ince 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 1990-98, 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. Continuation of this
performance, while possible, appears difficult because of Ugandan
involvement in the war in the Democratic Republic of the Congo,
growing corruption within the government, and slippage in the
government's determination to press reforms.
GDP: purchasing power parity--$22.7 billion (1998 est.)
GDP--real growth rate: 5.5% (1998 est.)
GDP--per capita: purchasing power parity?$1,020 (1998 est.)
GDP--composition by sector:
agriculture: 44%
industry: 17%
services: 39% (1997 est.)
Population below poverty line: 55% (1993 est.)
Household income or consumption by percentage share:
lowest 10%: 3%
highest 10%: 33.4% (1992)
Inflation rate (consumer prices): 2.6% (1998)
Labor force: 8.361 million (1993 est.)
Labor force--by occupation: agriculture 86%, industry 4%, services
10% (1980 est.)
Unemployment rate: NA%
Budget:
revenues: $869 million
expenditures: $985 million, including capital expenditures of $69
million (FY95/96)
Industries: sugar, brewing, tobacco, cotton textiles, cement
Industrial production growth rate: 19.7% (FY95/96)
Electricity--production: 787 million kWh (1996)
Electricity--production by source:
fossil fuel: 0.89%
hydro: 99.11%
nuclear: 0%
other: 0% (1996)
Electricity--consumption: 677 million kWh (1996)
Electricity--exports: 110 million kWh (1996)
Electricity--imports: 0 kWh (1996)
Agriculture--products: coffee, tea, cotton, tobacco, cassava
(tapioca), potatoes, corn, millet, pulses; beef, goat meat, milk,
poultry
Exports: $476 million (f.o.b., 1998)
Exports--commodities: coffee 54%, gold, fish and fish products,
cotton, tea, corn (1997)
Exports--partners: Spain 14%, Germany 14%, Netherlands 10%, Fran
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