Markets Actual Q2 Q3 Q4 Q1 2022
Currency 2314.00 2318 2322 2326 2330 2338
Stock Market (points) 1889.32 1814 1742 1672 1605 1472

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) 4.50 4.3 4.7 5.3 5.7 6.2
Unemployment Rate (%) 9.60 10.6 10.6 10.6 9.9 9.9
Inflation Rate (%) 3.20 3.4 3.6 3.5 3.6 3.8
Interest Rate (%) 5.00 5 5 5 5 5
Balance of Trade (USD Million) -320.20 -869 -859 3241 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 Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) 4.50 4.3 4.7 5.3 5.7 6.2
GDP (USD Billion) 63.18 55 55 55 55 62
Gross Fixed Capital Formation (TZS Million) 53873143.29 56028069 56189688 25388613 56728420 60245582
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 2865631 6165992 6548284
GDP From Construction (TZS Million) 5137774.00 4718824 5580361 2032963 5410076 5745501
GDP From Manufacturing (TZS Million) 2888507.00 2483317 2585628 1124161 3041598 3230177
GDP From Mining (TZS Million) 1491969.00 1391336 1500486 639147 1571043 1668448
GDP From Public Administration (TZS million) 1404922.00 1427993 1426882 904255 1479383 1571105

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 9.60 10.6 10.6 10.6 9.9 9.9
Population (Million) 59.73 60 60 59.15 59.15 60.8

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 3.20 3.4 3.6 3.5 3.6 3.8
Consumer Price Index CPI (points) 103.41 104 103 104 107 108
Food Inflation (%) 4.30 4 4.2 4 4 4.3
Inflation Rate Mom (%) 0.90 0.7 0.6 0.3 0.3 0.4
Producer Prices (points) 104.40 133 110 137 137 137
Producer Prices Change (%) 4.40 5 5 4.3 4.3 4.3
Core Inflation Rate (%) 3.60 3 2.7 2.3 2.3 2.4
CPI Transportation (points) 102.91 103 102 103 107 107

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

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

Government Actual Q2 Q3 Q4 Q1 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) 781.00 760 760 730 730 730

Taxes Actual Q2 Q3 Q4 Q1 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 Q2 Q3 Q4 Q1 2022
Gasoline Prices (USD/Liter) 0.92 0.75 0.71 0.77 0.64 0.61
Bank Lending Rate (%) 13.96 13.38 13.38 14.93 13.38 13.38


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.