Current account balance — all countries

Current account balance — Uganda

Current account balance in Uganda in 2031 — -1.4%. Ranked 85 in the world out of 188. Since 1980, the indicator has fallen by 0.3 pp.

2031 -1.4% −0.1 pp vs 2030
World rank 85of 188
Period maximum 1.4%1984
Period minimum -9.5%2020

Trend over time

1980–2031 · % of GDP

Current account balance — Uganda, 1980–2031-10-50519801986199219982004201020162022202820311980: -1.1%1981: 0.2%1982: -0.8%1983: -0.8%1984: 1.4%1985: 0.1%1986: -0.6%1987: -1%1988: -1.7%1989: -2.8%1990: -3.5%1991: -4.4%1992: -2.7%1993: -4%1994: -2.8%1995: -3.8%1996: -2.7%1997: -3.8%1998: -4.4%1999: -3.7%2000: -4.6%2001: -3.7%2002: -1.8%2003: -0.4%2004: 0%2005: 0.4%2006: -2.3%2007: -3.2%2008: -5.5%2009: -4.3%2010: -6.5%2011: -7.6%2012: -5.4%2013: -5.4%2014: -6.2%2015: -5.5%2016: -2.6%2017: -4.8%2018: -6.1%2019: -6.9%2020: -9.5%2021: -8.4%2022: -8.6%2023: -7.5%2024: -7.3%2025: -6.2%2026: -3.9%2027: -2.7%2028: -2.1%2029: -1.1%2030: -1.3%2031: -1.4%
Change over the period: −0.3 pp Annual average: -0.01 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Uganda

Uganda -1.4%
World computed 0.28%
Sub-Saharan Africa computed -1.15%
Eastern Africa computed -2.4%
Low-income countries computed -2.62%
Current account balance — Uganda, by year Uganda All countries CSV XLSX
Year % Change, pp
2031 -1.4 −0.1 pp
2030 -1.3 −0.2 pp
2029 -1.1 +1 pp
2028 -2.1 +0.6 pp
2027 -2.7 +1.2 pp
2026 -3.9 +2.3 pp
2025 -6.2 +1.1 pp
2024 -7.3 +0.2 pp
2023 -7.5 +1.1 pp
2022 -8.6 −0.2 pp
2021 -8.4 +1.1 pp
2020 -9.5 −2.6 pp
2019 -6.9 −0.8 pp
2018 -6.1 −1.3 pp
2017 -4.8 −2.2 pp
2016 -2.6 +2.9 pp
2015 -5.5 +0.7 pp
2014 -6.2 −0.8 pp
2013 -5.4 +0 pp
2012 -5.4 +2.2 pp
2011 -7.6 −1.1 pp
2010 -6.5 −2.2 pp
2009 -4.3 +1.2 pp
2008 -5.5 −2.3 pp
2007 -3.2 −0.9 pp
2006 -2.3 −2.7 pp
2005 0.4 +0.4 pp
2004 0 +0.4 pp
2003 -0.4 +1.4 pp
2002 -1.8 +1.9 pp
2001 -3.7 +0.9 pp
2000 -4.6 −0.9 pp
1999 -3.7 +0.7 pp
1998 -4.4 −0.6 pp
1997 -3.8 −1.1 pp
1996 -2.7 +1.1 pp
1995 -3.8 −1 pp
1994 -2.8 +1.2 pp
1993 -4 −1.3 pp
1992 -2.7 +1.7 pp
1991 -4.4 −0.9 pp
1990 -3.5 −0.7 pp
1989 -2.8 −1.1 pp
1988 -1.7 −0.7 pp
1987 -1 −0.4 pp
1986 -0.6 −0.7 pp
1985 0.1 −1.3 pp
1984 1.4 +2.2 pp
1983 -0.8 +0 pp
1982 -0.8 −1 pp
1981 0.2 +1.3 pp
1980 -1.1

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.