What is the GDP of Tanzania?

Tanzania's GDP is approximately $78.8 billion USD. The GDP growth rate is 5.5%.

What is the population of Tanzania?

Tanzania has a population of approximately 68.6 million people. The population growth rate is 2.9%.

What is the inflation rate in Tanzania?

The inflation rate in Tanzania is 3.1%.

What is the unemployment rate in Tanzania?

The unemployment rate in Tanzania is 1.6%.

What is the GDP per capita of Tanzania?

Tanzania's GDP per capita is approximately $1,187 USD.

Is Tanzania a good country to invest in?

Tanzania has an investment score of 42/100, classified as "Caution" risk. Key sectors include Agriculture, Mining (Gold, Tanzanite), Tourism. Credit rating: NR.

How open is Tanzania's economy to trade?

Tanzania's trade openness (trade as % of GDP) is 42%. Exports total approximately $15.6B and imports $17.1B.

How much foreign investment does Tanzania attract?

Foreign direct investment (FDI) in Tanzania is 2.2% of GDP. There may be opportunities for early-mover investors.

What are the main economic sectors in Tanzania?

Tanzania's economy is composed of services (30% of GDP), industry (29% of GDP), and agriculture (23% of GDP).

Can I start a business in Tanzania as a foreigner?

Tanzania offers various options for foreign entrepreneurs. Visit our business setup guide for Tanzania for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Tanzania's economy growing?

Tanzania's GDP growth rate is 5.5%. This is above the global average, indicating strong economic momentum.

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Tanzania Economy Overview

Name: Tanzania Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Sub-Saharan AfricaLower MiddleCapital: DodomaTZA

Caution

Growing

78.8B USD

GDP (Nominal)

Growing at 5.5%

$1,187

GDP Per Capita

Developing economy

68.6M

Population

+2.9% annual growth

Stable

3.1%

Inflation

Moderate

42%of GDP

Trade Openness

Strong

2.2%of GDP

FDI Inflows

Public Debt

Low

1.6%

Unemployment

Deficit

-$1.5B

Trade Balance

GDP

Billion USD, nominal

$78.8B

2024-0.2B

GDP Growth

Annual %

5.5%

2024+0.4%

Inflation

Consumer prices, annual %

3.1%

2024-0.7%

Population

Millions

68.6M

2024+1.9M

Economic Structure

Services30%

Industry29%

Agriculture23%

Investment Score Breakdown

Economic Health (30%)45

Political Safety (25%)38

Business Climate (20%)42

Financial Strength (15%)38

Growth Potential (10%)55

Key Sectors

Agriculture

26% of GDP

stable

Mining (Gold, Tanzanite)

5% of GDP

growing

Tourism

6% of GDP

growing

Construction

8% of GDP

growing

Should I Invest in Tanzania?

CautionSetup: ModerateROI: Moderate

Tanzania scores 42/100 on the NationsData Investment Index, rated "Caution". The economy is growing at 5.5%, offering expanding market opportunity.

Investment Score42/100

GDP Growth5.5%

Inflation4%

FDI/GDP2.5%

Public Debt42%

Political Stability-0.2

Strengths

+Strong GDP growth at 5.5% - expanding market opportunity

Risks

-Moderate political risk - monitor regulatory changes closely
-Corruption is a significant concern - budget for compliance and due diligence

Best For

Mass-market consumer products

Also Consider

Senegal

Same region, similar income level, faster growth (8.5%)

Uganda

Same region, similar income level

Zambia

Same region, similar income level

Benin

Same region, similar income level

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