Business Information

Overview

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* Investment Guide to Tanzania 2014-15 Edition

* New Projects for financing - AFD

* Priority Projects for PPP Funding - Tanzania Railways Limited

* TPA Projects for External Support

 

  1. In 2009, the real Gross Domestic Product (GDP) grew by 6.0 percent compared to 7.4 percent in 2008.
    The slowdown in growth for 2009 was attributed to the impact of the Global Financial Crisis (GFC) as well as the 2008/09 drought which affected agricultural production, hydro power generation as well as industrial production; all of which have a significant share in total GDP. However, the growth rate of electricity and gas, communication and education sub-economic activities increased.

  2. In 2009, the GDP amounted to shs. 28,212,646 million at current prices which was equivalent to shs. 15,721,301 million at 2001 constant prices.
    Since the population of Tanzania Mainland was estimated at 40.7 million in 2009, the per capita income was shs. 693,185 in 2009 at current prices compared to shs. 628,259 in 2008, equivalent to 10.3 percent increase.

  3. In 2009, agricultural, hunting and forestry economic activities grew by 3.2 percent compared to 4.6 percent in 2008.
    The growth rate of crops sub activity decreased to 3.4 percent in 2009 from 5.1 percent in 2008. This was mainly attributed to drought during the 2008/09 season. The growth rate of livestock sub activity was 2.3 percent in 2009 compared to 2.6 percent in 2008.

    The decrease was due to drought during the 2008/09 season particularly in the Northern part of Tanzania that led to inadequate pasture and water for livestock, and eventually decline in the price of livestock's products Forestry and hunting sub activities grew by 3.5 percent in 2009 compared to 3.4 percent in 2008.

    This was attributed to improved patrol with regard to harvesting, transportation and marketing of the forest products, and increase in demand for forest products in the domestic market. Further, the Government promoted tourism in Asia and Far East countries particularly hunting tourism.

※For more information, click this link THE ECONOMICSURVEY 2009