Markets Actual Q4 Q1 Q2 Q3 2021
Currency 2313.00 2318 2322 2326 2330 2338
Stock Market (points) 1797.30 1726 1657 1591 1527 1400

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) 5.70 2.3 2.6 3.5 4 4
Unemployment Rate (%) 9.60 11 10.6 10.6 10.6 10.6
Inflation Rate (%) 3.10 3.3 3.2 3.4 3.6 3.5
Interest Rate (%) 5.00 5 5 5 5 5
Balance of Trade (USD Million) -93.28 -869 -859 -631 -631 -828
Current Account to GDP (%) -3.70 -4.4 -5 -5 -5 -5
Government Debt to GDP (%) 37.80 38.8 38.6 38.6 38.6 38.6
Government Budget (% of GDP) -1.40 -9.5 -7.7 -7.7 -7.7 -7.7
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) 5.70 2.3 2.6 3.5 4 4
GDP (USD Billion) 63.18 50 50 55 55 55
Gross Fixed Capital Formation (TZS Million) 53873143.29 23839073 55112226 55273845 55758703 25388613
GDP per capita (USD) 985.50 930 965 965 965 965
GDP per capita PPP (USD) 2660.40 2400 2510 2510 2510 2510
GDP From Agriculture (TZS Million) 8466095.78 2690734 9351021 8686214 8762409 2865631
GDP From Construction (TZS Million) 4537331.19 1908886 4970605 4655302 4696138 2032963
GDP From Manufacturing (TZS Million) 2387805.16 1055550 2834652 2449888 2471378 1124161
GDP From Mining (TZS Million) 1337823.47 600138 1625961 1372607 1384647 639147
GDP From Public Administration (TZS million) 1373070.56 849066 1367538 1408770 1421128 904255

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 9.60 11 10.6 10.6 10.6 10.6
Population (Million) 55.89 57.5 60 60 60 59.15

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) 3.10 3.3 3.2 3.4 3.6 3.5
Consumer Price Index CPI (points) 119.43 121 124 125 124 125
Food Inflation (%) 3.40 3.3 3.6 4 4.2 4
Inflation Rate Mom (%) -0.10 0.4 0.3 0.2 0.2 0.3
Producer Prices (points) 104.40 133 110 110 110 137
Producer Prices Change (%) 4.40 5 5 5 5 4.3
Core Inflation Rate (%) 2.40 2.6 2.3 2.6 2.4 2.3
CPI Transportation (points) 107.41 110 112 109 111 114

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 5.00 5 5 5 5 5
Banks Balance Sheet (TZS Million) 37412732.50 38730000 39000000 39150000 39150000 39250000
Central Bank Balance Sheet (TZS Million) 18035450.30 23670000 23500000 23600000 23600000 23650000

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (USD Million) -93.28 -869 -859 -631 -631 -828
Current Account to GDP (%) -3.70 -4.4 -5 -5 -5 -5
Imports (USD Million) 2138.90 2000 2000 2000 2000 2150

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 37.80 38.8 38.6 38.6 38.6 38.6
Government Budget (% of GDP) -1.40 -9.5 -7.7 -7.7 -7.7 -7.7
Military Expenditure (USD Million) 665.00 760 760 760 760 730

Taxes Actual Q4 Q1 Q2 Q3 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 Q4 Q1 Q2 Q3 2021
Gasoline Prices (USD/Liter) 0.82 0.81 0.72 0.69 0.65 0.77
Bank Lending Rate (%) 13.69 12.93 13.51 13.51 13.51 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.