Tourist Arrivals in Bhutan decreased to 6002 in December from 9189 in November of 2019. Tourist Arrivals in Bhutan averaged 4023.95 from 2009 until 2019, reaching an all time high of 11277 in June of 2011 and a record low of 459 in September of 2013. This page provides the latest reported value for - Bhutan Tourist Arrivals - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Constant Prices in Syria increased to 747949 SYP Million in 2017 from 641640 SYP Million in 2016. GDP Constant Prices in Syria averaged 1064196.39 SYP Million from 2000 until 2017, reaching an all time high of 1537191 SYP Million in 2011 and a record low of 641640 SYP Million in 2016. This page provides - Syria GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Norway increased to 857009 NOK Million in the fourth quarter of 2019 from 843944 NOK Million in the third quarter of 2019. GDP Constant Prices in Norway averaged 582522.13 NOK Million from 1978 until 2019, reaching an all time high of 857009 NOK Million in the fourth quarter of 2019 and a record low of 304538 NOK Million in the first quarter of 1978. This page provides - Norway GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Moldova increased to 199162184.20 MDL Thousand in 2019 from 183851602 MDL Thousand in 2018. GDP Constant Prices in Moldova averaged 62607571.85 MDL Thousand from 1995 until 2019, reaching an all time high of 199162184.20 MDL Thousand in 2019 and a record low of 4671646 MDL Thousand in 1995. This page provides the latest reported value for - Moldova Gdp Constant Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Personal Income Tax Rate in Tanzania stands at 30 percent. Personal Income Tax Rate in Tanzania averaged 30.00 percent from 2004 until 2015, reaching an all time high of 30.00 percent in 2005 and a record low of 30.00 percent in 2005. In Tanzania, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Tanzania. This page provides - Tanzania Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Living Wage Family in Tanzania remained unchanged at 762800 TZS/Month in 2018 from 762800 TZS/Month in 2018. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.

Wages High Skilled in Tanzania decreased to 884100 TZS/Month in 2018 from 1035500 TZS/Month in 2017. Wages High Skilled in Tanzania averaged 794050 TZS/Month from 2015 until 2018, reaching an all time high of 1114500 TZS/Month in 2016 and a record low of 142100 TZS/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages Low Skilled in Tanzania decreased to 419500 TZS/Month in 2018 from 512600 TZS/Month in 2017. Wages Low Skilled in Tanzania averaged 396050 TZS/Month from 2015 until 2018, reaching an all time high of 569300 TZS/Month in 2016 and a record low of 82800 TZS/Month in 2015. Low Skilled Wages refer to highest estimate of wage of workers doing low-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Military Expenditure in Tanzania increased to 665 USD Million in 2018 from 611 USD Million in 2017. Military Expenditure in Tanzania averaged 249.34 USD Million from 1967 until 2018, reaching an all time high of 665 USD Million in 2018 and a record low of 65.30 USD Million in 1968.

The stocks of goods held by firms in Tanzania decreased by 2897000 TZS Million in 2017. Changes In Inventories in Tanzania averaged -56410.23 TZS Million from 2003 until 2017, reaching an all time high of 2901000 TZS Million in 2014 and a record low of -2897000 TZS Million in 2017. This page provides - Tanzania Changes In Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in Tanzania increased to 46636420.57 TZS Million in 2018 from 40376818.06 TZS Million in 2017. Gross Fixed Capital Formation in Tanzania averaged 18506901.44 TZS Million from 1998 until 2018, reaching an all time high of 46636420.57 TZS Million in 2018 and a record low of 5401791.47 TZS Million in 1998. This page provides - Tanzania Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Tanzania increased to 2599311 in 2016 from 2334969 in 2015. Employed Persons in Tanzania averaged 1742504.25 from 1991 until 2016, reaching an all time high of 2599311 in 2016 and a record low of 933358 in 1991. This page provides the latest reported value for - Tanzania Employed Persons - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Tanzania scored 48.19 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Tanzania averaged 13.64 Points from 2007 until 2019, reaching an all time high of 48.19 Points in 2019 and a record low of 3.49 Points in 2009. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Tanzania Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Tanzania is the 117 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Tanzania averaged 113.85 from 2007 until 2019, reaching an all time high of 125 in 2014 and a record low of 97 in 2007. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Tanzania Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Tanzania expanded 1.50 percent in the third quarter of 2010 over the previous quarter. GDP Growth Rate in Tanzania averaged 1.78 percent from 2001 until 2010, reaching an all time high of 12.40 percent in the first quarter of 2006 and a record low of -14 percent in the second quarter of 2006. GDP Growth Rate in Tanzania is reported by the National Bureau of Statistics (NBS) - Tanzania. Tanzania has one of the lowest GDP per capita in the world. The nation has many natural resources including natural gas, gold, diamonds, coal, iron ore, uranium, nickel, chrome, tin, platinum, coltan and niobium. However, the Tanzanian economy depends heavily on agriculture, which provides 85% of exports, and employs 80% of the work force. In addition, in recent years, tourism revenues have been growing as many national parks attract foreign visitors. This page provides - Tanzania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Export Prices in Tanzania increased to 104.80 Index points in the second quarter of 2019 from 103 Index points in the first quarter of 2019. Export Prices in Tanzania averaged 110.67 Index points from 2013 until 2019, reaching an all time high of 142.70 Index points in the first quarter of 2017 and a record low of 96.80 Index points in the second quarter of 2017. This page provides - Tanzania Export Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Import Prices in Tanzania increased to 102.30 Index points in the second quarter of 2019 from 101.20 Index points in the first quarter of 2019. Import Prices in Tanzania averaged 105.89 Index points from 2013 until 2019, reaching an all time high of 119.50 Index points in the first quarter of 2017 and a record low of 96.70 Index points in the second quarter of 2017. This page provides - Tanzania Import Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terms Of Trade in Tanzania increased to 102.40 Index points in the second quarter of 2019 from 101.80 Index points in the first quarter of 2019. Terms Of Trade in Tanzania averaged 104.22 Index points from 2013 until 2019, reaching an all time high of 119.40 Index points in the first quarter of 2017 and a record low of 100 Index points in the second quarter of 2013. This page provides - Tanzania Terms Of Trade- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Tanzania increased to 2138.90 USD Million in the second quarter of 2019 from 2127.10 USD Million in the first quarter of 2019. Imports in Tanzania averaged 2338.08 USD Million from 2012 until 2019, reaching an all time high of 3062.08 USD Million in the third quarter of 2013 and a record low of 1775.30 USD Million in the second quarter of 2017. Tanzania imports mostly transport equipment, machinery, constructions materials, oil, fertilizers, industrial raw materials and consumer goods. Main imports partners are: China, India, South Africa, Kenya and United Arab Emirates. This page provides the latest reported value for - Tanzania Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in Tanzania was last recorded at 3227.03 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Tanzania, when adjusted by Purchasing Power Parity is equivalent to 18 percent of the world's average. GDP per capita PPP in Tanzania averaged 1773.76 USD from 1990 until 2018, reaching an all time high of 3227.03 USD in 2018 and a record low of 1002.93 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Tanzania GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tanzania is ranked 141 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Tanzania improved to 141 in 2019 from 144 in 2018. Ease of Doing Business in Tanzania averaged 135.67 from 2008 until 2019, reaching an all time high of 145 in 2013 and a record low of 125 in 2010. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Tanzania.

Producer Prices in Tanzania increased 11.44 percent in March of 2019 over the same month in the previous year. Producer Prices Change in Tanzania averaged 4.83 percent from 2014 until 2019, reaching an all time high of 15.90 percent in the second quarter of 2016 and a record low of -3.58 percent in the second quarter of 2015. In Tanzania, the producer price index measures the average change over time in the prices received by selected domestic producers for the production of their goods. This page provides - Tanzania Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Tanzania decreased to 3.27 in 2018 from 3.37 in 2017. Terrorism Index in Tanzania averaged 2.04 from 2002 until 2018, reaching an all time high of 3.98 in 2014 and a record low of 0.06 in 2012. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Unemployment Rate in Tanzania decreased to 10.30 percent in 2014 from 10.70 percent in 2011. Unemployment Rate in Tanzania averaged 11.46 percent from 2001 until 2014, reaching an all time high of 12.90 percent in 2001 and a record low of 10.30 percent in 2014. In Tanzania, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Tanzania Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Youth Unemployment Rate in Tanzania decreased to 13.70 percent in 2014 from 14.90 percent in 2006. Youth Unemployment Rate in Tanzania averaged 14.30 Percent from 2006 until 2014, reaching an all time high of 14.90 Percent in 2006 and a record low of 13.70 Percent in 2014. Youth Unemployment Rate in Tanzania is reported by the National Bureau of Statistics, Tanzania. This page provides the latest reported value for - Tanzania Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in Tanzania was last recorded at 957.10 US dollars in 2018. The GDP per Capita in Tanzania is equivalent to 8 percent of the world's average. GDP per capita in Tanzania averaged 639.03 USD from 1988 until 2018, reaching an all time high of 957.10 USD in 2018 and a record low of 476.50 USD in 1994. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Tanzania GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages in Tanzania increased to 362400 TZS/Month in 2016 from 353589 TZS/Month in 2015. Wages in Tanzania averaged 306814.80 TZS/Month from 2005 until 2016, reaching an all time high of 362400 TZS/Month in 2016 and a record low of 242857 TZS/Month in 2007. This page provides the latest reported value for - Tanzania Monthly Average Wages in Private Sector - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gdp Constant Prices in Tanzania decreased to 28640136 TZS Million in the third quarter of 2019 from 30694320.13 TZS Million in the second quarter of 2019. Gdp Constant Prices in Tanzania averaged 24433925.65 TZS Million from 2012 until 2019, reaching an all time high of 31522744.96 TZS Million in the fourth quarter of 2018 and a record low of 18378797 TZS Million in the third quarter of 2012. This page provides - Tanzania Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Tanzania decreased to 5573086 TZS Million in the third quarter of 2019 from 8033694.74 TZS Million in the second quarter of 2019. GDP From Agriculture in Tanzania averaged 4724107.07 TZS Million from 2005 until 2019, reaching an all time high of 8718020.88 TZS Million in the fourth quarter of 2018 and a record low of 1496674.79 TZS Million in the third quarter of 2005. This page provides - Tanzania Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Tanzania decreased to 4052741 TZS Million in the third quarter of 2019 from 4568829 TZS Million in the second quarter of 2019. GDP From Construction in Tanzania averaged 1941181.71 TZS Million from 2005 until 2019, reaching an all time high of 4568829 TZS Million in the second quarter of 2019 and a record low of 357544.20 TZS Million in the second quarter of 2005. This page provides - Tanzania Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Tanzania increased to 2671779 TZS Million in the third quarter of 2019 from 2384031 TZS Million in the second quarter of 2019. GDP From Manufacturing in Tanzania averaged 1389200.37 TZS Million from 2005 until 2019, reaching an all time high of 2671779 TZS Million in the third quarter of 2019 and a record low of 373896.38 TZS Million in the first quarter of 2005. This page provides - Tanzania Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Mining in Tanzania decreased to 1290552 TZS Million in the third quarter of 2019 from 1323862 TZS Million in the second quarter of 2019. GDP From Mining in Tanzania averaged 724457.36 TZS Million from 2005 until 2019, reaching an all time high of 1323862 TZS Million in the second quarter of 2019 and a record low of 197832.14 TZS Million in the fourth quarter of 2008. This page provides - Tanzania Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Tanzania increased to 1317178 TZS million in the third quarter of 2019 from 1290802 TZS million in the second quarter of 2019. GDP From Public Administration in Tanzania averaged 874703.85 TZS million from 2005 until 2019, reaching an all time high of 1317178 TZS million in the third quarter of 2019 and a record low of 419166 TZS million in the second quarter of 2006. This page provides - Tanzania Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tanzania scored 37 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Tanzania averaged 29 Points from 1998 until 2019, reaching an all time high of 37 Points in 2019 and a record low of 19 Points in 1999. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Tanzania Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Tanzania is the 96 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Tanzania averaged 98.50 from 1998 until 2019, reaching an all time high of 126 in 2009 and a record low of 71 in 2002. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Tanzania Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Corporate Tax Rate in Tanzania stands at 30 percent. In Tanzania, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Tanzania. This page provides - Tanzania Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tanzania recorded a trade deficit of 610.20 USD Million in the fourth quarter of 2019. Balance of Trade in Tanzania averaged -1036.91 USD Million from 2012 until 2019, reaching an all time high of -501.90 USD Million in the fourth quarter of 2017 and a record low of -1714.92 USD Million in the third quarter of 2013. Tanzania major exports are agricultural commodities with tobacco, coffee, cotton, cashewnuts, tea and cloves being the most important. Other exports include gold and manufactured goods. Tanzania main exports partners are India, Japan, China, United Arab Emirates, Netherlands and Germany. Tanzania imports mostly transport equipment, machinery, constructions materials, oil, fertilizers, industrial raw materials and consumer goods. Main imports partners are: China, India, South Africa, Kenya and United Arab Emirates. This page provides the latest reported value for - Tanzania Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Tanzania recorded a Current Account deficit of 49.90 USD Million in the fourth quarter of 2019. Current Account in Tanzania averaged -769.70 USD Million from 2012 until 2019, reaching an all time high of -49.90 USD Million in the fourth quarter of 2019 and a record low of -1486.97 USD Million in the first quarter of 2014. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Tanzania Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Exports in Tanzania increased to 1711.10 USD Million in the fourth quarter of 2019 from 1582.80 USD Million in the third quarter of 2019. Exports in Tanzania averaged 1300.66 USD Million from 2012 until 2019, reaching an all time high of 1711.10 USD Million in the fourth quarter of 2019 and a record low of 936.20 USD Million in the third quarter of 2017. Tanzania major exports are agricultural commodities with tobacco, coffee, cotton, cashewnuts, tea and cloves being the most important. Other exports include gold and manufactured goods. Tanzania main exports partners are India, Japan, China, United Arab Emirates, Netherlands and Germany. This page provides the latest reported value for - Tanzania Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Tanzania recorded a capital and financial account deficit of 1091 USD Million in the third quarter of 2019. Capital Flows in Tanzania averaged 162.10 USD Million from 2012 until 2019, reaching an all time high of 1606.20 USD Million in the second quarter of 2012 and a record low of -1327 USD Million in the second quarter of 2013. This page provides - Tanzania Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Tanzania increased to 36300615.50 TZS Million in December from 35787346.90 TZS Million in November of 2019. Banks Balance Sheet in Tanzania averaged 23797882.61 TZS Million from 2010 until 2019, reaching an all time high of 36300615.50 TZS Million in December of 2019 and a record low of 10686881.50 TZS Million in January of 2010. This page provides - Tanzania Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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. 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. 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.

The total population in Tanzania was estimated at 55.9 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Tanzania had a population of 10.1 million people. The population of Tanzania represents 0.67 percent of the world´s total population which arguably means that one person in every 151 people on the planet is a resident of Tanzania. This page provides the latest reported value for - Tanzania Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Tanzania was last recorded at 7 percent. Interest Rate in Tanzania averaged 11.94 percent from 1972 until 2020, reaching an all time high of 67.50 percent in December of 1994 and a record low of 3.70 percent in October of 2009. In Tanzania, interest rates decisions are taken by the Bank of Tanzania. The Bank of Tanzania official interest rate is the discount rate. This page provides - Tanzania Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Tanzania increased 2.10 percent in January of 2020 over the same month in the previous year. Core Inflation Rate in Tanzania averaged 4.16 percent from 2011 until 2020, reaching an all time high of 9.20 percent in August of 2012 and a record low of 1.30 percent in December of 2017. This page provides - Tanzania Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Tanzania decreased to 102 points in the second quarter of 2019 from 103.16 points in the first quarter of 2019. Producer Prices in Tanzania averaged 87.77 points from 2013 until 2019, reaching an all time high of 103.16 points in the first quarter of 2019 and a record low of 76.21 points in the first quarter of 2013. This page provides - Tanzania Producer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Tanzania expanded 6.80 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Tanzania averaged 6.67 percent from 2002 until 2019, 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. 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 recorded a Government Budget deficit equal to 3.10 percent of the country's Gross Domestic Product in 2019. Government Budget in Tanzania averaged -5.88 percent of GDP from 1998 until 2019, reaching an all time high of -1.70 percent of GDP in 1998 and a record low of -11.90 percent of GDP in 2004. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Tanzania Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tanzania recorded a government debt equivalent to 37.80 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Tanzania averaged 34.87 percent from 2001 until 2019, reaching an all time high of 50.20 percent in 2001 and a record low of 21.50 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Tanzania Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Tanzania increased 1.10 percent in March of 2020 over the previous month. Inflation Rate Mom in Tanzania averaged 0.85 percent from 1993 until 2020, reaching an all time high of 24.89 percent in April of 1994 and a record low of -2.88 percent in July of 2006. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Tanzania Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.