Economy of Tanzania. Statistics, Data and Indicators

Tanzania
0 | Credit rank #112 |
N/A | Quality of life # |
94 | Corruption rank#94 |
141 | Ease of doing business#128 |

Tanzania Major Economic Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 63.18 USD Billion | 2019 |
GDP Annual Growth Rate | 4.5 % | 3Q/20 |
GDP per capita | 986 USD | 2019 |
Inflation Rate YoY | 3.5 % | Jan/21 |
Interest Rate | 5 % | Nov/20 |
Unemployment Rate | 9.6 % | 2019 |
Wages | 362400 TZS/Month | 157.44 USD/Month | 2016 |
Balance of Trade | -320 USD Million | -0.32 B USD | 3Q/20 |
Current Account | -362 USD Million | -0.362 B USD | 3Q/20 |
Government Debt | 7039 USD Million | 7.039 B USD | Dec/20 |
GDP

63.18
USD Billion
#83 from 174 countries
GDP per capita

986
USD
#146 from 169 countries
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 63.18 USD Billion | 2019 |
GDP Annual Growth Rate | 4.5 % | 3Q/20 |
GDP per capita | 986 USD | 2019 |
GDP per capita PPP | 2660 USD | 2019 |
GDP From Agriculture | 5855643 TZS million | 2.525 B USD | 3Q/20 |
GDP From Construction | 5137774 TZS million | 2.215 B USD | 3Q/20 |
GDP From Manufacturing | 2888507 TZS million | 1.246 B USD | 3Q/20 |
GDP From Mining | 1491969 TZS million | 0.643 B USD | 3Q/20 |
GDP From Public Administration | 1404922 TZS million | 0.606 B USD | 3Q/20 |
Budget Indicators
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 37.8 % | 2019 |
Government Debt | 7039 USD Million | 7.039 B USD | Dec/20 |
Government Budget to GDP | -2.6 % | 2020 |
Military Expenditure | 665 USD Million | 0.665 B USD | 2018 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Consumer Price Index (CPI) | 102 index points | Jan/21 |
Export Prices | 104 index points | 2Q/20 |
Food Inflation | 2.8 % | Jan/21 |
Gasoline Prices | 0.81 USD/Liter | Feb/21 |
Import Prices | 96.9 index points | 2Q/20 |
Inflation Rate YoY | 3.5 % | Jan/21 |
Producer Prices | 104 index points | 4Q/19 |
Inflation Rate Mom | 0.8 % | Jan/21 |
Core Consumer Prices | 112 Index Points | Dec/20 |
Core Inflation Rate | 3.8 % | Jan/21 |
CPI Housing Utilities | 102 Index Points | Jan/21 |
CPI Transportation | 101 Index Points | Jan/21 |
Producer Prices Change | 4.4 % | 4Q/19 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | -2.1 % | 2019 |
Balance of Trade | -320 USD Million | -0.32 USD Billion | 3Q/20 |
Capital Flows | -351 USD Million | -0.351 B USD | 3Q/20 |
Current Account | -362 USD Million | -0.362 USD Billion | 3Q/20 |
Exports | 1724 USD Million | 1.724 USD Billion | 3Q/20 |
External Debt | 24000 USD Million | 24 USD Billion | Dec/20 |
Imports | 2139 USD Million | 2.139 USD Billion | 2Q/19 |
Terms of Trade | 108 Index points | 2Q/20 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Bank Lending Rate | 13.86 % | Dec/20 |
Interest Rate | 5 % | Nov/20 |
Money Supply M0 | 7169 TZS Billion | 3.091 B USD | Dec/20 |
Money Supply M1 | 14314 TZS Billion | 6.172 B USD | Dec/20 |
Money Supply M2 | 23015 TZS Billion | 9.924 B USD | Dec/20 |
Money Supply M3 | 29918 TZS Billion | 12.901 B USD | Dec/20 |
Central Bank Balance Sheet | 20753088 TZS Million | 8.949 B USD | Dec/20 |
Deposit Interest Rate | 7.5 % | 3Q/19 |
Private Sector Credit | 20291 TZS Billion | 8.75 B USD | Dec/20 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Unemployment Rate | 9.6 % | 2019 |
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 % | 2020 |
Personal Income Tax Rate | 30 % | 2020 |
Sales Tax Rate | 18 % | 2020 |
Business Indicators
Indicator | Data | Period |
---|---|---|
Corruption Index | 38 index points | 2020 |
Corruption Rank | 94 place | 2020 |
Ease of Doing Business | 141 place | 2019 |
Competitiveness Index | 48.19 Index Points | 2019 |
Competitiveness Rank | 117 | 2019 |
Government Debt

7.039
B USD
#56 from 65 countries
Balance of Trade

-0.32
USD Billion
#141 from 173 countries
Gold Reserves

N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves

N/A
N/A
#N/A from
N/A countries
Government Budget Value

N/A
N/A
#N/A from N/A countries
Inflation Rate

3.5
%
#58 from
174 countries
Interest Rate

5
%
#44 from
159 countries
Bank Lending Rate

13.86%
#6 from
55 countries
Unemployment Rate

9.6
%
#46 from
171 countries
Wages

157.44
USD/Month
#78 from
82 countries