atic 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.
National product: GDP - purchasing power parity - $21 billion (1994
est.)
National product real growth rate: 3% (1994 est.)
National product per capita: $750 (1994 est.)
Inflation rate (consumer prices): 25% (1994 est.)
Unemployment rate: NA%
Budget:
revenues: $495 million
expenditures: $631 million, including capital expenditures of $118
million (1990 est.)
Exports: $462 million (f.o.b., 1994)
commodities: coffee, cotton, tobacco, tea, cashew nuts, sisal
partners: Germany, UK, Japan, Netherlands, Kenya, Hong Kong, US
Imports: $1.4 billion (c.i.f., 1994)
commodities: manufactured goods, machinery and transportation
equipment, cotton piece goods, crude oil, foodstuffs
partners: Germany, UK, US, Japan, Italy, Denmark
External debt: $6.7 billion (1993)
Industrial production: growth rate 9.3% (1990); accounts for 8% of GDP
Electricity:
capacity: 440,000 kW
production: 880 million kWh
consumption per capita: 30 kWh (1993)
Industries: primarily agricultural processing (sugar, beer,
cigarettes, sisal twine), diamond and gold mining, oil refining,
shoes, cement, textiles, wood products, fertilizer
Agriculture: accounts for about 58% of GDP; cash crops - coffee,
sisal, tea, cotton, pyrethrum (insecticide made from chrysanthemums),
cashews, tobacco, cloves (Zanzibar); food crops - corn, wheat,
cassava, bananas, fruits, vegetables; small numbers of cattle, sheep,
and goats; not self-sufficient in food grain production
Illicit drugs: growing role in transshipment of Southwest Asian heroin
destined for European and US markets
Economic aid:
recipient: US commitments, including Ex-Im (FY70-89), $400 million;
Western (non-US) countries
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