Uganda GDP Annual Growth Rate

Last Release

Dec 31, 2022

Actual

4.4

Units In

7.5

Frequency

Quarterly

Next Release

Jun 27, 2025

Time to Release

2 Months 25 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
12.9 Jun 2021	-8.1 Sep 2014	5.02 %	2009-2022	Uganda Bureau of Statistics

The services sector is the most important sector of Uganda's economy and accounts for around 51 percent of total GDP. The biggest segments within services are trade & repairs (13 percent); education (8 percent); real estate (5 percent); and finance and insurance (4 percent). Agriculture, forestry & fishing account for 27 percent and the industrial sector represents around 22 percent of the GDP, mostly due to manufacturing (9 percent) and construction (8 percent).

Latest Updates

Uganda's GDP grew by 5.3% year-on-year in Q4 2024, slowing from 6.7% in the previous quarter, marking the weakest expansion since Q1 2023, but still solid. The increase was mainly driven by secondary activities, which rose by 8.4% (up from 5.9% in Q3), and primary activities, which grew by 7.2% (down from 8.7%). The services sector also saw growth, but at a slower rate of 2% compared to 5.6% in the prior quarter. On a seasonally adjusted quarterly basis, the GDP rose by 0.4% in Q4, slowing from a 1.6% increase in the prior period.