32.50 USD Billion.
GDP in Uganda is expected to reach 32.50 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uganda GDP is projected to trend around 34.00 USD Billion in 2022, according to our econometric models.
Contents
What is the GDP of Uganda now?
Uganda: Gross domestic product (GDP) in current prices from 1986 to 2026* (in billion U.S. dollars)
| Characteristic | Gross domestic product in billion U.S. dollars |
|---|---|
| 2020 | 38.14 |
| 2019 | 38 |
| 2018 | 34.22 |
| 2017 | 31.4 |
What is the current GDP 2021?
Current-dollar GDP increased 7.8 percent at an annual rate, or $432.5 billion, in the third quarter to a level of $23.17 trillion. In the second quarter, GDP increased 13.4 percent, or $702.8 billion (table 1 and table 3).
Where does Uganda rank in the world by GDP?
90th
Economy of Uganda
| Statistics | |
|---|---|
| GDP | $36.484 billion (nominal, 2020 est.) $113.476 billion (PPP, 2020 est.) |
| GDP rank | 90th (nominal, 2017) |
| GDP growth | 3.9% (2017) 5.9% (2018) 6.1% (2019e) 6.5% (2020f) |
| GDP per capita | $916.156 (nominal, 2020 est.) $2,752 (PPP, 2020 est.) |
Is Uganda’s GDP per capita is very high?
GDP per capita in Uganda averaged 580.25 USD from 1982 until 2020, reaching an all time high of 898.41 USD in 2019 and a record low of 336.81 USD in 1986.Uganda GDP per capita – values, historical data and charts – was last updated on November of 2021.
Which country has highest GDP in 2021?
GDP (Nominal) Ranking
| Code | Country/Economy | GDP (Nominal) (billions of $) |
|---|---|---|
| 2021 | ||
| World | 94,935 | |
| USA | United States | 22,939.58 |
| CHN | China | 16,862.98 |
What is GDP currently?
The gross domestic product of the United States in 2020 amounted to around 20.89 trillion U.S. dollars.
| Characteristic | Gross domestic product in billion U.S. dollars |
|---|---|
| 2020 | 20,893.75 |
| 2019 | 21,372.6 |
| 2018 | 20,527.15 |
| 2017 | 19,479.63 |
What is the current GDP rate?
GDP at Current Prices in the year Q1 2021-22 is estimated at ₹ 51.23 lakh crore, as against ₹ 38.89 lakh crore in Q1 2020-21, showing a growth of 31.7 percent as compared to contraction of 22.3 percent in Q1 2020-21.
Why is Uganda called the Pearl of Africa?
Uganda is truly the pearl of Africa because of the abundant biodiversity, color, profusion, brilliant life and its serene beauty. The country has got a variety of things to offer intact everything you might need in the travel world is mist likely to be in Uganda.
Is Uganda a 3rd world country?
Niger (0.354) Central African Republic (0.367) South Sudan (0.388)
Third World Countries 2021.
| Country | Human Development Index | 2021 Population |
|---|---|---|
| Uganda | 0.516 | 47,123,531 |
| Madagascar | 0.519 | 28,427,328 |
| Lesotho | 0.52 | 2,159,079 |
| Mauritania | 0.52 | 4,775,119 |
Is the economy of Uganda growing?
Growing GDP, not GDP per capita
While the economy has increased from $26bn to $37bn in the decade ending 2020, it’s the only country in East Africa whose GDP per capita has not grown in the past decade.
Why is Uganda so poor?
Families in Uganda are often large. With the lack of finances and resources, larger families are highly likely to fall below the poverty line. Poor health also reduces a family’s work productivity, causing poverty to be passed down through generations.
What is Uganda’s average income?
Uganda gdp per capita for 2020 was $817, a 2.84% increase from 2019. Uganda gdp per capita for 2019 was $794, a 3.14% increase from 2018. Uganda gdp per capita for 2018 was $770, a 3.14% increase from 2017. Uganda gdp per capita for 2017 was $747, a 1.83% increase from 2016.
Which country is the richest in Africa?
Nigeria
Nigeria is the richest and most populous country in Africa.
Richest African Countries by GDP
- Nigeria – $514.05 billion.
- Egypt – $394.28 billion.
- South Africa – $329.53 billion.
- Algeria – $151.46 billion.
- Morocco – $124 billion.
- Kenya – $106.04 billion.
- Ethiopia – $93.97 billion.
- Ghana – $74.26 billion.
Which country has the strongest economy in Europe 2021?
Russia: Known for being the largest country in the world and having a cultural environment.
Richest European Countries 2021.
| Country | Finland |
|---|---|
| GDP (IMF ’19) | $276.57 Bn |
| GDP (UN ’16) | $238.50 Bn |
| Per Capita | $238.50 Bn |
How is the economy doing right now 2021?
Make no mistake: 2021 is going to be a record year for growth.By sheer dollar amount, the U.S. economy is now bigger than it was before the pandemic despite ongoing labor market troubles, rising by an annualized pace of 6.7 percent in the second quarter of 2021. That was in part thanks to record demand.
Where can you find GDP?
Gross Domestic Product data can be found in the National Accounts dataset portal, and in the Data Tables tab of the International Financial Statistics dataset portal.
Is high or low GDP better?
Economists traditionally use gross domestic product (GDP) to measure economic progress. If GDP is rising, the economy is in solid shape, and the nation is moving forward. On the other hand, if gross domestic product is falling, the economy might be in trouble, and the nation is losing ground.
What is the GDP of USA in 2021?
$22.675 trillion
Economy of the United States
| Statistics | |
|---|---|
| GDP | $22.675 trillion (2021) |
| GDP rank | 1st (nominal; 2021) 2nd (PPP; 2021) |
| GDP growth | 2.9% (2018) 2.3% (2019) −3.5% (2020) 7.39% (2021e) |
| GDP per capita | $68,310 (2021 est.) |
What is the GDP of China in 2021?
$16.642 trillion
As of November 2021, China has 450 million 5G users and over 1.15 million base stations.
Economy of China.
| Statistics | |
|---|---|
| Population | 1,443,995,000 (2021) |
| GDP | $16.642 trillion (nominal; 2021 est.) $26.66 trillion (PPP; 2021 est.) |
| GDP rank | 2nd (nominal; 2021) 1st (PPP; 2021) |
| GDP growth | 6.7% (2018) 6.0% (2019) 2.3% (2020) 8.5% (2021) |
What is so special about Uganda?
Although Uganda is home to the Big Five (lion, leopard, rhino, buffalo, and elephant) it also boasts unique wildlife such as tree-climbing lions and the Nile crocodile.Indeed, Uganda’s wetlands and savannah are great habitats for some of the world’s most spectacular birds and wildlife.
