ECONOMICS
Market
Uganda’s economy is highly based around the agricultural sector. This sector employs over 80% of the labor force and contributes about 36% to the country’s GDP (CIA World Factbook, 2005). Uganda has abundant natural resources, fertile soils and regular rainfall, making the country a fierce competitor in the agricultural sector.
Uganda’s primary exports are coffee, tea, cotton, sugar, flowers and other horticultural products. Although the country is landlocked, 20% of the country is lakes, making fish and fish products an additional export. Tourism is a growing industry with potential to be an important contributor to GDP. Significant import commodities include capital equipment, medical supplies, vehicles, petroleum, and cereals.
The industry and service sectors account for 21% and 43% of GDP, respectively. However, few Ugandans work in these sectors: 5% of the labor force is in industry and about 13% is in the service sector.Uganda’s economy has been enjoying positive growth for the past 15 years. Yet it is still a poor country; GDP per capita is about $1500 (CIA World Factbook, 2005). In 2000, Uganda qualified for debt relief amounting to roughly $2 billion. Uganda’s economy continues to grow, despite falling prices of coffee, its primary export.
Average Annual Income: 310 US Dollars
Poverty is based on the proportion of individuals who live below $1 a day
To view a document that lists exchange rates for common foods, jobs and typical services between Uganda and the US click here:
Uganda’s primary exports are coffee, tea, cotton, sugar, flowers and other horticultural products. Although the country is landlocked, 20% of the country is lakes, making fish and fish products an additional export. Tourism is a growing industry with potential to be an important contributor to GDP. Significant import commodities include capital equipment, medical supplies, vehicles, petroleum, and cereals.
The industry and service sectors account for 21% and 43% of GDP, respectively. However, few Ugandans work in these sectors: 5% of the labor force is in industry and about 13% is in the service sector.Uganda’s economy has been enjoying positive growth for the past 15 years. Yet it is still a poor country; GDP per capita is about $1500 (CIA World Factbook, 2005). In 2000, Uganda qualified for debt relief amounting to roughly $2 billion. Uganda’s economy continues to grow, despite falling prices of coffee, its primary export.
Average Annual Income: 310 US Dollars
Poverty is based on the proportion of individuals who live below $1 a day
To view a document that lists exchange rates for common foods, jobs and typical services between Uganda and the US click here:
exchange_rates_uganda.doc | |
File Size: | 69 kb |
File Type: | doc |
Uganda also has a number of Tourist Attractions that contribute to their economic development these include but are not limited to:
General
Falls: Murchison, Sipi
Rivers: Semliki
Ssese Islands: birds, fishing and chimps
Mountains: Elgon, Rwenzori
Game Parks: Murchison, Queen Elizabeth National Park,Kidepo, Lake Mburo, Semliki Valley
Others: Lake Bunyoni, Bwindi
Kampala
Uganda Musesum
Kasubi Tombs
Namugongo Martyr's Shrine
Lake Victoria Beaches: Gaba, Munyonyo, Busabala, Lutembe, Lido
Botanical Gardens/Uganda Wildlife Center (Entebbe)
Mabira tropical forest
Bujagali Falls, Source of the Nile (Jinja)
General
Falls: Murchison, Sipi
Rivers: Semliki
Ssese Islands: birds, fishing and chimps
Mountains: Elgon, Rwenzori
Game Parks: Murchison, Queen Elizabeth National Park,Kidepo, Lake Mburo, Semliki Valley
Others: Lake Bunyoni, Bwindi
Kampala
Uganda Musesum
Kasubi Tombs
Namugongo Martyr's Shrine
Lake Victoria Beaches: Gaba, Munyonyo, Busabala, Lutembe, Lido
Botanical Gardens/Uganda Wildlife Center (Entebbe)
Mabira tropical forest
Bujagali Falls, Source of the Nile (Jinja)