Baba jayaron
JF-Expert Member
- Jun 29, 2015
- 4,008
- 5,446
Tanzania Economic Outlook
July 17, 2018
Economic activity likely moderated in the first half of the year, following a strong 2017 in which the construction, and transport and storage sectors benefited from the government’s ongoing efforts to convert Tanzania into a regional trade hub. Available data for the January–April period shows that credit extension to the private sector was extremely weak due to the bulky stock of non-performing loans owned by the banking system. Moreover, the government continued to underspend budgeted development funds. On a positive note, in mid-June the World Bank approved a USD 455 million loan to help finance power projects, which should strengthen infrastructure investment.
Tanzania Economic Growth
Growth this year should be underpinned by a sustained expansion in the construction sector, together with robust investment growth in the hydrocarbon and transport sectors. However, subdued credit growth will weigh on the economy, and business investment could be discouraged by volatile policymaking regarding the mining sector. FocusEconomics panelists expect GDP to expand 6.4% in 2018, down 0.1 percentage points from last month, and 6.5% in 2019.
Tanzania Economy Data
2013 2014 2015 2016 2017
Population (million) 45.8 46.7 47.7 48.7 50.0
GDP per capita(USD) 957 1,031 916 975 -
GDP (USD bn) 43.9 48.2 43.7 47.5 -
Economic Growth (GDP, annual variation in %)7.3 6.9 7.0 7.0 -
Consumption (annual variation in %) 8.5 4.5 1.4 16.6 -
Investment (annual variation in %) 4.5 12.8 10.6 12.4 -
Fiscal Balance (% of GDP) -3.9 -3.0 -3.3 -2.2 -
Public Debt (% of GDP) 30.9 33.8 37.2 38.0 -
Money (annual variation in %) 17.0 13.4 5.3 10.4 -
Inflation Rate (CPI, annual variation in %, eop)5.6 4.8 6.8 5.0 4.0
Inflation Rate (CPI, annual variation in %)7.9 6.1 5.6 5.2 5.3
Policy Interest Rate (%) 16.01 15.75 16.39 15.66 18.62
Exchange Rate (vs USD) 1,587 1,733 2,160 2,181 2,240
Exchange Rate (vs USD, aop) 1,617 1,665 2,040 2,186 2,237
Current Account (% of GDP) -11.4 -10.0 -8.4 -4.6 - Current Account Balance (USD bn) -5.0 -4.8 -3.7 -2.2 - Trade Balance (USD billion) -5.8 -5.7 -4.5 -2.8 - Exports (USD billion) 5.3 5.2 5.3 5.7 - Imports (USD billion) 11.0 10.9 9.8 8.5 - Exports (annual variation in %) -10.7 -1.2 2.4 6.5 - Imports (annual variation in %) 6.9 -1.0 -9.8 -14.0 - International Reserves (USD) 4.7 4.4 4.1 4.3 5.9
External Debt (% of GDP) 30.1 30.2 35.3 36.5 -
Hio ndio report ya hali ya uchumi wa nchi yetu, ikionyesha kuboreka kwa baadhi ya sekta tangu awamu hii ishike hatamu kama
1. kuongezeka kwa idadi ya watu,
2. uzalishaji a bidhaa na huduma ukiongezeka,
3. mfumuko wa bei ukiimarishwa,
4. akiba ya dola kimataifa ikiongezeka Nk.
sambaba na hivyo tumeona
1. deni la taifa likiongezeka,
2. dola ikizidi thamani ya Tsh,
3. deni la nje likiongezeka,
4. matumizi kuongezeka
kwa wataalamu wa uchumi kwa ujumla je hivi vilio vya watanzania wetu vinaakisi hali halisi au nimambo yakisiasa tuu?
July 17, 2018
Economic activity likely moderated in the first half of the year, following a strong 2017 in which the construction, and transport and storage sectors benefited from the government’s ongoing efforts to convert Tanzania into a regional trade hub. Available data for the January–April period shows that credit extension to the private sector was extremely weak due to the bulky stock of non-performing loans owned by the banking system. Moreover, the government continued to underspend budgeted development funds. On a positive note, in mid-June the World Bank approved a USD 455 million loan to help finance power projects, which should strengthen infrastructure investment.
Tanzania Economic Growth
Growth this year should be underpinned by a sustained expansion in the construction sector, together with robust investment growth in the hydrocarbon and transport sectors. However, subdued credit growth will weigh on the economy, and business investment could be discouraged by volatile policymaking regarding the mining sector. FocusEconomics panelists expect GDP to expand 6.4% in 2018, down 0.1 percentage points from last month, and 6.5% in 2019.
Tanzania Economy Data
2013 2014 2015 2016 2017
Population (million) 45.8 46.7 47.7 48.7 50.0
GDP per capita(USD) 957 1,031 916 975 -
GDP (USD bn) 43.9 48.2 43.7 47.5 -
Economic Growth (GDP, annual variation in %)7.3 6.9 7.0 7.0 -
Consumption (annual variation in %) 8.5 4.5 1.4 16.6 -
Investment (annual variation in %) 4.5 12.8 10.6 12.4 -
Fiscal Balance (% of GDP) -3.9 -3.0 -3.3 -2.2 -
Public Debt (% of GDP) 30.9 33.8 37.2 38.0 -
Money (annual variation in %) 17.0 13.4 5.3 10.4 -
Inflation Rate (CPI, annual variation in %, eop)5.6 4.8 6.8 5.0 4.0
Inflation Rate (CPI, annual variation in %)7.9 6.1 5.6 5.2 5.3
Policy Interest Rate (%) 16.01 15.75 16.39 15.66 18.62
Exchange Rate (vs USD) 1,587 1,733 2,160 2,181 2,240
Exchange Rate (vs USD, aop) 1,617 1,665 2,040 2,186 2,237
Current Account (% of GDP) -11.4 -10.0 -8.4 -4.6 - Current Account Balance (USD bn) -5.0 -4.8 -3.7 -2.2 - Trade Balance (USD billion) -5.8 -5.7 -4.5 -2.8 - Exports (USD billion) 5.3 5.2 5.3 5.7 - Imports (USD billion) 11.0 10.9 9.8 8.5 - Exports (annual variation in %) -10.7 -1.2 2.4 6.5 - Imports (annual variation in %) 6.9 -1.0 -9.8 -14.0 - International Reserves (USD) 4.7 4.4 4.1 4.3 5.9
External Debt (% of GDP) 30.1 30.2 35.3 36.5 -
Hio ndio report ya hali ya uchumi wa nchi yetu, ikionyesha kuboreka kwa baadhi ya sekta tangu awamu hii ishike hatamu kama
1. kuongezeka kwa idadi ya watu,
2. uzalishaji a bidhaa na huduma ukiongezeka,
3. mfumuko wa bei ukiimarishwa,
4. akiba ya dola kimataifa ikiongezeka Nk.
sambaba na hivyo tumeona
1. deni la taifa likiongezeka,
2. dola ikizidi thamani ya Tsh,
3. deni la nje likiongezeka,
4. matumizi kuongezeka
kwa wataalamu wa uchumi kwa ujumla je hivi vilio vya watanzania wetu vinaakisi hali halisi au nimambo yakisiasa tuu?
