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 | 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
63.18
USD Billion
#83 from 174 countries
GDP per capita
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
6.576
B USD
#56 from 65 countries
Balance of Trade
-0.093
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
3.3
%
#58 from
174 countries
Interest Rate
5
%
#44 from
159 countries
Bank Lending Rate
13.62%
#6 from
55 countries
Unemployment Rate
9.7
%
#46 from
171 countries
Wages
157.44
USD/Month
#78 from
82 countries
