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Trading Basics

Tanzania

Capital
Dodoma
Region
Sub-Saharan Africa
Income group
Lower middle income
Population
70.5 million (2025)

At a glance

  • Prices in Tanzania rose 3.3% in 2025, close to the middle of the range worldwide.
  • Tanzania's economy grew 5.9% in 2025, faster than most economies.
  • Output per person in Tanzania was US$1,319 in 2025, lower than in most countries.
  • 1.6% of Tanzania's labour force had no job in 2025, a lower share than in most countries.
  • Tanzania had 70.5 million people in 2025: about 0.9% of everyone on Earth, the 21st largest population of 217 countries and territories.
  • Tanzania had a current account deficit of 3.0% of GDP in 2024, lower than in most countries.

Consumer prices, change over the year (yearly average)

3.3%
World median 3.0%

Since 2000

Show the numbers
Inflation in Tanzania and the world median, last ten years
YearTanzaniaWorld median
20253.3%3.0%
20243.1%3.0%
20233.8%5.7%
20224.4%8.0%
20213.7%3.5%
20203.3%1.9%
20193.5%2.2%
20183.5%2.5%
20175.3%2.3%
20165.2%1.6%

Real GDP, change over the year

5.9%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Tanzania and the world median, last ten years
YearTanzaniaWorld median
20255.9%3.4%
20245.5%3.4%
20235.1%3.2%
20224.6%4.3%
20214.3%5.1%
20202.0%−3.8%
20195.8%2.8%
20185.5%3.2%
20176.7%3.3%
20166.9%3.1%

GDP divided by population, in US dollars at current prices

US$1,319
World median US$7,882

Since 2000

Show the numbers
GDP per person in Tanzania and the world median, last ten years
YearTanzaniaWorld median
2025US$1,319US$7,882
2024US$1,193US$7,853
2023US$1,224US$7,862
2022US$1,208US$7,656
2021US$1,160US$7,269
2020US$1,117US$6,433
2019US$1,063US$7,037
2018US$1,023US$6,978
2017US$987US$6,548
2016US$953US$5,982

Share of the labour force without a job (ILO modelled estimate)

1.6%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Tanzania and the world median, last ten years
YearTanzaniaWorld median
20251.6%5.1%
20241.6%5.1%
20231.6%5.2%
20221.6%5.3%
20211.9%6.0%
20201.8%6.4%
20191.7%5.4%
20181.8%5.4%
20171.9%5.6%
20161.9%5.9%

Everyone living in the country, mid-year

70.5 million

Since 2000

Show the numbers
Population in Tanzania and the world median, last ten years
YearTanzania
202570.5 million
202468.6 million
202366.6 million
202264.7 million
202162.8 million
202061.0 million
201959.2 million
201857.4 million
201755.7 million
201653.8 million

Current account balance, % of GDP

−3.0%
World median −1.3%

Since 2000

Show the numbers
Current account balance in Tanzania and the world median, last ten years
YearTanzaniaWorld median
2024−3.0%−1.3%
2023−3.8%−1.2%
2022−7.2%−3.0%
2021−3.4%−2.4%
2020−2.2%−1.7%
2019−2.2%−2.1%
2018−4.1%−2.9%
2017−2.8%−2.1%
2016−2.5%−2.8%
2015−5.5%−2.8%

No recent World Bank figure for Tanzania: government debt.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Tanzania since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.