Indicators of economy in Tanzania

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in Tanzania reached 1.045 US dollars per inhabitant, or 62.41 bn US Dollar in the whole country. Tanzania is therefore currently ranked 74 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Tanzania is in the list of the world's richest countries in place 153.

Inflation in Tanzania was in 2020 at around 3.29%. For the the EU, the average of the same was year at 0.51%.

Compared to Germany, the prices for convenience goods are approximately 62.27% lower.
The Corruption Perceptions Index for the public sector counts 38 and is compared to other countries bad.


Back to overview: Tanzania