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Tanzania Economy
GDP:
purchasing power parity - $21.58 billion (2003 est.)
GDP - real growth rate:
5.2% (2003 est.)
GDP - per capita:
purchasing power parity - $600 (2003 est.)
GDP - composition by sector:
agriculture: 43.6%
industry: 16.5%
services: 40% (2003 est.)
Investment (gross fixed):
17.2% of GDP (2003)
Population below poverty line:
36% (2002 est.)
Household income or consumption by percentage share:
lowest 10%: 2.8%
highest 10%: 30.1% (1993)
Distribution of family income - Gini index:
38.2 (1993)
Inflation rate (consumer prices):
4.4% (2003 est.)
Labor force:
18.56 million (2003)
Labor force - by occupation:
agriculture 80%, industry and services 20% (2002 est.)
Unemployment rate:
NA
Budget:
revenues: $1.879 billion
expenditures: $1.873 billion, including capital expenditures of NA (2003 est.)
Public debt:
6.1% of GDP (2003)
Industries:
agricultural processing (sugar, beer, cigarettes, sisal twine), diamond and gold mining, oil refining, shoes, cement, textiles, wood products, fertilizer, salt
Industrial production growth rate:
8.4% (1999 est.)
Electricity - production:
2.906 billion kWh (2001)
Electricity - production by source:
fossil fuel: 18.9%
hydro: 81.1%
other: 0% (2001)
nuclear: 0%
Electricity - consumption:
2.752 billion kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
50 million kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
17,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Oil - proved reserves:
0 bbl (1 January 2002)
Natural gas - proved reserves:
11.33 billion cu m (1 January 2002)
Agriculture - products:
coffee, sisal, tea, cotton, pyrethrum (insecticide made from chrysanthemums), cashew nuts, tobacco, cloves, corn, wheat, cassava (tapioca), bananas, fruits, vegetables; cattle, sheep, goats
Current account balance:
$-617 million (2003)
Exports:
$978 million f.o.b. (2003 est.)
Exports - commodities:
gold, coffee, cashew nuts, manufactures, cotton
Exports - partners:
Japan 9.9%, India 8.9%, Netherlands 8.5%, Germany 5.5%, UK 5.5%, Kenya 4.9%, Belgium 4.1% (2003 est.)
Imports:
$1.674 billion f.o.b. (2003 est.)
Imports - commodities:
consumer goods, machinery and transportation equipment, industrial raw materials, crude oil
Imports - partners:
South Africa 10.7%, China 9.9%, India 6.1%, UAE 5.8%, Kenya 5.4%, UK 4.8%, Germany 4.3%, Bahrain 4%, Japan 4% (2003 est.)
Reserves of foreign exchange & gold:
$2.064 billion (2003)
Debt - external:
$6.549 billion (2003 est.)
Economic aid - recipient:
$1.2 billion (2001)
Currency code:
TZS
Fiscal year:
1 July - 30 June
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