jingalao
JF-Expert Member
- Oct 12, 2011
- 35,053
- 28,245
Recently released data shows GDP jumped 7.8% in annual terms in Q2, picking up from Q1’s 5.7%. Growth came on the back of robust expansions in the transport and storing, mining and quarrying, manufacturing and construction sectors. On the other hand, both financing and public administration activity continued to decline, the latter due to the government’s downsizing of the public sector and firing of fraudulent “ghost workers”. Stronger production of tanzanite and diamonds was behind the all-important mining sector’s expansion, which nevertheless eased from the previous quarter. The government’s crackdown on the sector that began in July has started to take its toll; the share prices of many international firms operating in Tanzania suffered substantial falls, prompting mining firms to reduce exploration activities and staff.
Tanzania Economy Data
2012 2013 2014 2015 2016
Population (million) 44.9 45.8 46.7 47.7 48.6
GDP per capita (USD) 862 957 1,021 916 976
GDP (USD bn) 38.7 43.9 47.7 43.7 47.5
Economic Growth (GDP, annual variation in %) 5.1 7.3 6.8 7.0 7.0
Consumption (annual variation in %) 3.1 8.4 4.5 2.3 -
Investment (annual variation in %) 1.0 4.4 7.0 11.5 -
Fiscal Balance (% of GDP) -4.1 -3.9 -3.0 -3.3 -3.8
Public Debt (% of GDP) 29.2 30.9 33.8 36.9 39.0
Money (annual variation in %) 12.5 10.0 15.6 4.7 -
Inflation Rate (CPI, annual variation in %, eop) 12.1 5.6 4.8 6.8 5.0
Inflation Rate (CPI, annual variation in %) 16.0 7.9 6.1 5.6 5.2
Policy Interest Rate (%) 15.46 15.83 16.26 16.10 15.96
Exchange Rate (vs USD) 1,585 1,587 1,733 2,160 2,181
Exchange Rate (vs USD, aop) - - - - -
Current Account (% of GDP) -9.7 -11.3 -11.2 -9.1 -4.5
Current Account Balance (USD bn) -3.8 -5.0 -5.3 -4.0 -2.1
Trade Balance (USD billion) -4.4 -5.8 -5.7 -4.1 -2.9
Exports (USD billion) 5.9 5.3 5.2 5.7 5.7
Imports (USD billion) 10.3 11.0 10.9 9.8 8.6
Exports (annual variation in %) 15.5 -10.7 -1.2 9.9 -0.3
Imports (annual variation in %) 5.0 6.9 -1.0 -9.8 -12.3
International Reserves (USD) 4.1 4.6 4.5 4.1 4.3
External Debt (% of GDP) 29.9 29.9 30.1 34.5
Tanzania Economy - GDP, Inflation, CPI and Interest Rate
My Take:Serikali haina haja ya kuficha data au kujikweza.data zinaweza kupatikana kiurahisi kabisa.
Tuache siasa za majitaka.
Tanzania Economy Data
2012 2013 2014 2015 2016
Population (million) 44.9 45.8 46.7 47.7 48.6
GDP per capita (USD) 862 957 1,021 916 976
GDP (USD bn) 38.7 43.9 47.7 43.7 47.5
Economic Growth (GDP, annual variation in %) 5.1 7.3 6.8 7.0 7.0
Consumption (annual variation in %) 3.1 8.4 4.5 2.3 -
Investment (annual variation in %) 1.0 4.4 7.0 11.5 -
Fiscal Balance (% of GDP) -4.1 -3.9 -3.0 -3.3 -3.8
Public Debt (% of GDP) 29.2 30.9 33.8 36.9 39.0
Money (annual variation in %) 12.5 10.0 15.6 4.7 -
Inflation Rate (CPI, annual variation in %, eop) 12.1 5.6 4.8 6.8 5.0
Inflation Rate (CPI, annual variation in %) 16.0 7.9 6.1 5.6 5.2
Policy Interest Rate (%) 15.46 15.83 16.26 16.10 15.96
Exchange Rate (vs USD) 1,585 1,587 1,733 2,160 2,181
Exchange Rate (vs USD, aop) - - - - -
Current Account (% of GDP) -9.7 -11.3 -11.2 -9.1 -4.5
Current Account Balance (USD bn) -3.8 -5.0 -5.3 -4.0 -2.1
Trade Balance (USD billion) -4.4 -5.8 -5.7 -4.1 -2.9
Exports (USD billion) 5.9 5.3 5.2 5.7 5.7
Imports (USD billion) 10.3 11.0 10.9 9.8 8.6
Exports (annual variation in %) 15.5 -10.7 -1.2 9.9 -0.3
Imports (annual variation in %) 5.0 6.9 -1.0 -9.8 -12.3
International Reserves (USD) 4.1 4.6 4.5 4.1 4.3
External Debt (% of GDP) 29.9 29.9 30.1 34.5
Tanzania Economy - GDP, Inflation, CPI and Interest Rate
My Take:Serikali haina haja ya kuficha data au kujikweza.data zinaweza kupatikana kiurahisi kabisa.
Tuache siasa za majitaka.