Economy
Nominal GDP
USD 82.8 billion
GDP per capita
USD 1,221
2021–2025 average
Currency
- Name
- Tanzanian shilling
Танзанийский шиллинг - ISO code
- TZS
- Rate against the US dollar
- USD 1 = 2,642 TZS
- Rate against the rouble
- 100 TZS = 3.1624 RUB
- Rate type
- Cross rate via the Bank of Russia USD/RUB rate
- Currency zone
- National currency
Exchange rate as of 1 October 2026
Economic structure
GDP structure: 2021–2025 average Source: Based on World Bank data. Period: 2021–2025 average
- Agriculture 23.8%
- Industry 28.3%
- Services 30.0%
Industries and programmes
- Key industries
- Gold mining, tourism, agriculture (cashews, tobacco, coffee), construction, logistics, and gas.
- Government programmes
- Tanzania Development Vision 2050
- Third Five-Year Development Plan (FYDP III) 2021/22–2025/26
International trade
Exports of goods, 2021–2025
USD billion Source: World Bank / WTO, merchandise exports (TX.VAL.MRCH.CD.WT). Period: 2021–2025
Table
| Year | USD billion | index, 2021 = 100 |
|---|---|---|
| 2021 | 6.39 | 100.0 |
| 2022 | 6.83 | 106.9 |
| 2023 | 7.28 | 113.9 |
| 2024 | 8.70 | 136.2 |
| 2025 | 9.96 | 155.9 |
- Imports of goods
- USD 14.7 billion 2021–2025 averageSource: ITC. Period: 2021–2025 average
- Exports of goods and services
- USD 17.1 billion 2025Source: World Bank, national accounts. Period: 2025
- Change in exports of goods, 2021–2025
- +55.9%
- Average annual rate of change in exports of goods, 2021–2025
- +11.7%
Export specialisation
Main export products
share of exports of goods, %, 2024 Source: UN Comtrade, 2024; share of total merchandise exports, HS chapters (2 digits). Period: 2024
Main export destinations
share of exports of goods, %, 2024 Source: UN Comtrade, 2024; share of total merchandise exports, HS chapters (2 digits). Period: 2024
Investment areas
- Mining (gold, graphite, nickel, uranium)
- LNG
- Agro-processing
- Tourism
- Railway infrastructure (SGR)
- Port infrastructure
- Agriculture and FoodTech
- Pharmaceuticals and medicine
- Information and telecommunications technologies
- Energy
Agreements with Russia
Investment protection
There is no bilateral agreement with Russia on the promotion and reciprocal protection of investments.
Absent
Double taxation
There is no double taxation agreement with Russia.
Absent
Visa requirements
Russian citizens holding ordinary passports require a visa.
Visa required
Peaceful nuclear energy
- agreement with Rosatom on a research reactor (2016)
Intergovernmental agreement
Other agreements
- Agreement on Military-Technical Cooperation.
- Agreement on Expanding Cooperation in Trade, Industry, Energy, Logistics, Education and Tourism (May 2026).
Incentives
- Main regimes and incentives
Investment and Special Economic Zones Act No. 6/2025: unified incentive regime for strategic projects and SEZs.
- Type of measure
- Investment agency
- TISEZA — Tanzania Investment and Special Economic Zones Authority (established in 2025 by merging TIC and EPZA)
- Zone operator / authority
- TISEZA — Tanzania Investment and Special Economic Zones Authority (established in 2025 by merging TIC and EPZA)
