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Tanzania rebases economy, 2015 GDP now 3.8 per cent larger

Tanzania Currency
Tanzania Currency. [Photo: Courtesy]

Tanzania has changed the base year it uses to calculate economic output to 2015, and data from the National Bureau of Statistics showed its economy was 3.8 per cent larger in that year.

The bureau said in a document seen by Reuters on Wednesday it had changed the base year from 2007 previously, and calculated the economy’s size in 2015 at Sh94.3 trillion (USD40.56 billion) at current prices, up from Sh90.8 trillion (USD39.05 billion) using 2007 as the base year.

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