The Economic Survey

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    Economic Survey, 2024
    (Ministry of Finance, 2025-08) The United Republic of Tanzania
    In 2024, real Gross Domestic Product (GDP) amounted to 156,635.32 billion shillings compared with 148,521.02 billion shillings recorded in 2023, equivalent to a growth of 5.5 percent compared with 5.1 percent growth recorded in 2023. The growth was attributed to: continued implementation of strategic and flagship projects particularly in energy and transport infrastructure; commencement of electricity generation at Julius Nyerere Hydropower Project; commencement of Dar es Salaam - Morogoro - Dodoma passenger transportation through the Standard Gauge Railway (SGR); increase in credit to the private sector; prudent implementation of monetary policies; favorable weather conditions that enhanced agricultural production; and Government investments in social services, including education, health, water and social protection.