Money in Uganda
The economy of Uganda recorded an average money supply growth rate of 11.4% in the money supply over the past decade. In 2022, the growth was 8.3%. For more monetary base information, visit our dedicated page.
Uganda Money Supply Chart
Note: This chart displays Money (annual variation in %) for Uganda from 2014 to 2023.
Source: Macrobond.
Uganda Money Supply Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Money (ann. var. of M2 %) | 16.4 | 18.6 | 5.8 | 8.3 | 12.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Ugandan money supply projections for the next ten years from a panel of 2 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 money supply forecast available for Ugandan money supply.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Ugandan money supply projections.
Want to get access to the full dataset of Ugandan money supply forecasts? Send an email to info@focus-economics.com.