Economic Trivia

Tanzania is the third-largest producer of gold in Africa.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2018): China, India, and United Arab Emirates
Top 3 Exported Goods (2018): Electrical Machinery, Industrial Machinery, and Furniture

Top Industries Source: CIA World Factbook

Agricultural Processing (Sugar, Beer, Cigarettes, Sisal Twine); Mining (Diamonds, Gold, Iron); Salt; Soda Ash; Cement

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $161,108,840,207 (2020)
GDP Growth Rate (annual %) 1.996% (2020)
GDP Per Capita, PPP (current international) $2,780 (2020)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 75/197 (2020)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 3.29% (2020)
External debt stocks, total (DOD, current US$) $25,537,812,220 (2020)
Total tax rate (% of commercial profits) 43.8% (2019)
Real Interest Rate (5 year average %) 16.28% (2020)
Manufacturing, value added (% of GDP) 8.504% (2020)
Current Account Balance (BoP, current US$) ($1,301,335,734) (2019)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 28,039,322 (2020)
Employment in Agriculture (% of total employment) 64.875% (2020)
Employment in Industry (% of total employment) 6.808% (2020)
Employment in Services (% of total employment) 28.317% (2020)
Unemployment Rate 2.16% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $9,554,154,050 (2020)
Exports of goods and services (current US$) $8,921,772,261 (2020)
Total Merchandise Trade (% of GDP) 22.352% (2020)
FDI, net inflows (BoP, current US$) $990,626,174 (2019)
Commercial Service Exports (current US$) $4,275,983,372 (2019)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Tanzania’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank