Markets Actual Q2 Q3 Q4 Q1 2020
Currency 2294.00 2303 2310 2318 2326 2341
Stock Market (points) 1897.04 1753 1627 1510 1401 1207
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 6.80 6.8 6.7 5.6 6.4 6.3
Unemployment Rate (%) 10.30 9 9 9 8 8
Inflation Rate (%) 3.50 3.4 3.7 4 4.1 4.8
Interest Rate (%) 7.00 7 7 7 5 5
Balance of Trade (USD Million) -1038.60 3078 3102 3313 3313 3273
Current Account to GDP (%) -1.80 -8.7 -8.7 -8.7 -7 -7
Government Debt to GDP (%) 37.40 43 43 43 45 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 Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 6.80 6.8 6.7 5.6 6.4 6.3
GDP (USD Billion) 52.09 59 59 59 62 62
Gross Fixed Capital Formation (TZS Million) 20802637.19 22217217 22196414 22321230 22134006 23839073
GDP per capita (USD) 900.52 973 952 952 989 989
GDP per capita PPP (USD) 2683.30 2898 2838 2838 2946 2946
GDP From Agriculture (TZS million) 5360478.86 2507673 2505325 2519413 2498281 2690734
GDP From Construction (TZS million) 3492895.10 1779017 1777352 1787346 1772354 1908886
GDP From Manufacturing (TZS million) 2532462.25 983737 982816 988343 980053 1055550
GDP From Mining (TZS million) 1166715.66 559308 558785 561927 557214 600138
GDP From Public Administration (TZS million) 1328437.86 791301 790560 795006 788337 849066
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 10.30 9 9 9 8 8
Wages (TZS/Month) 362400.00 359314 357864 390000 390000 400000
Wages High Skilled (TZS/Month) 884100.00 749322 762558 950800 950800 960500
Wages Low Skilled (TZS/Month) 419500.00 377812 386897 490500 490500 500000
Living Wage Family (TZS/Month) 762800.00 762800 762800 762800 762800 785000
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 3.50 3.4 3.7 4 4.1 4.8
Consumer Price Index CPI (Index Points) 117.23 117 116 117 121 123
Food Inflation (%) 0.90 5.34 -0.68 5.5 5.5 5
Producer Prices (Index points) 123.70 126 129 128 128 133
CPI Transportation (Index Points) 106.22 105 106 110 110 115
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 7.00 7 7 7 5 5
Deposit Interest Rate (%) 7.15 7.59 7.59 7.59 5.59 5.59
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) -1038.60 3078 3102 3313 3313 3273
Current Account to GDP (%) -1.80 -8.7 -8.7 -8.7 -7 -7
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 37.40 43 43 43 45 45
Government Budget (% of GDP) -2.10 -2.1 -2.1 -2.1 -2.1 -2.1
Taxes Actual Q2 Q3 Q4 Q1 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 Q2 Q3 Q4 Q1 2020
Gasoline Prices (USD/Liter) 0.97 0.87 0.85 0.83 0.81 0.81
Bank Lending Rate (%) 14.61 14.84 14.84 14.84 12.84 12.84


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.