Markets Actual Q3 Q4 Q1 Q2 2021
Currency 2320.00 2324 2328 2332 2336 2344
Stock Market (points) 1758.88 1735 1666 1599 1535 1408

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 5.70 2.3 2.5 3.6 4.6 5
Unemployment Rate (%) 9.70 11 11 11.6 11.6 11.6
Inflation Rate (%) 3.30 3.5 3.6 3.2 3.4 4
Interest Rate (%) 5.00 5 5 5 5 5
Balance of Trade (USD Million) -641.10 -869 -859 -631 -631 -828
Current Account to GDP (%) -3.70 -4.4 -4.4 -5 -5 -5
Government Debt to GDP (%) 37.80 38.8 38.8 38.6 38.6 38.6
Government Budget (% of GDP) -3.10 -9.5 -9.5 -6 -6 -6
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 2021
GDP Annual Growth Rate (%) 5.70 2.3 2.5 3.6 4.6 5
GDP (USD Billion) 63.18 50 50 50 55 55
Gross Fixed Capital Formation (TZS Million) 53873143.29 47709058 55219972 55812576 56351308 57980970
GDP per capita (USD) 985.50 930 930 965 965 965
GDP per capita PPP (USD) 2660.40 2400 2400 2510 2510 2510
GDP From Agriculture (TZS Million) 8466095.78 5701267 9369925 9470480 9561894 9838421
GDP From Construction (TZS Million) 4537331.19 4145954 4980323 5033770 5082359 5229339
GDP From Manufacturing (TZS Million) 2387805.16 2733230 2840194 2870674 2898383 2982203
GDP From Mining (TZS Million) 1337823.47 1320235 1629140 1646623 1662517 1710597
GDP From Public Administration (TZS million) 1373070.56 1347473 1370212 1384917 1398284 1438722

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 9.70 11 11 11.6 11.6 11.6
Population (Million) 55.89 58.37 57.5 60 60 59.15

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 3.30 3.5 3.6 3.2 3.4 4
Consumer Price Index CPI (points) 120.74 120 121 124 125 126
Food Inflation (%) 3.80 5 4.7 4.5 4.2 5.3
Inflation Rate Mom (%) -0.20 0.6 0.4 0.3 0.2 0.3
Producer Prices (points) 104.40 108 110 110 110 114
Producer Prices Change (%) 4.40 4.7 5 5 5 4.3
Core Inflation Rate (%) 2.60 2.4 2.6 3 3.2 3.4
CPI Transportation (points) 106.78 109 110 112 111 115

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 5.00 5 5 5 5 5
Banks Balance Sheet (TZS Million) 36220172.20 38650000 38730000 39000000 39150000 39250000
Central Bank Balance Sheet (TZS Million) 18718146.70 23550000 23670000 23500000 23600000 23650000

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -641.10 -869 -859 -631 -631 -828
Current Account to GDP (%) -3.70 -4.4 -4.4 -5 -5 -5
Imports (USD Million) 2138.90 2000 2000 2000 2000 2150

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 37.80 38.8 38.8 38.6 38.6 38.6
Government Budget (% of GDP) -3.10 -9.5 -9.5 -6 -6 -6
Military Expenditure (USD Million) 665.00 760 760 760 760 730

Taxes Actual Q3 Q4 Q1 Q2 2021
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 2021
Gasoline Prices (USD/Liter) 0.73 0.63 0.6 0.57 0.54 0.51
Bank Lending Rate (%) 13.51 13.51 13.51 13.51 13.51 13.51


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.