Uganda's terms of trade adjustment (constant LCU) was -5.1 trillion in 2025, the latest year in the World Bank's World Development Indicators. That is down 385.5% from -1.05 trillion in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -5.1 trillion | 2025 |
| Five years earlier | -2.16 trillion | 2020 |
| Ten years earlier | -1.05 trillion | 2015 |
| Highest | 1.51 trillion | 1985 |
| Lowest | -5.1 trillion | 2025 |
| Average since 2016 | -2.12 trillion | 2016–2025 |
| First recorded | 351.64 billion |
What the numbers say
In 2025, Uganda's terms of trade adjustment (constant LCU) fell 185.17 billion on 2024 (from -4.92 trillion to -5.1 trillion).
Across the 30 yearly changes before that (1995 to 2024), the average change was −169.02 billion and a typical year strayed about 1.18 trillion from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 2.07 trillion in 2019 and the biggest yearly fall was 3.17 trillion in 2018. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about 482.04 billion a year. A straight line explains 62% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Uganda had the 124th highest value of the 128 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Uganda in the 2025 ranking
- Uzbekistan — 121st of 128: -2.29 trillion
- Somalia, Fed. Rep. — 122nd of 128: -2.33 trillion
- Guinea — 123rd of 128: -3.94 trillion
- Congo, Dem. Rep. — 125th of 128: -5.34 trillion
- Korea, Rep. — 126th of 128: -41.6 trillion
- Indonesia — 127th of 128: -312.72 trillion
What this measures
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 44 values
| Year | Terms of trade adjustment (constant LCU) |
|---|---|
| 2025 | -5,100,625,219,988 |
| 2024 | -4,915,458,804,795 |
| 2023 | -1,937,475,685,010 |
| 2022 | -1,336,003,744,515 |
| 2021 | -1,976,778,167,370 |
| 2020 | -2,162,531,848,753 |
| 2019 | -1,092,236,173,067 |
| 2018 | -3,166,514,642,348 |
| 2017 | 4,391,000 |
| 2016 | 535,851,186,557 |
Terms of trade adjustment (constant LCU) in nearby economies
- Angola — 2.49 trillion (2024)
- Benin — -92.22 billion (2025)
- Botswana — -27.67 billion (2025)
- Burkina Faso — 2.23 trillion (2025)
- Cabo Verde — 11.67 billion (2025)
- Cameroon — 166.52 billion (2025)
- Central African Republic — -872.72 million (2025)
- Chad — 748.12 billion (2025)
- Comoros — -1.26 billion (2025)
- Congo, Dem. Rep. — -5.34 trillion (2025)
More economic policy & debt data for Uganda
- Exports of goods and services (current US$) — US$13.29 billion (2025)
- Exports of goods and services (current LCU) — 48.86 trillion (2025)
- Exports of goods and services (% of GDP) — 21.44% (2025)
- Gross capital formation (current US$) — US$14.04 billion (2025)
- Gross capital formation (current LCU) — 51.61 trillion (2025)
- Gross capital formation (% of GDP) — 22.65% (2025)
- Imports of goods and services (current US$) — US$17.83 billion (2025)
- Imports of goods and services (current LCU) — 65.54 trillion (2025)
- Imports of goods and services (% of GDP) — 28.76% (2025)
- External balance on goods and services (current US$)
Reading data like this
Questions people ask
- What is Uganda's terms of trade adjustment (constant LCU)?
- -5.1 trillion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1982?
- It is down 1,551% from 351.64 billion in 1982. The highest value was 1.51 trillion in 1985 and the lowest -5.1 trillion in 2025.
- How does Uganda rank?
- 124th highest of 128 economies with data for 2025.
- Is the latest change in terms of trade adjustment (constant LCU) unusual for Uganda?
- In 2025, Uganda's terms of trade adjustment (constant LCU) fell 185.17 billion on 2024 (from -4.92 trillion to -5.1 trillion). Across the 30 yearly changes before that (1995 to 2024), the average change was −169.02 billion and a typical year strayed about 1.18 trillion from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.TTF.GNFS.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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