Tanzania

Tanzania Economic Outlook

  • Growth in real GDP is estimated at 7.2% in 2016 with the same rate projected for 2017, driven mainly by strong performance in industry, construction, services, and information and communication sectors.
  • Fiscal position has remained healthy and ongoing efforts by the government to improve revenue mobilisation as well as efficiency in public spending will help in maintaining the good performance.
  • While the level of industrialisation in Tanzania is low, the government’s mediumterm development programme is focused on nurturing industrialisation as a means of achieving economic transformation, and the government has demonstrated a strong commitment to implement the programme successfully.

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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

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Contacts

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