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GDP of EAC countries 2025

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Uganda vs 🇹🇿 Tanzania: GDP and Resource Comparison


CategoryUgandaTanzania
GDP (nominal, 2024)≈ USD 53 billion≈ USD 78.8 billion
GDP per capita (nominal)≈ USD 1,230≈ USD 1,180
GDP growth rate (2024)≈ 6.1 %≈ 5.2 %
Economic classificationLow-income (transitioning to lower-middle)Lower-middle-income
Main economic sectors (share of GDP)Agriculture ~24 %, Industry ~21 %, Services ~55 %Agriculture ~25 %, Industry ~30 %, Services ~45 %
Employment share in agriculture~72 % of labour force~65 % of labour force
Major exportsCoffee, tea, fish, gold, oil (future), maize, dairyGold, cashew nuts, coffee, cotton, tobacco, tourism services
Natural resourcesOil (Albertine Graben), copper, cobalt, limestone, gold, fertile land, hydropower potentialGold, diamonds, tanzanite, natural gas, coal, nickel, iron ore, fertile land
Energy potentialHydropower (Nile), oil production expected 2025–2026Natural gas (Mnazi Bay, Songo Songo), hydro, coal
Tourism resourcesGorilla tracking, national parks (Bwindi, Queen Elizabeth), Lake VictoriaSerengeti, Kilimanjaro, Zanzibar, Ngorongoro, Lake Victoria
CurrencyUgandan Shilling (UGX)Tanzanian Shilling (TZS)
Inflation (2024)~3.2 %~3.8 %
Public debt (% of GDP)~48 %~45 %
Key upcoming projectsEast African Crude Oil Pipeline (EACOP), oil refinery, agro-industrial parksLNG export terminal, Standard Gauge Railway, industrialisation zones
Main trading partnersKenya, China, South Sudan, EU, UAEChina, India, UAE, Kenya, EU
World Bank Doing Business Rank (pre-2020)116th141st
Economic outlook (2025–2030)Expected to accelerate to ~7% with oil revenueSteady at ~5–6%, driven by industrialisation & services
 

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