Country Report Uganda March 2011

Outlook for 2011-12: Forecast summary

Forecast summary
(% unless otherwise indicated)
Real GDP growth5.
Consumer price inflation (av)13.44.1a9.58.5
Consumer price inflation (end-period)10.93.1a8.58.0
Lending rate (av)21.020.2a20.521.0
Government balance (% of GDP)d-1.7-3.0-2.1-3.2
Exports of goods fob (US$ m)2,987.72,971.93,288.83,581.0
Imports of goods fob (US$ m)3,787.34,250.94,635.35,455.8
Current-account balance (US$ m)-451.1-734.4-833.9-1,332.4
Current-account balance (% of GDP)-2.7-4.2-4.3-6.1
External debt (end-period; US$ bn)2.6b2.93.23.6
Exchange rate USh:US$ (av)2,030.32,177.6a2,293.92,326.1
Exchange rate USh:US$ (end-period)1,903.52,308.3a2,222.62,314.7
Exchange rate USh:¥100 (av)2,166.72,477.9a2,797.52,871.7
Exchange rate USh:€ (end-period)2,728.13,113.9a2,689.42,754.5
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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