tz Tanzania 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$82.40 billion

↑ 4.22% vs 2023
GDP per Capita

$1,276.19

↑ 4.22% vs 2023
GDP Growth (Annual %)

4.22%

↓ 0.85pp vs 2023
Inflation Rate (CPI %)

3.06%

↓ 0.74pp vs 2023

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $79.06 billion $82.40 billion +4.22%
GDP per Capita $1,224.49 $1,276.19 +4.22%
GDP Growth (Annual %) 5.07% 4.22% -0.85pp
Inflation (CPI %) 3.80% 3.06% -0.74pp
Unemployment Rate (%) 2.58% 2.58% -0.01pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$82.40 billion
GDP per Capita
$1,276.19
GDP Growth (Annual %)
4.22%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
3.06%
Inflation (GDP Deflator %)
N/A
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)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2024, Tanzania's Gross Domestic Product (GDP) is $82.40 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Tanzania for 2024 is $1,276.19. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Tanzania for 2024 is 3.06%. This measures the annual percentage change in the cost of consumer goods and services.

Tanzania's annual GDP growth rate for 2024 is 4.22%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Tanzania for 2024 is 2.58%. This represents the percentage of the labor force that is unemployed and actively seeking employment.