Uganda flag

Uganda GDP Growth Rate (2026)

Latest Update: September 2026
Source: IMF
Uganda has a fast-growing East African economy supported by agriculture, services, construction, trade, and a young population. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+7.5%
Annual real GDP growth
World Rank
#4
Out of 195 countries
Change vs 2025
+0.8 pp
2025: +6.7%
Africa Rank
#3
Out of 54 countries

1. Uganda GDP Growth Rate in 2026

Ugandan economic growth is supported by infrastructure investment, agriculture, services, household demand, and expanding energy activity. Population growth and private investment also contribute to momentum.

2. Uganda GDP Growth Rate Trends (1980–2026)

Uganda’s growth history has been shaped by agricultural development, urbanization, public investment, and expanding services. Infrastructure and regional trade have become increasingly important over time.

3. Uganda GDP Growth Rate (Historical Data)

Year GDP Growth Rate Change (pp)
2026 +7.5% +0.8 pp
2025 +6.7% +0.7 pp
2024 +6.0% +1.0 pp
2023 +5.0% -1.2 pp
2022 +6.2% +0.7 pp
2021 +5.5% +6.7 pp
2020 -1.2% -8.8 pp
2019 +7.6% +2.0 pp
2018 +5.6% -1.2 pp
2017 +6.8% +6.6 pp

4. Uganda GDP Growth Performance

Current Growth Rate
+7.5%
(2026 to 2026)
5-Year Average
+6.3%
(2022 to 2026)
10-Year Average
+5.6%
(2017 to 2026)
20-Year Average
+5.9%
(2007 to 2026)
The economy benefits from a large domestic market, infrastructure projects, and improving investment prospects. Agricultural dependence and financing constraints can still create volatility.

5. Uganda GDP Growth Rate vs Africa and World

Uganda
+7.5%
Africa Average
+4.1%
World Average
+2.8%
0.0% 3.8% 7.5%
Annual real GDP growth (%)
Uganda’s GDP growth rate is approximately 3.4 pp above the Africa average and 4.7 pp above the world average.

6. Uganda GDP Growth Rate Ranking in Africa

Rank Country GDP Growth Rate
#1 Ethiopia +9.2%
#2 Guinea +8.7%
#3 Uganda +7.5%
#4 Rwanda +7.2%
#5 Benin +7.0%
#6 Niger +6.7%
#7 Libya +6.7%
#8 Ivory Coast +6.2%
#9 Djibouti +6.0%

7. Top 10 Fastest-Growing Countries in the World (2026)

Rank Country GDP Growth Rate
#1 Guyana flag Guyana +16.2%
#2 Ethiopia flag Ethiopia +9.2%
#3 Guinea flag Guinea +8.7%
#4 Uganda flag Uganda +7.5%
#5 Bhutan flag Bhutan +7.5%
#6 Rwanda flag Rwanda +7.2%
#7 Vietnam flag Vietnam +7.1%
#8 Benin flag Benin +7.0%
#9 Niger flag Niger +6.7%
#10 Libya flag Libya +6.7%

8. GDP Growth Rate and Economy Size in Uganda

Uganda GDP (Nominal)
$73.4 Billion
(2026)
Uganda GDP Growth Rate
+7.5%
(2026)
Uganda often grows faster than mature economies and remains one of East Africa’s stronger development markets. Its lower income base provides significant room for catch-up growth.
Explore more: Uganda GDP

9. Uganda GDP Growth Rate Forecast

The outlook depends on infrastructure, agriculture, energy investment, services, and private-sector development. Debt, climate risks, and implementation challenges remain important.
Year GDP Growth Rate Change
2027 +8.2% +0.7 pp
2028 +7.0% -1.2 pp
2029 +6.7% -0.3 pp
2030 +6.2% -0.5 pp

10. Uganda GDP Growth Rate: Key Findings

Uganda GDP growth rate is estimated at +7.5% in 2026.
It ranks #4 globally and #3 in Africa by annual GDP growth rate.
The growth rate accelerated by 0.8 percentage points compared with 2025.
The 5-year average GDP growth rate is +6.3%.
The 10-year average GDP growth rate is +5.6%.
The current rate is 3.4 percentage points above the Africa average.
The current rate is 4.7 percentage points above the world average.
The forecast GDP growth rate is +6.2% in 2030, 1.3 percentage points below the 2026 rate.

11. What Is GDP Growth Rate?

GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate = (Real GDPₜ − Real GDPₜ₋₁) ÷ Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.

12. Methodology and Data Sources

Additional Source: World Bank
Measure: Annual percentage change in real GDP
Unit: Percent (%)
Comparisons: Year-to-year rate differences are shown in percentage points (pp)
Update Frequency: Annually and when new forecasts are released
Last Updated: September 2026

13. Uganda GDP Growth Rate FAQs

Uganda GDP growth rate is estimated at +7.5% in 2026.
Uganda ranks #4 globally and #3 in Africa by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +7.5% in 2026.
Uganda GDP growth rate was +8.0% in 2015.
Uganda GDP growth rate is 3.4 percentage points above the Africa average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.