The Gross Domestic Product (GDP) in Tanzania expanded 5.20 percent in the third quarter of 2022 over the same quarter of the previous year. source: National Bureau of Statistics (NBS) - Tanzania

GDP Annual Growth Rate in Tanzania averaged 6.45 percent from 2002 until 2022, reaching an all time high of 11.90 percent in the first quarter of 2007 and a record low of 2.60 percent in the third quarter of 2009. This page provides - Tanzania GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

GDP Annual Growth Rate in Tanzania is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tanzania GDP Annual Growth Rate is projected to trend around 5.60 percent in 2024, according to our econometric models.

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Tanzania GDP Annual Growth Rate

Calendar GMT Actual Previous Consensus TEForecast
2017-10-16 02:30 PM Q2 7.8% 5.7% 7.1%
2018-02-01 01:30 PM Q3 6.8% 7.8% 6.8%

Related Last Previous Unit Reference
GDP Growth Rate 1.50 1.60 percent Sep 2010
GDP Annual Growth Rate 5.20 4.80 percent Sep 2022
GDP from Public Administration 1566932.00 1470332.00 TZS million Sep 2022
GDP from Mining 1841754.00 1665101.00 TZS Million Sep 2022
GDP from Manufacturing 3128705.00 2711874.00 TZS Million Sep 2022
GDP from Construction 5381177.00 5512600.00 TZS Million Sep 2022
GDP from Agriculture 6348758.52 8826066.56 TZS Million Sep 2022
GDP Constant Prices 33924469.35 34933146.84 TZS Million Sep 2022

Tanzania GDP Annual 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
5.20 4.80 11.90 2.60 2002 - 2022 percent Quarterly
2015=100, NSA