Markets Actual Q4 Q1 Q2 Q3 2022
Currency 2300.00 2300 2300 2300 2300 2300
Stock Market (points) 1912.19 1881 1843 1805 1768 1697

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) 4.90 4 4.6 5.3 6 5.7
Unemployment Rate (%) 9.50 9.4 9.3 9.3 9.3 9.3
Inflation Rate (%) 4.00 3.5 3.3 3 3.4 3.3
Interest Rate (%) 5.00 5 5 5 5 5
Balance of Trade (USD Million) -820.50 3241 3241 3241 3241 -828
Current Account to GDP (% of GDP) -2.10 -3 -2.7 -2.7 -2.7 -2.7
Government Debt to GDP (% of GDP) 37.80 38.6 38 38 38 38
Government Budget (% of GDP) -2.60 -3.9 -2.5 -2.5 -2.5 -2.5
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) 4.90 4 4.6 5.3 6 5.7
GDP (USD Billion) 62.41 55 55 55 55 62
Gross Fixed Capital Formation (TZS Million) 57519760.71 25388613 59820551 60165670 60568308 63230323
GDP per capita (USD) 976.16 965 965 965 965 990
GDP per capita PPP (USD) 2635.34 2510 2510 2510 2510 2650
GDP From Agriculture (TZS Million) 8674674.00 2865631 10040589 9073709 9134432 10612903
GDP From Construction (TZS Million) 4637527.00 2032963 5261637 4850853 4883316 5561550
GDP From Manufacturing (TZS Million) 2537748.00 1124161 3013437 2654484 2672249 3185203
GDP From Mining (TZS Million) 1473804.00 639147 1654507 1541599 1551916 1748814
GDP From Public Administration (TZS million) 1387694.00 904255 1447306 1451528 1461242 1529802

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 9.50 9.4 9.3 9.3 9.3 9.3
Population (Million) 59.73 59.15 59.15 59.15 59.15 60.8

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 4.00 3.5 3.3 3 3.4 3.3
Consumer Price Index CPI (points) 103.71 104 107 107 107 108
Food Inflation (%) 4.00 4 3.5 3 2.8 2.8
Inflation Rate Mom (%) -0.10 0.3 0.2 -0.1 -0.2 -0.2
Producer Prices (points) 104.40 115 113 111 110 120
Producer Prices Change (%) 4.40 10 8 6 5 4.5
Core Inflation Rate (%) 4.50 3.5 3 2.5 2.3 2.4
CPI Transportation (points) 104.50 105 105 105 105 104

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 5.00 5 5 5 5 5
Banks Balance Sheet (TZS Million) 37870333.80 39250000 39250000 39250000 39250000 39500000
Central Bank Balance Sheet (TZS Million) 21569586.50 23650000 23650000 23650000 23650000 22800000

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (USD Million) -820.50 3241 3241 3241 3241 -828
Current Account to GDP (% of GDP) -2.10 -3 -2.7 -2.7 -2.7 -2.7
Imports (USD Million) 2394.00 2150 2150 2150 2150 2150

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 37.80 38.6 38 38 38 38
Government Budget (% of GDP) -2.60 -3.9 -2.5 -2.5 -2.5 -2.5
Military Expenditure (USD Million) 639.00 730 730 730 730 730

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 18.00 18 18 18 18 18

Consumer Actual Q4 Q1 Q2 Q3 2022
Gasoline Prices (USD/Liter) 1.05 1 0.95 0.9 0.86 0.81
Bank Lending Rate (%) 14.44 14.44 14.44 14.44 14.44 14.44


This page has economic forecasts for Tanzania including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Tanzania economy.