GDP in Tanzania

Tanzania GDP | Economic News & Forecasts

Tanzania - GDP

Economic growth eased to 6.8% year-on-year in the third quarter of 2019, after having expanded at the fastest pace in over a year in the second quarter (Q2: +7.2% year-on-year). The third-quarter moderation was largely driven by ebbing growth in the construction sector. Meanwhile, activity in the agricultural and manufacturing sectors rose at a faster clip compared to the second quarter, buffering the slowdown somewhat. Turning to the fourth quarter, available data hints at upbeat dynamics: Credit supply growth to the agricultural, and the building and construction sectors quickened, on average, in October–November compared to the third quarter, indicating solid business activity in the final months of 2019.

Tanzania - GDP Data

2014   2015   2016   2017   2018  
Economic Growth (GDP, annual variation in %)6.7  6.2  6.9  6.8  7.0  

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Tanzania GDP Chart

Tanzania GDP
Note: GDP, annual variation in %.
Source: National Bureau of Statistics

Tanzania Facts

Value Change Date
Bond Yield14.730.0 %Dec 31
Exchange Rate2,3000.0 %Jan 01
Stock Market1.20.0 %Jan 06

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