Markets Actual Q1 Q2 Q3 Q4 2020
Currency 2303.00 2301 2307 2313 2319 2331
Stock Market (points) 2006.06 1975 1952 1930 1908 1864
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 6.80 6.6 6.8 6.7 6.6 7
Unemployment Rate (%) 10.30 9 9 9 9 8
Inflation Rate (%) 3.30 2.3 2.6 3 3.5 6.6
Interest Rate (%) 7.00 7 7 7 7 5
Balance of Trade (USD Million) -944.10 3358 3078 3102 3313 3273
Current Account to GDP (%) -1.80 -8.7 -8.7 -8.7 -8.7 -7
Government Debt to GDP (%) 37.40 43 43 43 43 45
Government Budget (% of GDP) -2.10 -2.1 -2.1 -2.1 -2.1 -2.1
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 6.80 6.6 6.8 6.7 6.6 7
GDP (USD Billion) 52.09 59 59 59 59 62
Gross Fixed Capital Formation (TZS Million) 20802637.19 22175611 22217217 21499526 22175611 23727904
GDP per capita (USD) 900.52 973 973 952 952 989
GDP per capita PPP (USD) 2683.30 2898 2898 2838 2838 2946
GDP From Agriculture (TZS million) 2241174.00 2389091 2393574 2316253 2389091 2556328
GDP From Construction (TZS million) 1521187.00 1621585 1624628 1572147 1621585 1735096
GDP From Manufacturing (TZS million) 962586.00 1026117 1028042 994833 1026117 1097945
GDP From Mining (TZS million) 489399.00 521699 522678 505794 521699 558218
GDP From Public Administration (TZS million) 736854.00 785486 786960 761539 785486 840470
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 10.30 9 9 9 9 8
Wages (TZS/Month) 362400.00 390000 359314 357864 390000 400000
Wages High Skilled (TZS/Month) 884100.00 950800 749322 762558 950800 960500
Wages Low Skilled (TZS/Month) 419500.00 490500 377812 386897 490500 500000
Living Wage Family (TZS/Month) 762800.00 785000 762800 762800 762800 785000
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 3.30 2.3 2.6 3 3.5 6.6
Consumer Price Index CPI (Index Points) 112.81 115 116 115 116 124
Food Inflation (%) 1.00 5 5.34 -0.68 5.5 5
Producer Prices (Index points) 123.70 113 113 113 113 112
CPI Transportation (Index Points) 105.49 104 104 105 109 116
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 7.00 7 7 7 7 5
Deposit Interest Rate (%) 8.51 8.51 8.51 8.51 10.51 10.51
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -944.10 3358 3078 3102 3313 3273
Current Account to GDP (%) -1.80 -8.7 -8.7 -8.7 -8.7 -7
Terms Of Trade (Index points) 100.80 102 101 101 102 102
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 37.40 43 43 43 43 45
Government Budget (% of GDP) -2.10 -2.1 -2.1 -2.1 -2.1 -2.1
Taxes Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2020
Gasoline Prices (USD/Liter) 1.04 0.98 0.96 0.93 0.91 0.91
Bank Lending Rate (%) 15.87 16.9 16.9 16.9 18.9 18.9


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.