Current account balance as a proportion of gdp in Uganda
Uganda: Current account balance as a proportion of gdp was -7.72 in 2023. ◆ Volatile
Latest (2023)
-7.72
Change on year
up 13.5%
World rank
157th
of 191 countries
All-time high
0.53
in 2005
All-time low
-9.57
in 2020
Years of data
24
2000–2023
Current account balance as a proportion of gdp in Uganda, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for current account balance as a proportion of gdp in Uganda is -7.72, measured in 2023.
That represents a change of up 13.5% on the previous year and down 27.4% over ten years.
Over the whole period, current account balance as a proportion of gdp in Uganda peaked at 0.53 in 2005 and was at its lowest, -9.57, in 2020.
Uganda ranks 157th of 191 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of gdp in Uganda, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -5.79 | — |
| 2001 | -5.23 | -9.7% |
| 2002 | -2.46 | -53.0% |
| 2003 | -0.58 | -76.4% |
| 2004 | -0.02 | -96.6% |
| 2005 | 0.53 | -2750.0% |
| 2006 | -3.19 | -701.9% |
| 2007 | -4.73 | +48.3% |
| 2008 | -8.48 | +79.3% |
| 2009 | -4.17 | -50.8% |
| 2010 | -6.04 | +44.8% |
| 2011 | -7.49 | +24.0% |
| 2012 | -6.06 | -19.1% |
| 2013 | -6.06 | -0.0% |
| 2014 | -6.64 | +9.6% |
| 2015 | -5.09 | -23.3% |
| 2016 | -2.73 | -46.4% |
| 2017 | -4.88 | +78.8% |
| 2018 | -6.33 | +29.7% |
| 2019 | -7.45 | +17.7% |
| 2020 | -9.57 | +28.5% |
| 2021 | -8.89 | -7.1% |
| 2022 | -8.92 | +0.3% |
| 2023 | -7.72 | -13.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.41 | -8.48 | 0.53 | 10 |
| 2010s | -5.88 | -7.49 | -2.73 | 10 |
| 2020s | -8.78 | -9.57 | -7.72 | 4 |
Countries ranked near Uganda
- 154 New Caledonia -7.5 compare
- 155 Uzbekistan -7.68 compare
- 156 Cote d'Ivoire -7.69 compare
- 157 Yemen -7.72 compare
- 159 Mali -7.86 compare
- 160 Guinea-Bissau -8.16 compare
More economy & growth data for Uganda
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.99 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 11.71 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3,400 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 4.10 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 6.18 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7966 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 960.95 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 6.18 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 2,431 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Uganda?
- Current account balance as a proportion of gdp in Uganda was -7.72 in 2023, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Uganda?
- The highest recorded value was 0.53 in 2005.
- What is the lowest current account balance as a proportion of gdp recorded in Uganda?
- The lowest recorded value was -9.57 in 2020.
- How does Uganda rank for current account balance as a proportion of gdp?
- Uganda ranks 157th out of 191 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Uganda?
- Over the last ten years it is down 27.4%. The long-run trend across the full record is volatile.
- Where does this Uganda data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).