Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Economy of Tanzania. Statistics, Data and Indicators

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


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