Indicators of economy in Tanzania

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Tanzania, on the other hand, reached USD 1,067 per capita, or 67.84 billion USD for the whole country. Tanzania is therefore currently ranked 77 of the major economies. If this is calculated per inhabitant, taking purchasing power parity into account, then Tanzania ranks 166th in the list of the richest countries.

Inflation in Tanzania in 2021 was around 3.69%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 66.2 percent lower.
The index for perceived corruption in the public sector is 39, which is below average by global standards.


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