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Uganda GDP

Uganda's GDP rose to $53.65 billion in 2024, up from $48.77 billion in 2023, according to World Bank. This represents an increase of 10% ($4.88 billion) from the previous year and accounts for 0.05% of the world's total GDP. Uganda has GDP higher than the global median ($53.65 billion vs median $35.85 billion). Compared with the median in Africa, Uganda is higher ($53.65 billion vs regional median $20.75 billion) and ranks 13th out of 52 countries in Africa.

Uganda's GDP per capita rose to $986.84 in 2024, up from $955.75 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 53.65
2023 48.77
2022 45.57
2021 40.53
2020 37.6
2019 35.35
2018 32.93
2017 30.74
2016 29.2
2015 32.39
2014 32.61
2013 28.92
2012 27.31
2011 27.87
2010 26.67
2009 25.13
2008 14.44
2007 11.9
2006 9.98
2005 9.24
2004 7.94
2003 6.61
2002 6.18
2001 5.84
2000 6.19
1999 6
1998 6.58
1997 6.27
1996 6.04
1995 5.76
1994 3.99
1993 3.22
1992 2.86
1991 3.32
1990 4.3
1989 5.28
1988 6.51
1987 6.27
1986 3.92
1985 3.52
1984 3.62
1983 2.24
1982 2.18
1981 1.34
1980 1.24
1979 2.14
1978 2.42
1977 2.94
1976 2.45
1975 2.36
1974 2.1
1973 1.7
1972 1.49
1971 1.42
1970 1.26
1969 1.17
1968 1.04
1967 0.97
1966 0.93
1965 0.88
1964 0.59
1963 0.52
1962 0.45
1961 0.44
1960 0.42
Uganda GDP : Definition
GDP measures the total value of all goods and services produced in Uganda, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 6.14% 5.34% 2024
GDP Growth Rate (QoQ) -0.7% 3.5% Jun'25
GDP Growth Rate (YoY) 5.5% 8.4% Jun'25
GDP per Capita $986.84 $955.75 2024
GDP per Capita PPP $2,881.87 $2,791.06 2024
R&D Expenditure (% GDP) 0.31% 0.14% 2023
Real GDP $49.36B $46.5B 2024