Tanzania

Africa · Tanzanian shilling (TZS) · 70.5 million people

Inflation

4.3%

▲ 0.1 pt since July · Aug 2026

GDP per person

US$1,319

2025

Inflation

Inflation was 4.3% in Aug 2026, up from 4.2% in July.

Monthly, consumer prices year on year.

Exchange rates

Closing rates on 16 Oct 2026. Changes are over 30 days.

Moves are neutral, so they're shown in ink with ▲/▼. All exchange rates

Cost of living

Minimum wage

Monthly, full time · 2024

TZS 150,000 a month

about US$57

Minimum wage from ILOSTAT.

Economy at a glance

GDP per person at PPP

2025 · international dollars

US$4,500

Population

2025

70.5 million

▲ 2.9% vs 2024

Prices in Tanzania

Subscription prices here, with tax, compared with other countries.

Sources and method

Figures from the IMF, the World Bank and ILOSTAT. Exchange rates are daily rates from the European Central Bank and other central banks, via Frankfurter. For guidance only. Read the disclaimer

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