Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The Gross Domestic Product (GDP) in Uganda was worth 53.65 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Uganda represents 0.05 percent of the world economy. This dataset provides the latest reported value for - Uganda GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Facebook
TwitterThis statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Uganda from 2014 to 2024. In 2024, agriculture contributed around 24.67 percent to the GDP of Uganda, 24.86 percent came from the industry, and 43.06 percent from the services sector.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The Gross Domestic Product (GDP) in Uganda expanded 5.50 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Uganda GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Facebook
TwitterThe growth of the real gross domestic product (GDP) in Uganda stood at 6.29 percent in 2024. Between 1980 and 2024, the growth rose by 9.68 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The growth is forecast to decline by 0.19 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Uganda UG: GDP: USD: Gross National Income: Atlas Method data was reported at 25.645 USD bn in 2017. This records a decrease from the previous number of 26.232 USD bn for 2016. Uganda UG: GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 6.501 USD bn from Jun 1984 (Median) to 2017, with 34 observations. The data reached an all-time high of 26.769 USD bn in 2015 and a record low of 2.505 USD bn in 1984. Uganda UG: GDP: USD: Gross National Income: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Uganda – Table UG.World Bank: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The Gross Domestic Product per capita in Uganda was last recorded at 986.84 US dollars in 2024. The GDP per Capita in Uganda is equivalent to 8 percent of the world's average. This dataset provides - Uganda GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Uganda UG: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 600.000 USD in 2017. This records a decrease from the previous number of 630.000 USD for 2016. Uganda UG: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 295.000 USD from Jun 1984 (Median) to 2017, with 34 observations. The data reached an all-time high of 670.000 USD in 2015 and a record low of 180.000 USD in 1994. Uganda UG: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Uganda – Table UG.World Bank: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
Facebook
TwitterThe Uganda Bureau of Statistics (UBOS) has been conducting the International Trade in Services Survey since 2010, collecting data on trade transactions in services between residents and non-resident institutional units or persons. The main objective of the survey was to generate quantitative information on the flow of import and export of services. The information collected will be used to improve the compilation of Gross Domestic Product (GDP) and Balance of Payments (BOP) statistics as well as to guide trade in services negotiations and policy at regional and international level.
The survey targeted enterprises that export or import services in the country from five economic sectors of the economy. These included; Information and Communication, Construction, Financial & Insurance activities, Transport & Storage, and Professional, Scientific & Technical activities. A total of 587 enterprises were selected out of a frame of 5,865.
Statistics presented are grossed up for the five economic sectors mentioned above for the years 2010 to 2018. However, Professional, Scientific & Technical activities sector was incorporated in the survey in 2016. From the five sectors, statistics were presented for the eleven categories as recommended by the Manual on Statistics of International Trade in Services (MSITS) and the Extended Balance of Payments Services (EBOPS) classification.
Services Trade Flows Uganda’s total International trade in goods and services amounted to US$12,861.1 million in 2018, of which trade in services accounted for 19.0 percent. The survey findings show that on average trade in services declined by 1.9 percent annually from 2010 to 2018. Similarly, Imports of services declined by 2.7 percent annually whereas exports of services grew by 0.6 percent annually on average.
In 2018, import of services with US$ 1,843.6 million (75.6%) accounted for the biggest percentage of total international services trade, while exports of services amounted to US$ 594.1 million (24.4%). The most imported services were; Financial services (36.6%), Transport services (22.0%), Construction services (16.9%) Other Business services (12.3%), and Telecommunication services (10.0%) whereas the main exports were Transport services (54.4%), Other Business services (26.9%), and Financial services (9.6%).
The survey indicates that there was an annual growth in services exports of 5.8 percent to US$ 594.1 million in 2018 from US$ 561.5 million in 2017. This performance in exports of services was mainly due to the growth in Transport services (13.3%), Other Business services (10.0%), Financial services (2.2%), and Insurance & Pension services (2.3%). On the other hand, Telecommunications, Computer & Information services and Travel services registered an annual decline of 31.4 percent and 10.0 percent respectively in 2018.
Services imports grew slightly by 0.3 percent to US$ 1,843.6 million in 2018 from US$ 1,838.8 million in 2017. This growth was attributed to an increment in Construction services (62.6%), Transport services (56.0%), Financial services (33.9%), Insurance and Pension services (33.7%) and Charges for the Use of Intellectual Property n.i.e (3.3%). On the other hand, Imports of Other Business services, Travel services and Telecommunications, Computer, & Information services registered an annual decline of 63.6 percent, 33.6 percent and 6.5 percent respectively.
Direction of Services Trade Most of Uganda’s services were sold to Common Market for Eastern and Southern Africa (COMESA) (28.4%), the European Union (26.6%) and North America/Caribbean (26.5%) in 2018. Uganda imported most services from Other Europe (23.7%), the European Union (20.8%), COMESA (16.9%), and Middle East (9.7%).
Services Trade Flows by Economic Sector In 2018, Transportation & Storage, Professional, Scientific &Technical activities and Financial & Insurance sectors were the major sectors involved in exportation of services contributing 54.4 percent, 31.7 percent and 10.9 percent of the total services exports respectively. On the other hand, Financial & Insurance activities (38.8%), Construction (29.7%) and Transportation & Storage (21.2%) were the major sectors that imported services.
National coverage.
The unit of analysis of the International Trade in Services 2019 are; broad economic sectors, service categories and trading partners.
The survey covered all enterprises involved in the exports/imports of servies with turnover of UGX 10 million and above
Sample survey data [ssd]
In constructing a sampling frame, the Value Added Tax (VAT) register from Uganda Revenue Authority (URA) was used and this was complemented by the Uganda Business Register (2009/2010). In addition, lists of institutions/associations from regulatory authorities like Uganda Insurance Commission, Association of Uganda Tour Operators, Transporters' Association, as well as Association of Engineers and Constructors were also used to update the sampling frame. In total, the sampling frame consisted of 5,865 eligible enterprises under the five monitored sectors according to ISIC, Rev4 categorisation. From this frame, a sample of 587 enterprises was obtained for the respective sectors basing on the turnover with the understanding that it is the large enterprises that normally trade in international services. The survey targeted only enterprises with turnover of UGX 10 million and above.
Enterprises were stratified according to industry economic activity by ISIC, Rev4 classification. To determine the number of enterprises to be sampled in each stratum, different sampling methods were used. In strata with few enterprises, it was complete enumeration and therefore, all enterprises were sampled i.e. Commercial banks, Insurance companies and Telecommunication companies. For the rest of the strata, only large enterprises that contribute 75 percent of the total turnover of all the enterprises in each stratum were considered. Therefore from a frame of 5,865 enterprises, a sample of 587 enterprises was selected.
Face-to-face [f2f]
Facebook
TwitterAs of April 2025, South Africa's GDP was estimated at over 410 billion U.S. dollars, the highest in Africa. Egypt followed, with a GDP worth around 347 billion U.S. dollars, and ranked as the second-highest on the continent. Algeria ranked third, with nearly 269 billion U.S. dollars. These African economies are among some of the fastest-growing economies worldwide. Dependency on oil For some African countries, the oil industry represents an enormous source of income. In Nigeria, oil generates over five percent of the country’s GDP in the third quarter of 2023. However, economies such as the Libyan, Algerian, or Angolan are even much more dependent on the oil sector. In Libya, for instance, oil rents account for over 40 percent of the GDP. Indeed, Libya is one of the economies most dependent on oil worldwide. Similarly, oil represents for some of Africa’s largest economies a substantial source of export value. The giants do not make the ranking Most of Africa’s largest economies do not appear in the leading ten African countries for GDP per capita. The GDP per capita is calculated by dividing a country’s GDP by its population. Therefore, a populated country with a low total GDP will have a low GDP per capita, while a small rich nation has a high GDP per capita. For instance, South Africa has Africa’s highest GDP, but also counts the sixth-largest population, so wealth has to be divided into its big population. The GDP per capita also indicates how a country’s wealth reaches each of its citizens. In Africa, Seychelles has the greatest GDP per capita.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Time series data for the statistic GDP per person employed (constant 2017 PPP $) and country Uganda. Indicator Definition:GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2017 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.The indicator "GDP per person employed (constant 2017 PPP $)" stands at 6.51 Thousand usd as of 12/31/2024, the highest value since 12/31/2020. Regarding the One-Year-Change of the series, the current value constitutes an increase of 2.66 percent compared to the value the year prior.The 1 year change in percent is 2.66.The 3 year change in percent is 2.36.The 5 year change in percent is -1.77.The 10 year change in percent is 2.24.The Serie's long term average value is 5.23 Thousand usd. It's latest available value, on 12/31/2024, is 24.45 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1991, to it's latest available value, on 12/31/2024, is +116.59%.The Serie's change in percent from it's maximum value, on 12/31/2017, to it's latest available value, on 12/31/2024, is -8.29%.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Time series data for the statistic GDP_Per_Capita_Current_USD and country Uganda. Indicator Definition:GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.The statistic "GDP Per Capita Current USD" stands at 1,072.71 United States Dollars as of 12/31/2024, the highest value at least since 12/31/1961, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 7.02 percent compared to the value the year prior.The 1 year change in percent is 7.02.The 3 year change in percent is 21.51.The 5 year change in percent is 30.47.The 10 year change in percent is 19.72.The Serie's long term average value is 366.10 United States Dollars. It's latest available value, on 12/31/2024, is 193.01 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1960, to it's latest available value, on 12/31/2024, is +1,837.06%.The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0%.
Facebook
TwitterThe real per capita cosumer spending in Uganda was forecast to continuously increase between 2024 and 2029 by in total ********* U.S. dollars (+***** percent). After the seventh consecutive increasing year, the consumer spending is estimated to reach ************ U.S. dollars and therefore a new peak in 2029. Consumer spending, here depicted per capita, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.Find more key insights for the real per capita cosumer spending in countries like Zambia and Mozambique.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Time series data for the statistic GDP, PPP (constant 2017 international $) and country Uganda. Indicator Definition:PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2017 international dollars.The indicator "GDP, PPP (constant 2017 international $)" stands at 144.14 Billion usd as of 12/31/2024, the highest value at least since 12/31/1991, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 6.14 percent compared to the value the year prior.The 1 year change in percent is 6.14.The 3 year change in percent is 16.93.The 5 year change in percent is 24.64.The 10 year change in percent is 60.30.The Serie's long term average value is 66.89 Billion usd. It's latest available value, on 12/31/2024, is 115.50 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1990, to it's latest available value, on 12/31/2024, is +659.57%.The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0%.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Time series data for the statistic GDP: linked series (current LCU) and country Uganda. Indicator Definition:GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.The indicator "GDP: linked series (current LCU)" stands at 202.73 Trillion as of 12/31/2024, the highest value at least since 12/31/1991, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 10.78 percent compared to the value the year prior.The 1 year change in percent is 10.78.The 3 year change in percent is 36.69.The 5 year change in percent is 53.48.The 10 year change in percent is 144.92.The Serie's long term average value is 59.60 Trillion. It's latest available value, on 12/31/2024, is 240.13 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1990, to it's latest available value, on 12/31/2024, is +9,008.08%.The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0%.
Facebook
TwitterThe per capita consumer spending on education in Uganda was forecast to continuously increase between 2024 and 2029 by in total **** U.S. dollars (+**** percent). After the twelfth consecutive increasing year, the education-related per capita spending is estimated to reach ***** U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case education-related spending per capita, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group tenth As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the per capita consumer spending on education in countries like Rwanda and Zambia.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
Facebook
TwitterCC0 1.0 Universal Public Domain Dedicationhttps://creativecommons.org/publicdomain/zero/1.0/
License information was derived automatically
The share of Uganda’s population that lives below the poverty line has fluctuated over the last seven years, greatly influenced by shocks that have tested the resilience of the people. The COVID-19 pandemic pushed both urban and rural residents into poverty. Inequality, which reflects the extent to which different population groups benefit from Gross Domestic Product (GDP) growth, and affects the transmission of growth into poverty reduction, remained largely unchanged over this period and may even have worsened in urban areas. The findings of this report show that previously identified patterns and drivers of Uganda’s poverty changes persisted well into 2020 – shaped by low productivity and high vulnerability. Identified inequality of economic opportunities and unequal accumulation of the human capital could hold back structural change in employment. Accelerating poverty reduction in such a setting requires a two-pronged strategy. While at the macroeconomic level, policies addressing growth fundamentals are important for reducing poverty, from a microeconomic perspective, the report’s analysis shows that two strategies will be crucial. The first strategy is to lift the productivity and incomes of poor households in both rural and urban areas. While tackling agricultural productivity and job creation are at the top of the agenda here, making mobile phone services more widely accessible and affordable is a potential opportunity. The second strategy is to strengthen people’s resilience to shocks, particularly in rural areas. To have an impact, policies in both these areas will have to address the inequality in opportunities analyzed in the report. This document provides an overview of key report findings and identifies priority actions.
Facebook
TwitterThe real total consumer spending in Uganda was forecast to continuously increase between 2024 and 2029 by in total **** billion U.S. dollars (+***** percent). After the thirteenth consecutive increasing year, the real total consumer spending is estimated to reach **** billion U.S. dollars and therefore a new peak in 2029. Consumer spending here refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.Find more key insights for the real total consumer spending in countries like Mozambique and Kenya.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Time series data for the statistic Real_GDP_Per_Capita_PPP_Constant_2017_USD and country Uganda. Indicator Definition:GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2017 international dollars.The statistic "Real GDP Per Capita PPP Constant 2017 USD" stands at 2,881.87 United States Dollars as of 12/31/2024, the highest value at least since 12/31/1991, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 3.25 percent compared to the value the year prior.The 1 year change in percent is 3.25.The 3 year change in percent is 7.34.The 5 year change in percent is 7.16.The 10 year change in percent is 16.65.The Serie's long term average value is 1,974.88 United States Dollars. It's latest available value, on 12/31/2024, is 45.93 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1990, to it's latest available value, on 12/31/2024, is +166.83%.The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0%.
Facebook
TwitterThe total consumer spending on restaurants and hotels in Uganda was forecast to continuously increase between 2024 and 2029 by in total ***** million U.S. dollars (+***** percent). After the thirteenth consecutive increasing year, the restaurants- and hotels-related spending is estimated to reach *** billion U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case concerning restaurants and hotels, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs) in the selected region. Spending by corporations or the state is not included. Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 11. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the total consumer spending on restaurants and hotels in countries like Ethiopia and Kenya.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The Gross Domestic Product (GDP) in Uganda was worth 53.65 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Uganda represents 0.05 percent of the world economy. This dataset provides the latest reported value for - Uganda GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.