Gross Domestic Product — Value Standard Local Currency, annual growth in United Republic of Tanzania
United Republic of Tanzania: Gross Domestic Product — Value Standard Local Currency, annual growth was 8.76 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in United Republic of Tanzania, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
United Republic of Tanzania recorded 8.76 % change on previous year for gross domestic product — value standard local currency, annual growth in 2024.
That represents a change of down 15.5% on the previous year and down 34.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in United Republic of Tanzania peaked at 80.08 % change on previous year in 1988 and was at its lowest, 4.72 % change on previous year, in 2018.
United Republic of Tanzania ranks 76th of 218 countries on this measure, 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 — Value Standard Local Currency, annual growth in United Republic of Tanzania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.99 % change on previous year | — |
| 1972 | 13.84 % change on previous year | +98.0% |
| 1973 | 17.28 % change on previous year | +24.9% |
| 1974 | 22.06 % change on previous year | +27.7% |
| 1975 | 18.86 % change on previous year | -14.5% |
| 1976 | 23.15 % change on previous year | +22.7% |
| 1977 | 18.22 % change on previous year | -21.3% |
| 1978 | 11.43 % change on previous year | -37.2% |
| 1979 | 12.79 % change on previous year | +11.8% |
| 1980 | 16.08 % change on previous year | +25.7% |
| 1981 | 16.58 % change on previous year | +3.1% |
| 1982 | 18.58 % change on previous year | +12.1% |
| 1983 | 21.1 % change on previous year | +13.5% |
| 1984 | 26.07 % change on previous year | +23.6% |
| 1985 | 26 % change on previous year | -0.3% |
| 1986 | 32.2 % change on previous year | +23.9% |
| 1987 | 37.71 % change on previous year | +17.1% |
| 1988 | 80.08 % change on previous year | +112.4% |
| 1989 | 54.22 % change on previous year | -32.3% |
| 1990 | 32.76 % change on previous year | -39.6% |
| 1991 | 26.99 % change on previous year | -17.6% |
| 1992 | 21.22 % change on previous year | -21.4% |
| 1993 | 24.41 % change on previous year | +15.0% |
| 1994 | 29.72 % change on previous year | +21.8% |
| 1995 | 31.54 % change on previous year | +6.1% |
| 1996 | 24.88 % change on previous year | -21.1% |
| 1997 | 24.77 % change on previous year | -0.4% |
| 1998 | 18.22 % change on previous year | -26.5% |
| 1999 | 14.85 % change on previous year | -18.5% |
| 2000 | 12.92 % change on previous year | -13.0% |
| 2001 | 11.74 % change on previous year | -9.2% |
| 2002 | 14.78 % change on previous year | +25.9% |
| 2003 | 15.82 % change on previous year | +7.0% |
| 2004 | 15.51 % change on previous year | -1.9% |
| 2005 | 14.28 % change on previous year | -8.0% |
| 2006 | 22.08 % change on previous year | +54.6% |
| 2007 | 14.91 % change on previous year | -32.5% |
| 2008 | 22.32 % change on previous year | +49.7% |
| 2009 | 15.11 % change on previous year | -32.3% |
| 2010 | 16.17 % change on previous year | +7.0% |
| 2011 | 20.31 % change on previous year | +25.6% |
| 2012 | 16.45 % change on previous year | -19.0% |
| 2013 | 17.05 % change on previous year | +3.6% |
| 2014 | 13.27 % change on previous year | -22.2% |
| 2015 | 14.1 % change on previous year | +6.3% |
| 2016 | 14.9 % change on previous year | +5.7% |
| 2017 | 9.78 % change on previous year | -34.4% |
| 2018 | 4.72 % change on previous year | -51.8% |
| 2019 | 8.57 % change on previous year | +81.7% |
| 2020 | 7.88 % change on previous year | -8.0% |
| 2021 | 7.56 % change on previous year | -4.1% |
| 2022 | 9.55 % change on previous year | +26.4% |
| 2023 | 10.37 % change on previous year | +8.5% |
| 2024 | 8.76 % change on previous year | -15.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.07 % change on previous year | 6.99 % change on previous year | 23.15 % change on previous year | 9 |
| 1980s | 32.86 % change on previous year | 16.08 % change on previous year | 80.08 % change on previous year | 10 |
| 1990s | 24.93 % change on previous year | 14.85 % change on previous year | 32.76 % change on previous year | 10 |
| 2000s | 15.95 % change on previous year | 11.74 % change on previous year | 22.32 % change on previous year | 10 |
| 2010s | 13.53 % change on previous year | 4.72 % change on previous year | 20.31 % change on previous year | 10 |
| 2020s | 8.82 % change on previous year | 7.56 % change on previous year | 10.37 % change on previous year | 5 |
Countries ranked near United Republic of Tanzania
- 73 Bhutan 8.88 % change on previous year compare
- 74 Honduras 8.84 % change on previous year compare
- 75 Philippines 8.77 % change on previous year compare
- 77 Mauritius 8.73 % change on previous year compare
- 78 Nauru 8.69 % change on previous year compare
- 79 Cote d'Ivoire 8.65 % change on previous year compare
More economy & growth data for United Republic of Tanzania
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 5.53 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency 211.61 million million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 5.28 % 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$, annual growth rate -2.58 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 5.25 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 0.6673 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local -0.0245 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -7.46 % change on previous year (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 45.11 % (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, annual growth in United Republic of Tanzania?
- Gross domestic product — value standard local currency, annual growth in United Republic of Tanzania was 8.76 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in United Republic of Tanzania?
- The highest recorded value was 80.08 % change on previous year in 1988.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in United Republic of Tanzania?
- The lowest recorded value was 4.72 % change on previous year in 2018.
- How does United Republic of Tanzania rank for gross domestic product — value standard local currency, annual growth?
- United Republic of Tanzania ranks 76th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in United Republic of Tanzania?
- Over the last ten years it is down 34.0%. The long-run trend across the full record is volatile.
- Where does this United Republic of Tanzania data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.