Uganda

Uganda Economic Outlook

  • In 2014 Uganda saw the consolidation of macroeconomic stability and a gradual recovery of economic activity, with real GDP growth projected to reach 5.9% in FY 2014/15 from 4.5% growth in FY 2013/14.
  • This recovery in economic activity is mainly supported by public investment on infrastructure, recovery in private domestic consumption and investment demand, and a rebound in agriculture.
  • Uganda remains on track to achieve the Millennium Development Goal poverty reduction target as absolute poverty rates continue to drop, from 24.5% in FY 2009/10 to 19.7% in FY 2012/13 (with corresponding improvements in child nutrition and declining infant mortality) and overall life expectancy advances to 59, three years higher than in 2009.

Contacts

East Africa Regional Resource Center (EARC)

African Development Bank Group
Khushee Tower
Longonot  Road, Upper Hill
Nairobi, Kenya
Phone: (254) 20 2712925/ (254) 20 2712926/ (254) 20 2712928
Fax: (254) 20 2712938

Mr. Gabriel Negatu, RRC Director

Uganda field office

African Development Bank Group
14th Floor, Crested Towers Building
Plot 17/22 Hannington Road
P.O. Box 28509
Kampala - Uganda

Phone : (256) 414 236 166/7
Fax : (256) 414 234 011

Mr.  Jeremiah MUTONGA , Resident Representative

Key Facts

Flag:
Capital: Kampala
Area: 241,000 sq km
Total Population 2015: 37.6 Million
Urban Population 2015: 16.40%
Female Population 2015: 49.87%
GDP: US$ 23.5 Billion
GNI Per Capita 2015: US$ 440
Inflation Rate: 5.51%
Crude Birth Rate (per 1000): 43.15%
Human Development Index (rank / 187): 161
Human Development Index (scale 0 to 1): 0.456
Membership Date: 10/09/1964
Cumulative Approvals (1967-2015): UA 2.0 Billion

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