Tanzania

Description of Tanzania

Tanzania, a country in East Africa known for its diverse wildlife, stunning landscapes, and rich cultural heritage, stands at a pivotal point in its development trajectory. With a growing population, expanding economy, and increasing international investments, Tanzania is poised to make significant strides in various sectors. As we delve deeper into the macroeconomic statistics and geopolitical dynamics shaping Tanzania's future, we gain valuable insights into the challenges and opportunities that lie ahead for this vibrant nation.

Population And Age Structure

Population, total: The total population of Tanzania is 61,704,518, which is above the average of 40,097,746. Tanzania is ranked 23rd out of 194 countries in terms of total population.

Population ages 0-14 (% of total population): Tanzania has 43.88% of its population aged 0-14, which is above the average of 27.34%. Tanzania is ranked 13th out of 194 countries in this age group.

Population ages 0-14, total: The total number of individuals aged 0-14 in Tanzania is 27,074,322, significantly higher than the average of 10,327,380. Tanzania is ranked 14th out of 194 countries for this demographic.

Population ages 15-64 (% of total population): 52.99% of Tanzania's population falls between the ages of 15-64, below the average of 63.44%. Tanzania is ranked 183rd out of 194 countries in this age category.

Population ages 15-64, total: Tanzania has a total of 32,700,277 individuals aged 15-64, above the average of 26,003,407. Tanzania is ranked 28th out of 194 countries for this age group.

Population ages 65 and above (% of total population): Tanzania has 3.13% of its population aged 65 and above, significantly lower than the average of 9.22%. Tanzania is ranked 162nd out of 194 countries based on this age demographic.

Population ages 65 and above, total: The total number of individuals aged 65 and above in Tanzania is 1,929,919, below the average of 3,766,959. Tanzania is ranked 50th out of 194 countries for this age category.

Summary

Tanzania has a relatively large population with a significant portion aged 0-14, indicating a youthful demographic profile compared to the global average. However, the percentage of the population aged 15-64 is below average, potentially impacting the country's workforce composition and economic productivity. The proportion of elderly individuals aged 65 and above is notably lower than the global average, suggesting potential challenges in providing healthcare and support for the elderly in the future. These demographic trends are crucial for policymakers and planners to consider for issues such as education, healthcare, and workforce development in Tanzania.

Population Miscellaneous

Rural population: Tanzania's rural population of 39,967,867 is significantly higher than the average rural population of 18,044,041 in 190 countries. Tanzania ranks 13th out of the 190 countries included in the data.

Rural population (% of total population): With a rural population percentage of 64.773%, Tanzania exceeds the average rural population percentage of 41.158%. It ranks 34th out of the 190 countries surveyed.

Urban population: Tanzania's urban population of 21,736,651 falls below the average urban population of 22,425,747 across 194 countries. Tanzania is ranked 41st out of the 194 countries in the data set.

Urban population (% of total population): At 35.227%, Tanzania's urban population percentage is well below the average of 59.691%. The country ranks 161st out of 194 countries.

Age dependency ratio (% of working-age population): Tanzania's ratio of 88.70% exceeds the average of 59.22%. This places Tanzania at the 12th rank out of 194 countries.

Birth rate, crude (per 1,000 people): With a crude birth rate of 36.651 per 1,000 people, Tanzania surpasses the average rate of 19.384. Tanzania ranks 12th out of 192 countries.

Death rate, crude (per 1,000 people): Tanzania's crude death rate of 6.179 per 1,000 people is lower than the average rate of 8.214. It holds the 147th position out of 192 countries.

Fertility rate, total (births per woman): Tanzania's fertility rate of 4.795 births per woman is notably higher than the average of 2.603. Tanzania ranks 12th out of 190 countries in this aspect.

Summary

Tanzania has a significantly higher rural population and rural population percentage compared to global averages, ranking 13th and 34th respectively. The country also has a lower urban population and urban population percentage, ranking 41st and 161st, while exhibiting a higher age dependency ratio, crude birth rate, crude death rate, and fertility rate compared to global averages, ranking 12th in each. These statistics are crucial for policymakers and investors as they highlight the demographic composition and trends in Tanzania, which can impact economic development, healthcare services, infrastructure planning, and market opportunities in the country.

Military

Regarding Military expenditure (current USD), Tanzania's value is $676,410,078.54, significantly below the average of $12,904,993,617.17. Tanzania ranks 78th out of 149 countries included in the data.

For Military expenditure (% of GDP), Tanzania spends 1.05% of its GDP, lower than the average of 1.90%. Tanzania holds the 108th position out of 148 countries.

In terms of Arms imports (SIPRI trend indicator values), Tanzania's imports amount to $8,000,000, far below the average of $205,522,123.89. Tanzania ranks 87th out of 113 countries in this category.

Tanzania has a total of 28,000 Armed forces personnel, significantly lower than the average of 165,908.54 personnel. Tanzania ranks 90th out of 164 countries in this statistic.

Regarding Armed forces personnel (% of total labor force), Tanzania's proportion is 0.10%, well below the average of 1.28%. Tanzania ranks 161st out of 164 countries included in this data set.

Summary

Tanzania's military expenditure, arms imports, and armed forces personnel numbers are all significantly below global averages, indicating a relatively low level of militarization compared to other countries. This could reflect a different allocation of resources towards development priorities such as education, healthcare, and infrastructure, which are crucial for long-term economic growth and stability.

Natural Resources

1. Forest Area (sq. km): Tanzania has a forest area of 457,450 sq. km, which is higher than the average of 211,606. Tanzania ranks 16 out of 191 countries in this attribute data.

2. Land Area (sq. km): Tanzania's land area is 885,800 sq. km, above the average of 665,166. Tanzania ranks 31 out of 194 countries in this attribute data.

3. Surface Area (sq. km): Tanzania's surface area is 947,300 sq. km, surpassing the average of 689,779. Tanzania ranks 30 out of 194 countries in this attribute data.

4. Arable Land (hectares): Tanzania possesses 13,502,500 hectares of arable land, exceeding the average of 7,329,543. Tanzania ranks 23 out of 190 countries in this attribute data.

5. Land under Cereal Production (hectares): Tanzania utilizes 6,994,355 hectares for cereal production, higher than the average of 4,206,011. Tanzania ranks 27 out of 174 countries in this attribute data.

6. Average Precipitation in Depth (mm per year): Tanzania receives an average precipitation depth of 1071 mm per year, slightly below the average of 1157. Tanzania ranks 85 out of 178 countries in this attribute data.

7. Renewable Internal Freshwater Resources, Total (billion cubic meters): Tanzania has 84 billion cubic meters of renewable internal freshwater resources, significantly lower than the average of 240. Tanzania ranks 62 out of 178 countries in this attribute data.

Summary

Resource Rents

1. Total natural resources rents (% of GDP): Tanzania's value for this attribute is 3.85%, which is below the average of 4.63%. Tanzania ranks 64 out of 175 countries in this dataset.

2. Coal rents (% of GDP): Tanzania's value for coal rents is 0.03% which is significantly below the average of 0.40%. Tanzania ranks 32 out of 65 countries in this dataset.

3. Forest rents (% of GDP): Tanzania's value for forest rents is 2.46%, which is above the average of 1.53%. Tanzania ranks 31 out of 174 countries in this dataset.

4. Natural gas rents (% of GDP): Tanzania's value for natural gas rents is 0.13%, which is well below the average of 1.25%. Tanzania ranks 47 out of 96 countries in this dataset.

5. Mineral rents (% of GDP): Tanzania's value for mineral rents is 1.24%, slightly above the average of 1.23%. Tanzania ranks 23 out of 86 countries in this dataset.

Summary

Tanzania's natural resource rents as a percentage of GDP are generally below the global average, with the exception of forest rents which are above average. Despite ranking moderately in forest and mineral rents, Tanzania falls short in coal and natural gas rents. These statistics are crucial as they highlight Tanzania's potential for revenue generation from its natural resources and indicate areas for potential growth and development.

Commodities

In terms of Cereal production (metric tons), Tanzania's production value of 12,787,449.83 falls below the average production of 17,249,945.93 metric tons. Tanzania ranks 33 out of 174 countries in this dataset.

Tanzania's Aquaculture production of 108,569.16 metric tons is significantly lower than the average of 679,642.92 metric tons, placing Tanzania at the 37th position out of 180 countries for this attribute.

With a Capture fisheries production of 511,056.16 metric tons, Tanzania exceeds the average production of 467,453.06 metric tons. Tanzania ranks 34 out of 190 countries in this category.

Tanzania's Total fisheries production of 619,625.32 metric tons is below the average of 1,153,914.85 metric tons. Tanzania holds the 37th rank out of 182 countries in this aspect.

In terms of Fertilizer consumption (kilograms per hectare of arable land), Tanzania's consumption rate of 16.44 kg/ha is below the average consumption of 159.04 kg/ha. Tanzania is ranked 150th out of 187 countries based on this parameter.

Summary

In summary, Tanzania falls below the global averages in cereal production, aquaculture production, total fisheries production, and fertilizer consumption per hectare of arable land. While exceeding the average in capture fisheries production, the country still lags behind in overall fishery production. These indicators are crucial as they highlight areas where Tanzania may need to focus on improving productivity and efficiency to enhance food security, economic growth, and sustainability in the agriculture and fisheries sectors.

Intellectual Property

Analysis of key stats for various attributes related to Tanzania:

1. Trademark applications, nonresident, by count: Tanzania's value of 1691 is below the attribute average of 15878.93. It ranks 105th out of 130 countries in the dataset.

2. Trademark applications, resident, by count: Tanzania's value of 1934 is well below the attribute average of 111055.78. It ranks 83rd out of 129 countries in the dataset.

3. Scientific and technical journal articles: Tanzania's value of 896.7 is significantly below the attribute average of 15103.76. It ranks 87th out of 192 countries in the dataset.

4. Charges for the use of intellectual property, payments (BoP, current US$): Tanzania's value of 3,299,197.05 is substantially below the attribute average of 3,218,843,494.39. It ranks 117th out of 143 countries in the dataset.

5. Charges for the use of intellectual property, receipts (BoP, current US$): Tanzania's value of 7,983.22 is far below the attribute average of 3,191,687,117.58. It ranks 118th out of 122 countries in the dataset.

Summary

In analyzing key statistics related to Tanzania, it is evident that the country lags behind in various aspects. Tanzania ranks significantly lower in trademark applications, scientific and technical journal articles, and charges for the use of intellectual property compared to the global averages. These findings highlight potential areas for improvement in fostering innovation, research, and intellectual property development within the country to enhance economic competitiveness and growth.

Broad Economy Attributes

Regarding GDP (current US$), Tanzania's value is significantly below the average of $442,870,224,838.68. Tanzania ranks 72 out of 189 countries included in the data.

For GDP, PPP (current international $), Tanzania's value is also below the average of $734,141,122,350.78. Tanzania holds the same rank of 72 out of 181 countries in the dataset.

In terms of GDP per capita (current US$), Tanzania's value of $1,104.16 is notably lower than the average of $15,462.11. Tanzania ranks 163 out of 190 countries included in the dataset.

For GDP per capita, PPP (current international $), Tanzania's value is below the average of $21,251.89. Tanzania ranks 157 out of 181 countries in the data.

Turning to GNI (current US$), Tanzania's value is significantly below the average of $452,040,815,370.70. Tanzania ranks 70 out of 185 countries included in the dataset.

Similarly, for GNI, PPP (current international $), Tanzania's value falls below the average of $730,698,223,823.47. Tanzania maintains the rank of 72 out of 181 countries in the dataset.

Finally, in GNI per capita, PPP (current international $), Tanzania's value is notably lower than the average of $20,615.75. Tanzania ranks 159 out of 181 countries in the data.

Summary

Tanzania's key macroeconomic indicators, including GDP, GDP per capita, and GNI, all fall significantly below global averages. With rankings ranging from 70 to 163 among included countries, Tanzania's economic performance lags behind in terms of overall economic output and income levels. These statistics highlight the challenges facing Tanzania's economy in terms of growth, development, and the well-being of its population.

Broad Value Added

1. Gross value added at basic prices (GVA) (current US$): Tanzania's GVA is $57,200,215,445.72, ranking 69 out of 176 countries. This is below the average GVA of $360,070,943,595.12.

2. Agriculture, forestry, and fishing, value added (% of GDP): Tanzania's value added in this sector accounts for 25.25% of its GDP, ranking 19 out of 182 countries. This is significantly above the average of 10.86%.

3. Agriculture, forestry, and fishing, value added (current US$): Tanzania's value added in this sector is $16,685,594,759.40, ranking 34 out of 182 countries. This is below the average value of $19,924,732,828.07.

4. Services, value added (% of GDP): Tanzania's service sector contributes 34.24% to its GDP, ranking 182 out of 183 countries. This is below the average of 56.72%.

5. Services, value added (current US$): Tanzania's service sector value added is $22,620,266,245, ranking 86 out of 183 countries. This is below the average value added of $295,837,711,130.69.

6. Industry (including construction), value added (current US$): Tanzania's industry value added is $17,894,354,441.39, ranking 73 out of 183 countries. This is below the average value added of $118,421,095,413.50.

Summary

Tanzania's economy shows strengths in the agriculture, forestry, and fishing sectors, contributing significantly to its GDP and ranking relatively well compared to other countries. However, the country lags behind in the service and industry sectors, both in terms of contribution to GDP and rank among other nations. This suggests a potential imbalance in the economy's diversification and may indicate areas for growth and development to enhance overall economic performance.

Manufacturing Value Added

1. Manufacturing, value added (current US$): Tanzania's value of $5,306,725,646.66 for this attribute is significantly below the average of $76,207,179,589.66, ranking 85th out of 173 countries.

2. Manufacturing, value added (% of GDP): Tanzania's percentage of 8.03% is below the average of 11.90% for this attribute, placing it 119th out of 173 countries.

3. Medium and high-tech manufacturing value added (% manufacturing value added): Tanzania's value of 6.96% falls well below the average of 24.49%, ranking 127th out of 149 countries.

4. Chemicals (% of value added in manufacturing): Tanzania's percentage of 4.66% is below the average of 11.56%, positioning it 73rd out of 89 countries.

5. Food, beverages and tobacco (% of value added in manufacturing): Tanzania excels in this attribute with a percentage of 57.57%, well above the average of 24.51%, ranking 4th out of 92 countries.

6. Machinery and transport equipment (% of value added in manufacturing): Tanzania's percentage of 1.71% is significantly lower than the average of 16.85%, placing it 86th out of 93 countries.

7. Textiles and clothing (% of value added in manufacturing): Tanzania's percentage of 6.64% is slightly above the average of 6.33%, ranking 26th out of 93 countries.

8. Other manufacturing (% of value added in manufacturing): Tanzania's percentage of 29.42% is below the average of 42.13%, positioning it 80th out of 94 countries.

Summary

Tanzania's manufacturing sector, as indicated by various key indicators, lags behind the global average in terms of value added to GDP, particularly in high-tech manufacturing and machinery equipment sectors. However, the country shows strength in the food, beverages, and tobacco industry. These findings are crucial as they highlight Tanzania's relative position in the global manufacturing landscape, signaling areas for potential growth and development to enhance economic diversification and competitiveness.

Money

- Inflation, consumer prices (annual %): Tanzania's inflation rate stands at 3.29%, which is below the average of 8.26%. This places Tanzania at rank 56 out of 165 countries in the dataset.

- Inflation, GDP deflator (annual %): Tanzania's GDP deflator inflation rate is 6.42%, slightly below the average of 6.90%. The country ranks 34th out of 188 in this aspect.

- Broad money growth (annual %): Tanzania's broad money growth rate is 5.68%, significantly lower than the average of 18.03%. Tanzania ranks 117th out of 139 countries in this category.

- Broad money (% of GDP): Tanzania's broad money as a percentage of GDP is 19.74%, well below the average of 71.75%. Tanzania is ranked 134th out of 139 countries in this metric.

Summary

Tanzania demonstrates relatively low inflation rates compared to global averages, with a below-average inflation rate of 3.29% and a GDP deflator rate of 6.42%. The country's broad money growth rate of 5.68% and broad money as a percentage of GDP at 19.74% are also notably lower than the global averages. These indicators suggest that Tanzania follows a conservative monetary policy approach, prioritizing stability in prices and money supply control over rapid economic expansion.

Consumption Expenditure

Final consumption expenditure (current US$): Tanzania's value is significantly below the attribute average of $381.63 billion, ranking 77th out of 159 countries.

Final consumption expenditure (% of GDP): Tanzania's value is below the attribute average of 82.37%, ranking 147th out of 159 countries.

General government final consumption expenditure (current US$): Tanzania's value is well below the attribute average of $93.68 billion, ranking 86th out of 158 countries.

General government final consumption expenditure (% of GDP): Tanzania's value is also below the attribute average of 18.71%, ranking 151st out of 158 countries.

Household and NPISHs Final consumption expenditure (current US$): Tanzania's value is notably below the attribute average of $290.13 billion, ranking 69th out of 158 countries.

Households and NPISHs final consumption expenditure (% of GDP): Tanzania's value is below the attribute average of 63.68%, ranking 109th out of 158 countries.

Summary

Tanzania's final consumption expenditure values, both in absolute terms and as a percentage of GDP, indicate its economy is lagging behind the global average. The country ranks relatively low among its peers in terms of government and household spending. These indicators are crucial as they reflect the level of economic activity, the government's role in driving growth, and the purchasing power of households, all of which are essential for sustainable development and economic prosperity.

Equities

1. Listed domestic companies, total: Tanzania has 22 listed domestic companies, which is significantly below the average of 636.625. This ranks Tanzania 64th out of 72 countries in the dataset.

2. Stocks traded, total value (current US$): Tanzania's total value of stocks traded is $18,520,000, much lower than the average of $1,379,501,820.91. This places Tanzania at the 65th position out of 71 countries.

3. Stocks traded, total value (% of GDP): Tanzania's value of stocks traded as a percentage of GDP is 0.028%, well below the average of 31.65%. Tanzania is ranked 70th out of 71 countries for this metric.

4. Market capitalization of listed domestic companies (current US$): The market capitalization of listed domestic companies in Tanzania is $6,481,980,000, which is notably lower than the average of $1,196,037,851,618.88. Tanzania ranks 60th out of 73 countries.

5. Market capitalization of listed domestic companies (% of GDP): Tanzania's market capitalization of listed domestic companies as a percentage of GDP is 9.81%, below the average of 71.24%. This places Tanzania at the 68th position out of 73 countries.

Summary

Tanzania lags behind in key macroeconomic indicators related to its stock market performance and market capitalization of listed domestic companies when compared to the global average. The country has fewer listed domestic companies, lower total value of stocks traded, and smaller market capitalization in both absolute and relative terms. These indicators are crucial as they reflect the depth and efficiency of Tanzania's financial markets, impacting its attractiveness to investors, capital formation capabilities, and overall economic development.

Investment

Foreign direct investment, net (BoP, current US$): Tanzania received a net FDI of -684,887,679.38, which is above the attribute average of -1,615,235,980.51. Tanzania ranks 98th out of 169 countries in this category.

Foreign direct investment, net inflows (BoP, current US$): Tanzania had net FDI inflows of 943,765,261.69, below the attribute average of 5,749,271,080.15. Tanzania is ranked 77th out of 182 countries in this dataset.

Foreign direct investment, net inflows (% of GDP): Tanzania's FDI inflows as a percentage of GDP is 1.43%, lower than the attribute average of 2.61%. The country ranks 100th out of 178 countries for this metric.

Portfolio Investment, net (BoP, current US$): Tanzania experienced a net portfolio investment of -18,366,745.76, ranking 92nd out of 159 countries, below the attribute average of 679,559,169.57.

Portfolio equity, net inflows (BoP, current US$): Tanzania received 5,500,000 in net equity inflows, significantly lower than the attribute average of 9,197,145,994.70. The country ranks 47th out of 125 nations in this data set.

Summary

Tanzania's performance in key macroeconomic indicators such as FDI, net FDI inflows, FDI inflows as a percentage of GDP, and portfolio investments places it below the attribute averages and often towards the bottom half of rankings among countries. This suggests that Tanzania may need to attract more foreign investments to stimulate economic growth and development, as these indicators are crucial for capital inflow, job creation, technology transfer, and overall economic stability.

Debt

1. Total debt service (% of GNI): Tanzania's value is 1.95%, which is below the average of 5.98%. Tanzania ranks 89th out of 120 countries in this attribute data.
2. Public and publicly guaranteed debt service (% of GNI): Tanzania's value is 1.85%, below the average of 2.84%. The country ranks 64th out of 120 countries for this statistic.
3. External debt stocks (% of GNI): Tanzania's value is 39.42%, lower than the average of 65.42%. Tanzania ranks 78th out of 120 countries in this category.
4. Debt service on external debt, total (TDS, current US$): Tanzania's value is $1,266,730,345.2, less than the average of $9,811,195,839.23. Tanzania is ranked 58th out of 123 countries considered for this indicator.
5. Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$): Tanzania's value is $1,199,265,472.5, below the average of $3,310,612,057.60. The country ranks 41st out of 123 countries for this metric.
6. External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$): Tanzania's value is $17,629,901,449.4, well below the average of $28,695,879,144.98. Tanzania is ranked 40th out of 123 countries in this attribute.
7. External debt stocks, private nonguaranteed (PNG) (DOD, current US$): Tanzania's value is $4,491,237,000, significantly lower than the average of $33,734,699,285.22. Tanzania ranks 50th out of 91 countries for this variable.
8. External debt stocks, total (DOD, current US$): Tanzania's value is $25,546,402,957.4, well below the average of $73,845,530,111.82. The country is ranked 44th out of 123 countries in this category.

Summary

Tanzania generally displays lower levels of debt service and external debt stocks compared to the global averages, indicating a relatively manageable debt burden. However, the country still ranks lower in various debt-related indicators, suggesting room for improvement in managing debt sustainability and fiscal responsibility. These statistics are crucial as they provide insight into Tanzania's financial health, its ability to service debts, and its attractiveness to foreign investors.

Broad Trade Attributes

Trade (% of GDP): Tanzania's trade value accounts for 27.96% of its GDP, which is below the average of 82.34%. This places Tanzania at rank 155 out of 163 countries.

Merchandise trade (% of GDP): Tanzania's merchandise trade as a percentage of GDP stands at 21.95%, below the average of 60.01%. Tanzania is ranked 179 out of 186 countries in this aspect.

Trade in services (% of GDP): Tanzania's trade in services is 5.26% of its GDP, significantly lower than the average of 24.63%. Tanzania ranks 162 out of 171 countries for this metric.

External balance on goods and services (current US$): Tanzania's external balance on goods and services is in deficit, amounting to -631,133,182.71 USD. This is below the average of 3,405,509,011.13 USD. Tanzania is placed at rank 96 out of 163 countries.

External balance on goods and services (% of GDP): Tanzania's external balance as a percentage of GDP is -0.96%, contrasting with the average of -5.97%. This places Tanzania at rank 72 out of 163 countries.

Summary

Trade plays a significant role in Tanzania's economy, with its overall trade value accounting for 27.96% of GDP. However, both merchandise trade and trade in services as a percentage of GDP are below global averages, indicating potential areas for growth and economic diversification. The country's external balance on goods and services is in deficit, which could impact its overall economic stability and reliance on foreign trade.

Net Trade

- The Current account balance in US dollars for Tanzania is significantly below the average, ranking at 114 out of 170 countries. This indicates a negative balance for Tanzania compared to the rest of the countries analyzed.

- Tanzania's Current account balance as a percentage of GDP is also below the average, standing at 87 out of 170 countries. While still negative, the country performs relatively better in this aspect compared to its peers.

- In terms of Net trade in goods and services in US dollars, Tanzania is below the average, ranking at 98 out of 171 countries. This implies a deficit in trade for Tanzania compared to the dataset.

- Tanzania falls slightly below the average for Net primary income in US dollars, ranking at 102 out of 170 countries. This suggests that Tanzania's primary income from foreign sources is marginally lower than the average.

- The Net secondary income for Tanzania in US dollars is notably above the average, ranking at 86 out of 170 countries. This indicates that Tanzania receives a higher amount of secondary income compared to the dataset.

- Tanzania's Net trade in goods in US dollars is below the average, standing at 111 out of 171 countries. This signifies a deficit in goods trade for Tanzania compared to its counterparts.

- In terms of Net capital account in US dollars, Tanzania is above the average, ranking at 32 out of 159 countries. This indicates that Tanzania's capital flow performs better than the average of the dataset.

- Tanzania's Net financial account in US dollars is below the average, ranking at 125 out of 170 countries. This suggests that Tanzania's financial account balance is poorer compared to the dataset average.

Summary

Tanzania displays mixed performance in key macroeconomic indicators. While it struggles with deficits in current account balance, net trade in goods, and net financial account, the country excels in attracting secondary income and managing the capital account. These indicators are crucial as they reflect Tanzania's economic relationships with other countries, showing areas of strength and areas needing improvement for sustainable economic development.

Broad Export Attributes

- Tanzania's exports of goods, services and primary income amount to $8,666,673,098.63, which is significantly below the average of $146,238,908,936.30. Tanzania ranks 94th out of 170 countries in this aspect.
- The country's exports of goods and services total $8,555,483,605.27, also falling below the average of $122,938,540,059.78. Tanzania holds the 94th position out of 170 countries for this attribute.
- Tanzania's exports of goods and services, valued at $8,921,839,002.43, are lower than the average of $129,596,864,610.19. The country ranks 87th out of 163 nations in this category.
- With goods and services exports accounting for 13.50% of its GDP, Tanzania is below the average of 38.19%. This places Tanzania at the 146th position out of 163 countries for this metric.
- Tanzania's goods exports of $6,371,715,783.64 are notably under the average of $93,310,581,697.39. The country ranks 92nd out of 171 nations for this attribute.
- ICT goods exports contribute to just 0.09% of Tanzania's total goods exports, significantly below the average of 3.81%. Tanzania is ranked 110th out of 142 countries in this regard.

Summary

Tanzania's export performance lags significantly behind global averages in various categories such as total exports of goods, services, and primary income, goods and services exports, and goods exports as a percentage of GDP. These lower export figures indicate potential challenges in diversifying the economy, expanding market access, and enhancing competitiveness on the global stage. Improving export capabilities may be crucial for Tanzania's economic growth, job creation, and overall development in the long term.

Merchandise Exports

Merchandise exports in Tanzania amount to $6,061,000,000, ranking 102nd out of 187 countries. This is significantly below the average merchandise exports of $89,542,711,229.95.

Agricultural raw materials exports contribute to 3.30% of Tanzania's merchandise exports. This places Tanzania at 36th out of 151 countries, above the average of 2.97%.

Tanzania's food exports represent 27.82% of its merchandise exports, ranking 46th out of 152 countries. This is higher than the average of 24.06%.

Only 0.82% of Tanzania's merchandise exports are fuel-related, placing the country at 111th out of 147 countries. The average fuel exports stand much higher at 13.70%.

Ores and metals exports in Tanzania contribute to 7.17% of merchandise exports, ranking 39th out of 152 countries. This is slightly below the average of 9.10%.

Tanzania's residual merchandise exports by the reporting economy only make up 0.02% of total merchandise exports. This places Tanzania at 127th out of 166 countries, well below the average of 3.20%.

Summary

Tanzania's economy heavily relies on agricultural raw materials and food exports, which account for a significant portion of its merchandise exports. However, the low contribution of fuel-related and residual merchandise exports indicates a potential lack of diversification in its export sector. This over-reliance on specific export categories could pose risks in terms of vulnerability to price fluctuations and market demand shifts, highlighting the importance of diversifying Tanzania's export base to ensure economic stability and resilience in the long run.

Technology Exports

Analysis of key statistics for Tanzania:

1. Manufactures exports (% of merchandise exports): Tanzania's value of 11.43% is below the average of 42.62%. It ranks 121 out of 152 countries in this attribute.

2. High-technology exports (current US$): Tanzania's value of $18,385,842 is significantly below the average of $16,655,934,078.80. It ranks 103 out of 151 countries in this attribute.

3. High-technology exports (% of manufactured exports): Tanzania's value of 2.69% is below the average of 10.15%. It ranks 106 out of 150 countries in this attribute.

4. Medium and high-tech exports (% manufactured exports): Tanzania's value of 17.71% is below the average of 34.29%. It ranks 100 out of 149 countries in this attribute.

Summary

In summary, Tanzania is lagging behind in key indicators related to exports, such as manufactures exports, high-technology exports, and medium and high-tech exports. This indicates a lower level of diversification and competitiveness in its export sector compared to the global average, impacting its economic growth potential and ability to participate in high-value global markets.

Service Exports

Service exports in Tanzania amount to $2.18 billion, significantly below the average of $28.92 billion, ranking 86th out of 171 countries.

ICT service exports in Tanzania are $13.57 million, well below the average of $4.58 billion, placing Tanzania at 130th out of 166 countries.

ICT service exports as a percentage of total service exports in Tanzania stands at 0.62%, much lower than the average of 11.75%, ranking Tanzania 159th out of 166 countries.

Communications, computer, etc. services as a percentage of service exports in Tanzania constitute 7.02%, significantly lower than the average of 45.85%, placing Tanzania at 165th out of 169 countries.

Transport services account for 58.83% of Tanzania's service exports, surpassing the average of 21.80%, ranking Tanzania at 9th out of 169 countries.

Travel services make up 32.72% of Tanzania's service exports, slightly above the average of 26.40%, positioning Tanzania at 54th out of 167 countries.

Insurance and financial services represent 1.43% of Tanzania's service exports, below the average of 6.46%, ranking Tanzania 125th out of 161 countries.

Summary

Tanzania's service exports are significantly below the global average across various sectors, such as ICT, communications, and financial services. This indicates a potential lack of competitiveness and diversification in Tanzania's service export industry, which could hinder the country's overall economic growth and global market presence.

Commercial Service Exports

- Commercial service exports in Tanzania amount to $2.18 billion, ranking 85th out of 171 countries. This is significantly below the average of $28.50 billion. - Travel services account for 32.78% of Tanzania's commercial service exports, surpassing the average of 27.89%. Tanzania ranks 55th out of 167 countries. - Tanzania's contribution of Computer, communications and other services to commercial exports is 6.84%, notably lower than the average of 42.44%, placing Tanzania 159th out of 169 countries. - Insurance and financial services comprise 1.44% of Tanzania's commercial service exports, below the average of 6.97%. Tanzania ranks 125th out of 161 countries. - Transport services make up 58.94% of Tanzania's commercial service exports, exceeding the average of 23.37%. Tanzania's rank is 12th out of 169 countries.

Summary

Tanzania's commercial service exports are below the global average, with a significant reliance on travel services and transport services. The country excels in the export of travel services, ranking higher than average, but lags behind in computer, communications, and financial services exports. This information is crucial as it highlights Tanzania's strengths and weaknesses in its service export sector, providing valuable insights for policymakers and investors aiming to diversify and boost the country's export capabilities.

Broad Import Attributes

Imports of goods and services (current US$): Tanzania's value of $9,552,972,185.14 is significantly below the average of $12,619,135,599.06. Tanzania ranks 95 out of 163 countries in this attribute.

Imports of goods and services (% of GDP): Tanzania's value of 14.46% is below the average of 44.15%. Tanzania ranks 159 out of 163 countries in this attribute.

ICT goods imports (% total goods imports): Tanzania's value of 3.85% is below the average of 6.85%. Tanzania ranks 102 out of 143 countries in this attribute.

Goods imports (BoP, current US$): Tanzania's value of $7,888,959,225.93 is significantly below the average of $92,007,788,027.17. Tanzania ranks 96 out of 171 countries in this attribute.

Imports of goods and services (BoP, current US$): Tanzania's value of $9,181,000,965.26 is significantly below the average of $120,321,577,988.12. Tanzania ranks 99 out of 170 countries in this attribute.

Imports of goods, services and primary income (BoP, current US$): Tanzania's value of $10,188,539,220.57 is significantly below the average of $144,514,428,722.28. Tanzania ranks 101 out of 170 countries in this attribute.

Summary

Tanzania demonstrates lower-than-average values across key macroeconomic indicators related to imports of goods and services, both in absolute terms and as a percentage of GDP. This indicates a potential challenge in terms of trade competitiveness and economic resilience. The country's rankings being consistently below average in these indicators further highlight the need for strategic policies to boost imports, enhance trade relationships, and improve economic diversification to spur growth and development.

Merchandise Imports

Merchandise imports (current US$): Tanzania's merchandise imports amount to $8,439,000,000, ranking 98th out of 190 countries. This value is significantly below the average of $89,385,605,263.16 for all countries in the dataset.

Manufactures imports (% of merchandise imports): Tanzania's manufacturing imports account for 72.32% of its merchandise imports. This places Tanzania at 46th out of 152 countries, which is above the average of 66.76%.

Agricultural raw materials imports (% of merchandise imports): Tanzania's imports of agricultural raw materials represent 1.71% of its merchandise imports, ranking 33rd out of 152 countries. This is higher than the average of 1.27%.

Food imports (% of merchandise imports): Tanzania's food imports make up 8.18% of its merchandise imports, placing the country at 136th out of 152 countries. This value is below the average of 15.89%.

Fuel imports (% of merchandise imports): Tanzania's fuel imports account for 16.21% of its merchandise imports, ranking 28th out of 152 countries. This is higher than the average of 11.38%.

Ores and metals imports (% of merchandise imports): Tanzania's imports of ores and metals represent 1.57% of its merchandise imports, placing the country at 82nd out of 152 countries. This value is below the average of 2.57%.

Merchandise imports by the reporting economy, residual (% of total merchandise imports): Tanzania's residual merchandise imports account for 0.02% of its total merchandise imports, ranking 146th out of 180 countries. This value is significantly below the average of 2.51%.

Summary

Tanzania's imports are notably skewed towards manufactured goods, with a high proportion of its merchandise imports consisting of manufacturing imports. Additionally, the country imports a significant amount of fuel compared to other countries in the dataset. These import trends indicate a reliance on manufactured products and fuel, which may have implications for Tanzania's industrialization strategy and energy security.

Service Imports

Service imports (BoP, current US$): Tanzania's value for service imports is significantly below the average of $27,615,356,170.47. With a rank of 113 out of 171 countries, Tanzania is among the lower end in terms of service imports.

Communications, computer, etc. (% of service imports, BoP): Tanzania's percentage for this attribute is below the average of 44.40%, ranking 121 out of 169 countries. The country relies less on communications and computer services in its service imports.

Transport services (% of service imports, BoP): Tanzania excels in this attribute with a value of 45.17%, higher than the average of 32.90%. With a rank of 33 out of 169 countries, Tanzania demonstrates a strong focus on transport services in its import sector.

Travel services (% of service imports, BoP): Tanzania's focus on travel services in its imports, at 15.78%, is slightly above the average of 14.14%. The country ranks 53 out of 169 countries, indicating a moderate reliance on travel services.

Insurance and financial services (% of service imports, BoP): Tanzania's emphasis on insurance and financial services in its imports is below the average of 8.53%, standing at 5.34%. With a rank of 101 out of 169 countries, Tanzania has room for growth in this sector.

Summary

Tanzania's service imports are significantly below the global average, ranking towards the lower end among countries. The country excels in importing transport services but relies less on communications, computer services, insurance, and financial services. These findings indicate Tanzania's strong focus on transport services, potentially indicating a need for development in other service sectors to diversify its import portfolio and enhance economic growth and resilience.

Commercial Service Imports

Commercial service imports in Tanzania amount to $1,177,281,573.18, ranking 115 out of 171 countries. This value is significantly below the average commercial service imports of $27,102,746,128.60.

Computer, communications, and other services represent 27.24% of Tanzania's commercial service imports. This percentage falls below the average of 41.71% and ranks Tanzania 125 out of 169 countries.

Insurance and financial services account for 5.86% of Tanzania's commercial service imports, ranking the country 95 out of 169. This percentage is lower than the average of 8.85%.

Transport services make up 49.58% of Tanzania's commercial service imports, placing the country at a high rank of 30 out of 169 countries. This percentage is notably higher than the average of 34.71%.

Travel services contribute 17.31% to Tanzania's commercial service imports, ranking the country 52 out of 169. This percentage is slightly above the average of 14.73%.

Summary

In Tanzania, commercial service imports are relatively low compared to the global average, totaling $1,177,281,573.18 and ranking 115th out of 171 countries. The country's import composition shows a higher reliance on transport services at 49.58% and a lower share of computer, communications, and other services at 27.24%.

These findings are crucial as they highlight Tanzania's trade patterns and economic dependencies. The country's heavy reliance on transport services for imports may indicate infrastructure development needs or specific trade partnerships. Meanwhile, the lower share of computer and communication services underscores potential areas for growth and diversification in the economy, aligning with broader trends in the digital economy.

Infrastructure

1. Air transport, freight (million ton-km): Tanzania's value of 0.857 million ton-km is significantly below the average of 1384.365 million ton-km, ranking 106th out of 126 countries in this dataset.

2. Air transport, registered carrier departures worldwide: Tanzania's 42,693 departures fall below the global average of 134,365 departures, placing Tanzania at the 48th position out of 149 countries.

3. Air transport, passengers carried: With 823,670 passengers carried, Tanzania is well below the average of 11,848,242 passengers, ranking at 76 out of 149 countries.

4. Container port traffic (TEU: 20 foot equivalent units): Tanzania's 709,881 TEU in container port traffic is notably lower than the average of 6,907,110 TEU, positioning Tanzania at the 73rd spot out of 110 countries.

Summary

Tanzania underperforms in key macroeconomic indicators related to air transport and container port traffic compared to global averages. The low values in air transport, freight, registered carrier departures, passengers carried, and container port traffic indicate potential challenges in transportation infrastructure and logistics efficiency in Tanzania. Addressing these deficiencies is crucial for improving connectivity, facilitating trade, and enhancing the country's economic competitiveness on a global scale.

Information Technology Infrastructure

For Secure Internet servers in Tanzania, the country has 2,281 servers, significantly lower than the average of 458,294 servers. Tanzania ranks 96 out of 193 countries in this dataset.

For Secure Internet servers per 1 million people, Tanzania has 36.97 servers, well below the average of 14,067 servers. Tanzania ranks 156 out of 193 countries for this metric.

Regarding Individuals using the Internet (% of population) in Tanzania, 23.45% of the population is connected, lower than the average of 64.77%. Tanzania ranks 162 out of 180 countries in this aspect.

In terms of Fixed broadband subscriptions, Tanzania has 1,135,608 subscriptions, below the average of 6,591,956 subscriptions. The country ranks 68 out of 185 countries for fixed broadband.

For Mobile cellular subscriptions, Tanzania has 51,220,233 subscriptions, above the average of 42,526,463 subscriptions. Tanzania ranks 30 out of 193 countries in this category.

Summary

Tanzania lags behind global averages in secure internet servers, secure internet servers per 1 million people, individuals using the internet, and fixed broadband subscriptions but exceeds the average in mobile cellular subscriptions. This highlights a significant digital divide within the country, with limited access to key technologies and services such as high-speed internet and broadband. Addressing these disparities is crucial for Tanzania's economic development and competitiveness in the digital age.

Energy Consumption

For Renewable energy consumption (% of total final energy consumption), Tanzania's value of 83.95% is significantly above the average of 32.18%. This places Tanzania at a rank of 12 out of 191 countries in the dataset.

Regarding CO2 emissions (kt), Tanzania has a value of 14,435.5 kt, much below the average of 171,895.94 kt. This places Tanzania at a rank of 94 out of 188 countries in the dataset.

Summary

Tanzania's high renewable energy consumption, far above the global average, showcases its commitment to sustainable energy practices, positioning it as a leader in the transition towards clean energy. Additionally, its relatively low CO2 emissions indicate a lower environmental impact compared to many other nations, reflecting a positive environmental stewardship and potential for mitigating climate change.

Government Balance Sheet

1. Reserves and related items (BoP, current US$): Tanzania has a focus country value of -756039409.25, which is below the attribute average of 1924407186.58. Tanzania's rank for this attribute is 137 out of 171 countries.

Summary

Tanzania's reserves and related items, with a value of -756,039,409.25, are significantly below the average of 1,924,407,186.58 for the countries analyzed, ranking Tanzania 137th out of 171 countries. This indicates that Tanzania may face challenges in managing its balance of payments and currency stability, potentially impacting its ability to respond to external economic shocks and maintain investor confidence.

Taxes

Tanzania's applied weighted mean tariff rate for all products is 8.94%, which is above the attribute average of 5.21%. The country ranks 35th out of 153 countries in this aspect.

Summary

Tanzania's applied weighted mean tariff rate for all products is 8.94%, surpassing the global average of 5.21%. This positions Tanzania as the 35th highest out of 153 countries in terms of tariff rates. These findings are significant as they indicate that Tanzania has a relatively higher level of protectionism through tariffs compared to the global average, potentially impacting its trade competitiveness, foreign investments, and overall economic growth.

Top Stats

Ranks in Top Decile For:

Attribute	Rank/Total
Population ages 0-14 (% of total population)	13/194
Population ages 0-14, total	14/194
Rural population	13/190
Age dependency ratio (% of working-age population)	12/194
Birth rate, crude (per 1,000 people)	12/192
Fertility rate, total (births per woman)	12/190
Forest area (sq. km)	16/191
Food, beverages and tobacco (% of value added in manufacturing)	4/92
Transport services (% of service exports, BoP)	9/169
Transport services (% of commercial service exports)	12/169
Renewable energy consumption (% of total final energy consumption)	12/191

Ranks in Bottom Decile For:

Attribute	Rank/Total
Population ages 15-64 (% of total population)	183/194
Armed forces personnel (% of total labor force)	161/164
Charges for the use of intellectual property, receipts (BoP, current US$)	118/122
Services, value added (% of GDP)	182/183
Machinery and transport equipment (% of value added in manufacturing)	86/93
Broad money (% of GDP)	134/139
Final consumption expenditure (% of GDP)	147/159
General government final consumption expenditure (% of GDP)	151/158
Stocks traded, total value (current US$)	65/71
Stocks traded, total value (% of GDP)	70/71
Market capitalization of listed domestic companies (% of GDP)	68/73
Trade (% of GDP)	155/163
Merchandise trade (% of GDP)	179/186
Trade in services (% of GDP)	162/171
ICT service exports (% of service exports, BoP)	159/166
Communications, computer, etc. (% of service exports, BoP)	165/169
Computer, communications and other services (% of commercial service exports)	159/169
Imports of goods and services (% of GDP)	159/163