Tanzania 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$79.06 billion
↑ 4.35% vs 2022GDP per Capita
$1,224.49
↑ 1.38% vs 2022GDP Growth (Annual %)
5.07%
↑ 0.50pp vs 2022Inflation Rate (CPI %)
3.80%
↓ 0.55pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $75.77 billion | $79.06 billion | +4.35% |
| GDP per Capita | $1,207.85 | $1,224.49 | +1.38% |
| GDP Growth (Annual %) | 4.57% | 5.07% | +0.50pp |
| Inflation (CPI %) | 4.35% | 3.80% | -0.55pp |
| Unemployment Rate (%) | 2.59% | 2.58% | -0.01pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $79.06 billion
- GDP per Capita
- $1,224.49
- GDP Growth (Annual %)
- 5.07%
- Gross National Income
- $77.55 billion
Prices & Employment
- Inflation (CPI %)
- 3.80%
- Inflation (GDP Deflator %)
- 2.75%
- Unemployment Rate (%)
- 2.58%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -3.74%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Tanzania's Gross Domestic Product (GDP) is $79.06 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Tanzania for 2023 is $1,224.49. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Tanzania for 2023 is 3.80%. This measures the annual percentage change in the cost of consumer goods and services.
Tanzania's annual GDP growth rate for 2023 is 5.07%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Tanzania for 2023 is 2.58%. This represents the percentage of the labor force that is unemployed and actively seeking employment.