The Gross Domestic Product (GDP) in Tanzania was worth 59 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Tanzania represents 0.05 percent of the world economy.

GDP in Tanzania averaged 22.95 USD Billion from 1988 until 2019, reaching an all time high of 59 USD Billion in 2019 and a record low of 4.26 USD Billion in 1990. This page provides the latest reported value for - Tanzania GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Tanzania GDP - values, historical data and charts - was last updated on May of 2020. source: World Bank

GDP in Tanzania is expected to reach 62.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tanzania GDP is projected to trend around 60.00 USD Billion in 2021 and 64.00 USD Billion in 2022, according to our econometric models.

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Tanzania GDP

Actual Previous Highest Lowest Dates Unit Frequency
59.00 57.44 59.00 4.26 1988 - 2019 USD Billion Yearly
Current USD

Tanzania GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 6.80 7.20 11.90 2.60 percent [+]
GDP 59.00 57.44 59.00 4.26 USD Billion [+]
Gross Fixed Capital Formation 46636420.57 40376818.06 46636420.57 5401791.47 TZS Million [+]
GDP per capita 957.10 937.30 957.10 476.50 USD [+]
GDP per capita PPP 3227.03 3090.49 3227.03 1002.93 USD [+]
Gdp Constant Prices 28640136.00 30694320.13 31522744.96 18378797.00 TZS Million [+]
GDP From Agriculture 5573086.00 8033694.74 8718020.88 1496674.79 TZS Million [+]
GDP From Construction 4052741.00 4568829.00 4568829.00 357544.20 TZS Million [+]
GDP From Manufacturing 2671779.00 2384031.00 2671779.00 373896.38 TZS Million [+]
GDP From Mining 1290552.00 1323862.00 1323862.00 197832.14 TZS Million [+]
GDP From Public Administration 1317178.00 1290802.00 1317178.00 419166.00 TZS million [+]


Tanzania GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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