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Tanzania has a current population of 55.57 million people.[1] Current statistics form the World Bank show that in 2011, 49.1% of Tanzanians lived below US$1.90 per day. This figure is an improvement over 2007's report indicating a poverty rate of 55.1%.[2] Tanzania has seen annual GDP gains of 7% since 2010 and this economic growth is attributed to this positive trends for poverty alleviation in Tanzania.[1] The 2019 World Bank report showed that in the last 10 years, poverty has reduced by 8 percent, from 34.4% in 2007 to 26.4% in 2018.[3]
Recently there has been statistical reductions in the levels of extreme poverty, basic needs poverty, and food poverty. However, these reductions are occurring faster in urban areas as compared to rural areas.[4]
^ abEconomides, Nicholas; Jeziorski, Przemyslaw (November 2017). "Mobile Money in Tanzania" (PDF). Marketing Science. 36 (6): 815–837. doi:10.1287/mksc.2017.1027. ISSN 0732-2399. S2CID 3645808. Archived from the original (PDF) on 19 February 2020.
^"Tanzania Mainland Poverty Assessment: A New Picture of Growth for Tanzania Emerges". World Bank. Retrieved 28 April 2018.
^"Tanzania's Path to Poverty Reduction and Pro-Poor Growth". World Bank. 1 December 2019.
^Cite error: The named reference :1 was invoked but never defined (see the help page).
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