The average inflation rate in Uganda was forecast to increase between 2024 and 2029 by in total 1.2 percentage points. This overall increase does not happen continuously, notably not in 2027. The inflation is estimated to amount to five percent in 2029. Following the definitions provided by the International Monetary Fund, this indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. Depicted here is the year-on-year change in said index measure, expressed in percent.
Find more key insights for the average inflation rate in countries like Zimbabwe, Ethiopia and Madagascar.
Uganda: Inflation rate from 1989 to 2029
(compared to the previous year)
Characteristic
Inflation rate compared to previous year
2029*
5%
2028*
5%
2027*
5%
2026*
5.04%
2025*
4.87%
2024*
3.81%
2023
5.35%
2022
7.19%
2021
2.21%
2020
2.76%
2019
2.14%
2018
2.55%
2017
5.58%
2016
5.17%
2015
3.69%
2014
4.29%
2013
5.47%
2012
14.01%
2011
18.66%
2010
3.98%
2009
13.02%
2008
12.04%
2007
6.09%
2006
7.22%
2005
8.6%
2004
3.67%
2003
8.71%
2002
-0.3%
2001
1.92%
2000
3.38%
1999
5.76%
1998
5.83%
1997
7.73%
1996
7.52%
1995
6.79%
1994
5.85%
1993
29.97%
1992
42.25%
1991
20.82%
1990
45.4%
1989
130.8%
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IMF. (April 22, 2024). Uganda: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved July 08, 2024, from https://www.statista.com/statistics/447810/inflation-rate-in-uganda/
IMF. "Uganda: Inflation rate from 1989 to 2029 (compared to the previous year)." Chart. April 22, 2024. Statista. Accessed July 08, 2024. https://www.statista.com/statistics/447810/inflation-rate-in-uganda/
IMF. (2024). Uganda: Inflation rate from 1989 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: July 08, 2024. https://www.statista.com/statistics/447810/inflation-rate-in-uganda/
IMF. "Uganda: Inflation Rate from 1989 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/447810/inflation-rate-in-uganda/
IMF, Uganda: Inflation rate from 1989 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/447810/inflation-rate-in-uganda/ (last visited July 08, 2024)
Uganda: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/447810/inflation-rate-in-uganda/