Economy of Tanzania. Statistics, Data and Indicators
Tanzania
| 0 | Credit rank #112 |
| N/A | Quality of life # |
| 94 | Corruption rank#94 |
| 141 | Ease of doing business#128 |
Tanzania Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 67.84 USD Billion | 2021 |
| GDP Annual Growth Rate | 5.2 % | 3Q/22 |
| GDP per capita | 1040 USD | 2021 |
| Inflation Rate YoY | 4.8 % | Feb/23 |
| Interest Rate | 5 % | Feb/23 |
| Unemployment Rate | 9.3 % | 2021 |
| Wages | 362400 TZS/Month | 157.44 USD/Month | 2016 |
| Balance of Trade | -1889 USD Million | -1.889 B USD | 4Q/22 |
| Current Account | 1448 USD Million | 1.448 B USD | 4Q/22 |
| Government Debt | 11473 USD Million | 11.473 B USD | Jan/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 67.84 USD Billion | 2021 |
| GDP Annual Growth Rate | 5.2 % | 3Q/22 |
| GDP per capita | 1040 USD | 2021 |
| GDP per capita PPP | 2582 USD | 2021 |
| GDP From Agriculture | 6348759 TZS million | 2.713 B USD | 3Q/22 |
| GDP From Construction | 5381177 TZS million | 2.3 B USD | 3Q/22 |
| GDP From Manufacturing | 3128705 TZS million | 1.337 B USD | 3Q/22 |
| GDP From Mining | 1841754 TZS million | 0.787 B USD | 3Q/22 |
| GDP From Public Administration | 1566932 TZS million | 0.67 B USD | 3Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 37.3 % | 2021 |
| Government Debt | 11473 USD Million | 11.473 B USD | Jan/23 |
| Government Budget to GDP | -4 % | 2021 |
| Military Expenditure | 742 USD Million | 0.742 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 111 index points | Feb/23 |
| Export Prices | 118 index points | 3Q/22 |
| Food Inflation | 9.6 % | Feb/23 |
| Gasoline Prices | 1.33 USD/Liter | Feb/23 |
| Import Prices | 117 index points | 3Q/22 |
| Inflation Rate YoY | 4.8 % | Feb/23 |
| Producer Prices | 104 index points | 4Q/19 |
| Inflation Rate Mom | 0.4 % | Feb/23 |
| Core Consumer Prices | 108 Index Points | Feb/23 |
| Core Inflation Rate | 2.4 % | Feb/23 |
| CPI Housing Utilities | 108 Index Points | Feb/23 |
| CPI Transportation | 112 Index Points | Feb/23 |
| Producer Prices Change | 4.4 % | 4Q/19 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -3.4 % | 2021 |
| Balance of Trade | -1889 USD Million | -1.889 USD Billion | 4Q/22 |
| Capital Flows | 918 USD Million | 0.918 B USD | 3Q/22 |
| Current Account | 1448 USD Million | 1.448 USD Billion | 4Q/22 |
| Exports | 1970 USD Million | 1.97 USD Billion | 4Q/22 |
| External Debt | 29133 USD Million | 29.133 USD Billion | Jan/23 |
| Imports | 3858 USD Million | 3.858 USD Billion | 4Q/22 |
| Terms of Trade | 100 Index points | 3Q/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 14.19 % | Jan/23 |
| Interest Rate | 5 % | Feb/23 |
| Money Supply M0 | 9482 TZS Billion | 4.052 B USD | Jan/23 |
| Money Supply M1 | 18833 TZS Billion | 8.048 B USD | Jan/23 |
| Money Supply M2 | 30384 TZS Billion | 12.984 B USD | Jan/23 |
| Money Supply M3 | 38803 TZS Billion | 16.582 B USD | Jan/23 |
| Central Bank Balance Sheet | 25652960 TZS Million | 10.962 B USD | Dec/22 |
| Deposit Interest Rate | 7.5 % | 3Q/19 |
| Private Sector Credit | 27522 TZS Billion | 11.761 B USD | Jan/23 |
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 | 38 index points | 2022 |
| Corruption Rank | 94 place | 2022 |
| Ease of Doing Business | 141 place | 2019 |
| Competitiveness Index | 48.19 Index Points | 2019 |
| Competitiveness Rank | 117 | 2019 |
