Uganda—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #158 of 192Updated August 2026
Latest Value
-4.6%
2031
YoY Change
+0.0%
2030 → 2031
Global Rank
#158
of 192 countries
Maximum
0.3%
2004
Minimum
-7.8%
2020
Last
-4.6%
Previous
-4.6%
Highest
0.3%
Lowest
-7.8%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Uganda's fiscal balance (% of GDP) was -5.9% in 2026, ranking #158 out of 192 countries. This represents a +0.0% change from 2030. Over the past 27 years, the highest recorded value was 0.3% (2004) and the lowest was -7.8% (2020). The IMF WEO projects -4.6% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | -4.6% | +0.0% |
| 2030 | -4.6% | +11.5% |
| 2029 | -5.2% | -13.0% |
| 2028 | -4.6% | +6.1% |
| 2027 | -4.9% | +16.9% |
| 2026 | -5.9% | +16.9% |
| 2025 | -7.1% | -82.1% |
| 2024 | -3.9% | +20.4% |
| 2023 | -4.9% | +9.3% |
| 2022 | -5.4% | +30.8% |
| 2021 | -7.8% | +0.0% |
| 2020 | -7.8% | -62.5% |
| 2019 | -4.8% | -60.0% |
| 2018 | -3.0% | +21.1% |
| 2017 | -3.8% | -46.2% |
| 2016 | -2.6% | +0.0% |
| 2015 | -2.6% | +3.7% |
| 2014 | -2.7% | +15.6% |
| 2013 | -3.2% | -33.3% |
| 2012 | -2.4% | -20.0% |
| 2011 | -2.0% | +56.5% |
| 2010 | -4.6% | -187.5% |
| 2009 | -1.6% | +20.0% |
| 2008 | -2.0% | -150.0% |
| 2007 | -0.8% | -33.3% |
| 2006 | -0.6% | -200.0% |
| 2005 | -0.2% | -166.7% |
| 2004 | 0.3% | +130.0% |
| 2003 | -1.0% | +52.4% |
| 2002 | -2.1% | -110.0% |
| 2001 | -1.0% | -66.7% |
| 2000 | -0.6% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -5.9% | +16.9% |
| 2027Forecast | -4.9% | +16.9% |
| 2028Forecast | -4.6% | +6.1% |
| 2029Forecast | -5.2% | -13.0% |
| 2030Forecast | -4.6% | +11.5% |
| 2031Forecast | -4.6% | +0.0% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Lesotho | 4.2% | 2026 |
| 7 | Macao SAR, China | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP