Economy of Tanzania. Statistics, Data and Indicators
Tanzania
| 0 | Credit rank #112 |
| N/A | Quality of life # |
| 87 | Corruption rank#94 |
| 141 | Ease of doing business#128 |
Tanzania Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 67.78 USD Billion | 2021 |
| GDP Annual Growth Rate | 4.5 % | 2Q/22 |
| GDP per capita | 1075 USD | 2021 |
| Inflation Rate YoY | 4.9 % | Oct/22 |
| Interest Rate | 5 % | Oct/22 |
| Unemployment Rate | 9.3 % | 2021 |
| Wages | 362400 TZS/Month | 157.44 USD/Month | 2016 |
| Balance of Trade | -1471 USD Million | -1.471 B USD | 2Q/22 |
| Current Account | -1390 USD Million | -1.39 B USD | 2Q/22 |
| Government Debt | 11120 USD Million | 11.12 B USD | Sep/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 67.78 USD Billion | 2021 |
| GDP Annual Growth Rate | 4.5 % | 2Q/22 |
| GDP per capita | 1075 USD | 2021 |
| GDP per capita PPP | 2669 USD | 2021 |
| GDP From Agriculture | 8556634 TZS million | 3.666 B USD | 2Q/22 |
| GDP From Construction | 5302015 TZS million | 2.272 B USD | 2Q/22 |
| GDP From Manufacturing | 2591887 TZS million | 1.11 B USD | 2Q/22 |
| GDP From Mining | 1584374 TZS million | 0.679 B USD | 2Q/22 |
| GDP From Public Administration | 1402024 TZS million | 0.601 B USD | 2Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 37.3 % | 2021 |
| Government Debt | 11120 USD Million | 11.12 B USD | Sep/22 |
| Government Budget to GDP | -2.6 % | 2020 |
| Military Expenditure | 742 USD Million | 0.742 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 109 index points | Oct/22 |
| Export Prices | 118 index points | 2Q/22 |
| Food Inflation | 9.1 % | Oct/22 |
| Gasoline Prices | 1.24 USD/Liter | Nov/22 |
| Import Prices | 117 index points | 2Q/22 |
| Inflation Rate YoY | 4.9 % | Oct/22 |
| Producer Prices | 104 index points | 4Q/19 |
| Inflation Rate Mom | 0 % | Oct/22 |
| Core Consumer Prices | 108 Index Points | Oct/22 |
| Core Inflation Rate | 3 % | Oct/22 |
| CPI Housing Utilities | 108 Index Points | Oct/22 |
| CPI Transportation | 110 Index Points | Oct/22 |
| Producer Prices Change | 4.4 % | 4Q/19 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -1.5 % | 2021 |
| Balance of Trade | -1471 USD Million | -1.471 USD Billion | 2Q/22 |
| Capital Flows | 508 USD Million | 0.508 B USD | 1Q/22 |
| Current Account | -1390 USD Million | -1.39 USD Billion | 2Q/22 |
| Exports | 1846 USD Million | 1.846 USD Billion | 2Q/22 |
| External Debt | 27323 USD Million | 27.323 USD Billion | Sep/22 |
| Imports | 3318 USD Million | 3.318 USD Billion | 2Q/22 |
| Terms of Trade | 101 Index points | 2Q/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 13.92 % | Sep/22 |
| Interest Rate | 5 % | Oct/22 |
| Money Supply M0 | 9572 TZS Billion | 4.101 B USD | Sep/22 |
| Money Supply M1 | 18268 TZS Billion | 7.827 B USD | Sep/22 |
| Money Supply M2 | 29322 TZS Billion | 12.562 B USD | Sep/22 |
| Money Supply M3 | 37684 TZS Billion | 16.145 B USD | Sep/22 |
| Central Bank Balance Sheet | 21569586 TZS Million | 9.241 B USD | Mar/21 |
| Deposit Interest Rate | 7.5 % | 3Q/19 |
| Private Sector Credit | 25774 TZS Billion | 11.042 B USD | Sep/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 9.3 % | 2021 |
| 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 % | 2022 |
| Personal Income Tax Rate | 30 % | 2022 |
| Sales Tax Rate | 18 % | 2022 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 39 index points | 2021 |
| Corruption Rank | 87 place | 2021 |
| Ease of Doing Business | 141 place | 2019 |
| Competitiveness Index | 48.19 Index Points | 2019 |
| Competitiveness Rank | 117 | 2019 |
