Tanzania has the second largest economy in the East African Community and the tenth largest in Africa. It is largely dependent on agriculture for employment, accounting for about half of the employed workforce.[1] An estimated 34 percent of Tanzanians currently live in poverty.[2] The economy has been transitioning from a command economy to a market economy since 1985. Although total GDP has increased since these reforms began, GDP per capita dropped sharply at first, and only exceeded the pre-transition figure in around 2007.[3]
- ^ Statistical Abstract 2013, National Bureau of Statistics, Tanzania Ministry of Finance, July 2014, accessed 22 October 2014 Archived 17 April 2015 at the Wayback Machine
- ^ "Economic Growth and Trade". USAID. 11 February 2014.
- ^ "Tanzania: The Story of an African Transition" (PDF). International Monetary Fund. 2009.