ovides 85% of exports, and employs 90% of the work force. Industry
accounts for about 10% of GDP and is mainly limited to processing agricultural
products and light consumer goods. The economic recovery program announced in
mid-1986 has generated notable increases in agricultural production and
financial support for the program by bilateral donors. The World Bank and
the International Monetary Fund have increased the availability of
imports and provided funds to rehabilitate Tanzania's deteriorated
economic infrastructure.
GDP: $5.92 billion, per capita $235; real growth rate 4.5%
(1989 est.)
Inflation rate (consumer prices): 29% (1989)
Unemployment rate: NA%
Budget: revenues $568 million; expenditures $835 million,
including capital expenditures of $230 million (FY89)
Exports: $394 million (f.o.b., FY89); commodities--coffee, cotton,
sisal, cashew nuts, meat, tobacco, tea, diamonds, coconut products, pyrethrum,
cloves (Zanzibar);
partners--FRG, UK, US, Netherlands, Japan
Imports: $1.3 billion (c.i.f., FY89); commodities--manufactured
goods, machinery and transportation equipment, cotton piece goods, crude oil,
foodstuffs;
partners--FRG, UK, US, Iran, Japan, Italy
External debt: $4.5 billion (December 1989 est.)
Industrial production: growth rate 6% (1988 est.)
Electricity: 401,000 kW capacity; 895 million kWh produced,
35 kWh per capita (1989)
Industries: primarily agricultural processing (sugar, beer, cigarettes,
sisal twine), diamond mine, oil refinery, shoes, cement, textiles,
wood products, fertilizer
Agriculture: accounts for over 40% of GDP; topography and climatic
conditions limit cultivated crops to only 5% of land area; cash
crops--coffee, sisal, tea, cotton, pyrethrum (insecticide made from
chrysanthemums), cashews, tobacco, cloves (Zanzibar); food crops--corn,
wheat, cassava, bananas, fruits, and vegetables; small numbers of cattle,
sheep, and goats; not self-sufficient in food grain production
Aid: US commitments, including Ex-Im (FY70-88), $387 million; Western
(non-US) countries, ODA and OOF bilateral commitments (1970-87), $8.5 billion;
OPEC bilateral aid (1979-89), $44 million; Communist countries (1970-88),
$607 million
Currency: Tanzanian shilling (plural--shillings);
1 Tanzanian shilling (TSh) = 100 cents
Exchange rates: Tanzanian shillings (TSh) per US$1--192.901 (January
1990), 143.377 (1989), 99.292 (1988), 64.260 (1987), 32.698 (1986), 17.472
(1985)
Fiscal yea
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