Tanzania

Overview »

Tanzania has made significant progress in the past 20 years to achieve and maintain macro-economic stability, emerging as one of the best performers in Sub-Saharan Africa. The World Bank supports the growth agenda through policy analysis, advice, grants and credits for projects and programs in agriculture, private sector development and infrastructure.

Population

43.7 Million

GDP per capita

$509

GDP growth

5.5%

Life Expectancy

Income Level

Low

Poverty Ratio

35.7 %

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Feature Story

Tanzania: Training Women to Use Alternative Energy Sources

A gender-focused program is training local community members in the use of alternative fuels like corn husks in order to save time and money.

Tanzania’s average per capita income has increased since the introduction of economic reforms.

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The IDA credit will improve the quality of services and management of resources allocated to the health sector.

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A World Bank report examines the potential of the river as an engine of sustainable development.

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Country Portfolio

	Active Bank projects	24
	Proposed Bank projects	2
	Start of Bank partnership	Nov 1962
	Total Bank Investment	$9,128 (billions)

Country Data

year 2006

4.3% in 2006

Unemployment, total (% of total labor force)

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Resources

News and Events

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Multimedia

Mustafa Mkulo, Finance Minister of Tanzania

Finance Minister of Tanzania tells journalists at the 2011 Annual Meetings of the World Bank-IMF in Washington, DC, that Tanzania expects GDP growth of 6.7 percent in 2011, down slightly from 7 percent in 2010 and from 7.4 percent before the global financial crisis of 2008-2009.