Domestic Demand in Uganda
The Ugandan economy recorded an average growth rate of 5.6% in the decade to 2021. In 2021, the domestic demand growth was 7.2%.
Uganda Demand Chart
Note: This chart displays Domestic Demand (ann. var. %) for Uganda from 2013 to 2023.
Source: Macrobond.
Uganda Demand Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Domestic Demand (ann. var. %) | 9.0 | -2.0 | 7.6 | 6.7 | 2.5 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Ugandan demand projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable demand forecast available for Ugandan demand.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Ugandan demand projections.
Want to get access to the full dataset of Ugandan demand forecasts? Send an email to info@focus-economics.com.