Gross Domestic Product — Value US$ in United Republic of Tanzania
United Republic of Tanzania: Gross Domestic Product — Value US$ was 81,375 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ 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$ in United Republic of Tanzania is 81,375 million USD, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 0.7% on the previous year and up 58.7% over ten years.
Over the whole period, gross domestic product — value us$ in United Republic of Tanzania peaked at 81,375 million USD in 2024 and was at its lowest, 2,314 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$ in United Republic of Tanzania, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 2,314 million USD | — |
| 1971 | 2,476 million USD | +7.0% |
| 1972 | 2,818 million USD | +13.8% |
| 1973 | 3,363 million USD | +19.3% |
| 1974 | 4,039 million USD | +20.1% |
| 1975 | 4,650 million USD | +15.1% |
| 1976 | 5,036 million USD | +8.3% |
| 1977 | 6,017 million USD | +19.5% |
| 1978 | 7,207 million USD | +19.8% |
| 1979 | 7,629 million USD | +5.9% |
| 1980 | 8,878 million USD | +16.4% |
| 1981 | 10,241 million USD | +15.4% |
| 1982 | 10,837 million USD | +5.8% |
| 1983 | 10,932 million USD | +0.9% |
| 1984 | 10,043 million USD | -8.1% |
| 1985 | 11,075 million USD | +10.3% |
| 1986 | 7,824 million USD | -29.4% |
| 1987 | 5,482 million USD | -29.9% |
| 1988 | 6,389 million USD | +16.5% |
| 1989 | 6,824 million USD | +6.8% |
| 1990 | 6,659 million USD | -2.4% |
| 1991 | 7,526 million USD | +13.0% |
| 1992 | 6,716 million USD | -10.8% |
| 1993 | 6,137 million USD | -8.6% |
| 1994 | 6,331 million USD | +3.2% |
| 1995 | 7,384 million USD | +16.6% |
| 1996 | 9,138 million USD | +23.8% |
| 1997 | 10,804 million USD | +18.2% |
| 1998 | 11,762 million USD | +8.9% |
| 1999 | 12,056 million USD | +2.5% |
| 2000 | 12,667 million USD | +5.1% |
| 2001 | 12,927 million USD | +2.1% |
| 2002 | 13,453 million USD | +4.1% |
| 2003 | 14,504 million USD | +7.8% |
| 2004 | 15,971 million USD | +10.1% |
| 2005 | 17,611 million USD | +10.3% |
| 2006 | 19,388 million USD | +10.1% |
| 2007 | 22,402 million USD | +15.5% |
| 2008 | 28,517 million USD | +27.3% |
| 2009 | 29,744 million USD | +4.3% |
| 2010 | 32,690 million USD | +9.9% |
| 2011 | 35,244 million USD | +7.8% |
| 2012 | 40,670 million USD | +15.4% |
| 2013 | 46,834 million USD | +15.2% |
| 2014 | 51,264 million USD | +9.5% |
| 2015 | 48,561 million USD | -5.3% |
| 2016 | 51,038 million USD | +5.1% |
| 2017 | 54,727 million USD | +7.2% |
| 2018 | 56,424 million USD | +3.1% |
| 2019 | 60,604 million USD | +7.4% |
| 2020 | 65,212 million USD | +7.6% |
| 2021 | 70,030 million USD | +7.4% |
| 2022 | 76,140 million USD | +8.7% |
| 2023 | 80,836 million USD | +6.2% |
| 2024 | 81,375 million USD | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,555 million USD | 2,314 million USD | 7,629 million USD | 10 |
| 1980s | 8,852 million USD | 5,482 million USD | 11,075 million USD | 10 |
| 1990s | 8,451 million USD | 6,137 million USD | 12,056 million USD | 10 |
| 2000s | 18,718 million USD | 12,667 million USD | 29,744 million USD | 10 |
| 2010s | 47,806 million USD | 32,690 million USD | 60,604 million USD | 10 |
| 2020s | 74,719 million USD | 65,212 million USD | 81,375 million USD | 5 |
Countries ranked near United Republic of Tanzania
- 6 France 3.16 million million USD compare
- 6 Iran (Islamic Republic of) 443,912 million USD compare
- 7 Italy 2.37 million million USD compare
- 8 Canada 2.21 million million USD compare
- 8 Venezuela (Bolivarian Republic of) 177,478 million USD compare
- 9 Brazil 2.18 million million USD compare
- 10 Democratic Republic of the Congo 71,197 million USD compare
- 10 Australia and New Zealand 2.09 million million USD compare
- 11 Russian Federation 2.09 million million USD compare
- 11 Melanesia 51,880 million USD compare
- 12 Bolivia (Plurinational State of) 49,668 million USD compare
- 12 Republic of Korea 1.87 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 Standard Local Currency, 2015 prices 160.52 million million SLC (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$ in United Republic of Tanzania?
- Gross domestic product — value us$ in United Republic of Tanzania was 81,375 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in United Republic of Tanzania?
- The highest recorded value was 81,375 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in United Republic of Tanzania?
- The lowest recorded value was 2,314 million USD in 1970.
- How does United Republic of Tanzania rank for gross domestic product — value us$?
- United Republic of Tanzania ranks 9th out of 20 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in United Republic of Tanzania?
- Over the last ten years it is up 58.7%. 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$. 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).