offee
accounts for the bulk of export revenues. Since 1986, the government
- with the support of foreign countries and international agencies -
has acted to rehabilitate and stabilize the economy by undertaking
currency reform, raising producer prices on export crops, increasing
prices of petroleum products, and improving civil service wages. The
policy changes are especially aimed at dampening inflation and
boosting production and export earnings. During 1990-2001, the
economy turned in a solid performance based on continued investment
in the rehabilitation of infrastructure, improved incentives for
production and exports, reduced inflation, gradually improved
domestic security, and the return of exiled Indian-Ugandan
entrepreneurs. Growth continues to be solid, despite variability in
the price of coffee, Uganda's principal export, and a consistent
upturn in Uganda's export markets. In 2000, Uganda qualified for
enhanced Highly Indebted Poor Countries (HIPC) debt relief worth
$1.3 billion and Paris Club debt relief worth $145 million. These
amounts combined with the original HIPC debt relief added up to
about $2 billion.
GDP (purchasing power parity):
$29.13 billion (2007 est.)
GDP (official exchange rate):
$11.23 billion (2007 est.)
GDP - real growth rate:
6% (2007 est.)
GDP - per capita (PPP):
$1,000 (2007 est.)
GDP - composition by sector:
agriculture: 30.2%
industry: 24.7%
services: 45.1% (2007 est.)
Labor force:
14.02 million (2007 est.)
Labor force - by occupation:
agriculture: 82%
industry: 5%
services: 13% (1999 est.)
Unemployment rate:
NA%
Population below poverty line:
35% (2001 est.)
Household income or consumption by percentage share:
lowest 10%: 2.3%
highest 10%: 37.7% (2002)
Distribution of family income - Gini index:
45.7 (2002)
Investment (gross fixed):
25.4% of GDP (2007 est.)
Budget:
revenues: $2.211 billion
expenditures: $2.443 billion; including capital expenditures of $NA
(2007 est.)
Fiscal year:
1 July - 30 June
Public debt:
20.6% of GDP (2007 est.)
Inflation rate (consumer prices):
6.1% (2007 est.)
Central bank discount rate:
14.68% (31 December 2007)
Commercial bank prime lending rate:
19.11% (31 December 2007)
Stock of money:
$1.363 billion (31 December 2007)
Stock of quasi money:
$1.302 billion (31 December 2007)
Stock of domestic credit:
$
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