Official Name: The United Republic of Tanzania
Sovereign Status: Sovereign Country
Government Type: Presidential Republic
Official Name (Local Language): Jamhuri ya Muungano wa Tanzania
ISO Country Codes: TZ : TZA
Internet Domain: .tz
Government Web Site: http://www.tanzania.go.tz
Capital: Dar es Salaam Main Airports: Abeid Amani Karume International Airport , Julius Nyerere International Airport
Language(s): Swahili;English Population: 52,482,726
Currency: Tanzanian Shilling ISO Currency Code: TZS
Telephone Dial In: +255 ID Prefix: 000


Government Website: http://www.tanzania.go.tz
Central Bank: Bank of Tanzania
Currency USD Exchange Rate: 2,319 Tanzanian shillings (TZS) per US dollar (2020 est.)
Unemployment Rate: 10.3% (2014 est.)
Population below poverty line: 22.8% (2015 est.)
Inflation Rate: 3.4% (2019 est.)
Prime Lending Rate: 13.86% (Dec-20 - TradingEconomics)
GDP: $60.633 billion (2019 est.)
GDP Pro Capita (PPP): $2,660 (2019 est.)
Currency Name: Tanzanian Shilling
Currency Code: TZS
World Bank Classification: Lower Middle Income

GDP Composition:

Agriculture: 25.1% coffee, sisal, tea, cotton, pyrethrum (insecticide made from chrysanthemums), cashew nuts, tobacco, cloves, corn, wheat, cassava (manioc, tapioca), bananas, fruits, vegetables; cattle, sheep, goats
Industry: 27.6% agricultural processing (sugar, beer, cigarettes, sisal twine); mining (diamonds, gold, and iron), salt, soda ash; cement, oil refining, shoes, apparel, wood products, fertilizer
Services: 47.3%

Source: Central Intelligence Agency Factbook

Financial Exchanges:
Stock & Securities Exchange: Dar es Salam Stock Exchange PLC ;

National Statistics Office:

National Dataset(s):


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): English; Swahili
Customs & Excise: Tanzania Revenue Authority
Development Bank(s): African Development Bank; East African Development Bank; TIB Development Bank; Trade and Development Bank;
National Standards Bureau: Tanzania Bureau of Standards
Competitive Ind’l Performance: 117/141 (2019) Corruption Perceptions Index: 94/180 (2020)
Ease of Doing Business: 141/190 (2019) Enabling Trade Index: 115/136 (2016)
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World Bank Logistics Performance Index

Country Ratings:

Export Credit & Insurance Show

Eximbank: Afreximbank ; Exim Bank ; Export Credit Agency: Caribbean Export Development Agency ; Export Insurance Agency: The African Trade Insurance Agency ;

Investment & Export Promotion Show

Regional Trade Agreements & Organisations: