The state-run National Bureau of Statistics said the east African country’s GDP stood at 69.8 trillion Tanzanian shillings ($41.33 billion) in 2013 after the rebasing, up from a previous estimate of 53 trillion shillings.
This GDP calculation were changed to 2007 from 2001. The Finance Minister, Saada Mkuya said: “The rebasing of the GDP takes into account new transformations in the economy, such as the on going mobile phone revolution in the country.”