US diplomatic representation: chief of mission: Ambassador J. Brady ANDERSON embassy: 36 Laibon Road (off Bagamoyo Road), Dar es Salaam mailing address: P. O. Box 9123, Dar es Salaam telephone: [255] (51) 66010 through 66015 FAX: [255] (51) 66701
Flag: divided diagonally by a yellow-edged black band from the lower hoist-side corner; the upper triangle (hoist side) is green and the lower triangle is blue
Economy ———-
Economic overview: Tanzania is one of the poorest countries in the world. The economy is heavily dependent on agriculture, which accounts for 58% of GDP, provides 85% of exports, and employs 90% of the work force. Topography and climatic conditions, however, limit cultivated crops to only 5% of the land area. Industry accounts for 8% 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, the International Monetary Fund, and bilateral donors have provided funds to rehabilitate Tanzania's deteriorated economic infrastructure. Growth in 1991-94 has featured a pickup in industrial production and a substantial increase in output of minerals, led by gold. Recent banking reforms have helped increase private sector growth and investment.
GDP: purchasing power parity - $23.1 billion (1995 est.)
GDP real growth rate: 2.7% (1995 est.)
GDP per capita: $800 (1995 est.)
GDP composition by sector: agriculture: 58% industry: 8% services: 34% (1995 est.)
Inflation rate (consumer prices): 25% (1994 est.)
Labor force: 13.495 million by occupation: agriculture 90%, industry and commerce 10% (1986 est.)