Uganda: Trade (% of GDP)
In , Uganda's Trade (% of GDP) was 42.65.
That's up 27.9% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Uganda ranks #133 globally out of 160 reporting countries. Within Sub-Saharan Africa, it ranks #29 of 39.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 56.26
- Trough
- 31.21
- 1-year change
- +27.9%
- 5-year change
- +8.4%
- +1.6% / yr
- 10-year change
- +18.4%
- +1.7% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 42.6528 | |
| 33.3417 | |
| 34.5053 | |
| 41.7136 | |
| 37.0007 | |
| 39.3611 | |
| 36.6384 | |
| 36.8371 | |
| 31.2094 | |
| 37.6893 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Uganda's Trade (% of GDP) in 2024?
- In 2024, Uganda's Trade (% of GDP) was 42.65, according to World Bank Open Data.
- Is Uganda's Trade (% of GDP) rising or falling?
- Uganda's Trade (% of GDP) rose 27.9% from 2023 to 2024.
- How does Uganda rank globally on Trade (% of GDP)?
- In 2024, Uganda ranked #133 out of 160 countries reporting Trade (% of GDP).
- How does Uganda's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Uganda is below the world average. Within Sub-Saharan Africa, it ranks #29 of 39.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.