Resources
Country Profile: Tanzania
September 5, 2025
Tanzania’s economy presents a robust and favorable environment for Virginia exporters. Strong macroeconomic fundamentals, pro-business reforms, a young and rapidly urbanizing population, and a national development agenda prioritizing infrastructure and industrialization create a supportive context for investment. The country’s real GDP growth was 5.5% in 2024, is projected to reach 6.0% in 2025, and is coupled with low inflation of 3.2% (April 2025), creating a favorable investment climate. Policy reforms have restored international confidence, unlocking funding for large-scale projects that drive demand for U.S. and Virginia-made capital goods. Key sectors like construction, agriculture, energy, manufacturing, mining, and healthcare offer significant, high-growth export opportunities that align with Virginia’s industrial strengths.