Economy of Tanzania. Statistics, Data and Indicators
Tanzania
| 0 | Credit rank #112 |
| N/A | Quality of life # |
| 96 | Corruption rank#94 |
| 141 | Ease of doing business#128 |
Tanzania Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 59 USD Billion | 2019 |
| GDP Annual Growth Rate | 6.8 % | 3Q/19 |
| GDP per capita | 957 USD | 2018 |
| Inflation Rate YoY | 3.7 % | Feb/20 |
| Interest Rate | 7 % | Jan/20 |
| Unemployment Rate | 9.7 % | 2018 |
| Wages | 362400 TZS/Month | 157.44 USD/Month | 2016 |
| Balance of Trade | -610 USD Million | -0.61 B USD | 4Q/19 |
| Current Account | -49.9 USD Million | -0.05 B USD | 4Q/19 |
| Government Debt | 6396 USD Million | 6.396 B USD | Jan/20 |
GDP
59
USD Billion
#83 from 174 countries
GDP per capita
957
USD
#146 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 59 USD Billion | 2019 |
| GDP Annual Growth Rate | 6.8 % | 3Q/19 |
| GDP per capita | 957 USD | 2018 |
| GDP per capita PPP | 3227 USD | 2018 |
| GDP From Agriculture | 5573086 TZS million | 2.408 B USD | 3Q/19 |
| GDP From Construction | 4052741 TZS million | 1.751 B USD | 3Q/19 |
| GDP From Manufacturing | 2671779 TZS million | 1.154 B USD | 3Q/19 |
| GDP From Mining | 1290552 TZS million | 0.558 B USD | 3Q/19 |
| GDP From Public Administration | 1317178 TZS million | 0.569 B USD | 3Q/19 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 37.8 % | 2019 |
| Government Debt | 6396 USD Million | 6.396 B USD | Jan/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) | 119 index points | Feb/20 |
| Export Prices | 105 index points | 2Q/19 |
| Food Inflation | 5.9 % | Feb/20 |
| Gasoline Prices | 0.96 USD/Liter | Mar/20 |
| Import Prices | 102 index points | 2Q/19 |
| Inflation Rate YoY | 3.7 % | Feb/20 |
| Producer Prices | 102 index points | 2Q/19 |
| Inflation Rate Mom | 1.1 % | Feb/20 |
| Core Consumer Prices | 110 Index Points | Feb/20 |
| Core Inflation Rate | 2.2 % | Feb/20 |
| CPI Housing Utilities | 144 Index Points | Feb/20 |
| CPI Transportation | 107 Index Points | Feb/20 |
| Producer Prices Change | 11.44 % | 1Q/19 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -3.7 % | 2018 |
| Balance of Trade | -610 USD Million | -0.61 USD Billion | 4Q/19 |
| Capital Flows | -1091 USD Million | -1.091 B USD | 3Q/19 |
| Current Account | -49.9 USD Million | -0.05 USD Billion | 4Q/19 |
| Exports | 1711 USD Million | 1.711 USD Billion | 4Q/19 |
| External Debt | 22456 USD Million | 22.456 USD Billion | Jan/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 | 13.19 % | Jan/20 |
| Interest Rate | 7 % | Jan/20 |
| Money Supply M0 | 7201 TZS Billion | 3.111 B USD | Jan/20 |
| Money Supply M1 | 13291 TZS Billion | 5.742 B USD | Jan/20 |
| Money Supply M2 | 21131 TZS Billion | 9.129 B USD | Jan/20 |
| Money Supply M3 | 28114 TZS Billion | 12.146 B USD | Jan/20 |
| Central Bank Balance Sheet | 18672288 TZS Million | 8.067 B USD | Dec/19 |
| Deposit Interest Rate | 7.15 % | 1Q/19 |
| Private Sector Credit | 19810 TZS Billion | 8.559 B USD | Jan/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 | 329.558 USD/Month | 2018 |
| Living Wage Individual | 332400 TZS/Month | 143.609 USD/Month | 2018 |
| Wages High Skilled | 884100 TZS/Month | 381.964 USD/Month | 2018 |
| Wages Low Skilled | 419500 TZS/Month | 181.24 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 30 % | 2020 |
| Personal Income Tax Rate | 30 % | 2018 |
| 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
6.396
B USD
#56 from 65 countries
Balance of Trade
-0.61
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
3.7
%
#58 from
174 countries
Interest Rate
7
%
#44 from
159 countries
Bank Lending Rate
13.19%
#6 from
55 countries
Unemployment Rate
9.7
%
#46 from
171 countries
Wages
157.44
USD/Month
#78 from
82 countries
