Tanzania skyline

Tanzania GDP

Tanzania GDP

Economic Growth in Tanzania

The Tanzanian economy recorded an average real GDP growth of 6.2% in the decade to 2022, above the 3.0% average for Sub-Saharan Africa. In 2022, real GDP growth was 4.7%. For more GDP information, visit our dedicated page.

Tanzania GDP Chart

Note: This chart displays Economic Growth (GDP, annual variation in %) for Tanzania from 2013 to 2022.
Source: National Bureau of Statistics Tanzania.

Tanzania GDP Data

2018 2019 2020 2021 2022
Economic Growth (GDP, ann. var. %) 7.0 7.0 4.8 4.9 4.7
GDP (USD bn) 54.5 58.3 62.9 67.6 73.2
GDP (TZS bn) 123,989 134,384 145,430 156,375 170,256
Economic Growth (Nominal GDP, ann. var. %) 4.4 8.4 8.2 7.5 8.9
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Tanzanian GDP projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable GDP forecast available for Tanzanian GDP.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Tanzanian GDP projections.

Want to get access to the full dataset of Tanzanian GDP forecasts? Send an email to info@focus-economics.com.

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