GDP in Tanzania

Tanzania GDP | Economic News & Forecasts

Tanzania - GDP

The economy performed quite solidly in the January-November period, despite probably losing steam from last year, likely powered by domestic demand. In the year ending November, bank credit expanded robustly, especially to households, and trade and manufacturing companies. Moreover, imports increased robustly, on the back of surging purchases of capital goods associated with the government’s infrastructure push. On the flip side, the current account deficit widened notably, partly due to a sizeable drop in exports, which were weighed down by declining foreign sales of gold and manufactured goods. In the political arena, in early January the government named a new mining minister, as part of its efforts to crackdown on mining firms.

Tanzania - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)7.3  6.9  7.0  7.0  -     

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Tanzania GDP Chart

Tanzania GDP
Note: GDP, annual variation in %.
Source: National Bureau of Statistics

Tanzania Facts

Exchange Rate2,3130.0 %Jan 30
Stock Market0.10.0 %Jan 30

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