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Economy of Tanzania. Statistics, Data and Indicators

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


Tanzania Major Economic Indicators

Indicator Data Period
GDP Value 62.41 USD Billion 2020
GDP Annual Growth Rate 4.9 % 4Q/20
GDP per capita 976 USD 2020
Inflation Rate YoY 3.6 % Jun/21
Interest Rate 5 % May/21
Unemployment Rate 2.16 % 2020
Wages 362400 TZS/Month | 157.44 USD/Month 2016
Balance of Trade -820 USD Million | -0.82 B USD 1Q/21
Current Account -499 USD Million | -0.499 B USD 1Q/21
Government Debt 7411 USD Million | 7.411 B USD May/21


GDP
vvp
62.41
USD Billion
#83 from 174 countries
GDP per capita
vvp
976
USD
#146 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 62.41 USD Billion 2020
GDP Annual Growth Rate 4.9 % 4Q/20
GDP per capita 976 USD 2020
GDP per capita PPP 2635 USD 2020
GDP From Agriculture  9654413 TZS million | 4.163 B USD 4Q/20
GDP From Construction  5059266 TZS million | 2.182 B USD 4Q/20
GDP From Manufacturing  2897536 TZS million | 1.249 B USD 4Q/20
GDP From Mining  1590872 TZS million | 0.686 B USD 4Q/20
GDP From Public Administration  1391640 TZS million | 0.6 B USD 4Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 37.8 % 2019
Government Debt 7411 USD Million | 7.411 B USD May/21
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) 104 index points Jun/21
Export Prices 104 index points 2Q/20
Food Inflation 4.7 % Jun/21
Gasoline Prices 0.97 USD/Liter Jun/21
Import Prices 96.9 index points 2Q/20
Inflation Rate YoY 3.6 % Jun/21
Producer Prices 104 index points 4Q/19
Inflation Rate Mom 0.1 % Jun/21
Core Consumer Prices 104 Index Points Jun/21
Core Inflation Rate 3.7 % May/21
CPI Housing Utilities 104 Index Points Jun/21
CPI Transportation 103 Index Points Jun/21
Producer Prices Change  4.4 % 4Q/19


Trade Indicators

Indicator Data Period
Current Account to GDP -2.1 % 2019
Balance of Trade -820 USD Million | -0.82 USD Billion 1Q/21
Capital Flows -305 USD Million | -0.305 B USD 4Q/20
Current Account -499 USD Million | -0.499 USD Billion 1Q/21
Exports 1296 USD Million | 1.296 USD Billion 1Q/21
External Debt 25243 USD Million | 25.243 USD Billion May/21
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 13.64 % May/21
Interest Rate 5 % May/21
Money Supply M0 7478 TZS Billion | 3.225 B USD May/21
Money Supply M1 15108 TZS Billion | 6.515 B USD May/21
Money Supply M2 23846 TZS Billion | 10.282 B USD May/21
Money Supply M3 31326 TZS Billion | 13.508 B USD May/21
Central Bank Balance Sheet 21569586 TZS Million | 9.301 B USD Mar/21
Deposit Interest Rate 7.5 % 3Q/19
Private Sector Credit  20708 TZS Billion | 8.929 B USD May/21


Labor Indicators

Indicator Data Period
Unemployment Rate 2.16 % 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 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
dept_icon
7.411
B USD
#56 from 65 countries
Balance of Trade
balance_icon
-0.82
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
3.6
%
#58 from 174 countries


Interest Rate
discount_rate_icon
5
%
#44 from 159 countries
Bank Lending Rate
credit_rate_icon
13.64%
#6 from 55 countries


Unemployment Rate
unemployment_icon
2.16
%
#46 from 171 countries
Wages
salary_icon
157.44
USD/Month
#78 from 82 countries