he national symbol) facing
the hoist side

Economy

Economy - overview: Uganda has substantial natural resources,
including fertile soils, regular rainfall, and sizable mineral
deposits of copper and cobalt. Agriculture is the most important
sector of the economy, employing over 80% of the work force. Coffee is
the major export crop and 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. In
1990-94, the economy turned in a solid performance based on continued
investment in the rehabilitation of infrastructure, improved
incentives for production and exports, and gradually improving
domestic security. The economy again prospered in 1995 with rapid
growth, low inflation, growing foreign investment, a trimmed
bureaucracy, and the continued return of exiled Indian-Ugandan
entrepreneurs.

GDP: purchasing power parity - $16.8 billion (1995 est.)

GDP - real growth rate: 7.1% (1995 est.)

GDP - per capita: purchasing power parity - $900 (1995 est.)

GDP - composition by sector:
agriculture: 55%
industry : 12%
services: 33% (1995)

Inflation rate - consumer price index: 7.3% (1996 est.)

Labor force:
total: 8.361 million (1993 est.)
by occupation: agriculture 86%, industry 4%, services 10% (1980 est.)

Unemployment rate: NA%

Budget:
revenues: $766.5 million
expenditures : $894.3 million, including capital expenditures of $NA
(FY94/95 est.)

Industries: sugar, brewing, tobacco, cotton textiles, cement

Industrial production growth rate: 15% (1994)

Electricity - capacity: 155,000 kW (1995)

Electricity - production: 611 million kWh (1995)

Electricity - consumption per capita: 31 kWh (1995 est.)

Agriculture - products: coffee, tea, cotton, tobacco, cassava
(tapioca), potatoes, corn, millet, pulses; beef, goat meat, milk,
poultry

Exports:
total value: $555 million (f.o.b., FY94/95)
commodities : gold, cotton, coffee, tea, corn, fish
partners: Spain 23%, France 14%, Germany 14%, Italy 10%, Netherlands
8%

Imports:
total value: $1.18 billion (c.i.f., FY94/95)
commodities: petroleum products, machinery, metals,