The Gross Domestic Product (GDP) in Tanzania expanded 6.80 percent in the third quarter of 2018 over the same quarter of the previous year. GDP Annual Growth Rate in Tanzania averaged 6.76 percent from 2002 until 2018, 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.

GDP Annual Growth Rate in Tanzania is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Tanzania to stand at 6.40 in 12 months time. In the long-term, the Tanzania GDP Annual Growth Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.

Tanzania GDP Annual Growth Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-02-01 01:30 PM GDP Growth Rate YoY 6.8% 7.8% 6.8%


Tanzania GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 6.80 6.30 11.90 2.60 percent [+]
GDP 52.09 47.39 52.09 4.26 USD Billion [+]
Gross Fixed Capital Formation 20802637.19 18901665.77 20802637.19 1903295.00 TZS Million [+]
GDP per capita 900.52 867.00 900.52 456.90 USD [+]
GDP per capita PPP 2683.30 2583.50 2683.30 1361.40 USD [+]
GDP From Agriculture 2348008.84 2206597.78 2936266.38 1496674.79 TZS million [+]
GDP From Construction 1665746.50 1606411.66 1665746.50 357544.20 TZS million [+]
GDP From Manufacturing 921102.42 902729.41 952459.94 373896.38 TZS million [+]
GDP From Mining 523697.00 496670.46 523697.00 197832.14 TZS million [+]
GDP From Public Administration 740918.66 737343.78 787672.20 381799.74 TZS million [+]


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. This page provides - Tanzania GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.80 6.30 11.90 2.60 2002 - 2018 percent Quarterly
2015=100, NSA




Country Last Previous
India 6.60 Dec/18
China 6.40 Mar/19
Indonesia 5.07 Mar/19
Saudi Arabia 3.60 Dec/18
United States 3.20 Mar/19
Spain 2.40 Mar/19
Australia 2.30 Dec/18
South Korea 1.80 Mar/19
United Kingdom 1.80 Mar/19
Netherlands 1.70 Mar/19
Canada 1.60 Dec/18
Switzerland 1.40 Dec/18
Mexico 1.30 Mar/19
Singapore 1.30 Mar/19
Euro Area 1.20 Mar/19
Brazil 1.10 Dec/18
France 1.10 Mar/19
South Africa 1.10 Dec/18
Germany 0.70 Mar/19
Russia 0.50 Mar/19
Japan 0.30 Dec/18
Italy 0.10 Mar/19
Turkey -3.00 Dec/18
Argentina -6.20 Dec/18


Related

Latest