Tanzania Economic Outlook

  • Overall macroeconomic performance has been strong, with inflation declining to single digits and gross  domestic product (GDP) growth projected at about 7% in the medium term. The main drivers of growth are telecommunications, transport and financial intermediation, manufacturing and construction, and trade.
  • Continued emphasis on sound economic management and strengthening political governance could ensure that the newly found natural gas resources will indeed play an important role in Tanzania’s socio-economic transformation over the medium term.
  • While the structure of the economy has undergone some changes over the years, the slow progress in poverty reduction – largely due to underperforming agriculture and significant infrastructure bottlenecks – indicates that Tanzania is at best in the process of transformation.


East Africa Regional Resource Center (EARC)

African Development Bank Group
Khushee Tower
Longonot  Road, Upper Hill
Nairobi, Kenya

Phone: (254) 20 2712925/ (254) 20 2712926/ (254) 20 2712928
Fax: (254) 20 2712938

Mr. Gabriel Negatu, RRC Director

Tanzania field office

African Development Bank Group
Garden Avenue, 5th Floor, International House
P.O. Box 6024
Dar Es Salaam, Tanzania

Phone: (255) 22 2125281/2
Fax: (225) 22 2125283

Ms. Tonia Kandiero, Resident Representative


Key Facts

Capital: Dodoma
Area: 945,000 sq km
Total Population 2012: 47.7 Million
Urban Population 2012: 27.35%
Female Population 2012: 50.02%
GDP: US$ 29.9 Billion
GNI Per Capita 2012: US$ 540
Inflation Rate: 16.10%
Crude Birth Rate (per 1000): 41.08%
Human Development Index (rank / 187): 152
Human Development Index (scale 0 to 1): 0.476
Membership Date: 10/09/1964
Cumulative Approvals (1967-2012): UA 1.9 Billion

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