Uganda - Economic Trends

ANNUAL  INDICATORS

 

 

1996

1997

1998

1999

2000

2001

GNP : US $ bn

 

6.6

6.6

6.8

 

 

GNP PER CAPITA

290

320

310

320

 

 

GDP: US $ bn

6.3

6.7

6.2

6.0

5.8

5.9

REAL GDP GROWTH : %

9.1

4.7

5.6

5.1

5.5

5.4

CONSUMER PRICE INFLATION (av;%)

7.2

6.9

0.0

6.4

2.8

3.5

MERCHANDISE EXPORTS fob: US $ m

639

593

510

500

390

367

MERCHANDISE IMPORTS fob: US $ m

987

1,043

1,166

1,096

1,190

1,262

CURRENT ACCOUNT BALANCE: US $ m

-252

-367

-502

-551

-533

-543

TOTAL EXTERNAL DEBT: US $ bn

3.7

4.0

4.0

4.1

3.7

3.4

DEBT SERVICE as % of exports

18.4

20.0

22.3

25.4

17.1

15.8

EXTERNAL DEBT as % of GNP

 

 

 

 

 

 

EXCHANGE RATE (av; NUSh:US $)

1,046

1,083

1,240

1,455

1,644

1,760

NET ODA FROM ALL DONORS: US $ m

684

840

471

590

 

 



EMPLOYMENT BY ECONOMIC ACTIVITY (%)

 

 

MALE

FEMALE

1980

1992-97

1980

1992-97

AGRICULTURE

84

81

91

88

INDUSTRY

6

7

2

2

SERVICES

10

12

8

10


§       Economic sectors



STRUCTURE OF GDP

 

 

1980

1990

2000

Total GDP: US$ m

1,245

4,304

5,800

% of total :

 

 

 

AGRICULTURE

72

57

42

INDUSTRY

4

11

17

MANUFACTURING

4

6

9

SERVICES

23

32

28



 GROWTH OF OUTPUT

 

 

1980-90

1990-99

GDP - Average annual % of growth

2.9

7.2

AGRICULTURE

2.1

3.7

INDUSTRY

5.0

12.7

MANUFACTURING

3.7

SERVICES

2.8

8.1



FOREIGN TRADE- PRINCIPAL EXPORTS : US $ m

 

1994

1998

2000

COFFEE

343

296

162

FISH & FISH PRODUCTS

10

40

10

TEA

12

28

50

TOBACCO

8

22

---

GOLD

---

19

35

COTTON

4

8

13



MAIN TRADING PARTNERS : US $ m

 

EXPORTS TO :

1994

1995

1996

1997

1998

SPAIN

60

110

118

76

60

GERMANY

47

67

49

75

52

BELGIUM

10

42

41

45

49

NETHERLANDS

14

40

49

52

26

FRANCE

56

68

62

43

26

UK

22

16

21

31

25

ITALY

30

46

40

32

18

PORTUGAL

12

17

14

20

15

US

33

12

15

36

14

IMPORTS FROM:

 

 

 

 

 

KENYA

151

186

217

239

349

UK

69

86

87

94

83

INDIA

36

39

45

41

50

JAPAN

51

57

44

42

42

INDIA

36

39

45

41

50

GERMANY

23

39

43

36

37

FRANCE

15

57

33

24

37

SOUTH AFRICA

7

27

31

38

n/a

US

31

24

19

39

33

ITALY

20

22

20

27

18

HONG KONG

19

32

25

14

10


Source: IMF, Direction of Trade Statistics



 

BALANCE OF PAYMENTS, IMF estimates - US$ m

 

 

1993

1994

1995

1996

1997

Goods: exports fob

200

463

560

639

576

Goods: imports fob

-478

-714

-927

-987

-1,043

Trade balance

-278

-251

-367

-348

-467

OVERALL BALANCE

130

19.6

104.8

59.1

56.3


Source: IMF Direction of Trade Statistics



PUBLIC EXPENDITURE, 2000/2001 budget:  % of total

 

% of total

EDUCATION

28

HEALTH

8

AGRICULTURE

1

ROADS & WORKS

9

PUBLIC ADMINISTRATION

19

ECONOMIC FUNCTIONS

8

LAW & ORDER

6

SECURITY

14


Source: EIU, Uganda Country Report, August 2000.



  NET OFFICIAL DEVELOPMENT ASSISTANCE

 

 

1991

1993

1998

NET OFFICIAL DEVELOMENT ASSISTANCE

 & OFFICIAL AID: US  $ m

667

610

471

AID PER CAPITA : US $

39.5

33.97

23.0

AID as % of GNP

20.4

19.2

7.0



PUBLIC EXTERNAL DEBT, JUNE 1999 (US$ m)

MULTILATERAL DEBT

2,782

Of which: IDA

1,935

IMF

367

African Development Fund

329

OECD BILATERAL DEBT

288

NON-OECD BILATERAL DEBT

361

TOTAL EXTERNAL DEBT, including others

3,499


Source: The Economist Intelligence Unit, EIU Uganda Country Profile, 2001.