Publication:
Uganda Economic Update 21st Edition: Leveraging Sustainable Tourism to Support Growth & Diversification

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dc.contributor.authorWorld Bank
dc.date.accessioned2023-12-18T18:12:17Z
dc.date.available2023-12-18T18:12:17Z
dc.date.issued2023-12-18
dc.description.abstractEconomic activity in Uganda is accelerating despite commodity-price inflation, global monetary tightening, international supply-chain bottlenecks, and a local Ebola outbreak. Real GDP growth is estimated to reach 5.7 percent in FY22/23, albeit still below the pre-COVID-19 projection of 6.5 percent. Growth has been supported by a robust post-pandemic recovery in the services sector, bolstered by the rapid growth of information and communications technology. Real estate and construction also performed well, while agriculture suffered from droughts in some regions and heavy rains in others, as well as rising input costs. The recovery of income and employment bolstered demand, while private investment overcame tight domestic and global financial conditions to sustain increases in new exports and manufacturing orders into the third quarter of FY22/23. As growth accelerated, Uganda’s per capita income increased to about US$930 for FY21/22, edging closer to the lower-middle-income threshold.en
dc.identifierhttp://documents.worldbank.org/curated/en/099062923142073868/P1798400477bf70370ba9509b80e44f53aa
dc.identifier.doi10.1596/40750
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40750
dc.languageEnglish
dc.language.isoen
dc.publisherWashington, DC
dc.relation.ispartofseriesUganda Economic Update; 21st edition
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectECONOMIC OUTLOOK
dc.subjectRECENT ECONOMIC DEVELOPMENTS
dc.subjectTOURISM AND JOBS
dc.subjectJOB MARKET DIVERSIFICATION
dc.subjectCOVID-19 ECONOMIC RECOVERY
dc.subjectGDP GROWTH
dc.titleUganda Economic Update 21st Editionen
dc.title.subtitleLeveraging Sustainable Tourism to Support Growth & Diversificationen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleUganda Economic Update 21st Edition: Leveraging Sustainable Tourism to Support Growth & Diversification
okr.date.disclosure2023-06-29
okr.date.lastmodified2023-07-03T00:00:00Zen
okr.doctypeReport
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099062923142073868/P1798400477bf70370ba9509b80e44f53aa
okr.guid099062923142073868
okr.identifier.docmidP179840-477bf706-6bc5-4337-ba95-9b80e44f53aa
okr.identifier.doihttp://dx.doi.org/10.1596/40750
okr.identifier.externaldocumentum34106153
okr.identifier.internaldocumentum34106153
okr.identifier.report183557
okr.import.id2589
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099062923142073868/pdf/P1798400477bf70370ba9509b80e44f53aa.pdfen
okr.region.administrativeEastern and Southern Africa
okr.region.countryUganda
okr.sectorTourism,Central Government (Central Agencies),Trade
okr.themeInclusive Growth,Job Creation,Trade Facilitation,Economic Policy,Economic Growth and Planning,Regional Integration,Private Sector Development,Monetary and Credit Policies,Jobs,Trade,Macroeconomic & Structural Policy Modelling,Macro-financial policies,Structural Transformation and Economic Diversification
okr.topicPoverty Reduction::Poverty Monitoring & Analysis
okr.topicIndustry::Accommodation & Tourism Industry
okr.topicPoverty Reduction::Employment and Shared Growth
okr.topicEnvironment::Tourism and Ecotourism
okr.unitEFI-AFR1-MTI-MacroFiscal-1 (EAEM1)
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