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 10.915 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 167.

Inflation in Tanzania was in 2020 at around 3.29%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 65.9% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


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