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Tanzania GDP

Tanzania's GDP fell to $78.78 billion in 2024, down from $79.06 billion in 2023, according to World Bank. This represents a decrease of 0.4% ($282.54 million) from the previous year and accounts for 0.07% of the world's total GDP. Tanzania has GDP higher than the global median ($78.78 billion vs median $35.85 billion). Compared with the median in Africa, Tanzania is higher ($78.78 billion vs regional median $20.75 billion) and ranks 11th out of 52 countries in Africa.

Tanzania's GDP per capita rose to $1,120.77 in 2024, up from $1,092.86 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 78.78
2023 79.06
2022 75.77
2021 70.66
2020 66.07
2019 61.03
2018 57
2017 53.27
2016 49.77
2015 47.41
2014 49.99
2013 45.65
2012 39.65
2011 34.66
2010 32.01
2009 29.4
2008 27.95
2007 21.86
2006 18.62
2005 18.4
2004 16.67
2003 15.21
2002 14.13
2001 13.56
2000 13.37
1999 12.7
1998 12.17
1997 11.16
1996 9.43
1995 7.63
1994 6.55
1993 6.18
1992 6.68
1991 7.2
1990 6.18
1989 6.42
1988 7.41
1987 7.82
1986 10.84
1985 15.33
1984 12.91
1983 14.05
1982 13.93
1981 13.16
1980 11.41
1979 9.8
1978 9.26
1977 7.73
1976 6.47
1975 5.73
1974 4.98
1973 4.14
1972 3.47
1971 3.05
1970 2.85
1969 5.14
1968 4.9
1967 4.57
1966 4.38
1965 3.82
1964 3.75
1963 3.46
1962 3.1
1961 2.83
1960 2.65
Tanzania GDP : Definition
GDP measures the total value of all goods and services produced in Tanzania, measured in current US dollars. It is also called Nominal GDP.