This statistic shows the share of economic sectors in the gross domestic product (GDP) in Tanzania from 2013 to 2023. In 2023, the share of agriculture in Tanzania's gross domestic product was 23.69 percent, industry contributed approximately 28.03 percent and the services sector contributed about 28.7 percent.
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The Gross Domestic Product (GDP) in Tanzania was worth 78.78 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Tanzania represents 0.07 percent of the world economy. This dataset provides the latest reported value for - Tanzania GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In the fourth quarter of 2023, primary activities constituted the largest share of Tanzania's Gross Domestic Product (GDP) in the fourth quarter of 2023, at 40.5 percent. These activities include agriculture, fishing, and mining. Tertiary activities (service sector) followed closely, with a 39 percent. However, secondary activities, which concern industry and construction, had a share of 20.5 percent of the Tanzanian GDP.
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Tanzania TZ: Claims on Other Sectors of The Domestic Economy: % of GDP data was reported at 16.099 % in 2016. This records a decrease from the previous number of 17.052 % for 2015. Tanzania TZ: Claims on Other Sectors of The Domestic Economy: % of GDP data is updated yearly, averaging 13.450 % from Dec 2001 (Median) to 2016, with 16 observations. The data reached an all-time high of 17.052 % in 2015 and a record low of 5.437 % in 2001. Tanzania TZ: Claims on Other Sectors of The Domestic Economy: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tanzania – Table TZ.World Bank.WDI: Bank Loans. Claims on other sectors of the domestic economy (IFS line 52S or 32S) include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds.; ; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; Weighted average;
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The Gross Domestic Product (GDP) in Tanzania expanded 5.20 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Tanzania GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
As of Q4 2021, agricultural activities accounted for nearly ** percent of Tanzania's Gross Domestic Product (GDP). In 2020, the share amounted to **** percent. Agriculture is one of the main economic sectors in Tanzania. Since 2012, its contribution to the country's economy has remained above ** percent.
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Tanzania TZ: GDP: Growth data was reported at 7.104 % in 2017. This records an increase from the previous number of 6.968 % for 2016. Tanzania TZ: GDP: Growth data is updated yearly, averaging 5.567 % from Dec 1989 (Median) to 2017, with 29 observations. The data reached an all-time high of 8.464 % in 2007 and a record low of 0.584 % in 1992. Tanzania TZ: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tanzania – Table TZ.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
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<ul style='margin-top:20px;'>
<li>Tanzania gdp growth rate for 2022 was <strong>4.57%</strong>, a <strong>0.24% increase</strong> from 2021.</li>
<li>Tanzania gdp growth rate for 2021 was <strong>4.32%</strong>, a <strong>2.33% increase</strong> from 2020.</li>
<li>Tanzania gdp growth rate for 2020 was <strong>1.99%</strong>, a <strong>3.81% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
As of the fourth quarter of 2023, financial and insurance economic activities in Tanzania composed the highest growth, with almost 18 percent. Information and communication followed, with a share of around 12 percent. Overall, Tanzania's GDP recorded a growth rate of 4.9 percent in the period observed.
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The latest data from show economic growth of 5.2 percent,
which is a decrease from the rate of growth of 6.2 percent in the previous quarter and
an increase compared to the growth rate of 5.02 percent in the same quarter last year.
The economic growth time series for Tanzania cover the period...
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Tanzania TZ: GDP: Growth: Final Consumption Expenditure data was reported at 15.802 % in 2016. This records an increase from the previous number of 0.289 % for 2015. Tanzania TZ: GDP: Growth: Final Consumption Expenditure data is updated yearly, averaging 4.659 % from Dec 1991 (Median) to 2016, with 26 observations. The data reached an all-time high of 15.802 % in 2016 and a record low of -0.682 % in 1993. Tanzania TZ: GDP: Growth: Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tanzania – Table TZ.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
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Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Millenium development goals, Climate Change, External Debt, Trade.
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Tanzania: Informal economy, DGE method: The latest value from 2020 is 40.7 percent, a decline from 41.6 percent in 2019. In comparison, the world average is 28.16 percent, based on data from 156 countries. Historically, the average for Tanzania from 1990 to 2020 is 52.56 percent. The minimum value, 40.7 percent, was reached in 2020 while the maximum of 58.4 percent was recorded in 1997.
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Tanzania TZ: GDP: Market Price: Linked Series data was reported at 116,101,907.854 TZS mn in 2017. This records an increase from the previous number of 103,168,610.921 TZS mn for 2016. Tanzania TZ: GDP: Market Price: Linked Series data is updated yearly, averaging 14,386,298.612 TZS mn from Dec 1989 (Median) to 2017, with 29 observations. The data reached an all-time high of 116,101,907.854 TZS mn in 2017 and a record low of 834,791.930 TZS mn in 1989. Tanzania TZ: GDP: Market Price: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tanzania – Table TZ.World Bank.WDI: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;
The statistic shows the distribution of employment in Tanzania by economic sector from 2013 to 2023. In 2023, 65.37 percent of the employees in Tanzania were active in the agricultural sector, 8.43 percent in industry and 26.2 percent in the service sector.
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Tanzania TZ: Imports: Goods: by Reporting Economy data was reported at 7.914 USD bn in 2016. This records a decrease from the previous number of 14.783 USD bn for 2015. Tanzania TZ: Imports: Goods: by Reporting Economy data is updated yearly, averaging 1.131 USD bn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 14.783 USD bn in 2015 and a record low of 82.700 USD mn in 1960. Tanzania TZ: Imports: Goods: by Reporting Economy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tanzania – Table TZ.World Bank.WDI: Imports. Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Sum;
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Tanzania: Informal economy, MIMIC method: The latest value from 2020 is 52.2 percent, an increase from 52 percent in 2019. In comparison, the world average is 32.74 percent, based on data from 158 countries. Historically, the average for Tanzania from 1993 to 2020 is 56.09 percent. The minimum value, 52 percent, was reached in 2019 while the maximum of 60.5 percent was recorded in 1993.
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Tanzania import data: Discover the growth of East Africa's emerging economy powered by diversified trade and strategic partnerships.
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GDP from Agriculture in Tanzania increased to 11252481 TZS Million in the fourth quarter of 2024 from 7003566.89 TZS Million in the third quarter of 2024. This dataset provides - Tanzania Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Tanzania TZ: GDP: PPP data was reported at 163,886.239 Intl $ mn in 2017. This records an increase from the previous number of 150,311.178 Intl $ mn for 2016. Tanzania TZ: GDP: PPP data is updated yearly, averaging 52,856.251 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 163,886.239 Intl $ mn in 2017 and a record low of 23,560.054 Intl $ mn in 1990. Tanzania TZ: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tanzania – Table TZ.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;
This statistic shows the share of economic sectors in the gross domestic product (GDP) in Tanzania from 2013 to 2023. In 2023, the share of agriculture in Tanzania's gross domestic product was 23.69 percent, industry contributed approximately 28.03 percent and the services sector contributed about 28.7 percent.