Tanzania Economy - 1986

GEOGRAPHICAL NAMES 

GDP $4.2 billion (1984), $210 per capita;

real growth rate, 0.6% (1984 prelim.)

Natural resources: hydroelectric power potential, large unexploited iron and coal, gemstone and gold mines, natural gas, nickel

Agriculture: main crops—cotton, coffee, sisal on mainland; cloves and coconuts on Zanzibar

Major industries: primarily agricultural processing i sugar, beer, cigarettes, sisal twine), diamond mine, oil refinery, shoes, cement, textiles, wood products

Elec trie power: 372,800 kW capacity (1985); 816 million kWh produced (1985), 37 kWh per capita

Exports: $396 million (f.o.b., 1984); coffee, cotton, sisal, cashew nuts, meat, cloves, tobacco, tea, coconut products

Imports: $831 million (c.i.f., 1984), manufactured goods, machinery and transport equipment, cotton piece goods, crude oil, foodstuffs

Major trade partners: exports—FRG, UK, US; imports—FRG, UK, US, Iran

External debt: $2.8 billion (1983); debt service ratio 68.1% (1984—not including IMF)

Budget: (1984/85) revenues, $891.8 million; current expenditures, $1,017 billion; development expenditures, $359 5 million

Aid: economic aid commitments from Western (non-US) countries (1970-79), OD A and OOF, $100 million; US, including Ex-Im (FY70-80), $200 million

Monetary conversion rate: 17 Tanzanian shillings=US$l (14 June 1984)

Fiscal year: 1 July-30 June

NOTE: The information regarding Tanzania on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Tanzania 1986 information contained here. All suggestions for corrections of any errors about Tanzania 1986 should be addressed to the CIA or the source cited on each page.