Tanzania vs the United Arab Emirates: Economic Indicators Comparison

The United Arab Emirates with a GDP of $414.2B ranked the 31st largest economy in the world, while Tanzania ranked 80th with $58B. By GDP 5-years average growth and GDP per capita, the United Arab Emirates and Tanzania ranked 92nd vs 18th and 22nd vs 169th, respectively.

Gross Domestic Product & Income

StatTanzaniaUnited Arab Emirates
GDP$58B$414.2B
GDP growth, 1 year6.6%1.7%
GDP growth, 5-years average6.6%3%
Population57.3M9.4M
GDP per capita$1.1k$43k
GDP per capita growth2.12%0.21%
Purchasing Power Parity conversion factor741.252.1
Price level ratio of PPP conversion factor GDP to market exchange rate0.330.57
GDP per capita, PPP adjusted$3.4k$69k
GNI, Atlas method$55.7B$393.7B
GNI per capita$1k$41k
GNI, PPP adjusted$171.7B$726.5B
GNI per capita, PPP adjusted$3.2k$75k

Financial system and Human development

StatTanzaniaUnited Arab Emirates
Income Tax Rate30%0%
Corporate Tax Rate30%0%
Inflation, consumer prices3.5%3.1%
Inflation, GDP deflator4.8%7.8%
Unemployment1.9%2.6%
Economic Freedom Index61.776.2
Personal Freedom Index6.515.58
Human Freedom Index6.376.56
Property Rights Index41.980.3
Judical Effectiveness Index43.484.6
Business Freedom Index45.978.6
Fiscal Health Index92.994.1
Labor Freedom Index66.481.3
Investment Freedom Index5540
Financial Freedom Index5060
Trade Freedom Index67.880.4
Monetary Freedom Index72.279.6
Government Spending Index91.672.1
Tax Burden Index80.699.2
Government Integrity Index32.564.6
Corruption Perceptions Index3670
Life expectancy at birth, years64.577.6
Suicide mortality rate, per 100,000 people5.42.8
Mortality caused by road traffic injury, per 100,000 people29.218.1
Intentional homicides, per 100,000 people70.5
International tourism, number of arrivals1.4M21.3M

Government debt & reserves

StatTanzaniaUnited Arab Emirates
Central government debt, % of GDP36%18.7%
External debt stocks, % of GNI33.1%N/A
External debt stocks$18.6BN/A
Short-term debt, % of total reserves35.9%N/A
Total debt service, % of exports and primary income8.4%N/A
Adjusted net savings including particulate emission damage, % of GNI23.1%N/A
Gross savings, % of GDP30.5%N/A
Gross capital formation, % of GDP34%22.4%
Total reserves including gold$5B$99.5B
Foreign direct investment net inflows$1.1B$10.4B

Exports, imports and economic structure

StatTanzaniaUnited Arab Emirates
Exports of goods and services, % of GDP15.1%93.9%
Imports of goods and services, % of GDP17.1%68%
Current account balance (balance of payments)-$1.9BN/A
Revenue excluding grants, % of GDP13.7%3.5%
Grants excluding technical cooperation, BoP$1.6B$950k
Personal remittances received$412.9MN/A
Industry including construction value added, % of GDP25.1%46.8%
Agriculture, forestry and fishing value added, % of GDP28.7%0.7%
Charges for the use of intellectual property, payments BoP$6.1MN/A
Charges for the use of intellectual property, receipts BoP$83kN/A
Expense, % of GDP14.3%4%
Government Expenditure, % of GDP16.8%30.5%

Compare with countries close by GDP per capita

Tanzania vs

CountryGDP
per capita
Population
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M

United Arab Emirates vs

CountryGDP
per capita
Population
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M