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Economy of Tanzania vs Uruguay compared: GDP & Debt

Updated on by Georank

Tanzania has a GDP of $90.1B compared to $85.3B for Uruguay, ranking 83/197 and 84/197 by economy size, respectively.

Tanzania has $44.8B in government debt (49.7% of GDP), compared to $56B (65.7% of GDP) in Uruguay.

Tanzania vs Uruguay GDP by year

Tanzania
Uruguay
1x
Year GDP, current $
Tanzania Uruguay
2025 $90,143,496,090 $85,347,696,278
2024 $79,235,713,445 $82,322,859,144
2023 $79,030,935,638 $79,208,725,900
2022 $75,749,121,847 $71,240,669,088
2021 $70,655,628,148 $60,739,061,281
2020 $66,068,737,786 $53,559,354,501
2019 $61,026,731,926 $62,222,324,965
2018 $57,003,712,892 $65,344,577,416
2017 $53,274,884,533 $65,006,039,810
2016 $49,774,409,374 $57,480,787,465
2015 $47,413,919,817 $57,680,327,999
2014 $49,986,726,461 $61,496,186,974
2013 $45,648,857,242 $61,337,621,934
2012 $39,650,394,363 $54,232,266,359
2011 $34,657,140,096 $50,342,406,067
2010 $32,012,892,919 $41,950,361,212
2009 $29,400,573,554 $32,708,319,078
2008 $27,947,821,398 $31,119,602,539
2007 $21,860,434,823 $23,797,773,024
2006 $18,619,859,795 $19,741,420,740
2005 $18,395,383,647 $17,362,857,684
2004 $16,673,062,473 $13,686,329,890
2003 $15,211,487,709 $12,045,638,352
2002 $14,129,651,896 $13,606,515,723
2001 $13,563,990,022 $20,898,761,742
2000 $13,371,767,082 $22,823,270,892
1999 $12,704,334,196 $23,983,945,191
1998 $12,172,790,056 $25,385,886,978
1997 $11,158,197,942 $23,969,739,234
1996 $9,433,528,150 $20,515,458,114
1995 $7,631,431,840 $19,297,663,097
1994 $6,550,480,484 $17,474,588,896
1993 $6,182,872,708 $15,002,136,971
1992 $6,681,997,469 $12,878,148,791
1991 $7,197,768,159 $11,206,176,651
1990 $6,184,384,225 $9,298,807,850
1989 $6,418,799,007 $8,438,951,476
1988 $7,406,614,407 $8,213,538,369
1987 $7,824,193,222 $7,367,494,080
1986 $10,840,864,521 $5,880,112,788
1985 $15,328,295,175 $4,732,017,873
1984 $12,906,635,133 $4,850,238,550
1983 $14,049,883,809 $5,102,276,308
1982 $13,927,383,240 $9,178,780,077
1981 $13,161,540,378 $11,048,301,421
1980 $11,409,228,087 $10,163,020,116
1979 $9,804,637,491 $7,181,182,224
1978 $9,261,675,710 $4,910,254,566
1977 $7,732,598,995 $4,114,670,014
1976 $6,472,511,988 $3,667,161,241
1975 $5,729,917,840 $3,538,278,047
1974 $4,977,337,978 $4,090,209,682
1973 $4,144,104,535 $3,964,296,443
1972 $3,472,787,266 $2,189,418,689
1971 $3,050,673,517 $2,807,258,065
1970 $2,851,419,386 $2,137,096,774
1969 $5,142,066,811 $2,004,435,484
1968 $4,895,251,824 $1,593,674,185
1967 $4,565,132,048 $1,597,713,469
1966 $4,377,998,825 $1,809,185,094
1965 $3,817,226,546 $1,890,767,156
1964 $3,748,840,925 $1,975,701,816
1963 $3,456,579,293 $1,539,681,491
1962 $3,101,589,993 $1,710,004,407
1961 $2,826,179,031 $1,547,388,781
1960 $2,651,729,807 $1,242,289,239

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/tanzania/uruguay | CC BY

GDP per capita in Tanzania vs Uruguay by year

Tanzania
GDP per capita

GDP per capita, PPP
Uruguay
GDP per capita

GDP per capita, PPP
1x
Year Current $
Tanzania Uruguay
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,278 - $25,216 -
2024 $1,156 $4,221 $24,308 $36,418
2023 $1,186 $4,019 $23,379 $34,471
2022 $1,171 $3,800 $21,009 $33,001
2021 $1,125 $3,493 $17,882 $29,432
2020 $1,084 $3,291 $15,758 $25,725
2019 $1,031 $2,982 $18,316 $25,783
2018 $992 $2,728 $19,250 $24,386
2017 $957 $2,472 $19,185 $23,607
2016 $925 $2,435 $17,010 $22,841
2015 $911 $2,317 $17,126 $22,169
2014 $993 $2,221 $18,322 $21,868
2013 $935 $2,176 $18,335 $20,661
2012 $837 $2,083 $16,260 $19,495
2011 $753 $2,211 $15,132 $19,135
2010 $715 $2,069 $12,641 $17,873
2009 $674 $1,972 $9,881 $16,422
2008 $657 $1,908 $9,424 $15,694
2007 $528 $1,820 $7,222 $14,397
2006 $462 $1,707 $6,001 $13,179
2005 $469 $1,598 $5,284 $12,296
2004 $438 $1,482 $4,169 $11,103
2003 $410 $1,379 $3,671 $10,303
2002 $391 $1,302 $4,150 $10,030
2001 $385 $1,229 $6,383 $10,719
2000 $390 $1,164 $6,988 $10,929
1999 $382 $1,120 $7,371 $10,938
1998 $375 $1,082 $7,837 $11,002
1997 $353 $1,059 $7,436 $10,461
1996 $305 $1,026 $6,398 $9,524
1995 $251.2 $981 $6,050 $8,906
1994 $222.5 $958 $5,508 $8,897
1993 $218.2 $959 $4,753 $8,162
1992 $243.4 $955 $4,102 $7,808
1991 $268.8 $952 $3,589 $7,112
1990 $236.9 $925 $2,995 $6,683
1989 $252.3 - $2,734 -
1988 $299 - $2,677 -
1987 $326 - $2,416 -
1986 $466 - $1,939 -
1985 $681 - $1,568 -
1984 $593 - $1,615 -
1983 $667 - $1,707 -
1982 $683 - $3,085 -
1981 $665 - $3,728 -
1980 $595 - $3,443 -
1979 $527 - $2,443 -
1978 $515 - $1,678 -
1977 $446 - $1,414 -
1976 $387 - $1,268 -
1975 $355 - $1,232 -
1974 $320 - $1,433 -
1973 $276.1 - $1,397 -
1972 $239.8 - $776 -
1971 $218.4 - $1,000 -
1970 $211.3 - $766 -
1969 $394 - $723 -
1968 $388 - $579 -
1967 $374 - $585 -
1966 $370 - $668 -
1965 $333 - $705 -
1964 $337 - $745 -
1963 $320 - $587 -
1962 $295.7 - $659 -
1961 $277.4 - $604 -
1960 $267.8 - $491 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/tanzania/uruguay | CC BY

Tanzania's GDP per capita is $1,278, ranking 171/197, compared to $25,216 in Uruguay, ranking 54/197. Adjusted for purchasing power (GDP per capita PPP), Tanzania ranks 165th at $4,221, while Uruguay ranks 61st at $36,418.

Economic indicators

Tanzania Uruguay
Gross domestic product
$90.1B
2025
$85.3B
2025
GDP rank
83/197
2025
84/197
2025
GDP growth
5.85%
2024-2025
1.78%
2024-2025
GDP per capita
$1,278
2025
$25,216
2025
GDP per capita rank
171/197
2025
54/197
2025
GDP per capita, PPP
$4,221
2024
$36,418
2024
GDP per capita PPP rank
165/197
2024
61/197
2024
Government debt
$44.8B
2025
$56B
2025
Debt-to-GDP ratio
49.7%
2025
65.7%
2025
Government debt per person
$635
2025
$16,559
2025
Government debt per person rank
159/185
2025
41/185
2025
Average annual personal income after taxes
$1,203
2026
$14,046
2026
Market capitalization of domestic companies
$9.78B
2025
$284M
1996
Number of billionaires
1
2026
n/a
Income share by richest 10%
33.1%
2018
30%
2024
Income share by poorest 10%
2.9%
2018
2.2%
2024
Government expenditure, % of GDP
19.9%
2025
31.5%
2025
Consumer prices inflation
3.33%
2024-2025
4.65%
2024-2025
Central bank interest rate
5.75%
2025
5.75%
2026
Unemployment rate
2.43%
2024
8.21%
2024
Population
73639263
3382672

Spending and national debt comparison by year

Tanzania
Spending

Debt
Uruguay
Spending

Debt
1x
Year % of GDP
Tanzania Uruguay
Government spending Government debt Government spending Government debt
2025 19.9% 49.7% 31.5% 65.7%
2024 19.1% 49.9% 30.6% 67.6%
2023 19% 47.8% 30.1% 63%
2022 19.1% 44.9% 29.7% 59.4%
2021 18.4% 43.4% 30.2% 64.1%
2020 17.4% 41.3% 32.8% 68.2%
2019 17.3% 40.4% 30.6% 59.6%
2018 17.3% 42% 30.3% 57.9%
2017 16.4% 40.1% 29.7% 55.8%
2016 16.9% 39.8% 29.7% 56.4%
2015 17.2% 39.5% 28.4% 57.8%
2014 17.3% 36.4% 29.1% 51.1%
2013 18.8% 32.7% 28.8% 50%
2012 19.6% 30% 27.7% 49.8%
2011 19% 28.4% 26.3% 41.3%
2010 19.8% 27.6% 27.4% 40.9%
2009 19.6% 23.9% 27.2% 46.2%
2008 18.1% 21.6% 26.3% 46.2%
2007 17.8% 23.8% 26.8% 52.8%
2006 17.6% 17.4% 26.8% 61.1%
2005 18.3% 25.4% 26.3% 66.2%
2004 17% 44.5% 26.6% 73.7%
2003 15.4% 44.4% 27.7% 91.9%
2002 13.6% 47.4% 27.6% 90.1%
2001 12.4% 50.8% 27.8% 39.4%
2000 12.3% 55.4% 26.6% 30.5%
1999 12.8% 62.9% 27.2% 24.1%
1998 11.4% 62.2% 27.3% 19.4%
1997 12.8% 73.4% 27.6% 18.8%
1996 13.4% 89.6% 26.5% 18.3%
1995 15.6% 111.1% 26.2% 18.5%
1994 16.8% 126% 29.5% 19.3%
1993 16.4% 129.2% 27.7% 20%
1992 17.6% 117.6% 23.6% 22.2%
1991 14.2% 106.5% 22.2% 20.4%
1990 - - 21.1% 26.2%
1989 - - 37% -
1988 - - 26% 34.8%
1987 - - 24.4% 37.3%
1986 - - 25.1% 34.6%
1985 - - 24.6% 29%
1984 - - 25.6% 39.5%
1983 - - 26.5% 21.2%
1982 - - 29.5% 13.5%
1981 - - 25% 4.32%
1980 - - 21.8% 4.59%
1979 - - 20.2% 3.98%
1978 - - 22.9% 5.64%
1977 - - 23.5% 7.26%
1976 - - 24.2% 8.67%
1975 - - 23% 8.13%
1974 - - 23.8% 7.61%
1973 - - 22.6% 7%
1972 - - 24.6% 9.12%
1971 - - 20.1% 9.3%
1970 - - 15.1% 6.11%
1969 - - 14.6% -
1968 - - 14.1% -
1967 - - 14.7% -
1966 - - 14.1% -
1965 - - 15.6% -
1964 - - 14.3% -
1963 - - 14.6% -
1962 - - 16% -
1961 - - 13% -
1960 - - 9.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-07-08).

GeoRank.org/economy/tanzania/uruguay | CC BY

In 2025, Tanzania's government spending was $18B, accounting for 19.9% of its GDP, while Uruguay spent $26.9B, or 31.5% of GDP.

Debt-to-GDP ratio is 49.7% in Tanzania and 65.7% in Uruguay, ranking 105/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Tanzania

Uruguay
1x
Year Deficit/surplus, % of GDP
Tanzania Uruguay
2025 -3.04% -3.36%
2024 -3.03% -3.16%
2023 -3.67% -3.09%
2022 -3.92% -2.5%
2021 -3.55% -2.61%
2020 -2.56% -4.64%
2019 -2.06% -2.71%
2018 -2.01% -1.89%
2017 -1.14% -2.51%
2016 -2.08% -2.68%
2015 -3.17% -1.86%
2014 -2.91% -2.6%
2013 -3.76% -1.72%
2012 -4% -2.17%
2011 -3.51% -0.33%
2010 -4.74% -0.39%
2009 -4.46% -1.39%
2008 -1.92% -1.31%
2007 -1.44% -0.16%
2006 -3.38% -0.64%
2005 -3.28% -0.28%
2004 -2.43% -0.87%
2003 -1.77% -2.19%
2002 -0.73% -3.19%
2001 -0.41% -2.85%
2000 -0.73% -2.76%
1999 -1.14% -2.76%
1998 0.13% -0.76%
1997 -0.03% -0.97%
1996 1.57% -1.32%
1995 -2.12% -1.08%
1994 -3.74% -2.37%
1993 -2.02% -0.47%
1992 -4.96% 0.6%
1991 0.6% 0.88%
1990 - 0.49%
1989 - -13.1%
1988 - -1.47%
1987 - -0.66%
1986 - -0.34%
1985 - -1.88%
1984 - -4.94%
1983 - -3.54%
1982 - -8.22%
1981 - -1.15%
1980 - 0.43%
1979 - 0.99%
1978 - -0.47%
1977 - -0.69%
1976 - -2.01%
1975 - -4.38%
1974 - -3.74%
1973 - -1.09%
1972 - -2.25%
1971 - -5.86%
1970 - -1.33%
1969 - -2.37%
1968 - -2.93%
1967 - -4.12%
1966 - -2.01%
1965 - -5.14%
1964 - -3.61%
1963 - -4.4%
1962 - -5.02%
1961 - -0.86%
1960 - 0.79%
1959 - 0.64%
1958 - -1.38%
1957 - -0.72%
1956 - 0.04%
1955 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-07-08).

GeoRank.org/economy/tanzania/uruguay | CC BY

In 2025, Tanzania's government deficit, the difference between spending and revenue, was $2.74B, equivalent to 3.04% of GDP. This compares to Uruguay's deficit of $2.86B, or 3.36% of GDP.

Over the past 35 years, Tanzania recorded a fiscal deficit in 32 of those years, while Uruguay ran a deficit in 33 years. On average, Tanzania posted an annual deficit equal to 2.33% of GDP, compared to deficit of 1.77% of GDP for Uruguay.

Inflation comparison by year

Inflation
Tanzania

Uruguay
1x
Year Consumer prices inflation
Tanzania Uruguay
2025 3.33% 4.65%
2024 3.06% 4.85%
2023 3.8% 5.87%
2022 4.35% 9.1%
2021 3.69% 7.75%
2020 3.29% 9.76%
2019 3.46% 7.88%
2018 3.49% 7.61%
2017 5.32% 6.22%
2016 5.17% 9.64%
2015 5.59% 8.67%
2014 6.13% 8.88%
2013 7.87% 8.58%
2012 16% 8.1%
2011 12.7% 8.09%
2010 6.2% 6.7%
2009 12.1% 7.06%
2008 10.3% 7.88%
2007 7.03% 8.11%
2006 7.25% 6.4%
2005 5.03% 4.7%
2004 4.74% 9.16%
2003 5.3% 19.4%
2002 5.32% 14%
2001 5.15% 4.36%
2000 5.92% 4.76%
1999 7.89% 5.66%
1998 12.8% 10.8%
1997 16.1% 19.8%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/tanzania/uruguay | CC BY

Over the past 29 years, Tanzania has recorded an average annual inflation rate of 6.84%, compared with 8.43% in Uruguay. In 2025, inflation was 3.33% in Tanzania and 4.65% in Uruguay.

Top exports between countries

Tanzania
Export category Export value
Animal & marine products $95K
Uruguay
Export category Export value
Raw agricultural goods $2.98M

Balance of trade

Tanzania Uruguay
Current account balance
-$2.38B
2024
-$374M
2025
Current account balance ranking
144/190
2024
100/190
2025
Current account balance, % of GDP
-3%
2024
-0.44%
2025
Goods imports
$14.2B
2024
$13.6B
2025
Goods exports
$9.12B
2024
$16.1B
2025
Service imports
$2.8B
2024
$5.96B
2025
Service exports
$6.85B
2024
$7.39B
2025
Imports of goods and services, % of GDP
20%
2025
22.6%
2025
Exports of goods and services, % of GDP
19%
2025
27.1%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Tanzania Uruguay
Economic freedom 59 69.8
Economic freedom ranking 106/197 39/197
Property rights 45.2 87.4
Government integrity 40.9 79
Judicial effectiveness 29.6 80.9
Tax burden 80.4 73.3
Government spending 89.1 72
Fiscal health 75 76.6
Business freedom 48.1 83.8
Labor freedom 62.3 61.7
Monetary freedom 73.4 70.2
Trade freedom 58.8 73.2
Investment freedom 55 50
Financial freedom 50 30

Economic freedom comparison by year

Tanzania
Uruguay
1x
Year Economic freedom index
Tanzania Uruguay
2026 59 69.8
2025 59.3 70.2
2024 59.1 69.8
2023 60 70.2
2022 59.5 70
2021 61.3 69.3
2020 61.7 69.1
2019 60.2 68.6
2018 59.9 69.2
2017 58.6 69.7
2016 58.5 68.8
2015 57.5 68.6
2014 57.8 69.3
2013 57.9 69.7
2012 57 69.9
2011 57 70
2010 58.3 69.8
2009 58.3 69.1
2008 56.5 67.9
2007 56.8 68.4
2006 58.5 65.3
2005 56.3 66.9
2004 60.1 66.7
2003 56.9 69.8
2002 58.3 68.7
2001 54.9 70.7
2000 56 69.3
1999 60 68.5
1998 59.6 68.6
1997 59.3 67.5
1996 57.5 63.7
1995 57.3 62.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/tanzania/uruguay | CC BY

The Economic Freedom Index for Tanzania is 59, ranking 106/197, compared to 69.8 for Uruguay, ranking 39/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Tanzania Uruguay
Services, % of GDP
28.8%
2025
65.2%
2025
Industry, % of GDP
29.8%
2025
16.9%
2025
Agriculture, forestry, and fishing, % of GDP
22.9%
2025
6.38%
2025
GNI, Atlas method
$87B
2025
$81.3B
2025
GNI per capita, PPP
$4,370
2025
$36,330
2025
Total reserves including gold
$5.05B
2018
$19B
2025
Total reserves ranking
106/177
2018
67/177
2025
Net foreign direct investment
-$1.72B
2024
-$457M
2025
Net inflows of foreign direct investment
$1.72B
2024
-$3.94B
2024
Net outflows of foreign direct investment
$0
2024
-$1.37B
2024
Servicing debt to the IMF, % of GNI
2.56%
2024
n/a
Poverty at national poverty lines
26.4%
2018
17.3%
2024
Gross capital formation, % of GDP
40.7%
2025
16.2%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/tanzania/uruguay | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1955–2000, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2023–2024, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.