Economy of Tanzania. Statistics, Data and Indicators
Tanzania
| 0 | Credit rank #112 |
| N/A | Quality of life # |
| 87 | Corruption rank#94 |
| 141 | Ease of doing business#128 |
Tanzania Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 67.78 USD Billion | 2021 |
| GDP Annual Growth Rate | 4.9 % | 4Q/21 |
| GDP per capita | 1061 USD | 2020 |
| Inflation Rate YoY | 4 % | May/22 |
| Interest Rate | 5 % | May/22 |
| Unemployment Rate | 9.5 % | 2020 |
| Wages | 362400 TZS/Month | 157.44 USD/Month | 2016 |
| Balance of Trade | -1372 USD Million | -1.372 B USD | 1Q/22 |
| Current Account | -1316 USD Million | -1.316 B USD | 1Q/22 |
| Government Debt | 9748 USD Million | 9.748 B USD | Apr/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 67.78 USD Billion | 2021 |
| GDP Annual Growth Rate | 4.9 % | 4Q/21 |
| GDP per capita | 1061 USD | 2020 |
| GDP per capita PPP | 2933 USD | 2021 |
| GDP From Agriculture | 10031318 TZS million | 4.301 B USD | 4Q/21 |
| GDP From Construction | 5072162 TZS million | 2.174 B USD | 4Q/21 |
| GDP From Manufacturing | 3043420 TZS million | 1.305 B USD | 4Q/21 |
| GDP From Mining | 1701661 TZS million | 0.73 B USD | 4Q/21 |
| GDP From Public Administration | 1461479 TZS million | 0.627 B USD | 4Q/21 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 37.8 % | 2019 |
| Government Debt | 9748 USD Million | 9.748 B USD | Apr/22 |
| Government Budget to GDP | -2.6 % | 2020 |
| Military Expenditure | 639 USD Million | 0.639 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 108 index points | May/22 |
| Export Prices | 109 index points | 2Q/21 |
| Food Inflation | 5.5 % | May/22 |
| Gasoline Prices | 1.42 USD/Liter | Jun/22 |
| Import Prices | 103 index points | 2Q/21 |
| Inflation Rate YoY | 4 % | May/22 |
| Producer Prices | 104 index points | 4Q/19 |
| Inflation Rate Mom | 0.5 % | May/22 |
| Core Consumer Prices | 107 Index Points | May/22 |
| Core Inflation Rate | 3 % | May/22 |
| CPI Housing Utilities | 109 Index Points | May/22 |
| CPI Transportation | 110 Index Points | May/22 |
| Producer Prices Change | 4.4 % | 4Q/19 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -1.5 % | 2020 |
| Balance of Trade | -1372 USD Million | -1.372 USD Billion | 1Q/22 |
| Capital Flows | 508 USD Million | 0.508 B USD | 1Q/22 |
| Current Account | -1316 USD Million | -1.316 USD Billion | 1Q/22 |
| Exports | 1510 USD Million | 1.51 USD Billion | 1Q/22 |
| External Debt | 28082 USD Million | 28.082 USD Billion | Apr/22 |
| Imports | 2394 USD Million | 2.394 USD Billion | 2Q/21 |
| Terms of Trade | 106 Index points | 2Q/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 14.12 % | Apr/22 |
| Interest Rate | 5 % | May/22 |
| Money Supply M0 | 8684 TZS Billion | 3.723 B USD | Apr/22 |
| Money Supply M1 | 16844 TZS Billion | 7.221 B USD | Apr/22 |
| Money Supply M2 | 26862 TZS Billion | 11.516 B USD | Apr/22 |
| Money Supply M3 | 34088 TZS Billion | 14.614 B USD | Apr/22 |
| Central Bank Balance Sheet | 21114020 TZS Million | 9.052 B USD | Jun/21 |
| Deposit Interest Rate | 7.5 % | 3Q/19 |
| Private Sector Credit | 23422 TZS Billion | 10.041 B USD | Apr/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 9.5 % | 2020 |
| Wages | 362400 TZS/Month | 157.44 USD/Month | 2016 |
| Youth Unemployment Rate | 13.7 % | 2014 |
| Living Wage Family | 762800 TZS/Month | 329.347 USD/Month | 2018 |
| Living Wage Individual | 332400 TZS/Month | 143.517 USD/Month | 2018 |
| Wages High Skilled | 884100 TZS/Month | 381.719 USD/Month | 2018 |
| Wages Low Skilled | 419500 TZS/Month | 181.123 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 30 % | 2021 |
| Personal Income Tax Rate | 30 % | 2021 |
| Sales Tax Rate | 18 % | 2021 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 39 index points | 2021 |
| Corruption Rank | 87 place | 2021 |
| Ease of Doing Business | 141 place | 2019 |
| Competitiveness Index | 48.19 Index Points | 2019 |
| Competitiveness Rank | 117 | 2019 |
