Tanzania’s population is set to grow by 15% in the next decade according to ABiQ’s forecasting tool, hitting 68.2 million people.

The country’s latest GDP is just over US $62 billion, equalling $1,000 per capita. Like many of the other African countries, its predominantly an agricultural economy with a strong mining focus. This makes up the bulk of its exports.

Electricity demand will reach 2.6GW and nearly 4.5 million new housing units will be required by 2030. Based on a booming population an estimated 1 million square metres of retail space will also be needed by 2030.

Our forecasting tool has estimated that there will be around 13.5 million children at school and if we assume a ratio of 30 children per teacher, that would translate into 13,300 new teachers that have to be trained and developed over the next decade.

In addition to this, the healthcare system will need approximately 68 new hospitals and 2,000 new physicians to maintain the current standard of living.

Want to know more about Tanzania or other African markets? Get in touch

 

  Tanzania
Population in 2020 58.6 million
Population by 2030 68.2 million
GDP 2019 $ 62.2 bn
Electricity Capacity required by 2030 2,580 MW
Potable Water required by 2030 4.9 bn cm3
New housing by 2030 4.4 million units
Additional retail by 2030 1 million m2
Children in school by 2030 13.5 million
New Hospitals required by 2030 68 new hospitals
Looking to generate leads and develop your business in Africa and the Middle East?
Book a free demo.

You have Successfully Subscribed!

Did you find what you were looking for?

Join our mailing list to receive the latest news and updates from our team.