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Laboratoire de la finance africaine

Uganda

Preview 2018
Projected Real GDP Growth (% Change) : 6.3
GDP (current, USD Bn) : 27.50
Projected Consumer Prices (% Change) : 5
Country Population : 41.2
Market Capitalization : 7 billion$
Number of Listed Companies : 18
Sociétés Cotées à Uganda Securities Exchange
Economic performance and outlook

The Ugandan economy reported strong growth in 2019, estimated at 6.3%, largely driven by the expansion of services. Services growth averaged 7.6% in 2019, and industrial growth 6.2%, driven by construction and mining. Agriculture grew at just 3.8%. Retail, construction, and telecommunications were key economic drivers. Inflation is expected to remain below 5%, strengthening the domestic economy.

(Download detailed Analysis Source : Report African Economic Outlook 2020 ; AfDB)

Financial markets

At the end of 2016, the Ugandan banking sector represented a total asset of $7.0 billion.

Credit distributed to businesses represents $2.2 billion and, more broadly, credit to private sector totaling $3.3 billion.

The Uganda Securities Exchange accounted 18 listed companies, representing, at the end of 2017, a market capitalization of $6.6 billion.

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