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My EIU > Country > Tanzania
Tanzania
Summary Politics Economy Risk
In brief
Samia Suluhu Hassan, a former vice-president and a Forecast updates
member of the ruling party, Chama Cha Mapinduzi, was
sworn in as president following the death of her Economy | September 18th 2023
predecessor, John Magufuli, in March 2021. She is Pipeline hold-up will delay Ugandan oil
expected to remain in office until 2025 and is likely to be exports until 2027 ◊
voted back in for a second term as head of state in that The hold-up means that oil export
year. Policy under Ms Samia will continue to be geared earnings for Uganda and services export
towards improving the business environment in order to earnings for Tanzania will only begin in
2027.
unlock foreign investment and drive growth. Real GDP
More >
expansion in the 2023-27 forecast period will remain brisk
and broad-based, and the services and industry sectors will Politics | September 14th 2023
be the core drivers of this. A cross-border oil project with
Tanzania's cabinet reshuffle signals policy
Uganda will finally make progress, after some delays. continuity ◊
The reshuffle will help the president to
Read more: Uganda-Tanzania oil pipeline: Uganda's consolidate power, and a technocratic
maiden oil project boosts growth outlook cabinet will aid policy execution.
More >
Economy | September 11th 2023
Featured analysis G20 awards permanent membership to
the African Union ◊
Africa is still a battleground for global
competition, but the African Union is
Politics | September 13th 2023 gradually building greater cohesion.
More >
Africa's next wave of military coups ◊
Attempted coups are an ever-present risk across Africa's "coup
See all
belt" spanning the Sahel. More >
Economy | August 29th 2023 Quick links
Qatar Airways expands aviation co-operation with Rwanda ◊ Forecast summary ◊
Qatar's establishment of a cargo hub in Rwanda supports the Election watch ◊
Gulf country's logistics ambitions. More >
Politics | August 9th 2023 Origin of GDP
Russia bids for African support at Russia-Africa summit ◊ (% real change) = 2023 = 2024
Agriculture
Political and defence ties will remain robust despite Western
pressure on African countries to shun Russia. More >
Industry
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Services
Economic growth Expenditure on GDP
(% unless otherwise indicated) (% real change) = 2023 = 2024
2022 2023 2024 Private consumption Source: The Economist Intelligence Unit
US GDP 2.1 1.8 0.9
OECD GDP 2.6 1.3 1.3
World GDP 3.1 2.3 2.4
Government consumption
World trade 3.3 1.6 3.2
Source: The Economist Intelligence Unit
Gross fixed investment
Exports of goods & services
Imports of goods & services
Source: The Economist Intelligence Unit
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