Country Report Uganda March 2010

Outlook for 2010-11: Forecast summary

Forecast summary
(% unless otherwise indicated)
 2008a2009b2010c2011c
Real GDP growth8.36.67.08.0
Consumer price inflation (av)12.113.19.18.0
Consumer price inflation (year-end)14.310.99.07.0
Short-term interbank rate20.521.619.519.0
Government balance (% of GDP)d-2.0-3.9-3.0-4.2
Exports of goods fob (US$ m)2,703.53,184.63,574.53,963.7
Imports of goods fob (US$ m)3,981.84,193.54,915.45,742.1
Current-account balance (US$ m)-845.5-559.5-1,009.6-1,437.6
Current-account balance (% of GDP)-5.1-3.3-4.8-5.7
External debt (year-end; US$ bn)2.1b2.63.13.6
Exchange rate USh:US$ (av)1,720.42,038.51,891.11,829.4
Exchange rate USh:¥100 (av)1,664.52,175.42,149.02,102.8
Exchange rate USh:€ (year-end)2,709.62,712.72,482.82,530.9
Exchange rate USh:SDR (year-end)2,931.12,991.32,866.82,836.1
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. d Fiscal years (July 1st-June 30th). Ratio calculated using government/IMF figures of GDP for the fiscal year.

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