Agriculture > products coffee, sisal, tea, cotton, pyrethrum (insecticide made from chrysanthemums), cashew nuts, tobacco, cloves, corn, wheat, cassava, bananas, fruits, vegetables; cattle, sheep, goats |
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Debt > External
|
$4,382,000,000.00 |
|
[98th of 136]
|
|
Source: CIA World Factbook, 28 July 2005 |
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Distribution of family income > Gini index
|
34.6 |
|
[19th of 43]
|
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Economic freedom
|
1.65 |
|
[110th of 156]
|
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Economy > Overview Tanzania is one of the poorest countries in the world. 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 The World Bank, the IMF, and bilateral donors have provided funds to rehabilitate Tanzania's out-of-date economic infrastructure and to alleviate poverty.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 featured a pickup in industrial production and a substantial increase in output of minerals led by gold. Recent banking reforms have helped increase private-sector growth and investment. Continued donor assistance and solid macroeconomic policies supported real GDP growth of nearly 7% in 2007. |
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Source: The Heritage Foundation |
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Exports
|
$2,227,000,000.00 |
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[120th of 189]
|
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP
|
$12,783,770,000.00 |
|
[91st of 203]
|
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP > PPP
|
$24,181,000,000.00 |
|
[95th of 163]
|
|
Source: World Development Indicators database and CIA World Factbook |
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GDP > Real growth rate
|
7.3% |
|
[43rd of 198]
|
|
Source: World Bank. 2005. World Development Indicators 2005. |
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GDP per capita in 1950
|
$427.00 |
|
[53rd of 52]
|
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP per capita in 1973
|
$655.00 |
|
[52nd of 52]
|
|
Source: Angus Maddison |
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GINI index
|
34.62
|
|
[22nd of 40]
|
|
Source: Angus Maddison |
|
Gross National Income
|
$9,410,930,000.00 |
|
[79th of 172]
|
|
Source: World Development Indicators database |
|
Human Development Index
|
0.418 |
|
[165th of 178]
|
|
Income category
|
Low income |
|
|
|
Source: Human Development Report 2006, United Nations Development Programme |
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Population below poverty line
|
36% |
|
[18th of 46]
|
|
Source: |
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Poverty > Share of all poor people
|
0.61 % of world's poor |
|
[18th of 80]
|
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Public debt
|
19.6 % of GDP |
|
[94th of 121]
|
|
Source: Country Responsibilities in Achieving the Millenium Development Goals", April 8 2003, by Janice Poling |
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Technological achievement
|
0.08 |
|
[65th of 68]
|
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Tourist arrivals
|
347,000 |
|
[82nd of 152]
|
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Source: United Nations Development Program. Human Development Report 2001. New York: Oxford University Press,2001, Table A2.1. via ciesin.org |