Tanzania | Economic Indicators

Markets Last Previous Average Unit Reference Frequency
Currency 1635.50 1635.50 1337.57 2014-04-22 Daily [+]
GDP Last Previous Average Unit Reference Frequency
GDP 28.25 23.87 11.24 USD Billion 2012-12-31 Yearly [+]
GDP Growth Rate 1.50 1.60 1.78 Percent 2010-09-30 Quarterly [+]
GDP Annual Growth Rate 6.50 6.70 7.00 Percent 2013-09-30 Quarterly [+]
GDP per capita 483.48 466.37 341.72 USD 2012-12-31 Yearly [+]
GDP per capita PPP 1379.63 1330.79 975.10 USD 2012-12-31 Yearly [+]
Labour Last Previous Average Unit Reference Frequency
Unemployment Rate 10.70 11.70 11.88 Percent 2011-10-31 Yearly [+]
Population 47.78 46.35 24.67 Million 2012-12-31 Yearly [+]
Prices Last Previous Average Unit Reference Frequency
Consumer Price Index (cpi) 224.30 221.30 85.37 Index Points 2014-02-15 Monthly [+]
Inflation Rate 6.10 6.00 7.66 Percent 2014-03-31 Monthly [+]
Money Last Previous Average Unit Reference Frequency
Interest Rate 12.00 12.00 12.65 Percent 2014-03-31 Monthly [+]
Trade Last Previous Average Unit Reference Frequency
Balance of Trade -432.30 -263.50 -303.86 USD Million 2014-01-31 Monthly [+]
Current Account -458.40 -228.10 -259.48 USD Million 2014-01-31 Monthly [+]
Exports 769.30 799.90 471.44 USD Million 2014-01-31 Monthly [+]
Imports 1201.60 1063.40 775.97 USD Million 2014-01-31 Monthly [+]
Current Account to GDP -11.10 -11.90 -6.32 Percent 2012-12-31 Yearly [+]
Government Last Previous Average Unit Reference Frequency
Credit Rating 15.00 Monthly [+]
Government Budget -9.30 -9.60 -7.60 Percent of GDP 2013-06-30 Yearly [+]
Government Debt To GDP 39.90 39.50 49.44 Percent 2013-06-30 Yearly [+]
Taxes Last Previous Average Unit Reference Frequency
Corporate Tax Rate 30.00 30.00 30.00 percent 2014-01-01 Yearly [+]
Personal Income Tax Rate 30.00 30.00 30.00 percent 2013-01-01 Yearly [+]
Sales Tax Rate 18.00 18.00 18.89 Percent 2014-01-01 Yearly [+]





RELATED NEWS

Tanzanian Inflation Rate Edges Up Slightly in March  
The annual consumer prices in Tanzania accelerated to 6.1 percent in March of 2014, from 6.0 percent recorded in February, as food cost edged up. Compared with the same period a year earlier, the inflation rate slowed down from 9.8 in March of 2013.
Tanzania Inflation Rate Unchanged in February  
Tanzania's annual inflation rate was 6.0 percent in February of 2014, unchanged from the previous month. The government targets 5.0 percent inflation by June.
Tanzania Inflation Rate Accelerates in January  
In January of 2014, Tanzania’s annual inflation rate increased to 6 percent after falling in December to a 3-year low at 5.6 percent. The rise was mainly due to higher cost of electricity and natural gas and school fees for both private primary and secondary schools.
Tanzania Inflation Rate Slows in December  
In December of 2013, Tanzanian annual inflation rate slowed to 5.6 percent from 6.2 percent in November. In contrast, monthly inflation accelerated to 1.3 percent due to higher cost of both food and non food items such as petrol and clothing.
Tanzania Inflation Rate Falls to 6.2% in November  
In November of 2013, Tanzanian inflation rate regained its downward trend and slowed to 6.2 percent, after accelerating to 6.3 percent in the previous month.
Tanzania Inflation Rate Accelerates to 6.3% in October  
In October of 2013, Tanzanian annual inflation rate increased to 6.3 percent, slightly up from 6.1 percent in the previous month. With the exception of December last year when the rate remained steady, inflation has been on a downward trend since December of 2011, as good harvest seasons led to a fall in food prices.
Tanzania Inflation Rate Decreases to 6.1% In September  
In September of 2013, Tanzanian inflation rate eased to 6.1 percent, from 6.7 percent in August, mainly due to a slowdown in housing and transport prices.
Tanzania Inflation Rate Eases to 6.7% in August  
In August of 2013, Tanzanian inflation rate eased to 6.7 percent, the lowest rate since January of 2011, mainly due to lower food prices.
Tanzania Inflation Rate Slows to 7.5% in July  
In July of 2013, Tanzanian year-on-year inflation rate eased for the seventh consecutive month to 7.5 percent, from 7.6 percent recorded in June, mainly due to lower energy cost.
Tanzanian Inflation Rate Down to 28-Month Low in June  
In June of 2013, Tanzanian year-on-year inflation rate eased for the sixth month in a row to 7.6 percent, the lowest rate since February of 2011. All food and non-food prices decelerated in June, except for education which remained unchanged from May's figure.
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LATEST NEWS

US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
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This page includes a list of indicators for Tanzania. Tanzania | Economic Indicators - provides data from several countries including actual values, consensus figures, forecasts, historical time series and news. 4/23/2014