Annual growth of the gross capital formation in United Republic of Tanzania
United Republic of Tanzania: Annual growth of the gross capital formation was 5.6% in 2024. ◆ Volatile
Annual growth of the gross capital formation in United Republic of Tanzania, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of the gross capital formation in United Republic of Tanzania stood at 5.6%.
The figure is down 8.1% on the previous year and down 41.9% over ten years.
Over the whole period, annual growth of the gross capital formation in United Republic of Tanzania peaked at 23.9% in 2013 and was at its lowest, -2.8%, in 2015.
That places United Republic of Tanzania 63rd out of 174 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in United Republic of Tanzania, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 6.3% | — |
| 2001 | 13.1% | +106.7% |
| 2002 | 8.5% | -35.0% |
| 2003 | 15.0% | +76.8% |
| 2004 | 11.0% | -26.6% |
| 2005 | 20.3% | +84.3% |
| 2006 | 16.5% | -18.8% |
| 2007 | 15.3% | -7.5% |
| 2008 | 23.0% | +50.4% |
| 2009 | 7.9% | -65.7% |
| 2010 | 2.6% | -67.7% |
| 2011 | 14.0% | +449.0% |
| 2012 | 8.6% | -38.6% |
| 2013 | 23.9% | +177.8% |
| 2014 | 9.6% | -59.8% |
| 2015 | -2.8% | -129.4% |
| 2016 | 9.3% | -431.5% |
| 2017 | 7.5% | -19.9% |
| 2018 | 14.2% | +89.5% |
| 2019 | 1.7% | -87.8% |
| 2020 | 6.4% | +271.7% |
| 2021 | 8.4% | +30.4% |
| 2022 | 10.2% | +22.1% |
| 2023 | 6.1% | -40.6% |
| 2024 | 5.6% | -8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.7% | 6.3% | 23.0% | 10 |
| 2010s | 8.9% | -2.8% | 23.9% | 10 |
| 2020s | 7.3% | 5.6% | 10.2% | 5 |
Countries ranked near United Republic of Tanzania
- 60 United Kingdom of Great Britain and Northern Ireland 6.2% compare
- 60 United Kingdom 6.2% compare
- 62 Kazakhstan 5.6% compare
- 64 Congo 5.5% compare
- 65 Bulgaria 5.3% compare
- 66 Colombia 5.2% compare
More economy & growth data for United Republic of Tanzania
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 45.11 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 5.25 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -2.58 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 5.28 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 5.28 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency 211.61 million million SLC (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.28 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 5.25 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 45.11 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -2.58 % (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in United Republic of Tanzania?
- Annual growth of the gross capital formation in United Republic of Tanzania was 5.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in United Republic of Tanzania?
- The highest recorded value was 23.9% in 2013.
- What is the lowest annual growth of the gross capital formation recorded in United Republic of Tanzania?
- The lowest recorded value was -2.8% in 2015.
- How does United Republic of Tanzania rank for annual growth of the gross capital formation?
- United Republic of Tanzania ranks 63rd out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in United Republic of Tanzania?
- Over the last ten years it is down 41.9%. The long-run trend across the full record is volatile.
- Where does this United Republic of Tanzania data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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