Uganda - BIP Jahreswachstumsrate

The economy of Uganda advanced 5.4% from a year earlier in Q2 2019, down slightly from 5.6% in the previous period. It was the slowest expansion since Q2 2018, led by services (6.2% vs 6.4% in Q1), of which transportation & storage (2.4% vs 4.3%); information & communication (5.8% vs 6.8%); finance & insurance (8.9% vs 10.8%) and public administration (5.4% vs 8.5%). However, trade & repairs (5.7% vs 4.3%) and food & accommodation (14.8% vs 13%) posted stronger gains. On the other hand, the agricultural sector rose faster (4.5% vs 3.5%), boosted by cash crops (9.2% vs 4.9%) and food crops (4.4% vs 4.5%), owing to favourable weather conditions. Also, the industrial sector gained steam (5.3% vs 4.5%), namely mining & quarrying (18.7% vs 7.4%); manufacturing (5.6% vs 1.9%); electricity supply (10.7% vs 9%) and water supply (6.3% vs 6.2%). Meanwhile, construction activity slowed markedly (0.6% vs 5.4%). On a quarterly basis, the GDP grew 1.3% compared to 0.3% in the previous quarter.

The economy of Uganda advanced 5.6% from a year earlier in the first quarter of 2019, decelerating from an upwardly revised 6.8% in the previous period. It was the slowest expansion since Q2 2018, led by services (6.5% vs 8.8% in Q4), namely trade & repairs (5.1% vs 7.5%); transportation & storage (4% vs 10.1%); information & communication (1.7% vs 8.6%); administrative & support service (8% vs 16.7%); public administration (7.2% vs 9.1%) and arts, entertainment & recreation (5.7% vs 13%). Also, industrial output rose at a slower pace (2.9% vs 3.5%), mainly due to construction (0.9% vs 4.2%) and mining & quarrying (-3.8% vs -8.1%). In contrast, the agricultural sector strengthened (4.8% vs 4.7%), boosted by cash crops (12% vs 6.4%) and food crops (5.2% vs 3.6%), amid favourable weather conditions. On a quarterly basis, the GDP grew 0.3%, the least since Q1 2016 when it contracted 0.7%, and below 1.2% in the last quarter of 2018.

The economy of Uganda advanced 6.6% year-on-year in the fourth quarter of 2018, after a downwardly revised 6.2% growth in the previous period. It is the fastest expansion since Q1 2018, mainly driven by services (8.4% vs 8.0% in Q3), namely administrative & support service (16.5% vs 12.5%); finance & insurance (14.6% vs 6.1%); arts, entertainment & recreation (12.9% vs 14.6%) and heath & social work (11.4% vs 11.6%). Also, output quickened in the agricultural sector (4.5% vs 3.1%), boosted by fishing (13.3% vs 10.5%); forestry (7.8% vs 2.2%); cash crops (6.4% vs 4.2%) and food crops (3.6% vs 3.2%). Conversely, the industrial sector lost steam (3.5% vs 6.5%), as output slowed in construction (4.2% vs 9.3%) and it plunged in mining (-8.5% vs 7.5%). On a quarterly basis, the economy grew 1.2 percent, after expanding 2.2 percent in the third quarter.