| Category | Uganda | Tanzania |
|---|
| 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 classification | Low-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 exports | Coffee, tea, fish, gold, oil (future), maize, dairy | Gold, cashew nuts, coffee, cotton, tobacco, tourism services |
| Natural resources | Oil (Albertine Graben), copper, cobalt, limestone, gold, fertile land, hydropower potential | Gold, diamonds, tanzanite, natural gas, coal, nickel, iron ore, fertile land |
| Energy potential | Hydropower (Nile), oil production expected 2025–2026 | Natural gas (Mnazi Bay, Songo Songo), hydro, coal |
| Tourism resources | Gorilla tracking, national parks (Bwindi, Queen Elizabeth), Lake Victoria | Serengeti, Kilimanjaro, Zanzibar, Ngorongoro, Lake Victoria |
| Currency | Ugandan Shilling (UGX) | Tanzanian Shilling (TZS) |
| Inflation (2024) | ~3.2 % | ~3.8 % |
| Public debt (% of GDP) | ~48 % | ~45 % |
| Key upcoming projects | East African Crude Oil Pipeline (EACOP), oil refinery, agro-industrial parks | LNG export terminal, Standard Gauge Railway, industrialisation zones |
| Main trading partners | Kenya, China, South Sudan, EU, UAE | China, India, UAE, Kenya, EU |
| World Bank Doing Business Rank (pre-2020) | 116th | 141st |
| Economic outlook (2025–2030) | Expected to accelerate to ~7% with oil revenue | Steady at ~5–6%, driven by industrialisation & services |