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Economy of Uganda vs Yemen compared: GDP & Debt

Updated on by Georank team

Uganda has a GDP of $53.9B compared to $21.6B for Yemen, ranking 89/197 and 125/197 by economy size, respectively.

Uganda has $27.8B in government debt (51.5% of GDP), compared to $18.8B (70.9% of GDP) in Yemen.

Uganda vs Yemen GDP by year

Uganda
Yemen
1x
Year GDP, current $
Uganda Yemen
2024 $53,911,907,086 -
2023 $48,768,955,863 -
2022 $45,565,333,211 -
2021 $40,529,788,749 -
2020 $37,600,368,242 -
2019 $35,353,061,003 -
2018 $32,927,025,620 $21,606,160,663
2017 $30,744,473,841 $26,842,229,045
2016 $29,203,988,696 $31,317,825,274
2015 $32,387,183,730 $42,444,490,074
2014 $32,612,397,257 $43,228,585,321
2013 $28,915,786,517 $40,415,233,436
2012 $27,305,915,911 $35,401,331,610
2011 $27,871,725,241 $32,726,417,878
2010 $26,673,441,431 $30,906,749,533
2009 $25,127,805,567 $25,130,278,213
2008 $14,440,404,132 $26,910,855,807
2007 $11,902,564,495 $21,650,528,674
2006 $9,977,647,683 $19,063,143,370
2005 $9,239,221,763 $16,731,566,717
2004 $7,939,487,548 $13,867,634,371
2003 $6,606,884,275 $11,777,532,662
2002 $6,178,563,591 $10,693,430,511
2001 $5,840,503,869 $9,852,990,693
2000 $6,193,246,837 $9,679,316,770
1999 $5,998,563,258 $7,639,325,296
1998 $6,584,815,847 $6,322,175,566
1997 $6,269,333,313 $6,838,298,531
1996 $6,044,585,327 $6,496,163,616
1995 $5,755,818,842 $12,796,345,679
1994 $3,990,430,447 $28,019,483,764
1993 $3,220,439,044 $21,736,802,664
1992 $2,857,457,762 $17,959,367,194
1991 $3,321,729,160 $14,665,445,462
1990 $4,304,399,310 $12,643,821,569
1989 $5,276,480,799 -
1988 $6,508,931,652 -
1987 $6,269,522,042 -
1986 $3,923,244,050 -
1985 $3,519,695,444 -
1984 $3,615,647,477 -
1983 $2,240,333,333 -
1982 $2,177,500,000 -
1981 $1,337,300,000 -
1980 $1,244,610,000 -
1979 $2,139,025,000 -
1978 $2,420,260,870 -
1977 $2,936,470,588 -
1976 $2,447,300,000 -
1975 $2,359,555,556 -
1974 $2,098,944,967 -
1973 $1,701,829,789 -
1972 $1,490,970,181 -
1971 $1,417,191,656 -
1970 $1,259,554,809 -
1969 $1,168,556,629 -
1968 $1,037,379,252 -
1967 $967,240,655 -
1966 $925,381,492 -
1965 $884,502,310 -
1964 $589,247,687 -
1963 $516,315,231 -
1962 $449,158,233 -
1961 $441,667,335 -
1960 $423,145,605 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/uganda/yemen | CC BY

GDP per capita in Uganda vs Yemen by year

Uganda
GDP per capita

GDP per capita, PPP
Yemen
GDP per capita

GDP per capita, PPP
1x
Year Current $
Uganda Yemen
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,078 $3,273 - -
2023 $1,002 $3,098 - -
2022 $963 $2,919 - -
2021 $883 $2,685 - -
2020 $846 $2,532 - -
2019 $822 $2,441 - -
2018 $792 $2,312 $634 -
2017 $765 $2,158 $811 -
2016 $753 $2,165 $975 -
2015 $863 $2,190 $1,362 -
2014 $896 $2,134 $1,430 -
2013 $818 $2,045 $1,379 $3,164
2012 $795 $2,032 $1,245 $3,005
2011 $836 $2,268 $1,186 $3,113
2010 $823 $2,092 $1,155 $3,603
2009 $799 $2,015 $969 $3,411
2008 $473 $1,931 $1,072 $3,370
2007 $401 $1,795 $890 $3,294
2006 $347 $1,660 $810 $3,205
2005 $330 $1,497 $734 $3,113
2004 $292.4 $1,405 $628 $2,949
2003 $250.7 $1,320 $549 $2,844
2002 $242 $1,255 $513 $2,768
2001 $236 $1,173 $487 $2,702
2000 $258.1 $1,124 $493 $2,624
1999 $257.9 $1,100 $401 $2,492
1998 $292.5 $1,037 $343 $2,442
1997 $286.8 $1,007 $383 $2,351
1996 $284.7 $969 $375 $2,268
1995 $278.5 $897 $764 $2,201
1994 $198.4 $809 $1,735 $2,115
1993 $165.6 $770 $1,397 $2,013
1992 $152.1 $719 $1,198 $1,963
1991 $183 $703 $1,016 $1,843
1990 $245 $666 $910 $1,742
1989 $310 - - -
1988 $395 - - -
1987 $393 - - -
1986 $253.6 - - -
1985 $234.3 - - -
1984 $247.5 - - -
1983 $157.5 - - -
1982 $157 - - -
1981 $98.6 - - -
1980 $93.8 - - -
1979 $164.5 - - -
1978 $190.7 - - -
1977 $237.6 - - -
1976 $203.3 - - -
1975 $201.2 - - -
1974 $183.7 - - -
1973 $152.7 - - -
1972 $137 - - -
1971 $133.5 - - -
1970 $122 - - -
1969 $116.7 - - -
1968 $106.9 - - -
1967 $102.8 - - -
1966 $101.4 - - -
1965 $100 - - -
1964 $68.6 - - -
1963 $62 - - -
1962 $55.5 - - -
1961 $56.2 - - -
1960 $55.4 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/uganda/yemen | CC BY

Uganda's GDP per capita is $1,078, ranking 176/197, compared to $634 in Yemen, ranking 191/197. Adjusted for purchasing power (GDP per capita PPP), Uganda ranks 176th at $3,273, while Yemen ranks 178th at $3,164.

Economic indicators

Uganda Yemen
Gross domestic product
$53.9B
2024
$21.6B
2018
GDP rank
89/197
2024
125/197
2018
GDP growth
6.06%
2023-2024
0.75%
2017-2018
GDP per capita
$1,078
2024
$634
2018
GDP per capita rank
176/197
2024
191/197
2018
GDP per capita, PPP
$3,273
2024
$3,164
2013
GDP per capita PPP rank
176/197
2024
178/197
2013
Government debt
$27.8B
2024
$18.8B
2018
Debt-to-GDP ratio
51.5%
2024
70.9%
2024
Government debt per person
$555
2024
$551
2018
Government debt per person rank
163/185
2024
165/185
2018
Average annual personal income after taxes
$1,466
2026
$1,127
2026
Income share by richest 10%
34.5%
2019
29.4%
2014
Income share by poorest 10%
2.4%
2019
3%
2014
Government expenditure, % of GDP
18.7%
2024
8.91%
2024
Consumer prices inflation
3.3%
2023-2024
33.9%
2023-2024
Central bank interest rate
9.75%
2024
n/a
Unemployment rate
3.42%
2021
13.5%
2014
Population
53170946
43325643

Spending and national debt comparison by year

Uganda
Spending

Debt
Yemen
Spending

Debt
1x
Year % of GDP
Uganda Yemen
Government spending Government debt Government spending Government debt
2024 18.7% 51.5% 8.91% 70.9%
2023 19.3% 50.5% 11.8% 77.9%
2022 19.5% 50.2% 12.2% 65.3%
2021 22% 50.3% 8.22% 75.9%
2020 21.4% 46.3% 10.6% 87%
2019 18.3% 37.5% 13.2% 91.5%
2018 16.2% 34.9% 14.3% 86.9%
2017 16.3% 33.6% 8.39% 83.8%
2016 15.2% 31.3% 16.1% 76.5%
2015 14.9% 28% 19.4% 57.7%
2014 13.6% 24.8% 27.8% 48.9%
2013 13.3% 22.1% 30.8% 48.4%
2012 13.1% 19.5% 36.2% 47.6%
2011 13.2% 18% 29.8% 45.7%
2010 15.4% 18.4% 30.2% 42.4%
2009 11.8% 14.8% 35.2% 49.8%
2008 12.9% 15.7% 41.2% 36.4%
2007 13.2% 17% 40.3% 40.4%
2006 13.7% 27.8% 37.4% 40.8%
2005 14.5% 42.6% 36.8% 43.8%
2004 15.6% 49% 34.2% 52.1%
2003 16.5% 55.1% 35.3% 56.8%
2002 16.8% 54.7% 30.8% 57.8%
2001 16.2% 51.4% 30.5% 60.6%
2000 15.2% 48.5% 31.7% 60.8%
1999 14.7% 47.7% 28.2% 96.1%
1998 14% 45.1% 34.3% 110.6%
1997 13.9% 44.2% 34.2% 74.2%
1996 - - 30.7% 114.9%
1995 - - 24.1% 84.1%
1994 - - 25.2% 73.3%
1993 - - 25.8% 76.7%
1992 - - 24.6% 78%
1991 - - 24.7% 82.7%
1990 - - 26.6% 91.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20).

GeoRank.org/economy/uganda/yemen | CC BY

In 2024, Uganda's government spending was $10.1B, accounting for 18.7% of its GDP, while Yemen spent $3.08B, or 8.91% of GDP.

Debt-to-GDP ratio is 51.5% in Uganda and 70.9% in Yemen, ranking 103/185 and 55/185, respectively.

Government deficit by year

Deficit/surplus
Uganda

Yemen
1x
Year Deficit/surplus, % of GDP
Uganda Yemen
2024 -3.99% -2.48%
2023 -4.87% -5.63%
2022 -5.45% -2.15%
2021 -7.76% -0.89%
2020 -7.76% -4.3%
2019 -4.82% -5.89%
2018 -3.02% -7.85%
2017 -3.83% -4.9%
2016 -2.64% -8.51%
2015 -2.59% -8.75%
2014 -2.74% -4.14%
2013 -3.19% -6.9%
2012 -2.39% -6.32%
2011 -2.04% -4.51%
2010 -4.64% -4.06%
2009 -1.61% -10.2%
2008 -1.99% -4.53%
2007 -0.82% -7.18%
2006 -0.64% 1.19%
2005 -0.17% -1.82%
2004 0.34% -2.15%
2003 -0.97% -4.2%
2002 -2.07% -0.56%
2001 -0.99% 2.79%
2000 -0.62% 6.09%
1999 -1.24% 0.06%
1998 -0.7% -7.77%
1997 -0.83% -1.5%
1996 - -0.92%
1995 - -5.74%
1994 - -14%
1993 - -12.8%
1992 - -10.9%
1991 - -5.76%
1990 - -10.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/uganda/yemen | CC BY

In 2018, Uganda's government deficit, the difference between spending and revenue, was $995M, equivalent to 3.02% of GDP. This compares to Yemen's deficit of $1.7B, or 7.85% of GDP.

Over the past 22 years, Uganda recorded a fiscal deficit in 21 of those years, while Yemen ran a deficit in 18 years. On average, Uganda posted an annual deficit equal to 1.79% of GDP, compared to deficit of 3.9% of GDP for Yemen.

Inflation comparison by year

Inflation
Uganda

Yemen
1x
Year Consumer prices inflation
Uganda Yemen
2024 3.3% 33.9%
2023 5.4% 0.9%
2022 7.2% 29.5%
2021 2.2% 31.5%
2020 2.8% 21.7%
2019 2.1% 15.7%
2018 2.5% 33.6%
2017 5.6% 30.4%
2016 5.2% 21.3%
2015 3.7% 22%
2014 4.3% 8.2%
2013 5.5% 11%
2012 14% 9.9%
2011 18.7% 19.5%
2010 4% 11.2%
2009 13% 3.7%
2008 12% 19%
2007 6.1% 7.9%
2006 7.2% 10.8%
2005 8.6% 9.9%
2004 3.7% 12.5%
2003 8.7% 10.8%
2002 -0.3% 12.2%
2001 1.9% 11.9%
2000 3.4% 11%
1999 5.8% 7.9%
1998 5.8% 11.5%
1997 7.7% 4.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/uganda/yemen | CC BY

Over the past 28 years, Uganda has recorded an average annual inflation rate of 6.08%, compared with 15.5% in Yemen. In 2024, inflation was 3.3% in Uganda and 33.9% in Yemen.

Top exports between countries

Uganda
Export category Export value
Miscellaneous $356K
Raw agricultural goods $248K
Yemen
Export category Export value

Balance of trade

Uganda Yemen
Current account balance
-$4.29B
2024
-$2.42B
2016
Current account balance ranking
164/190
2024
148/190
2016
Current account balance, % of GDP
-7.96%
2024
-7.72%
2016
Goods imports
$11.7B
2024
$6.8B
2016
Goods exports
$8.67B
2024
$473M
2016
Service imports
$4.38B
2024
$1.46B
2016
Service exports
$2.39B
2024
$466M
2016
Imports of goods and services, % of GDP
25.9%
2024
47.3%
2018
Exports of goods and services, % of GDP
16.8%
2024
8.76%
2018

Economic freedom indices

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

Uganda Yemen
Economic freedom 52.4 53.7
Economic freedom ranking 149/197 138/197
Property rights 42.2 3.5
Government integrity 25.1 6.2
Judicial effectiveness 29.4 9.9
Tax burden 73.4 93.7
Government spending 89 0
Fiscal health 58.3 71.2
Business freedom 50.2 31.3
Labor freedom 55.9 31.2
Monetary freedom 77.1 48.1
Trade freedom 58 67.4
Investment freedom 30 50
Financial freedom 40 30

Economic freedom comparison by year

Uganda
Yemen
1x
Year Economic freedom index
Uganda Yemen
2026 52.4 -
2025 51.3 -
2024 50.7 -
2023 51.4 -
2022 54.2 -
2021 58.6 -
2020 59.5 -
2019 59.7 -
2018 62 -
2017 60.9 -
2016 59.3 -
2015 59.7 53.7
2014 59.9 55.5
2013 61.1 55.9
2012 61.9 55.3
2011 61.7 54.2
2010 62.2 54.4
2009 63.5 56.9
2008 63.8 53.8
2007 63.1 54.1
2006 63.9 52.6
2005 62.9 53.8
2004 64.1 50.5
2003 60.1 50.3
2002 61 48.6
2001 60.4 44.3
2000 58.2 44.5
1999 64.8 43.3
1998 64.7 46.1
1997 66.6 48.4
1996 66.2 49.6
1995 62.9 49.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/uganda/yemen | CC BY

The Economic Freedom Index for Uganda is 52.4, ranking 149/197, compared to 53.7 for Yemen, ranking 138/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Uganda Yemen
Services, % of GDP
43.1%
2024
41.8%
2018
Industry, % of GDP
24.9%
2024
25.4%
2018
Agriculture, forestry, and fishing, % of GDP
24.6%
2024
28.7%
2018
GNI, Atlas method
$50.9B
2024
$25.3B
2018
GNI per capita, PPP
$3,190
2024
$3,020
2013
Total reserves including gold
$3.36B
2018
$1.25B
2022
Total reserves ranking
114/177
2018
139/177
2022
Net foreign direct investment
-$3.26B
2024
$15.4M
2015
Net inflows of foreign direct investment
$3.26B
2024
-$371M
2019
Net outflows of foreign direct investment
$400K
2024
$0
2024
Servicing debt to the IMF, % of GNI
2.96%
2024
0.53%
2018
Poverty at national poverty lines
20.3%
2019
48.6%
2014
Gross capital formation, % of GDP
22.4%
2024
6.18%
2018

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/uganda/yemen | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20)
  6. TradeMap (2020–2022, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.