% · 2025

14%16%18%201520172019202120232025

↓ 1.2 pts since 2014

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Electricity access

55.3% · 2024

18%36.5%55%201420162018202020222024

↑ 34.9 pts since 2014

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Poverty ($3/day)

59.8% · 2019

59%59.5%60%2016201720182019

↓ 0.3 pts since 2016

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National poverty line

16.1% · 2023

16%18.5%21%201620202023

↓ 5.3 pts since 2016

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Adult literacy

77% · 2024

68%74.5%81%201420162018202020222024

↑ 8.5 pts since 2014

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Debt service / exports

13.9% · 2024

1.9%15.9%30%201420162018202020222024

↑ 9.8 pts since 2014

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Exports of goods and services

$11.2B · 2024

$4.7B$7.8B$11B201420162018202020222024

↑ $6.3B since 2014

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GDP growth

6.3% · 2025

2.9%4.7%6.4%201520172019202120232025

↑ 1.2 pts since 2014

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GDP

$62B · 2025

$29B$45.5B$62B201520172019202120232025

↑ $29.4B since 2014

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Unemployment

2.7% · 2025

2.6%3.2%3.8%201520172019202120232025

↑ 0.4 pts since 2014

ILO modeled estimate — national definitions differ

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FDI inflows

$3.3B · 2024

$620M$2B$3.3B201420162018202020222024

↑ $2.2B since 2014

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Remittances

$1.4B · 2024

$880M$1.2B$1.5B201420162018202020222024

↑ $541.8M since 2014

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External debt

$20.5B · 2024

$8.6B$14.8B$21B201420162018202020222024

↑ $11.9B since 2014

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Agriculture share of GDP

26.1% · 2025

22%24%26%201520172019202120232025

↑ 1.3 pts since 2014

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Services share of GDP

42.1% · 2025

41%42.5%44%201520172019202120232025

↓ 2 pts since 2014

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Investment rate

21.9% · 2025

21%23%25%201520172019202120232025

↓ 4.4 pts since 2014

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Terms of trade

123.20 · 2024

93.00106.50120.00201420162018202020222024

↑ 26.50 since 2014

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FX reserves

$3.5B · 2024

$2.9B$3.9B$4.9B201420162018202020222024

↑ $166.5M since 2014

includes gold

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Lending rate

19.8% · 2018

19%21.5%24%20142015201620172018

↓ 1.7 pts since 2014

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Deposit rate

9.4% · 2018

9.3%11.2%13%20142015201620172018

↓ 1.4 pts since 2014

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Gini index

42.70 · 2019

42.0042.5043.002016201720182019

↓ 0.10 since 2016

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Health expenditure

4.2% · 2023

3.7%4.6%5.5%2014201820202023

↓ 1.1 pts since 2014

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Physicians

0.2 per 1,000 · 2022

0.0970.14350.19201520192022

↑ 0.1 since 2015

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Tourist arrivals

473,000 · 2020

470,000985,0001.5M2014201620182020

↓ 793,000 since 2014

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Account ownership

72.8% · 2024

44%58.5%73%201420162018202020222024

↑ 28.4 pts since 2014

Findex · every 3–4 years

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Exports per capita derived

$224.56 · 2024

$120$170$220201420162018202020222024

↑ $89.78 since 2014

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Median age

16.5 years · 2023

1415.5172014201820202023

↑ 1.9 years since 2014

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Government revenue / GDP

15.3% · 2026

12%13.5%15%201620182020202220242026

↑ 4.5 pts since 2014

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Debt to GDP

55% · 2026

24%39.5%55%20142017202020232026

↑ 30.2 pts since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

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Gross debt (national currency)

USh147.8T · 2026

USh22.0TUSh86.0TUSh150.0T20142017202020232026

↑ USh125.5T since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

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Current account / GDP

-3.9% · 2026

-9.5%-6%-2.6%20142017202020232026

↑ 2.3 pts since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

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Budget balance / GDP

-5.9% · 2026

-7.8%-5.2%-2.6%20142017202020232026

↓ 3.2 pts since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

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Electoral democracy

0.25 · 2025

0.250.280.30201520172019202120232025

↓ 0.05 since 2014

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Trade profile

Exports

$11.2B · 2024

$4.7B$7.8B$11B201420162018202020222024

↑ $6.3B since 2014

Imports

$16.1B · 2024

$6.5B$11.2B$16B201420162018202020222024

↑ $8.3B since 2014

Balance derived

−$4.9B · 2024

$-5B$-3.4B$-1.7B201420162018202020222024

↓ $2B since 2014

Top exports · 2024

Products

  1. Pearls, precious stones and metals $3.4B · 42.0%
  2. Coffee, tea, spices $1.6B · 20.3%
  3. Cocoa and cocoa preparations $306.7M · 3.8%
  4. Mineral fuels $187M · 2.3%
  5. Iron and steel $177.9M · 2.2%
  6. Sugars and confectionery $166.5M · 2.1%
  7. Milling products $142.2M · 1.8%
  8. Fish and crustaceans $139.7M · 1.7%
  9. Beverages, spirits, vinegar $118.7M · 1.5%
  10. Edible vegetables $114.1M · 1.4%

Partners

  1. United Arab Emirates $2.6B · 32.5%
  2. Kenya $589.6M · 7.3%
  3. Hong Kong $519.4M · 6.5%
  4. South Sudan $490.1M · 6.1%
  5. Italy $481.8M · 6.0%
  6. DR Congo $478.3M · 5.9%
  7. India $459.4M · 5.7%
  8. Germany $293.8M · 3.7%
  9. Rwanda $269.3M · 3.3%
  10. Netherlands $179.9M · 2.2%

Top imports · 2024

Products

  1. Pearls, precious stones and metals $3.3B · 23.7%
  2. Mineral fuels $2.2B · 15.7%
  3. Machinery and mechanical appliances $1.1B · 8.1%
  4. Vehicles other than railway $858M · 6.2%
  5. Plastics $635.3M · 4.6%
  6. Electrical machinery and equipment $630.7M · 4.6%
  7. Iron and steel $600.7M · 4.3%
  8. Cereals $485.9M · 3.5%
  9. Animal or vegetable fats and oils $389.6M · 2.8%
  10. Pharmaceutical products $352.6M · 2.5%

Partners

  1. China $2.7B · 19.6%
  2. Tanzania $1.7B · 12.2%
  3. United Arab Emirates $1.3B · 9.3%
  4. India $1.3B · 9.2%
  5. Kenya $824M · 6.0%
  6. South Africa $566.7M · 4.1%
  7. Japan $461.1M · 3.3%
  8. Burkina Faso $432.6M · 3.1%
  9. Mali $361M · 2.6%
  10. Mozambique $355.6M · 2.6%

2025 filings are still arriving — this page updates as each country reports

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