tz Tanzania 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$66.07 billion

↑ 8.26% vs 2019
GDP per Capita

$1,117.42

↑ 5.09% vs 2019
GDP Growth (Annual %)

1.99%

↓ 3.81pp vs 2019
Inflation Rate (CPI %)

3.29%

↓ 0.17pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $61.03 billion $66.07 billion +8.26%
GDP per Capita $1,063.32 $1,117.42 +5.09%
GDP Growth (Annual %) 5.80% 1.99% -3.81pp
Inflation (CPI %) 3.46% 3.29% -0.17pp
Unemployment Rate (%) 2.50% 2.78% +0.29pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$66.07 billion
GDP per Capita
$1,117.42
GDP Growth (Annual %)
1.99%
Gross National Income
$64.80 billion
Prices & Employment
Inflation (CPI %)
3.29%
Inflation (GDP Deflator %)
6.42%
Unemployment Rate (%)
2.78%
Interest Rate (Real %)
9.64%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-2.21%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Tanzania's Gross Domestic Product (GDP) is $66.07 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Tanzania for 2020 is $1,117.42. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Tanzania for 2020 is 3.29%. This measures the annual percentage change in the cost of consumer goods and services.

Tanzania's annual GDP growth rate for 2020 is 1.99%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Tanzania for 2020 is 2.78%. This represents the percentage of the labor force that is unemployed and actively seeking employment.