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Tanzania

Tanzania is in the bottom ten percent of the world's economies in terms of per capita income. The economy depends heavily on agriculture, which accounts for more than 40% of GDP, provides 85% of exports, and employs 80% of the work force. Topography and climatic conditions, however, limit cultivated crops to only 4% of the land area. Industry traditionally featured the processing of agricultural products and light consumer goods. The World Bank, the IMF, and bilateral donors have provided funds to rehabilitate Tanzania's out-of-date economic infrastructure and to alleviate poverty. Long-term growth through 2005 f...  More..

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Economy of Tanzania
SOURCE: CIA - The World Factbook
Currency Tanzanian Shilling
Fiscal Year 01 July - 30 June
GDP (PPP) $57.89 billion (2009 est.)
GDP (per capita) $1,400 (2009 est.)
Exports $2.744 billion (2009 est.)
Imports $5.545 billion (2009 est.)
Main Industries Agricultural Processing (Sugar, Beer, Cigarettes, Sisal Twine); Diamond, Gold, and Iron Mining, Salt, Soda Ash; Cement, Oil Refining, Shoes, Apparel, Wood Products, Fertilizer
Exports - Commodities Gold, Coffee, Cashew Nuts, Manufactures, Cotton
Imports - Commodities Consumer Goods, Machinery and Transportation Equipment, Industrial Raw Materials, Crude Oil
Exports Partners India 9.1%, Japan 6.5%, China 6.3%, UAE 5.7%, Netherlands 5.5%, Germany 5.1% (2008)
Imports Partners China 13.7%, India 13.4%, South Africa 7.4%, Kenya 6.6%, UAE 5.6% (2008)

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