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