Uganda Oil production Uganda Electricity production

Uganda 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 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. corruption within the government and slippage in the government's determination to press reforms raise doubts about the continuation of strong growth. 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. growth for 2001-02 was solid despite continued decline in the price of coffee. uganda's principal export. growth in 2003-05 reflected an upturn in uganda's export markets.

GDP (purchasing power parity) : $45.97 billion (2005 est.)

Inflation rate: 9.7% (2005 est.)

Labor force : 13.17 million (2005 est.)

Industries: sugar. brewing. tobacco. cotton textiles. cement. steel production

Uganda

			Over view
			Geography
			People
			Government
			Economy
			Communications
			Transportation
			Militry

Uganda More Facts

Electricity - production: 1.729 billion kwh (2003)

Oil - production: 0 bbl/day (2003 est.)

Uganda More Facts

Exports: $768 million f.o.b. (2005 est.)

Imports : $1.608 billion f.o.b. (2005 est.)
Currency (code) : ugandan shilling (ugx)