economy 17 April 2026 Daily Monitor (Uganda)
IMF Ranks Uganda as Sub-Saharan Africa's Second Fastest-Growing Economy
According to the IMF, Uganda is the second fastest-growing economy in Sub-Saharan Africa, trailing only Ethiopia which is projected to lead the region. The report underscores Uganda's robust economic performance amid regional competition. Source: https://www.monitor.co.ug/uganda/news/national/uganda-ranked-second-fastest-growing-economy-in-sub-saharan-africa-imf-5426842
The International Monetary Fund (IMF) has ranked Uganda as the second fastest-growing economy in Sub-Saharan Africa. This positions the country just behind Ethiopia, expected to top the region’s growth charts.
The latest IMF report highlights Uganda’s strong economic momentum, reflecting positive developments in key sectors. This ranking signals optimism for Uganda’s economic trajectory despite global challenges.
Details from the assessment emphasize Ethiopia’s lead, with Uganda closely following in pace.