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Trade in the East African Community

Published on July 05, 2016

Kenya, Tanzania, and Uganda were the first to implement the EAC Treaty in 2000, which were then followed by Burundi and Rwanda in 2007. Similarly, each set of countries joined the customs union separately in 2005 and 2007 respectively. All five members received more than $2 million in USAID assistance in FY2014. Kenya is considered lower-middle-income, while the others are classified as low-income countries by the World Bank.

The EAC experienced significant growth in the past decade. Population rose by 35 percent or 40.65 million people from 2004 to 2014. Burundi’s population increased by 41 percent, which is the largest growth rate of the five member countries. The average Gross Domestic Product (GDP) per capita among the five member countries was $806.88 in 2014. Tanzania’s and Kenya’s GDP per capita exceeded this average. Burundi’s GDP per capita was the lowest at $286.00. Read more. Source | USAID