The Tanzanian GDP composition showcases significant reliance on agriculture, which contributes 31.16% as of 2023, maintaining a dominant presence in the economy. The service sector, at 22.62%, shows steady growth, reflecting increased efficiency and diversification. Construction and trade sectors respectively contribute 14.96% and 12.54%, driven by urbanization and retail activities. Meanwhile, the industrial sector, including mining, manufacturing, and utilities, constitutes 12% of the GDP. Transport and communication are supportive at 6.72%. Over the last two years, these sectors exhibit stable growth, with the highest CAGR noted in the service and construction sectors, indicating ongoing economic transformation.
▶ Future trends to monitor include the impact of technological advancements in agriculture, infrastructure developments boosting construction, and potential increases in service sector contributions. Additionally, regulatory changes and global market access will significantly influence growth trajectories across these sectors.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Agriculture, hunting, forestry, fishing | 31.16 | 2016 | |
| 2 | 2 Services | 22.62 | 2016 | |
| 3 | 3 Construction | 14.96 | 2016 | |
| 4 | 4 Wholesale, retail trade, restaurants and hotels | 12.54 | 2016 | |
| 5 | 5 Mining, Manufacturing, Utilities | 12 | 2016 | |
| 6 | 6 Transport, storage and communication | 6.72 | 2016 |