Uganda Inflation Rate 1994-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Uganda inflation rate for 2023 was 5.35%, a 1.84% decline from 2022.
  • Uganda inflation rate for 2022 was 7.20%, a 4.99% increase from 2021.
  • Uganda inflation rate for 2021 was 2.20%, a 1.11% decline from 2020.
  • Uganda inflation rate for 2020 was 3.31%, a 0.45% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sierra Leone 47.64%
Haiti 36.81%
Ethiopia 30.22%
Malawi 28.79%
Burundi 26.94%
Rwanda 19.79%
Gambia 16.97%
Chad 10.84%
Madagascar 9.87%
Guinea 7.81%
Mozambique 7.13%
Nepal 7.11%
Uganda 5.35%
Tanzania 3.80%
Niger 3.70%
Central African Republic 2.98%
Benin 2.73%
South Sudan 2.38%
Mali 2.06%
Burkina Faso 0.74%
Uganda Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 5.35% -1.84%
2022 7.20% 4.99%
2021 2.20% -1.11%
2020 3.31% 0.45%
2019 2.87% 0.25%
2018 2.62% -2.59%
2017 5.21% -0.50%
2016 5.71% 0.12%
2015 5.59% 2.51%
2014 3.08% -1.83%
2013 4.91% -7.77%
2012 12.68% -3.89%
2011 16.56% 12.59%
2010 3.98% -9.04%
2009 13.02% 0.97%
2008 12.05% 5.91%
2007 6.14% -1.17%
2006 7.31% -1.14%
2005 8.45% 4.73%
2004 3.72% -4.96%
2003 8.68% 8.97%
2002 -0.29% -2.15%
2001 1.87% -1.53%
2000 3.39% -2.39%
1999 5.78% 5.71%
1998 0.07% -8.10%
1997 8.17% 0.98%
1996 7.19% 0.64%
1995 6.55% -3.49%
1994 10.04% -3.49%