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United Republic of Tanzania  
  • Mwl. Julius K. Nyerere
  • Sheikh Abeid Amani Karume
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Home BusinessTanzanian Economy

Tanzania’s real GDP recorded an average growth rate of about 7 percent over the 2001-2010 period. Growth slowed down in 2009 to 6.0 percent, largely due to the sharp deceleration of the global economy. However, it bounced back to 7 percent in 2010. The sectors that recorded growth rates of more than 10 percent in 2010 were Communications, (22.1 percent), followed by Construction, Electricity and Gas (10.2 percent) and Financial Intermediation (10.1 percent). In 2010, the sectors with the largest contribution to GDP growth were Trading and Repairs, Agriculture, Manufacturing and Real Estate and Business Services.  

Moreover, the economy depends heavily on agriculture, which accounts for more than one-quarter of GDP, provides 85% of exports, and employs about 75% of the work force

Source: Government Portal Content Committee, Last Reviewed on : 2015-10-02 10:40:36
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