Tanzania - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Tanzania was 3.29 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 36.15 in 1984 and a minimum value of 3.29 in 2020.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1966 9.78
1967 12.19
1968 15.60
1969 16.42
1970 3.49
1971 4.78
1972 7.64
1973 10.40
1974 19.60
1975 26.06
1976 6.86
1977 11.60
1978 6.58
1979 12.95
1980 30.20
1981 25.65
1982 28.93
1983 27.06
1984 36.15
1985 33.28
1986 32.43
1987 29.95
1988 31.19
1989 25.85
1990 35.83
1991 28.70
1992 21.85
1993 25.28
1994 34.08
1995 27.43
1996 20.98
1997 16.09
1998 12.80
1999 7.89
2000 5.92
2001 5.15
2002 5.32
2003 5.30
2004 4.74
2005 5.03
2006 7.25
2007 7.03
2008 10.28
2009 12.14
2010 6.20
2011 12.69
2012 16.00
2013 7.87
2014 6.13
2015 5.59
2016 5.17
2017 5.32
2018 3.49
2019 3.46
2020 3.29

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Tanzania was 0.34 as of 2020. As the graph below shows, over the past 31 years this indicator reached a maximum value of 67.20 in 1998 and a minimum value of 0.34 in 2020.

Definition: 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 national accounts data, and OECD National Accounts data files.

See also:

Year Value
1989 20.60
1990 22.45
1991 28.11
1992 25.38
1993 24.46
1994 31.17
1995 26.86
1996 19.31
1997 20.59
1998 67.20
1999 10.69
2000 8.20
2001 4.82
2002 7.23
2003 8.42
2004 6.89
2005 6.39
2006 5.51
2007 9.10
2008 16.38
2009 9.04
2010 9.43
2011 12.20
2012 10.48
2013 9.67
2014 6.05
2015 7.59
2016 7.47
2017 2.70
2018 2.98
2019 2.46
2020 0.34

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Tanzania was 0.34 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 31.17 in 1994 and 0.34 in 2020.

Definition: 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 22.45
1991 28.11
1992 25.38
1993 24.46
1994 31.17
1995 26.86
1996 19.31
1997 20.59
1998 14.22
1999 11.54
2000 8.20
2001 4.82
2002 7.23
2003 8.42
2004 6.89
2005 6.43
2006 5.51
2007 9.10
2008 16.38
2009 9.04
2010 9.43
2011 12.20
2012 10.48
2013 9.67
2014 6.05
2015 7.59
2016 7.47
2017 2.70
2018 2.98
2019 2.46
2020 0.34

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices