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Economy of Tunisia vs Uganda compared: GDP & Debt

Updated on by Georank team

Tunisia has a GDP of $53.4B compared to $53.7B for Uganda, ranking 90/197 and 89/197 by economy size, respectively.

Tunisia has $44.4B in government debt (82.9% of GDP), compared to $27.8B (54% of GDP) in Uganda.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Tunisia
GDP, current $

GDP, constant 2015 $
Uganda
GDP, current $

GDP, constant 2015 $
Year GDP
Tunisia Uganda
Current $ Constant $ Current $ Constant $
1960 - - $423,145,605 -
1961 $866,155,429 $6,137,829,834 $441,667,335 -
1962 $880,027,733 $5,856,098,258 $449,158,233 -
1963 $1,026,737,600 $5,227,504,981 $516,315,231 -
1964 $1,025,866,792 $4,983,069,469 $589,247,687 -
1965 $991,047,619 $4,856,664,333 $884,502,310 -
1966 $1,040,952,381 $5,024,455,670 $925,381,492 -
1967 $1,085,714,286 $5,032,592,900 $967,240,655 -
1968 $1,214,666,667 $5,556,472,162 $1,037,379,252 -
1969 $1,289,904,762 $5,820,283,203 $1,168,556,629 -
1970 $1,439,238,095 $6,092,068,996 $1,259,554,809 -
1971 $1,685,162,272 $6,735,403,513 $1,417,191,656 -
1972 $2,237,556,149 $7,930,447,182 $1,490,970,181 -
1973 $2,730,813,385 $7,878,531,025 $1,701,829,789 -
1974 $3,545,868,575 $8,514,705,256 $2,098,944,967 -
1975 $4,328,965,588 $9,124,026,071 $2,359,555,556 -
1976 $4,508,191,942 $9,842,712,161 $2,447,300,000 -
1977 $5,109,324,009 $10,178,456,507 $2,936,470,588 -
1978 $5,968,460,080 $10,833,997,305 $2,420,260,870 -
1979 $7,188,863,904 $11,545,522,372 $2,139,025,000 -
1980 $8,744,134,354 $12,402,054,611 $1,244,610,000 -
1981 $8,428,445,294 $13,085,912,935 $1,337,300,000 -
1982 $8,133,580,052 $13,021,302,862 $2,177,500,000 $4,983,495,459
1983 $8,350,582,748 $13,630,949,504 $2,240,333,333 $5,269,775,231
1984 $8,254,541,195 $14,414,571,427 $3,615,647,477 $5,251,611,545
1985 $8,410,226,053 $15,228,789,050 $3,519,695,444 $5,077,973,311
1986 $9,017,806,654 $15,008,430,237 $3,923,244,050 $5,097,781,822
1987 $9,696,715,911 $16,014,200,843 $6,269,522,042 $5,299,750,982
1988 $10,096,245,762 $16,025,756,543 $6,508,931,652 $5,737,885,293
1989 $10,101,851,745 $16,305,678,293 $5,276,480,799 $6,102,926,184
1990 $12,290,568,182 $17,601,950,275 $4,304,399,310 $6,498,038,179
1991 $13,074,782,609 $18,289,226,397 $3,321,729,160 $6,858,945,425
1992 $15,496,708,060 $19,716,833,824 $2,857,457,762 $7,093,408,658
1993 $14,608,335,608 $20,148,598,741 $3,220,439,044 $7,684,026,613
1994 $15,633,174,304 $20,789,004,085 $3,990,430,447 $8,176,083,687
1995 $18,030,876,599 $21,277,892,826 $5,755,818,842 $9,118,233,745
1996 $19,587,161,807 $22,798,428,276 $6,044,585,327 $9,945,450,358
1997 $20,746,210,354 $24,038,877,878 $6,269,333,313 $10,452,668,512
1998 $21,802,893,587 $25,188,840,698 $6,584,815,847 $10,965,399,652
1999 $22,943,202,175 $26,713,932,931 $5,998,563,258 $11,848,547,280
2000 $21,473,528,161 $27,972,151,937 $6,193,246,837 $12,220,817,656
2001 $22,065,832,449 $29,034,050,814 $5,840,503,869 $12,854,303,430
2002 $23,141,616,605 $29,418,042,728 $6,178,563,591 $13,976,829,356
2003 $27,453,902,261 $30,801,396,632 $6,606,884,275 $14,881,585,674
2004 $31,183,885,241 $32,722,107,266 $7,939,487,548 $15,894,609,936
2005 $32,272,186,695 $33,862,978,438 $9,239,221,763 $16,901,146,461
2006 $34,376,664,601 $35,638,786,834 $9,977,647,683 $18,723,891,905
2007 $38,915,353,867 $38,029,978,712 $11,902,564,495 $20,299,025,449
2008 $44,859,439,902 $39,641,606,104 $14,440,404,132 $22,066,817,214
2009 $43,455,740,497 $40,848,078,614 $25,127,805,567 $23,567,695,615
2010 $46,206,091,938 $42,061,729,256 $26,673,441,431 $24,896,350,765
2011 $48,123,325,825 $41,200,879,648 $27,871,725,241 $27,234,530,260
2012 $47,311,401,813 $42,938,187,712 $27,305,915,911 $28,279,643,268
2013 $48,685,446,414 $43,981,556,030 $28,915,786,517 $29,294,007,440
2014 $50,271,812,921 $45,340,730,385 $32,612,397,257 $30,789,849,488
2015 $45,779,494,042 $45,779,494,042 $32,387,183,730 $32,387,183,730
2016 $44,360,072,680 $46,291,045,988 $29,203,988,696 $33,935,615,079
2017 $42,163,530,591 $47,326,964,920 $30,744,473,841 $34,998,276,802
2018 $42,686,504,460 $48,569,264,672 $32,927,025,620 $37,204,541,497
2019 $41,905,642,419 $49,340,470,116 $35,353,061,008 $39,600,047,064
2020 $42,491,780,918 $44,893,939,453 $37,600,368,240 $40,768,765,796
2021 $47,073,234,359 $47,020,260,422 $40,529,788,744 $42,210,585,953
2022 $44,948,769,171 $48,277,261,610 $45,565,333,216 $44,147,216,890
2023 $48,196,281,784 $48,296,165,329 $48,768,955,859 $46,503,341,915
2024 $53,409,988,745 $48,948,478,710 $53,651,874,314 $49,356,997,179

Economic indicators

Tunisia Uganda
Gross domestic product
$53.4B
2024
$53.7B
2024
GDP rank
90/197
2024
89/197
2024
GDP growth
10.8%
2023-2024
10%
2023-2024
GDP per capita
$4,350
2024
$1,073
2024
GDP per capita rank
127/197
2024
173/197
2024
GDP per capita, PPP
$14,451
2024
$3,276
2024
Government debt
$44.4B
2024
$27.8B
2024
Debt-to-GDP ratio
82.9%
2025
54%
2025
Government debt per person
$3,617
2024
$556
2024
Government debt per person rank
95/185
2024
162/185
2024
Average annual personal income after taxes
$4,061
2025
$1,648
2025
Market capitalization of domestic companies
$8.3B
2024
n/a
Income share by richest 10%
27%
2021
34.5%
2019
Income share by poorest 10%
3.1%
2021
2.4%
2019
Government expenditure, % of GDP
32.4%
2025
21.4%
2025
Consumer prices inflation
5.9%
2024-2025
3.8%
2024-2025
Central bank interest rate
7.5%
2025
9.75%
2024
Unemployment rate
15.1%
2023
3.42%
2021
Population
12402051
52490669

GDP per capita in Tunisia vs Uganda

Tunisia's GDP per capita is $4,350, ranking 127/197, compared to $1,073 in Uganda, ranking 173/197. Adjusted for purchasing power (GDP per capita PPP), Tunisia ranks 116th at $14,451, while Uganda ranks 175th at $3,276.

Tunisia
GDP per capita

GDP per capita, PPP
Uganda
GDP per capita

GDP per capita, PPP
Year Current $
Tunisia Uganda
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $55.4 -
1961 $200.7 - $56.2 -
1962 $201.4 - $55.5 -
1963 $231.9 - $62 -
1964 $228.5 - $68.6 -
1965 $217.3 - $100 -
1966 $223.8 - $101.4 -
1967 $228 - $102.8 -
1968 $248.9 - $106.9 -
1969 $257.7 - $116.7 -
1970 $280.5 - $122 -
1971 $320 - $133.5 -
1972 $415 - $137 -
1973 $493 - $152.7 -
1974 $624 - $183.7 -
1975 $741 - $201.2 -
1976 $752 - $203.3 -
1977 $830 - $237.6 -
1978 $946 - $190.7 -
1979 $1,113 - $164.5 -
1980 $1,324 - $93.8 -
1981 $1,247 - $98.6 -
1982 $1,177 - $157 -
1983 $1,184 - $157.5 -
1984 $1,143 - $247.5 -
1985 $1,135 - $234.3 -
1986 $1,187 - $253.6 -
1987 $1,245 - $393 -
1988 $1,266 - $395 -
1989 $1,239 - $310 -
1990 $1,476 $3,780 $245 $666
1991 $1,538 $3,975 $183 $703
1992 $1,785 $4,292 $152.1 $719
1993 $1,649 $4,401 $165.6 $770
1994 $1,733 $4,555 $198.4 $809
1995 $1,968 $4,686 $278.5 $897
1996 $2,107 $5,040 $284.7 $969
1997 $2,202 $5,333 $286.8 $1,007
1998 $2,285 $5,579 $292.5 $1,037
1999 $2,376 $5,930 $257.9 $1,100
2000 $2,199 $6,279 $258.1 $1,124
2001 $2,236 $6,593 $236 $1,173
2002 $2,321 $6,715 $242 $1,255
2003 $2,726 $7,098 $250.7 $1,320
2004 $3,067 $7,672 $292.4 $1,405
2005 $3,147 $8,117 $330 $1,497
2006 $3,323 $8,729 $347 $1,660
2007 $3,727 $9,479 $401 $1,795
2008 $4,255 $9,975 $473 $1,931
2009 $4,080 $10,237 $799 $2,015
2010 $4,292 $10,555 $823 $2,092
2011 $4,421 $10,436 $836 $2,268
2012 $4,297 $10,615 $795 $2,032
2013 $4,370 $10,672 $818 $2,045
2014 $4,459 $10,947 $896 $2,134
2015 $4,015 $10,783 $863 $2,190
2016 $3,848 $10,994 $753 $2,165
2017 $3,619 $11,289 $765 $2,158
2018 $3,628 $11,841 $792 $2,312
2019 $3,529 $12,495 $822 $2,441
2020 $3,549 $11,918 $846 $2,532
2021 $3,907 $12,444 $883 $2,685
2022 $3,709 $13,608 $963 $2,919
2023 $3,950 $14,010 $1,002 $3,098
2024 $4,350 $14,451 $1,073 $3,276

Spending and national debt comparison

In 2024, Tunisia's government spending was $18.1B, accounting for 32.4% of its GDP, while Uganda's spent $11B, or 21.4% of GDP.

Debt-to-GDP ratio is 82.9% in Tunisia and 54% in Uganda, ranking 40/185 and 100/185, respectively.

Tunisia
Government spending

Government debt
Uganda
Government spending

Government debt
Year % of GDP
Tunisia Uganda
Government spending Government debt Government spending Government debt
1991 27.6% 63.3% - -
1992 25.7% 62.1% - -
1993 26.7% 63.8% - -
1994 25.9% 63.9% - -
1995 26.6% 65.6% - -
1996 26.7% 66.8% - -
1997 24.5% 66.6% 13.9% 44.2%
1998 24.2% 58.2% 14% 45.1%
1999 24% 61.9% 14.7% 47.7%
2000 24% 62.9% 15.2% 48.5%
2001 24% 52.2% 16.2% 51.4%
2002 24.1% 51.6% 16.8% 54.7%
2003 23.5% 52.6% 16.5% 55.1%
2004 23% 51.6% 15.6% 49%
2005 23% 50% 14.5% 42.6%
2006 22.9% 45.7% 13.7% 27.8%
2007 23.3% 42.7% 13.2% 17%
2008 23.7% 41.4% 12.9% 15.7%
2009 24.6% 40.3% 11.8% 14.8%
2010 24% 38.8% 15.4% 18.4%
2011 27.9% 43.3% 13.2% 18%
2012 28.3% 49% 13.1% 19.5%
2013 30.8% 45.6% 13.3% 22.1%
2014 27.7% 50.7% 13.6% 24.8%
2015 27.4% 52.4% 14.9% 28%
2016 27.2% 58.9% 15.2% 31.3%
2017 28.7% 67.1% 16.3% 33.6%
2018 28.7% 72.9% 16.2% 34.9%
2019 29.5% 67.3% 18.3% 37.5%
2020 34.5% 77.7% 21.4% 46.3%
2021 33.2% 79.7% 21.4% 50.3%
2022 36.5% 82.9% 20.2% 50.2%
2023 35.7% 82.5% 19% 50.2%
2024 33.8% 83.1% 20.5% 51.8%
2025 32.4% 82.9% 21.4% 54%

Government deficit by year

In 2024, Tunisia's government deficit, the difference between spending and revenue, was -$3.16B, equivalent to -5.91% of GDP. This compares to Uganda's deficit of -$3.14B, or -5.85% of GDP.

Over the past 28 years, Tunisia recorded a fiscal deficit in 28 of those years, while Uganda ran a deficit in 27 years. On average, Tunisia posted an annual deficit equal to -4.04% of GDP, compared to deficit of -2.72% of GDP for Uganda.

Deficit/surplus
Tunisia

Uganda
Year Deficit/surplus, % of GDP
Tunisia Uganda
1991 -5.25% -
1992 -3.45% -
1993 -3.22% -
1994 -2.87% -
1995 -4.53% -
1996 -5.18% -
1997 -3.7% -0.83%
1998 -2.84% -0.7%
1999 -3.05% -1.24%
2000 -3.22% -0.62%
2001 -2.87% -0.99%
2002 -2.55% -2.07%
2003 -2.64% -0.97%
2004 -2.1% 0.34%
2005 -2.59% -0.17%
2006 -2.33% -0.64%
2007 -2.47% -0.82%
2008 -0.62% -1.99%
2009 -2.59% -1.61%
2010 -0.46% -4.64%
2011 -3.19% -2.04%
2012 -4.9% -2.39%
2013 -7.05% -3.19%
2014 -3.11% -2.74%
2015 -4.95% -2.59%
2016 -5.87% -2.64%
2017 -5.61% -3.83%
2018 -4.27% -3.02%
2019 -3.6% -4.82%
2020 -9.06% -7.76%
2021 -7.6% -7.44%
2022 -6.91% -5.96%
2023 -7.02% -4.86%
2024 -5.91% -5.85%
2025 -5.43% -6.7%

Inflation comparison by year

Over the past 30 years, Tunisia has recorded an average annual inflation rate of 4.54%, compared with 6.05% in Uganda. In 2025, inflation was 5.9% in Tunisia and 3.8% in Uganda.

Inflation
Tunisia

Uganda
Year Inflation
Tunisia Uganda Tunisia Uganda
1996 3.7% 7.5%
1997 3.6% 7.7%
1998 3.1% 5.8%
1999 2.8% 5.8%
2000 2.8% 3.4%
2001 1.9% 1.9%
2002 2.7% -0.3%
2003 2.7% 8.7%
2004 3.7% 3.7%
2005 2% 8.6%
2006 4.1% 7.2%
2007 3.4% 6.1%
2008 4.9% 12%
2009 3.5% 13%
2010 4.4% 4%
2011 3.2% 18.7%
2012 4.6% 14%
2013 5.3% 5.5%
2014 4.6% 4.3%
2015 4.4% 3.7%
2016 3.6% 5.2%
2017 5.3% 5.6%
2018 7.3% 2.5%
2019 6.7% 2.1%
2020 5.6% 2.8%
2021 5.7% 2.2%
2022 8.3% 7.2%
2023 9.3% 5.4%
2024 7% 3.3%
2025 5.9% 3.8%

Top exports between countries

Tunisia
Export category Export value
Chemicals & pharma $192K
Machinery & equipment $152K
Processed food, beverages & tobacco $123K
Textiles & consumer goods $35K
Animal & marine products $33K
Miscellaneous $30K
Wood & paper products $22K
Raw materials & minerals $12K
Uganda
Export category Export value
Raw agricultural goods $9.5M
Processed food, beverages & tobacco $913K
Machinery & equipment $58K
Textiles & consumer goods $8K

Balance of trade

Tunisia Uganda
Current account balance
-$775M
2024
-$4.2B
2024
Current account balance ranking
115/189
2024
161/189
2024
Current account balance, % of GDP
-1.45%
2024
-7.83%
2024
Goods imports
$18.7B
2024
$11.7B
2024
Goods exports
$8.95B
2024
$8.67B
2024
Service imports
$3.92B
2024
$4.31B
2024
Service exports
$11.2B
2024
$2.39B
2024
Imports of goods and services, % of GDP
56.6%
2024
24.6%
2024
Exports of goods and services, % of GDP
48.4%
2024
16.9%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Tunisia Uganda
Economic freedom 49.1 51.3
Economic freedom ranking 166/197 154/197
Property rights 59.3 47.4
Government integrity 41.3 24.1
Judicial effectiveness 39.7 29.2
Tax burden 79.4 73.6
Government spending 63.1 87.7
Fiscal health 6.4 35.5
Business freedom 56.8 50.3
Labor freedom 56 54.8
Monetary freedom 71.3 75.1
Trade freedom 56.2 57.4
Investment freedom 30 40
Financial freedom 30 40

Economic freedom by year comparison

The Economic Freedom Index for Tunisia is 49.1, ranking 166/197, compared to 51.3 for Uganda, ranking 154/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Tunisia
Uganda
Year Economic freedom index
Tunisia Uganda
1995 63.4 62.9
1996 63.9 66.2
1997 63.8 66.6
1998 63.9 64.7
1999 61.1 64.8
2000 61.3 58.2
2001 60.8 60.4
2002 60.2 61
2003 58.1 60.1
2004 58.4 64.1
2005 55.4 62.9
2006 57.5 63.9
2007 60.3 63.1
2008 60.1 63.8
2009 58 63.5
2010 58.9 62.2
2011 58.5 61.7
2012 58.6 61.9
2013 57 61.1
2014 57.3 59.9
2015 57.7 59.7
2016 57.6 59.3
2017 55.7 60.9
2018 58.9 62
2019 55.4 59.7
2020 55.8 59.5
2021 56.6 58.6
2022 54.2 54.2
2023 52.9 51.4
2024 48.8 50.7
2025 49.1 51.3

More economic indicators

Tunisia Uganda
Services, % of GDP
62.1%
2023
43.1%
2024
Industry, % of GDP
23.6%
2023
24.9%
2024
Agriculture, forestry, and fishing, % of GDP
9.33%
2023
24.7%
2024
GNI, Atlas method
$47.9B
2024
$50.9B
2024
GNI per capita, PPP
$14,090
2024
$3,200
2024
Total reserves including gold
$9.34B
2024
$3.36B
2018
Total reserves ranking
80/177
2024
114/177
2018
Net foreign direct investment
-$725M
2024
-$3.3B
2024
Net inflows of foreign direct investment
$760M
2024
$3.3B
2024
Net outflows of foreign direct investment
$34.6M
2024
$400K
2024
Servicing debt to the IMF, % of GNI
10.5%
2023
4.99%
2023
Poverty at national poverty lines
16.6%
2021
20.3%
2019
Gross capital formation, % of GDP
13.4%
2024
22.3%
2024

GDP per capita map

GDP per capita

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.