r; the upper triangle (hoist side) is green and the
lower triangle is blue

Economy Tanzania

Economy - overview:
Tanzania is one of the poorest countries in the world. The economy
depends heavily on agriculture, which accounts for about half 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 International Monetary Fund, and bilateral donors
have provided funds to rehabilitate Tanzania's out-of-date economic
infrastructure and to alleviate poverty. Growth in 1991-2002
featured a pickup in industrial production and a substantial
increase in output of minerals, led by gold. Oil and gas exploration
and development played an important role in this growth. Recent
banking reforms have helped increase private sector growth and
investment. Continued donor assistance and solid macroeconomic
policies supported real GDP growth of more than 5.2% in 2004.

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)

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

Industries:
agricultural processing (sugar, beer, cigarettes, sisal twine),
diamond and gold mining, oil refining, shoes, cement, textiles, wood
products, fertilizer, salt

Industrial produc