Uganda 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$48.77 billion
↑ 7.03% vs 2022GDP per Capita
$1,002.31
↑ 4.07% vs 2022GDP Growth (Annual %)
5.34%
↑ 0.75pp vs 2022Inflation Rate (CPI %)
5.35%
↓ 1.84pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $45.57 billion | $48.77 billion | +7.03% |
| GDP per Capita | $963.07 | $1,002.31 | +4.07% |
| GDP Growth (Annual %) | 4.59% | 5.34% | +0.75pp |
| Inflation (CPI %) | 7.20% | 5.35% | -1.84pp |
| Unemployment Rate (%) | 2.89% | 2.79% | -0.10pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $48.77 billion
- GDP per Capita
- $1,002.31
- GDP Growth (Annual %)
- 5.34%
- Gross National Income
- $47.80 billion
Prices & Employment
- Inflation (CPI %)
- 5.35%
- Inflation (GDP Deflator %)
- 6.75%
- Unemployment Rate (%)
- 2.79%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -7.72%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Uganda's Gross Domestic Product (GDP) is $48.77 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Uganda for 2023 is $1,002.31. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Uganda for 2023 is 5.35%. This measures the annual percentage change in the cost of consumer goods and services.
Uganda's annual GDP growth rate for 2023 is 5.34%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Uganda for 2023 is 2.79%. This represents the percentage of the labor force that is unemployed and actively seeking employment.