Tanzania: Inflation, GDP deflator (annual %)
In , Tanzania's Inflation, GDP deflator (annual %) was 3.06.
That's up 11.5% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Tanzania ranks #123 globally out of 193 reporting countries. Within Sub-Saharan Africa, it ranks #32 of 46.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 16.38
- Trough
- 2.28
- 1-year change
- +11.5%
- 5-year change
- +34.3%
- +6.1% / yr
- 10-year change
- -49.4%
- -6.6% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 3.0632 | |
| 2.7482 | |
| 2.7626 | |
| 2.6743 | |
| 6.4230 | |
| 2.2804 | |
| 3.0076 | |
| 2.6718 | |
| 7.4720 | |
| 7.5914 |
About Inflation, GDP deflator (annual %)
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Indicator code: NY.GDP.DEFL.KD.ZG • Category: Economy
Frequently asked questions
- What was Tanzania's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Tanzania's Inflation, GDP deflator (annual %) was 3.06, according to World Bank Open Data.
- Is Tanzania's Inflation, GDP deflator (annual %) rising or falling?
- Tanzania's Inflation, GDP deflator (annual %) rose 11.5% from 2023 to 2024.
- How does Tanzania rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Tanzania ranked #123 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Tanzania's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Tanzania is below the world average. Within Sub-Saharan Africa, it ranks #32 of 46.
- What is Inflation, GDP deflator (annual %) and how is it measured?
- Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.