Markets Actual Q3 Q4 Q1 Q2 2022
Currency 2314.00 2314 2314 2314 2314 2314
Stock Market (points) 2002.85 1959 1918 1879 1840 1764

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) 4.90 5.2 5.6 5.7 6 6.2
Unemployment Rate (%) 2.16 10.6 10.6 9.9 9.9 9.9
Inflation Rate (%) 3.60 3.6 3.5 3.6 3 3.8
Interest Rate (%) 5.00 5 5 5 5 5
Balance of Trade (USD Million) -820.50 -869 3241 3241 3241 -828
Current Account to GDP (% of GDP) -2.10 -5 -5 -5 -5 -6
Government Debt to GDP (% of GDP) 37.80 38.6 38.6 38 38 38
Government Budget (% of GDP) -2.60 -2.8 -2.8 -2.5 -2.5 -2.5
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) 4.90 5.2 5.6 5.7 6 6.2
GDP (USD Billion) 62.41 55 55 55 55 62
Gross Fixed Capital Formation (TZS Million) 53873143.29 56297435 25388613 56890039 56943912 60417222
GDP per capita (USD) 976.16 965 965 965 965 990
GDP per capita PPP (USD) 2635.34 2510 2510 2510 2510 2650
GDP From Agriculture (TZS Million) 9654412.58 8764154 2865631 6183559 6189415 6566940
GDP From Construction (TZS Million) 5059266.35 5591061 2032963 5425489 5430627 5761870
GDP From Manufacturing (TZS Million) 2897536.01 2590586 1124161 3050263 3053152 3239380
GDP From Mining (TZS Million) 1590872.42 1503363 639147 1575519 1577011 1673201
GDP From Public Administration (TZS million) 1391640.04 1429619 904255 1483598 1485003 1575581

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 2.16 10.6 10.6 9.9 9.9 9.9
Population (Million) 59.73 60 59.15 59.15 59.15 60.8

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 3.60 3.6 3.5 3.6 3 3.8
Consumer Price Index CPI (points) 104.30 103 104 107 107 108
Food Inflation (%) 4.70 4.3 4 4 4 4.3
Inflation Rate Mom (%) 0.10 0.4 0.3 0.2 -0.1 -0.2
Producer Prices (points) 104.40 113 137 110 109 115
Producer Prices Change (%) 4.40 6.5 5.3 4.7 5 5
Core Inflation Rate (%) 3.70 2.7 2.3 2.3 2.2 2.4
CPI Transportation (points) 103.22 102 103 107 106 107

Money Actual Q3 Q4 Q1 Q2 2022
Interest Rate (%) 5.00 5 5 5 5 5
Banks Balance Sheet (TZS Million) 37870333.80 39150000 39250000 39250000 39250000 39500000
Central Bank Balance Sheet (TZS Million) 21569586.50 23600000 23650000 23650000 23650000 22800000

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (USD Million) -820.50 -869 3241 3241 3241 -828
Current Account to GDP (% of GDP) -2.10 -5 -5 -5 -5 -6
Imports (USD Million) 2138.90 2000 2150 2150 2150 2150

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 37.80 38.6 38.6 38 38 38
Government Budget (% of GDP) -2.60 -2.8 -2.8 -2.5 -2.5 -2.5
Military Expenditure (USD Million) 639.00 760 730 730 730 730

Taxes Actual Q3 Q4 Q1 Q2 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 Q3 Q4 Q1 Q2 2022
Gasoline Prices (USD/Liter) 1.04 0.99 0.94 0.89 0.85 0.8
Bank Lending Rate (%) 13.64 13.64 13.64 13.64 13.64 13.64


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.