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World/Forecast/Uganda

Forecast

Uganda — macro forecast

Forward projections from the prediction engine — baseline plus an optimistic/pessimistic band and a confidence interval, per macro indicator. These are PROJECTIONS, not observations: generated from observed history, never a guarantee. A country we hold no projections for is shown honestly.

How to read this:Observeda real measured value from a named source.Derivedcomputed by Predictonomy from observed series using a reproducible method.AI readan AI interpretation of already-computed figures. Opinion, not a new data point.

Forecast

Forward projections

Need it as JSON? GET /api/v1/forecast/country/{iso3}.

Forecast heldDerivedledger 51018ed
Real GDP growth — 2026 baseline projection
6.83

Uganda: forward projections across 15 macro indicators, horizons 2025, 2026, 2027, 2028, 2029, 2030, 2034, 2035. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.

Current account balance to GDP

Below naive baseline · -6%

Nowcast

Where the data already points

Each indicator nowcast from its strongest leading series — inferable from observations already in hand.

Leading-indicator nowcastDerived

For each indicator, Uganda's strongest leading series is fit by ordinary least squares over their shared observed history, then the leader's already-observed recent values project the target — so the next year or two is inferable from data already in hand. These are nowcasts from a leading correlation: correlation, not causation, and not a guaranteed forecast.

GDP (current US$)

high confidence

Led by Current account / GDP by 1 year (it moves inversely tothe target; r = -0.805 over 45 obs).

YearNowcastImplied by Current account / GDP in
202624bn2025 (-5.1)

Latest observed-7.3(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
2026-5.01-1.84-8.19-5.74 – -4.28
2028-4.840.66-10.34-6.19 – -3.48
2030-4.672.44-11.77-6.49 – -2.84
2035-4.235.81-14.27-6.96 – -1.5

Blended 1-yr-ahead-7.3· skill-weighted across models

Track record±2.29typical miss · 1 realized · 31% MAPE

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Exports of goods and services

Weak track record · +1%

Latest observed21.44(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202621.7728.1216.2620.51 – 23.02
202822.4233.4312.8819.77 – 25.07
203023.0837.2910.7619.2 – 26.95
203524.7144.827.2917.89 – 31.54

Blended 1-yr-ahead21.06· skill-weighted across models

Track record±5.06typical miss · 1 realized · 24% MAPE

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Gross domestic product, current US dollars

Moderate track record · +20%

Latest observed62bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202665.8bn69.9bn62.3bn63.8bn – 67.8bn
202875.5bn82.5bn69.4bn69.9bn – 81.1bn
203085.2bn94.3bn77.4bn75.6bn – 94.9bn
2035109.5bn122.4bn98.4bn86.8bn – 132.2bn

Blended 1-yr-ahead77.3bn· skill-weighted across models

Track record±6.4bntypical miss · 1 realized · 9% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Real GDP growth

Below naive baseline · -12%

Latest observed6.33(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20266.837.356.376.61 – 7.04
20287.998.917.27.4 – 8.58
20309.1510.348.138.12 – 10.19
2035121210.559.51 – 12

Blended 1-yr-ahead6.49· skill-weighted across models

Track record±0.63typical miss · 1 realized · 10% MAPE

Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%

GDP per capita, current US dollars

Weak track record · +2%

Latest observed1.2k(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20261.3k1.3k1.2k1.2k – 1.3k
20281.4k1.5k1.3k1.3k – 1.5k
20301.5k1.7k1.4k1.4k – 1.7k
20351.9k2.1k1.7k1.5k – 2.3k

Blended 1-yr-ahead1.5k· skill-weighted across models

Track record±192.93typical miss · 1 realized · 13% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

General government debt to GDP

Below naive baseline · -4%

Latest observed55.1(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
202655.8760.4550.5954.14 – 57.6
202861.2169.1452.0656.68 – 65.74
203066.5576.7954.7459 – 74.11
203579.9194.3963.263.33 – 96.48

Blended 1-yr-ahead56.45· skill-weighted across models

Track record±0.77typical miss · 1 realized · 1% MAPE

Method: linear_trend; lookback 10y; horizon 1y; confidence 80%

Imports of goods and services

Weak track record · +4%

Latest observed28.76(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202629.5434.824.2928.26 – 30.82
202831.1140.212228.22 – 33.99
203032.6744.4220.9228.26 – 37.08
203536.5853.219.9628.18 – 44.98

Blended 1-yr-ahead28.34· skill-weighted across models

Track record±2.32typical miss · 1 realized · 8% MAPE

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Consumer price inflation

Moderate track record · +27%

Latest observed3.58(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20263.889.15-1.772.65 – 5.11
20284.2413.37-52.01 – 6.47
20304.616.39-51.62 – 7.58
20355.522.17-50.93 – 10.08

Blended 1-yr-ahead4.36· skill-weighted across models

Track record±0.32typical miss · 1 realized · 8% MAPE

Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%

Gross fixed capital formation to GDP

Below naive baseline · 0%

Latest observed21.86(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202621.4723.2219.9520.81 – 22.14
202820.5423.5717.9119.02 – 22.05
203019.623.5216.2117.38 – 21.83
203517.2622.812.4613.68 – 20.84

Blended 1-yr-ahead21.62· skill-weighted across models

Track record±0.61typical miss · 1 realized · 3% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Total population

Strong track record · +79%

Latest observed51.4m(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202651m53.4m48.8m49.4m – 52.6m
202852.5m55m50.2m48.6m – 56.4m
203054m56.6m51.7m47.9m – 60.2m
203557.8m60.5m55.3m45.8m – 69.8m

Blended 1-yr-ahead50.8m· skill-weighted across models

Track record±1.3mtypical miss · 1 realized · 3% MAPE

Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%

Productivity growth

Below naive baseline · -1%

Latest observed2.65(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20263.486.111.513.09 – 3.86
20285.510.052.094.67 – 6.33
20307.5213.393.126.18 – 8.86
203512.57156.349.52 – 15

Blended 1-yr-ahead3.2· skill-weighted across models

Track record±0.95typical miss · 1 realized · 36% MAPE

Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%

Total reserves (excluding gold)

Below naive baseline · -4%

Latest observed3.5bn(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20253.3bn4.4bn2.1bn3bn – 3.5bn
20272.8bn4.8bn782.5m2.4bn – 3.2bn
20292.3bn4.9bn01.7bn – 2.9bn
20341.2bn4.8bn0410.2m – 1.9bn

Blended 1-yr-ahead3.4bn· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Reserves in months of imports

Weak track record · +4%

Latest observed2.35(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20252.894.471.312.6 – 3.18
20273.546.280.82.95 – 4.13
20293.867.390.323.01 – 4.71
20344.119.1102.69 – 5.54

Blended 1-yr-ahead2.07· skill-weighted across models

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

Total reserves (including gold)

Below naive baseline · -4%

Latest observed3.5bn(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20253.3bn4.4bn2.1bn3bn – 3.5bn
20272.8bn4.8bn782.5m2.4bn – 3.2bn
20292.3bn4.9bn01.7bn – 2.9bn
20341.2bn4.8bn0410.2m – 1.9bn

Blended 1-yr-ahead3.4bn· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Unemployment rate

Weak track record · +8%

Latest observed2.75(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.532.952.112.43 – 2.64
20282.12.831.371.89 – 2.31
20301.672.610.731.39 – 1.95
20350.61.9300.23 – 0.96

Blended 1-yr-ahead2.79· skill-weighted across models

Method: linear_trend; lookback 6y; horizon 1y; confidence 80%

Reliability badges show each indicator's best model skill— how much it beats a naive last-value forecast, measured out-of-sample on that series' own observed history (backtested one-step-ahead). A track record, not a guarantee of future accuracy.

Generated by the prediction engine (model prediction-engine-v1) on 2026-10-31 from observed history. Projections, not observations — never a guarantee of future values.

Machine-readable: GET /api/v1/forecast/country/UGA · Country page → · Full brief → · API docs

Fit: GDP (current US$) ≈ -767401528.768 + -4862838059.4181·Current account / GDP. Correlation, not causation.

Current account / GDP

high confidence

Led by GDP (current US$) by 1 year (it moves inversely tothe target; r = -0.774 over 46 obs).

YearNowcastImplied by GDP (current US$) in
2026-10.162025 (62bn)

Fit: Current account / GDP ≈ -1.5809 + 0·GDP (current US$). Correlation, not causation.

CPI inflation

moderate confidence

Led by Real GDP growth by 2 years (it moves inversely tothe target; r = -0.624 over 44 obs).

YearNowcastImplied by Real GDP growth in
202624.322024 (6.06)
202721.392025 (6.33)

Fit: CPI inflation ≈ 88.4511 + -10.5911·Real GDP growth. Correlation, not causation.

Govt debt / GDP

low confidence

Led by CPI inflation by 1 year (it moves inversely tothe target; r = -0.598 over 29 obs).

YearNowcastImplied by CPI inflation in
202642.242025 (3.58)

Fit: Govt debt / GDP ≈ 49.8258 + -2.1176·CPI inflation. Correlation, not causation.

Machine-readable: GET /api/v1/nowcast/country/UGA?indicator= · API docs