Markets Actual Q3 Q4 Q1 Q2 2020
Currency 2295.00 2302 2309 2317 2325 2340
Stock Market (points) 1938.94 1929 1910 1890 1871 1834
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 6.60 6.8 5.6 6.4 5.2 6.3
Unemployment Rate (%) 10.30 9 9 8 8 8
Inflation Rate (%) 3.70 3.6 4 4.1 4.3 4.8
Interest Rate (%) 7.00 5 5 5 5 5
Balance of Trade (USD Million) -1038.60 3102 3313 3313 3313 3273
Current Account to GDP (%) -1.80 -8.7 -8.7 -7 -7 -7
Government Debt to GDP (%) 37.40 43 43 45 45 45
Government Budget (% of GDP) -2.00 -3.2 -3.2 -3.2 -3 -3
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 6.60 6.8 5.6 6.4 5.2 6.3
GDP (USD Billion) 57.44 59 59 62 62 62
Gross Fixed Capital Formation (TZS Million) 46636420.57 22196414 22321230 22134006 22134006 23839073
GDP per capita (USD) 957.10 980 980 1010 1010 1010
GDP per capita PPP (USD) 2809.07 2898 2838 2838 2946 2946
GDP From Agriculture (TZS Million) 8182587.00 2505325 2519413 2498281 2498281 2690734
GDP From Construction (TZS Million) 4193881.00 1777352 1787346 1772354 1772354 1908886
GDP From Manufacturing (TZS Million) 2280570.00 982816 988343 980053 980053 1055550
GDP From Mining (TZS Million) 1159804.00 558785 561927 557214 557214 600138
GDP From Public Administration (TZS million) 1307326.00 790560 795006 788337 788337 849066
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 10.30 9 9 8 8 8
Wages (TZS/Month) 362400.00 359314 390000 390000 390000 400000
Wages High Skilled (TZS/Month) 884100.00 749322 950800 950800 950800 960500
Wages Low Skilled (TZS/Month) 419500.00 377812 490500 490500 490500 500000
Living Wage Family (TZS/Month) 762800.00 762800 762800 762800 762800 785000
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 3.70 3.6 4 4.1 4.3 4.8
Consumer Price Index CPI (Index Points) 116.61 116 117 121 122 123
Food Inflation (%) 2.90 5.34 5.5 5.5 5.5 5
Producer Prices (Index points) 123.70 129 128 128 128 133
CPI Transportation (Index Points) 106.21 106 110 110 111 115
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 7.00 5 5 5 5 5
Deposit Interest Rate (%) 7.15 5.15 5.15 5.15 5.15 5.15
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Million) -1038.60 3102 3313 3313 3313 3273
Current Account to GDP (%) -1.80 -8.7 -8.7 -7 -7 -7
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 37.40 43 43 45 45 45
Government Budget (% of GDP) -2.00 -3.2 -3.2 -3.2 -3 -3
Taxes Actual Q3 Q4 Q1 Q2 2020
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 Q3 Q4 Q1 Q2 2020
Gasoline Prices (USD/Liter) 1.01 0.98 0.96 0.93 0.91 0.91
Bank Lending Rate (%) 14.41 12.41 12.41 12.41 12.41 12.41


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.