Tanzania

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We, in Africa, have no more need of being 'converted' to socialism than we have of being 'taught' democracy. Both are rooted in our past -- in the traditional society which produced us.

Julius Kambarage Nyerere, from his book Uhuru na Umoja (Freedom and Unity): Essays on Socialism, 1967.

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Analysis

Analysis:

Overview: Tanzania

 

While the structure of the economy has changed, the expected broad-based wealth creation and poverty reduction have been mild. The agriculture sector – which remains the largest employer, absorbing 74 per cent of the labour force – still significantly affects growth. The manufacturing sector remains small, while the new growth sectors (such as mining) act as enclave economies with little employment generation. As a result, rural households (the majority of which depend on agriculture for a living) constitute 80 per cent of the poor. In other words, Tanzania remains predominantly an agrarian economy; other developments are essentially a transformation in the making.

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Profile

Profile:

Profile: Tanzania

- Timeline

- Political structure

- Population,

- Education  

- Health

- Welfare

- Main cities

- Languages spoken

- Media

- Economy

- Agriculture

- Industry and manufacturing

- Tourism

- Mining,

- Hydrocarbons

- Energy

- Financial markets

- Banking and insurance

- Time

- Geography

- Climate

- Dress codes

- Entry requirements

- Health (for visitors)

- Hotels

- Credit cards

- Public holidays

- Working hours

- Telecommunications

- Electricity

- Social customs and useful tips

- Security

- Getting there

- Getting about

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Key Facts

Key Facts:

Key Facts
Official name: Jamhuri ya Muungano wa Tanzania (United Republic of Tanzania)
Head of State: President John Pombe Magufuli (CCM) (elected 25 Oct 2015)
Head of government: President John Pombe Magufuli (CCM) (elected 25 Oct 2015) (the Prime Minister is nominted by the President but is not head of government)
Ruling party: Chama Cha Mapinduzi (CCM) (Party of the Revolution) (since 1977; last re-elected 25 Oct 2015)
Area: 945,087 square km
Population: 47.66 million (2014)*
Capital: Dodoma (official, legislative centre); Dar es Salaam (the former capital is the largest city and de facto commercial capital)
Official language: KiSwahili and English
Currency: Tanzania shilling (Tsh) = 100 senti (convertible with currencies of Kenya and Uganda)
Exchange rate: Tsh2,175.00 per US$ (Sep 2015)
GDP per capita: US$1,006 (2014)*
GDP real growth: 7.24% (2014)*
GDP: US$47.93 billion (2014)*
Labour force: 21.23 million (2009)*
Inflation: 6.13% (2014)*
Balance of trade: -US$5.77 billion (2013)*
Annual FDI: US$1.10 billion (2011)
* estimated figure

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