Country profile · Sovereign risk

Uganda

East Africa·UGA·UGX·16 Oct 2026
RicherFin rating
Proprietary analytical opinion
Currency
UGX
Public projects
35
Published public projects
Reference data
2024–2025
Macroeconomic periods

Ratings & sovereign risk

RicherFin Ratings

The analysis behind the rating.

The RicherFin file presents risk drivers, their sources and limitations, separately from agency ratings.

Agency ratings and outlooks
AgencyRatingOutlook
FitchBStable
Moody'sB3Stable
S&PB-Positive

Sources and reference dates are listed below.

Economic indicators

Each indicator retains its period
IndicatorValuePeriod
Real GDP growth6.3%2025
Central government debt / GDP54.4%2024
Current account / GDP-7.8%2024
Inflation3.6%2025
GDP per capitaUSD 1,2062025
Trade openness50.2%2025

Access the markets

Existing RicherFin pages

Equities

11 instruments
TickerCompanyLatest1M
AIRTEL.UGAIRTEL UGANDA LIMITED198 UGX+8.15%
MTNU.UGMTN UGANDA455 UGX+2.94%
SBU.UGStanbic Uganda Holdings Limited112 UGX+10.93%
BATU.UGBritish American Tobacco Uganda11500 UGX0.00%
BOBU.UGBank of Baroda Uganda110 UGX+33.74%
View more companies · USE

Public projects & infrastructure

35 projects →
Electricity Access Scale-up Project (EASP)Other infrastructure · ActivePreview→Generating Growth Opportunities and Productivity for Women Enterprises ProjectPorts and logistics · ActivePreview→Institutional Capacity Building for Protected Areas Management and Sustainable Use ProjectOther infrastructure · ActivePreview→Integrated Water Management and Development ProjectWater and sanitation · ActivePreview→

Sources & data scope

Economic indicator sources

Real GDP growth · 2025 · World Bank · Primary source →

Central government debt / GDP · 2024 · World Bank · Primary source →

Current account / GDP · 2024 · World Bank · Primary source →

Inflation · 2025 · World Bank · Primary source →

GDP per capita · 2025 · World Bank · Primary source →

Trade openness · 2025 · World Bank · Primary source →

RicherFin and agency ratings

The RicherFin opinion is distinct from agency ratings. A dash indicates an unavailable value.

Fitch · B · · Source →

Moody's · B3 · · Source →

S&P · B- · · Source →

Institutional sovereign report