Government Consumption in Uganda
Uganda's economy recorded an average growth rate of 27.4% in government consumption over the past decade. In 2021, the growth was -0.4%.
Uganda Government Consumption Chart
Uganda Government Consumption Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Government Consumption (ann. var. %) | 14.1 | 7.9 | 2.4 | 14.8 | -2.1 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Ugandan government consumption 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 government consumption forecast available for Ugandan government consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Ugandan government consumption projections.
Want to get access to the full dataset of Ugandan government consumption forecasts? Send an email to info@focus-economics.com.