Gross domestic product (GDP) in Tanzania

Tanzania: Gross domestic product (GDP) was 230.60 billion international-$ in 2021 prices in 2023. ◆ Volatile

Latest (2023)
230.60 billion international-$ in 2021 prices
Change on year
up 5.4%
World rank
70th
of 184 countries
All-time high
230.60 billion international-$ in 2021 prices
in 2023
All-time low
12.81 billion international-$ in 2021 prices
in 1960
Years of data
64
1960–2023

Gross domestic product (GDP) in Tanzania, 1960–2023

050.0B100.0B150.0B200.0B250.0B196019912023

Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

The most recent figure for gross domestic product (gdp) in Tanzania is 230.60 billion international-$ in 2021 prices, measured in 2023. That is the highest value across all 64 years on record.

That represents a change of up 5.4% on the previous year and up 89.4% over ten years.

Over the whole period, gross domestic product (gdp) in Tanzania peaked at 230.60 billion international-$ in 2021 prices in 2023 and was at its lowest, 12.81 billion international-$ in 2021 prices, in 1960.

That places Tanzania 70th out of 184 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP) in Tanzania, year by year

Annual values for Gross domestic product (GDP) in Tanzania, 1960 to 2023.
Year international-$ in 2021 prices Change
1960 12.81 billion international-$ in 2021 prices
1961 13.15 billion international-$ in 2021 prices +2.7%
1962 14.42 billion international-$ in 2021 prices +9.7%
1963 15.49 billion international-$ in 2021 prices +7.4%
1964 17.90 billion international-$ in 2021 prices +15.6%
1965 18.08 billion international-$ in 2021 prices +1.0%
1966 19.44 billion international-$ in 2021 prices +7.5%
1967 20.52 billion international-$ in 2021 prices +5.5%
1968 21.93 billion international-$ in 2021 prices +6.9%
1969 22.97 billion international-$ in 2021 prices +4.7%
1970 24.85 billion international-$ in 2021 prices +8.2%
1971 26.05 billion international-$ in 2021 prices +4.8%
1972 27.51 billion international-$ in 2021 prices +5.6%
1973 29.60 billion international-$ in 2021 prices +7.6%
1974 30.71 billion international-$ in 2021 prices +3.7%
1975 33.09 billion international-$ in 2021 prices +7.8%
1976 36.32 billion international-$ in 2021 prices +9.8%
1977 35.27 billion international-$ in 2021 prices -2.9%
1978 36.24 billion international-$ in 2021 prices +2.8%
1979 37.09 billion international-$ in 2021 prices +2.3%
1980 35.30 billion international-$ in 2021 prices -4.8%
1981 31.32 billion international-$ in 2021 prices -11.3%
1982 31.69 billion international-$ in 2021 prices +1.2%
1983 33.57 billion international-$ in 2021 prices +5.9%
1984 35.70 billion international-$ in 2021 prices +6.3%
1985 40.91 billion international-$ in 2021 prices +14.6%
1986 27.67 billion international-$ in 2021 prices -32.4%
1987 22.83 billion international-$ in 2021 prices -17.5%
1988 29.92 billion international-$ in 2021 prices +31.0%
1989 28.77 billion international-$ in 2021 prices -3.9%
1990 29.38 billion international-$ in 2021 prices +2.1%
1991 29.79 billion international-$ in 2021 prices +1.4%
1992 28.31 billion international-$ in 2021 prices -4.9%
1993 27.01 billion international-$ in 2021 prices -4.6%
1994 26.76 billion international-$ in 2021 prices -0.9%
1995 29.05 billion international-$ in 2021 prices +8.6%
1996 30.96 billion international-$ in 2021 prices +6.6%
1997 34.40 billion international-$ in 2021 prices +11.1%
1998 37.03 billion international-$ in 2021 prices +7.6%
1999 39.51 billion international-$ in 2021 prices +6.7%
2000 42.27 billion international-$ in 2021 prices +7.0%
2001 45.96 billion international-$ in 2021 prices +8.7%
2002 50.49 billion international-$ in 2021 prices +9.9%
2003 54.14 billion international-$ in 2021 prices +7.2%
2004 57.65 billion international-$ in 2021 prices +6.5%
2005 65.38 billion international-$ in 2021 prices +13.4%
2006 72.38 billion international-$ in 2021 prices +10.7%
2007 79.45 billion international-$ in 2021 prices +9.8%
2008 87.20 billion international-$ in 2021 prices +9.8%
2009 93.37 billion international-$ in 2021 prices +7.1%
2010 107.03 billion international-$ in 2021 prices +14.6%
2011 125.89 billion international-$ in 2021 prices +17.6%
2012 118.93 billion international-$ in 2021 prices -5.5%
2013 121.78 billion international-$ in 2021 prices +2.4%
2014 125.67 billion international-$ in 2021 prices +3.2%
2015 137.43 billion international-$ in 2021 prices +9.4%
2016 140.13 billion international-$ in 2021 prices +2.0%
2017 140.73 billion international-$ in 2021 prices +0.4%
2018 155.01 billion international-$ in 2021 prices +10.2%
2019 170.70 billion international-$ in 2021 prices +10.1%
2020 183.94 billion international-$ in 2021 prices +7.8%
2021 200.86 billion international-$ in 2021 prices +9.2%
2022 218.72 billion international-$ in 2021 prices +8.9%
2023 230.60 billion international-$ in 2021 prices +5.4%

Tanzania compared with similar countries

  • Tanzania's 230.60 billion international-$ in 2021 prices is above the median for lower middle income countries, which is 72.56 billion international-$ in 2021 prices, 3.2× the median. (42 countries reporting)
  • Tanzania's 230.60 billion international-$ in 2021 prices is above the median for Sub-Saharan Africa, which is 45.59 billion international-$ in 2021 prices, 5.1× the median. (47 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP) in Tanzania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1986 -32.4% 40.91 billion international-$ in 2021 prices 27.67 billion international-$ in 2021 prices

Averages by decade

DecadeAverage LowestHighest Years
1960s 17.67 billion international-$ in 2021 prices 12.81 billion international-$ in 2021 prices 22.97 billion international-$ in 2021 prices 10
1970s 31.67 billion international-$ in 2021 prices 24.85 billion international-$ in 2021 prices 37.09 billion international-$ in 2021 prices 10
1980s 31.77 billion international-$ in 2021 prices 22.83 billion international-$ in 2021 prices 40.91 billion international-$ in 2021 prices 10
1990s 31.22 billion international-$ in 2021 prices 26.76 billion international-$ in 2021 prices 39.51 billion international-$ in 2021 prices 10
2000s 64.83 billion international-$ in 2021 prices 42.27 billion international-$ in 2021 prices 93.37 billion international-$ in 2021 prices 10
2010s 134.33 billion international-$ in 2021 prices 107.03 billion international-$ in 2021 prices 170.70 billion international-$ in 2021 prices 10
2020s 208.53 billion international-$ in 2021 prices 183.94 billion international-$ in 2021 prices 230.60 billion international-$ in 2021 prices 4

Countries ranked near Tanzania

  1. 67 Belarus 261.41 billion international-$ in 2021 prices compare
  2. 68 Ecuador 255.13 billion international-$ in 2021 prices compare
  3. 69 New Zealand 243.95 billion international-$ in 2021 prices compare
  4. 71 Angola 227.17 billion international-$ in 2021 prices compare
  5. 72 Guatemala 221.29 billion international-$ in 2021 prices compare
  6. 73 Oman 220.51 billion international-$ in 2021 prices compare

See the full ranking of 184 places →

More economy & growth data for Tanzania

All data for Tanzania →

Frequently asked questions

What is gross domestic product (gdp) in Tanzania?
Gross domestic product (gdp) in Tanzania was 230.60 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
What is the highest gross domestic product (gdp) recorded in Tanzania?
The highest recorded value was 230.60 billion international-$ in 2021 prices in 2023.
What is the lowest gross domestic product (gdp) recorded in Tanzania?
The lowest recorded value was 12.81 billion international-$ in 2021 prices in 1960.
How does Tanzania rank for gross domestic product (gdp)?
Tanzania ranks 70th out of 184 countries with data for 2023.
Is gross domestic product (gdp) rising or falling in Tanzania?
Over the last ten years it is up 89.4%. The long-run trend across the full record is volatile.
Where does this Tanzania data come from?
The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Gross domestic product (GDP) in Tanzania. Statizoid, drawing on Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://economy.statizoid.com/stat/gdp-penn-world-table/tanzania/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://economy.statizoid.com/stat/gdp-penn-world-table/tanzania/">Gross domestic product (GDP) in Tanzania</a> — Statizoid

About this data

Indicator
Gross domestic product (GDP)
Unit
international-$ in 2021 prices
Source
Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.