Uganda 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$50.92 billion
↑ 4.40% vs 2023GDP per Capita
$1,046.45
↑ 4.40% vs 2023GDP Growth (Annual %)
4.40%
↓ 0.93pp vs 2023Inflation Rate (CPI %)
3.32%
↓ 2.03pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $48.77 billion | $50.92 billion | +4.40% |
| GDP per Capita | $1,002.31 | $1,046.45 | +4.40% |
| GDP Growth (Annual %) | 5.34% | 4.40% | -0.93pp |
| Inflation (CPI %) | 5.35% | 3.32% | -2.03pp |
| Unemployment Rate (%) | 2.79% | 2.94% | +0.15pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $50.92 billion
- GDP per Capita
- $1,046.45
- GDP Growth (Annual %)
- 4.40%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 3.32%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 2.94%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Uganda's Gross Domestic Product (GDP) is $50.92 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Uganda for 2024 is $1,046.45. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Uganda for 2024 is 3.32%. This measures the annual percentage change in the cost of consumer goods and services.
Uganda's annual GDP growth rate for 2024 is 4.40%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Uganda for 2024 is 2.94%. This represents the percentage of the labor force that is unemployed and actively seeking employment.