Annual growth of the gross capital formation in Tanzania, United Republic of
Tanzania, United Republic of: Annual growth of the gross capital formation was 5.6% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Tanzania, United Republic of, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Tanzania, United Republic of recorded 5.6% for annual growth of the gross capital formation in 2024.
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 Tanzania, United Republic of peaked at 23.9% in 2013 and was at its lowest, -2.8%, in 2015.
That places Tanzania, United Republic of 59th out of 167 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 Tanzania, United Republic of, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 6.3% | — |
| 2001 | 13.1% | +106.5% |
| 2002 | 8.5% | -35.0% |
| 2003 | 15.1% | +76.9% |
| 2004 | 11.0% | -26.6% |
| 2005 | 20.4% | +84.3% |
| 2006 | 16.5% | -18.8% |
| 2007 | 15.3% | -7.5% |
| 2008 | 23.0% | +50.4% |
| 2009 | 7.9% | -65.7% |
| 2010 | 2.5% | -67.7% |
| 2011 | 14.0% | +449.0% |
| 2012 | 8.6% | -38.6% |
| 2013 | 23.9% | +178.0% |
| 2014 | 9.6% | -59.8% |
| 2015 | -2.8% | -129.4% |
| 2016 | 9.3% | -431.2% |
| 2017 | 7.5% | -19.9% |
| 2018 | 14.2% | +89.6% |
| 2019 | 1.7% | -87.8% |
| 2020 | 6.4% | +271.1% |
| 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 Tanzania, United Republic of
More economy & growth data for Tanzania, United Republic of
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 711.3 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 13.38 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 1,291 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 10.89 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 2,566 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 3.28 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 6.94 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Tanzania, United Republic of?
- Annual growth of the gross capital formation in Tanzania, United Republic of was 5.6% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Tanzania, United Republic of?
- The highest recorded value was 23.9% in 2013.
- What is the lowest annual growth of the gross capital formation recorded in Tanzania, United Republic of?
- The lowest recorded value was -2.8% in 2015.
- How does Tanzania, United Republic of rank for annual growth of the gross capital formation?
- Tanzania, United Republic of ranks 59th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Tanzania, United Republic of?
- Over the last ten years it is down 41.9%. The long-run trend across the full record is volatile.
- Where does this Tanzania, United Republic of data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).