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Tanzania
Tanzania Economic Outlook
Real GDP growth was estimated at 6.8% in 2019, down slightly from 7% in 2018. A markedly diversified economy, characterized by robust private consumption, substantial public spending, strong investment growth, and an upturn in exports underpinned the positive outlook. Tourism, mining, services, construction, agriculture, and manufacturing are notable sectors. Growth is projected to be broadly stable at 6.4% in 2020 and 6.6% in 2021, subject to favorable weather, prudent fiscal management, mitigation of financial sector vulnerabilities, and implementation of reforms to improve the business environment.
Key Facts
| Flag: |  |
| Capital: | Dodoma |
| Area: | 945,000 sq km |
| Total Population 2017: | 56.9 Million ... |
| Urban Population 2017: | 73.50% |
| Female Population 2017: | 49.70% |
| GDP: | US$ 52.7 Billion |
| GNI Per Capita 2015: | US$ 910 |
| Inflation Rate: | 7.04% |
| Crude Birth Rate (per 1000): | 37.60% |
| Human Development Index (rank / 188): | 151 |
| Human Development Index (scale 0 to 1): | 0.531 |
| Membership Date: | 10/09/1964 |
| Cumulative Approvals (1967-2016): | UA 2.8 Billion |
Map detail
23/10/2018 - One Stop Border Post – TANZANIA - KENYA
29/06/2017 - Integrating Africa: Completing Cape to Cairo road
22/05/2017 - Ahadi Yassin Katera, Guavay Co Ltd, Production...
Contacts
East Africa Regional Hub (RDGE)
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, Director General
Tanzania Country 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: (255) 22 2125283