Markets Actual Q1 Q2 Q3 Q4 2022
Currency 2314.00 2318 2322 2326 2330 2338
Stock Market (points) 1844.09 1761 1690 1623 1558 1429

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 4.50 4 4.3 5.5 6 6.3
Unemployment Rate (%) 9.60 10.6 10.6 10.6 10.6 10.3
Inflation Rate (%) 3.50 3.2 3.4 3.6 3.5 3.8
Interest Rate (%) 5.00 5 5 5 5 5
Balance of Trade (USD Million) -320.20 -869 -859 -631 3241 -828
Current Account to GDP (%) -2.10 -5 -5 -5 -5 -6
Government Debt to GDP (%) 37.80 38.6 38.6 38.6 38.6 38
Government Budget (% of GDP) -2.60 -7.7 -7.7 -7.7 -7.7 -6.3
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 2022
GDP Annual Growth Rate (%) 4.50 4 4.3 5.5 6 6.3
GDP (USD Billion) 63.18 50 55 55 55 62
Gross Fixed Capital Formation (TZS Million) 53873143.29 56028069 56189688 56836166 57105532 60703180
GDP per capita (USD) 985.50 965 965 965 965 990
GDP per capita PPP (USD) 2660.40 2510 2510 2510 2510 2650
GDP From Agriculture (TZS Million) 5855643.00 8804740 8747380 6177703 6206982 6598021
GDP From Construction (TZS Million) 5137774.00 4718824 5580361 5420352 5446040 5789141
GDP From Manufacturing (TZS Million) 2888507.00 2483317 2585628 3047375 3061817 3254712
GDP From Mining (TZS Million) 1491969.00 1391336 1500486 1574027 1581487 1681121
GDP From Public Administration (TZS million) 1404922.00 1427993 1426882 1482193 1489217 1583038

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 9.60 10.6 10.6 10.6 10.6 10.3
Population (Million) 59.73 60 60 60 59.15 60.8

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 3.50 3.2 3.4 3.6 3.5 3.8
Consumer Price Index CPI (points) 101.53 124 125 124 125 130
Food Inflation (%) 2.80 3.6 4 4.2 4 4.3
Inflation Rate Mom (%) 0.80 0.3 0.2 0.2 0.3 0.6
Producer Prices (points) 104.40 133 110 110 137 137
Producer Prices Change (%) 4.40 5 5 5 4.3 4.3
Core Inflation Rate (%) 3.80 2.3 2.6 2.4 2.3 2.5
CPI Transportation (points) 100.96 112 109 111 111 115

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 5.00 5 5 5 5 5
Banks Balance Sheet (TZS Million) 37748372.00 39000000 39150000 39150000 39250000 39500000
Central Bank Balance Sheet (TZS Million) 20753088.00 23500000 23600000 23600000 23650000 22800000

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (USD Million) -320.20 -869 -859 -631 3241 -828
Current Account to GDP (%) -2.10 -5 -5 -5 -5 -6
Imports (USD Million) 2138.90 2000 2000 2000 2150 2150

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 37.80 38.6 38.6 38.6 38.6 38
Government Budget (% of GDP) -2.60 -7.7 -7.7 -7.7 -7.7 -6.3
Military Expenditure (USD Million) 665.00 760 760 760 730 730

Taxes Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2022
Gasoline Prices (USD/Liter) 0.81 0.75 0.71 0.68 0.64 0.61
Bank Lending Rate (%) 13.86 12.93 13.51 13.51 14.93 14.93


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.