The Gross Domestic Product (GDP) in Tanzania expanded 1.50 percent in the third quarter of 2010 over the previous quarter. source: National Bureau of Statistics (NBS) - Tanzania

GDP Growth Rate in Tanzania averaged 1.78 percent from 2001 until 2010, reaching an all time high of 12.40 percent in the first quarter of 2006 and a record low of -14.00 percent in the second quarter of 2006. This page provides - Tanzania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania GDP Growth Rate - values, historical data and charts - was last updated on July of 2022.

GDP Growth Rate in Tanzania is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Tanzania to stand at 1.80 in 12 months time. In the long-term, the Tanzania GDP Growth Rate is projected to trend around 1.80 percent in 2021, according to our econometric models.

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Tanzania GDP Growth Rate

Related Last Previous Unit Reference
GDP Growth Rate 1.50 1.60 percent Sep 2010
GDP Annual Growth Rate 4.90 5.20 percent Dec 2021
GDP From Public Administration 1461479.00 1468136.00 TZS million Dec 2021
GDP From Mining 1701661.00 1677259.00 TZS Million Dec 2021
GDP From Manufacturing 3043420.00 3019437.00 TZS Million Dec 2021
GDP From Construction 5072162.00 5241139.00 TZS Million Dec 2021
GDP From Agriculture 10031318.00 6056604.00 TZS Million Dec 2021
Gdp Constant Prices 36911871.00 31850930.00 TZS Million Dec 2021

Tanzania GDP Growth Rate
Services is the biggest sector of Tanzania's economy and accounts for 40 percent of GDP, namely wholesale and retail trade (12 percent); public administration and defense (6 percent) and transport and storage (5 percent). The primary sector accounts for 30 percent of GDP, mainly due to crops production (18 percent). The industrial sector represents 28 percent of total wealth, namely manufacturing (6 percent) and mining and quarrying (5 percent) including natural gas, gold, diamonds, coal, iron ore, uranium, nickel, chrome, tin, platinum, coltan and niobium.
Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.60 12.40 -14.00 2001 - 2010 percent Quarterly