---
title: "Uganda Business Confidence Hits 16-Month Low"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274919328.md"
description: "Uganda's Business Tendency Index fell to 55 in January 2026, the lowest since September 2024, down from a revised 56.4 in December. Key sub-indices showed declines in present business situation, current employment, financial situation, access to credit, and order books. However, there were improvements in expected business conditions and order volumes. Confidence decreased in sectors like construction, manufacturing, agriculture, and financial services, while wholesale trade saw a slight increase."
datetime: "2026-02-05T05:45:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274919328.md)
  - [en](https://longbridge.com/en/news/274919328.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274919328.md)
---

# Uganda Business Confidence Hits 16-Month Low

The Business Tendency Index in Uganda dropped to 55 in January 2026 from a downwardly revised 56.4 in the previous month.

This marked the lowest reading since September 2024, amid declines in sub-indices for present business situation (51.3 vs 53.1 in December), current employment (48.2 vs 50.3), financial situation (51.4 vs 53.1), access to credit (40.2 vs 42.7), and order books (52.9 vs 55.9).

On the other hand, improvements were seen in business situation over the next three months (62.2 vs 60.7), order volumes with suppliers (61.5 vs 60.6), and expected employment (54.7 vs 54.5).

Among sectors, confidence fell in construction (44.7 vs 47.8), manufacturing (56.8 vs 57.9), agriculture (53 vs 55.2), other services (57.2 vs 57.8), and financial services (70.1 vs 77.1), while increased in wholesale trade (52.3 vs 51.8).

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