Economy
Zanzibar economy has been stable for years. The GDP growth increases from 6.6 percent in 2015 to 7.5 percent 2017. Similarly, per capita income increased from US$ 818 in 2015 to 907 in 2017. A summary of various socio-economic indicators for Zanzibar are provided below:
|
GDP at market prices |
2015 |
2016 |
2017 |
||||
|
At current prices (Billion shillings) |
2,310 |
2,628 |
3,101 |
||||
|
At constant 2007 prices (Billion shillings) |
1,188 |
1,269 |
1,363 |
||||
|
Quantity index (2007=100) |
162 |
173 |
186 |
||||
|
Constant price growth rates (%) |
6.5 |
6.8 |
7.5 |
||||
|
Implicit price deflators (2007=100) |
194 |
207 |
227 |
||||
|
GDP per capita at current prices |
|||||||
|
GDP per capita (Tshs '000) |
1,633 |
1,806 |
2,021 |
||||
|
GDP per capita (US $) |
818 |
830 |
907 |
||||
|
GDP per capita at constant 2007 prices |
|||||||
|
GDP per capita (Tshs '000) |
840 |
871 |
889 |
||||
|
GDP per capita (US $) |
673 |
699 |
713 |
||||
|
Memorandum items |
|||||||
|
Population ('000) |
1,414 |
1,455 |
1,534 |
||||
|
Exchange rate Tshs per US $ |
1,997 |
2,177 |
2,229 |
Source: Office of the Chief Government Statistician, Zanzibar
Note: p = provisional