This report presents the official Quarterly Gross Domestic Product (QGDP) estimates for Tanzania Mainland. It is the set of results for second quarter of 2009. The compilation of QGDP follows the need of having appropriate policy interventions which can be achieved through reliable and frequent reports on recent economic developments.
In the report, the real growth rates are measured as the rate of change on QGDP for current year as compared to the QGDP for the previous year. For example, the real growth rate for the second quarter for the year 2009 is compared to the second quarter for the year 2008. However, in measuring the rate of growth due to seasonality effects, the change has been measured between the adjacent quarters in the same year.
The Real Gross Domestic Product at market prices is estimated to have increased at a rate of 5.2 percent in the second quarter of 2009 compared to a rate of 7.3 percent in the second quarter of 2008.
In absolute terms, the QGDP for the quarter was 3,930,216 Million shillings in 2009 compared to shillings 3,736,338 Million shillings in 2008