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Economy of Tanzania. Statistics, Data and Indicators

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


Tanzania Major Economic Indicators

Indicator Data Period
GDP Value 63.18 USD Billion 2019
GDP Annual Growth Rate 5.7 % 1Q/20
GDP per capita 986 USD 2019
Inflation Rate YoY 3.3 % Aug/20
Interest Rate 5 % Aug/20
Unemployment Rate 9.7 % 2018
Wages 362400 TZS/Month | 157.44 USD/Month 2016
Balance of Trade -93.28 USD Million | -0.093 B USD 2Q/20
Current Account -239 USD Million | -0.239 B USD 2Q/20
Government Debt 6576 USD Million | 6.576 B USD Jul/20


GDP
vvp
63.18
USD Billion
#83 from 174 countries
GDP per capita
vvp
986
USD
#146 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 63.18 USD Billion 2019
GDP Annual Growth Rate 5.7 % 1Q/20
GDP per capita 986 USD 2019
GDP per capita PPP 2660 USD 2019
GDP From Agriculture  8466096 TZS million | 3.65 B USD 1Q/20
GDP From Construction  4537331 TZS million | 1.956 B USD 1Q/20
GDP From Manufacturing  2387805 TZS million | 1.029 B USD 1Q/20
GDP From Mining  1337823 TZS million | 0.577 B USD 1Q/20
GDP From Public Administration  1373071 TZS million | 0.592 B USD 1Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 37.8 % 2019
Government Debt 6576 USD Million | 6.576 B USD Jul/20
Government Budget to GDP -3.1 % 2018
Military Expenditure 665 USD Million | 0.665 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 120 index points Aug/20
Export Prices 105 index points 2Q/19
Food Inflation 3.7 % Aug/20
Gasoline Prices 0.79 USD/Liter Aug/20
Import Prices 102 index points 2Q/19
Inflation Rate YoY 3.3 % Aug/20
Producer Prices 104 index points 4Q/19
Inflation Rate Mom -0.5 % Aug/20
Core Consumer Prices 112 Index Points Aug/20
Core Inflation Rate 2.5 % Aug/20
CPI Housing Utilities 151 Index Points Aug/20
CPI Transportation 107 Index Points Aug/20
Producer Prices Change  4.4 % 4Q/19


Trade Indicators

Indicator Data Period
Current Account to GDP -3.7 % 2018
Balance of Trade -93.28 USD Million | -0.093 USD Billion 2Q/20
Capital Flows 460 USD Million | 0.46 B USD 2Q/20
Current Account -239 USD Million | -0.239 USD Billion 2Q/20
Exports 1476 USD Million | 1.476 USD Billion 2Q/20
External Debt 23193 USD Million | 23.193 USD Billion Jul/20
Imports 2139 USD Million | 2.139 USD Billion 2Q/19
Terms of Trade  102 Index points 2Q/19


Money Indicators

Indicator Data Period
Bank Lending Rate 13.62 % Jul/20
Interest Rate 5 % Aug/20
Money Supply M0 7610 TZS Billion | 3.281 B USD Jul/20
Money Supply M1 14336 TZS Billion | 6.18 B USD Jul/20
Money Supply M2 22567 TZS Billion | 9.729 B USD Jul/20
Money Supply M3 29339 TZS Billion | 12.648 B USD Jul/20
Central Bank Balance Sheet 18718148 TZS Million | 8.069 B USD Feb/20
Deposit Interest Rate 7.5 % 3Q/19
Private Sector Credit  19920 TZS Billion | 8.587 B USD Jul/20


Labor Indicators

Indicator Data Period
Unemployment Rate 9.7 % 2018
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 37 index points 2019
Corruption Rank 96 place 2019
Ease of Doing Business 141 place 2019
Competitiveness Index 48.19 Index Points 2019
Competitiveness Rank 117 2019


Government Debt
dept_icon
6.576
B USD
#56 from 65 countries
Balance of Trade
balance_icon
-0.093
USD Billion
#141 from 173 countries


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


Government Budget Value
balance_icon
N/A
N/A
#N/A from N/A countries
Inflation Rate
inflation_icon
3.3
%
#58 from 174 countries


Interest Rate
discount_rate_icon
5
%
#44 from 159 countries
Bank Lending Rate
credit_rate_icon
13.62%
#6 from 55 countries


Unemployment Rate
unemployment_icon
9.7
%
#46 from 171 countries
Wages
salary_icon
157.44
USD/Month
#78 from 82 countries