Gross Domestic Product — Value US$, 2015 prices in United Republic of Tanzania
United Republic of Tanzania: Gross Domestic Product — Value US$, 2015 prices was 80,605 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in United Republic of Tanzania, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in United Republic of Tanzania is 80,605 million USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 5.5% on the previous year and up 76.2% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in United Republic of Tanzania peaked at 80,605 million USD in 2024 and was at its lowest, 6,694 million USD, in 1970.
United Republic of Tanzania ranks 9th of 20 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in United Republic of Tanzania, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 6,694 million USD | — |
| 1971 | 6,974 million USD | +4.2% |
| 1972 | 7,443 million USD | +6.7% |
| 1973 | 7,671 million USD | +3.1% |
| 1974 | 7,863 million USD | +2.5% |
| 1975 | 8,327 million USD | +5.9% |
| 1976 | 8,859 million USD | +6.4% |
| 1977 | 8,894 million USD | +0.4% |
| 1978 | 9,002 million USD | +1.2% |
| 1979 | 9,304 million USD | +3.3% |
| 1980 | 9,582 million USD | +3.0% |
| 1981 | 9,534 million USD | -0.5% |
| 1982 | 9,590 million USD | +0.6% |
| 1983 | 9,362 million USD | -2.4% |
| 1984 | 9,679 million USD | +3.4% |
| 1985 | 10,123 million USD | +4.6% |
| 1986 | 10,315 million USD | +1.9% |
| 1987 | 10,823 million USD | +4.9% |
| 1988 | 11,263 million USD | +4.1% |
| 1989 | 11,712 million USD | +4.0% |
| 1990 | 12,504 million USD | +6.8% |
| 1991 | 13,217 million USD | +5.7% |
| 1992 | 13,692 million USD | +3.6% |
| 1993 | 14,270 million USD | +4.2% |
| 1994 | 14,708 million USD | +3.1% |
| 1995 | 15,232 million USD | +3.6% |
| 1996 | 15,913 million USD | +4.5% |
| 1997 | 16,451 million USD | +3.4% |
| 1998 | 17,052 million USD | +3.7% |
| 1999 | 17,890 million USD | +4.9% |
| 2000 | 18,766 million USD | +4.9% |
| 2001 | 19,908 million USD | +6.1% |
| 2002 | 21,342 million USD | +7.2% |
| 2003 | 22,806 million USD | +6.9% |
| 2004 | 24,583 million USD | +7.8% |
| 2005 | 26,378 million USD | +7.3% |
| 2006 | 27,616 million USD | +4.7% |
| 2007 | 29,940 million USD | +8.4% |
| 2008 | 31,596 million USD | +5.5% |
| 2009 | 33,303 million USD | +5.4% |
| 2010 | 35,403 million USD | +6.3% |
| 2011 | 38,197 million USD | +7.9% |
| 2012 | 40,162 million USD | +5.1% |
| 2013 | 42,861 million USD | +6.7% |
| 2014 | 45,743 million USD | +6.7% |
| 2015 | 48,561 million USD | +6.2% |
| 2016 | 51,884 million USD | +6.8% |
| 2017 | 55,386 million USD | +6.7% |
| 2018 | 59,280 million USD | +7.0% |
| 2019 | 63,377 million USD | +6.9% |
| 2020 | 66,213 million USD | +4.5% |
| 2021 | 69,420 million USD | +4.8% |
| 2022 | 72,682 million USD | +4.7% |
| 2023 | 76,384 million USD | +5.1% |
| 2024 | 80,605 million USD | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8,103 million USD | 6,694 million USD | 9,304 million USD | 10 |
| 1980s | 10,198 million USD | 9,362 million USD | 11,712 million USD | 10 |
| 1990s | 15,093 million USD | 12,504 million USD | 17,890 million USD | 10 |
| 2000s | 25,624 million USD | 18,766 million USD | 33,303 million USD | 10 |
| 2010s | 48,085 million USD | 35,403 million USD | 63,377 million USD | 10 |
| 2020s | 73,061 million USD | 66,213 million USD | 80,605 million USD | 5 |
Countries ranked near United Republic of Tanzania
- 6 France 2.70 million million USD compare
- 6 Viet Nam 404,124 million USD compare
- 7 Brazil 2.03 million million USD compare
- 8 Italy 2.03 million million USD compare
- 8 Venezuela (Bolivarian Republic of) 105,555 million USD compare
- 9 Republic of Korea 1.91 million million USD compare
- 10 Canada 1.81 million million USD compare
- 10 Democratic Republic of the Congo 60,632 million USD compare
- 11 Australia and New Zealand 1.74 million million USD compare
- 11 Melanesia 43,564 million USD compare
- 12 Bolivia (Plurinational State of) 40,048 million USD compare
- 12 USSR 1.63 million million USD compare
More economy & growth data for United Republic of Tanzania
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 39.07 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 45.11 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.28 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -2.58 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 5.25 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 5.28 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 45.11 % (2024)
- Gross Domestic Product — Value US$ per capita 1,187 USD (2024)
- Gross Domestic Product — Annual growth US$ 0.6673 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 5.53 % (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in United Republic of Tanzania?
- Gross domestic product — value us$, 2015 prices in United Republic of Tanzania was 80,605 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in United Republic of Tanzania?
- The highest recorded value was 80,605 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in United Republic of Tanzania?
- The lowest recorded value was 6,694 million USD in 1970.
- How does United Republic of Tanzania rank for gross domestic product — value us$, 2015 prices?
- United Republic of Tanzania ranks 9th out of 20 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in United Republic of Tanzania?
- Over the last ten years it is up 76.2%. The long-run trend across the full record is volatile.
- Where does this United Republic of Tanzania data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).