Tanzanian Economy
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 Tanzania’s
real GDP recorded an average growth rate of about 7 percent over the
2001-2010 period. Growth slowed down in 2009 to 6.0 percent, largely due
to the sharp deceleration of the global economy. However, it bounced
back to 7 percent in 2010. The sectors that recorded growth rates of
more than 10 percent in 2010 were Communications, (22.1 percent),
followed by Construction, Electricity and Gas (10.2 percent) and
Financial Intermediation (10.1 percent). In 2010, the sectors with the
largest contribution to GDP growth were Trading and Repairs,
Agriculture, Manufacturing and Real Estate and Business Services.
Moreover, the economy depends heavily on
agriculture, which accounts for more than one-quarter of GDP, provides
85% of exports, and employs about 75% of the work force
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