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TZ

Tanzania

TZ · TZA · #30 · 18 cities

Nomad score 52/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$6,512
GDP (2031)
$152.0B
GDP growth (2031)
6.3% →
Inflation (2031)
4.0% →
Unemployment (2025)
1.6% ↑
Population (2031)
80.8M
Population growth (2031)
3.0% →
Gini index (2018)
40.5
Government debt (2031)
42.6% of GDP
Current account (2031)
-2.0% of GDP
FDI inflows (2024)
$1.7B
Life expectancy (2024)
67.2 yrs
Health spending (2023)
3.1% of GDP
Internet users (2024)
31.2%
Mobile subscriptions (2024)
126.6/100
Trade openness (2025)
39.0% of GDP
Exchange rate (2024)
2,597.90/USD
Foreign reserves (2018)
$5.0B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
42.6% of GDP
Current account (2031)
-2.0% of GDP
FDI inflows (2024)
$1.7B

Income inequality (Gini)

Gini index (2018)
0.40
Assessment
Moderate inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2018)
0.17/1k
Tax revenue (2024)
12.7% of GDP
Services sector (2025)
28.8% of GDP

Financial access and costs

ATMs per 100k (2024)
5.5
Bank branches per 100k (2024)
2.4
ICT service exports (2024)
1.0%
Goods and services tax (2024)
9.5%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $152.0B $6,512 6.3% 4.0% - 80.8M - 42.6% -2.0% - - - - -
2030 * $137.2B $6,055 6.3% 4.0% - 78.4M - 44.0% -2.0% - - - - -
2029 * $125.0B $5,685 6.3% 4.0% - 76.1M - 45.1% -2.0% - - - - -
2028 * $113.9B $5,336 6.3% 4.0% - 73.9M - 46.2% -2.0% - - - - -
2027 * $103.8B $5,006 6.1% 4.3% - 71.7M - 47.5% -2.1% - - - - -
2026 * $94.9B $4,715 5.9% 4.0% - 69.7M - 48.7% -2.3% - - - - -
2025 $87.3B $4,471 5.9% 3.3% 1.6% 67.6M - 49.7% -2.4% - - - - -
2024 $79.2B $4,227 5.5% 3.1% 1.6% 65.6M - 49.9% -2.8% $1.7B 67.2 - 31.2% 2,597.90
2023 $78.4B $4,022 5.1% 3.8% 1.6% 63.7M - 47.8% -3.8% $1.6B 67.0 3.1% 28.4% 2,383.04
2022 $74.2B $3,799 4.7% 4.4% 1.6% 61.9M - 44.9% -7.4% $1.4B 66.9 3.1% 26.9% 2,303.03
2021 $68.0B $3,493 4.8% 3.7% 1.9% 60.1M - 43.4% -3.5% $1.2B 66.1 3.5% 22.9% 2,297.76
2020 $63.4B $3,291 4.5% 3.3% 1.8% 58.3M - 41.3% -2.3% $943.8M 66.8 3.1% 19.5% 2,294.15
2019 $58.8B $2,982 6.9% 3.4% 1.7% 56.6M - 40.4% -2.3% $1.2B 66.0 4.0% 16.6% 2,288.21
2018 $54.8B $2,728 7.0% 3.5% 1.8% 54.9M 40.5 42.0% -4.2% $971.6M 65.5 4.3% 15.5% 2,263.78
2017 $54.0B $2,472 6.7% 5.3% 1.9% 53.1M - 40.1% -2.8% $937.7M 65.0 4.0% 14.5% 2,228.86
2016 $49.8B $2,435 6.9% 5.2% 1.9% 51.4M - 39.8% -4.2% $864.0M 64.4 4.0% 13.5% 2,177.09
2015 $47.4B $2,317 6.2% 5.6% 2.0% 49.6M - 39.5% -7.7% $1.5B 63.9 3.7% 10.0% 1,991.39
2014 $50.0B $2,221 6.7% 6.1% 2.1% 48.1M - 36.4% -9.8% $1.4B 63.4 4.0% 7.0% 1,653.23
2013 $45.7B $2,176 6.8% 7.9% 2.9% 46.7M - 32.7% -10.7% $2.1B 62.8 4.7% 4.4% 1,597.56
2012 $39.7B $2,083 5.1% 16.0% 3.2% 45.3M - 30.0% -11.6% $1.8B 62.3 5.0% 4.0% 1,571.70
2011 $34.4B $2,211 7.9% 12.7% 3.5% 44.1M 37.8 28.4% -10.4% $1.2B 61.6 5.1% 3.2% 1,557.43
2010 $31.9B $2,069 6.4% 7.2% 3.0% 42.9M - 27.6% -7.4% $1.8B 61.1 5.2% 2.9% 1,395.63
2009 $29.3B $1,972 5.4% 12.1% 2.5% 41.9M - 23.9% -7.4% $952.6M 60.5 5.1% 2.4% 1,320.31
2008 $27.8B $1,908 5.6% 10.3% 2.8% 40.8M - 21.6% -7.7% $1.4B 59.9 5.6% 1.9% 1,196.31
2007 $21.8B $1,820 8.5% 7.0% 3.0% 39.7M 40.3 23.8% -8.4% $581.5M 59.3 6.9% 1.6% 1,245.04
2006 $18.9B $1,707 4.7% 7.3% 3.3% 38.6M - 17.4% -7.1% $403.0M 58.5 7.6% 1.3% 1,251.90
2005 $17.2B $1,598 7.4% 4.4% 3.2% 37.5M - 25.4% -5.3% $935.5M 57.7 6.3% 1.1% 1,128.93
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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