The overall aim of Government at the microlevel of the economy is to integrate all sectors and populations into the monetized economy. The main indicator in this regard is the share of households remaining in the subsistence economy. Over the NDPIII period, (2020 to 2025), households in the subsistence economy declined by 6 percentage points, from 39 to 33 percent. Over the same period, per capita income increased by over USD300 (from USD957 to USD1,360). Based on projections for 2025, the rise in Uganda's GDP per capita is expected to be driven by the commencement of oil production, growth in key sectors like agriculture and services, and strategic government investments in industrialization, tourism, and technology. Noteworthy, is the widening gap between labour productivity and GDP per capita, hence, the case for continued public investment in Human Capital Development (HCD); and Science, Technology and Innovation (STI).
Trends of Uganda’s Per-capita income and Labour productivity 2016-2025
