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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 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
vvp
59
USD Billion
#83 from 174 countries
GDP per capita
vvp
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
dept_icon
6.396
B USD
#56 from 65 countries
Balance of Trade
balance_icon
-0.61
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
3.7
%
#58 from 174 countries


Interest Rate
discount_rate_icon
7
%
#44 from 159 countries
Bank Lending Rate
credit_rate_icon
13.19%
#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