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Economy of Tanzania vs Uzbekistan compared: GDP & Debt

Updated on by Georank team

Tanzania has a GDP of $78.8B compared to $115B for Uzbekistan, ranking 82/197 and 66/197 by economy size, respectively.

Tanzania has $39.3B in government debt (49.9% of GDP), compared to $37.5B (32.7% of GDP) in Uzbekistan.

Tanzania vs Uzbekistan GDP by year

Tanzania
Uzbekistan
1x
Year GDP, current $
Tanzania Uzbekistan
2024 $78,844,405,385 $114,965,293,467
2023 $79,030,935,627 $102,641,879,249
2022 $75,749,121,843 $90,095,926,567
2021 $70,655,628,148 $77,340,060,003
2020 $66,068,737,786 $66,443,265,418
2019 $61,026,731,926 $67,293,639,798
2018 $57,003,712,892 $58,695,899,092
2017 $53,274,884,533 $69,703,222,283
2016 $49,774,409,374 $86,138,288,644
2015 $47,413,919,817 $86,196,264,755
2014 $49,986,726,461 $80,845,385,809
2013 $45,648,857,242 $73,180,037,915
2012 $39,650,394,363 $67,517,349,212
2011 $34,657,140,096 $60,178,909,297
2010 $32,012,892,919 $49,765,676,402
2009 $29,400,573,554 $33,689,223,673
2008 $27,947,821,398 $29,549,438,884
2007 $21,860,434,823 $22,311,393,928
2006 $18,619,859,795 $17,330,833,853
2005 $18,395,383,647 $14,307,509,839
2004 $16,673,062,473 $12,030,023,548
2003 $15,211,487,709 $10,134,453,435
2002 $14,129,651,896 $9,687,788,513
2001 $13,563,990,022 $11,401,421,329
2000 $13,371,767,082 $13,760,513,969
1999 $12,704,334,196 $17,078,465,982
1998 $12,172,790,056 $14,988,971,211
1997 $11,158,197,942 $14,744,603,774
1996 $9,433,528,150 $13,948,892,216
1995 $7,631,431,840 $13,350,461,265
1994 $6,550,480,484 $12,899,074,922
1993 $6,182,872,708 $13,099,920,056
1992 $6,681,997,469 $12,953,801,760
1991 $7,197,768,159 $13,800,167,712
1990 $6,184,384,225 $13,362,340,338
1989 $6,418,799,007 $11,948,815,258
1988 $7,406,614,407 $10,722,799,639
1987 $7,824,193,222 $8,523,160,593
1986 $10,840,864,521 -
1985 $15,328,295,175 -
1984 $12,906,635,133 -
1983 $14,049,883,809 -
1982 $13,927,383,240 -
1981 $13,161,540,378 -
1980 $11,409,228,087 -
1979 $9,804,637,491 -
1978 $9,261,675,710 -
1977 $7,732,598,995 -
1976 $6,472,511,988 -
1975 $5,729,917,840 -
1974 $4,977,337,978 -
1973 $4,144,104,535 -
1972 $3,472,787,266 -
1971 $3,050,673,517 -
1970 $2,851,419,386 -
1969 $5,142,066,811 -
1968 $4,895,251,824 -
1967 $4,565,132,048 -
1966 $4,377,998,825 -
1965 $3,817,226,546 -
1964 $3,748,840,925 -
1963 $3,456,579,293 -
1962 $3,101,589,993 -
1961 $2,826,179,031 -
1960 $2,651,729,807 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Tanzania vs Uzbekistan by year

Tanzania
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Tanzania Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,150 $4,221 $3,162 $11,879
2023 $1,186 $4,019 $2,879 $11,107
2022 $1,171 $3,800 $2,579 $10,293
2021 $1,125 $3,493 $2,259 $9,248
2020 $1,084 $3,291 $1,978 $8,452
2019 $1,031 $2,982 $2,041 $8,544
2018 $992 $2,728 $1,813 $8,129
2017 $957 $2,472 $2,191 $7,818
2016 $925 $2,435 $2,753 $6,919
2015 $911 $2,317 $2,803 $6,800
2014 $993 $2,221 $2,675 $6,610
2013 $935 $2,176 $2,462 $6,413
2012 $837 $2,083 $2,307 $6,168
2011 $753 $2,211 $2,088 $5,949
2010 $715 $2,069 $1,753 $5,505
2009 $674 $1,972 $1,206 $5,135
2008 $657 $1,908 $1,075 $4,800
2007 $528 $1,820 $824 $4,386
2006 $462 $1,707 $649 $3,956
2005 $469 $1,598 $543 $3,618
2004 $438 $1,482 $462 $3,321
2003 $410 $1,379 $394 $3,047
2002 $391 $1,302 $381 $2,902
2001 $385 $1,229 $454 $2,782
2000 $390 $1,164 $555 $2,644
1999 $382 $1,120 $698 $2,522
1998 $375 $1,082 $621 $2,418
1997 $353 $1,059 $621 $2,329
1996 $305 $1,026 $597 $2,214
1995 $251.2 $981 $583 $2,178
1994 $222.5 $958 $574 $2,197
1993 $218.2 $959 $596 $2,318
1992 $243.4 $955 $603 $2,371
1991 $268.8 $952 $658 $2,676
1990 $236.9 $925 $653 $2,665
1989 $252.3 - $598 -
1988 $299 - $551 -
1987 $326 - $450 -
1986 $466 - - -
1985 $681 - - -
1984 $593 - - -
1983 $667 - - -
1982 $683 - - -
1981 $665 - - -
1980 $595 - - -
1979 $527 - - -
1978 $515 - - -
1977 $446 - - -
1976 $387 - - -
1975 $355 - - -
1974 $320 - - -
1973 $276.1 - - -
1972 $239.8 - - -
1971 $218.4 - - -
1970 $211.3 - - -
1969 $394 - - -
1968 $388 - - -
1967 $374 - - -
1966 $370 - - -
1965 $333 - - -
1964 $337 - - -
1963 $320 - - -
1962 $295.7 - - -
1961 $277.4 - - -
1960 $267.8 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Tanzania's GDP per capita is $1,150, ranking 170/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), Tanzania ranks 165th at $4,221, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Tanzania Uzbekistan
Gross domestic product
$78.8B
2024
$115B
2024
GDP rank
82/197
2024
66/197
2024
GDP growth
5.53%
2023-2024
6.5%
2023-2024
GDP per capita
$1,150
2024
$3,162
2024
GDP per capita rank
170/197
2024
139/197
2024
GDP per capita, PPP
$4,221
2024
$11,879
2024
GDP per capita PPP rank
165/197
2024
125/197
2024
Government debt
$39.3B
2024
$37.5B
2024
Debt-to-GDP ratio
49.9%
2024
32.7%
2024
Government debt per person
$573
2024
$1,032
2024
Government debt per person rank
160/185
2024
141/185
2024
Average annual personal income after taxes
$2,309
2026
$3,658
2026
Market capitalization of domestic companies
$7.32B
2024
$18.8B
2024
Number of billionaires
1
2025
n/a
Income share by richest 10%
33.1%
2018
25.7%
2024
Income share by poorest 10%
2.9%
2018
2.3%
2024
Government expenditure, % of GDP
19.1%
2024
27.6%
2024
Consumer prices inflation
3.06%
2023-2024
9.6%
2023-2024
Central bank interest rate
6%
2024
14%
2025
Unemployment rate
2.43%
2024
5.29%
2020
Population
73145892
37939105

Spending and national debt comparison by year

Tanzania
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Tanzania Uzbekistan
Government spending Government debt Government spending Government debt
2024 19.1% 49.9% 27.6% 32.7%
2023 19% 47.8% 29.9% 32.2%
2022 19.1% 44.9% 31.3% 30.5%
2021 18.4% 43.4% 27.4% 31.7%
2020 17.4% 41.3% 26% 33.7%
2019 17.3% 40.4% 24.4% 25.4%
2018 17.3% 42% 22.2% 17.5%
2017 16.4% 40.1% 19.9% 17.3%
2016 16.9% 39.8% 23.3% 8.19%
2015 17.2% 39.5% 24.6% 6.72%
2014 17.3% 36.4% 24.9% 6.09%
2013 18.8% 32.7% 25.2% 6.23%
2012 19.6% 30% 23.9% 6.76%
2011 19% 28.4% 23.7% 6.33%
2010 19.8% 27.6% 26.4% 6.61%
2009 19.6% 23.9% 27.5% 7.3%
2008 18.1% 21.6% 26.5% 8.33%
2007 17.8% 23.8% 24.8% 9.56%
2006 17.6% 17.4% 24.7% 13.5%
2005 18.3% 25.4% 28.1% 21%
2004 17% 44.5% 29.4% 26.9%
2003 15.4% 44.4% 31.5% 31.4%
2002 13.6% 47.4% 34.6% 41.6%
2001 12.4% 50.8% 30.6% 44.8%
2000 12.3% 55.4% 32.9% 29.5%
1999 12.8% 62.9% 33.6% 18.4%
1998 11.4% 62.2% 35.1% 18%
1997 12.8% 73.4% 31.8% 15.3%
1996 13.4% 89.6% 35.1% -
1995 15.6% 111.1% 29.4% -
1994 16.8% 126% 27.1% -
1993 16.4% 129.2% 39.6% -
1992 17.6% 117.6% 18% -
1991 14.2% 106.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1991–2000, retrieved 2026-02-20).

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

In 2024, Tanzania's government spending was $15.1B, accounting for 19.1% of its GDP, while Uzbekistan spent $31.7B, or 27.6% of GDP.

Debt-to-GDP ratio is 49.9% in Tanzania and 32.7% in Uzbekistan, ranking 109/185 and 152/185, respectively.

Government deficit by year

Deficit/surplus
Tanzania

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Tanzania Uzbekistan
2024 -3.03% -2.37%
2023 -3.67% -4.03%
2022 -3.92% -3.65%
2021 -3.55% -4.1%
2020 -2.56% -2.95%
2019 -2.06% -0.3%
2018 -2.01% 1.64%
2017 -1.14% 1.04%
2016 -2.08% 0.7%
2015 -3.17% -0.28%
2014 -2.91% 1.9%
2013 -3.76% 2.15%
2012 -4% 5.89%
2011 -3.51% 5.11%
2010 -4.74% 2.56%
2009 -4.46% 1.82%
2008 -1.92% 5.97%
2007 -1.44% 3.55%
2006 -3.38% 2.72%
2005 -3.28% -3.52%
2004 -2.43% -3.74%
2003 -1.77% -4.87%
2002 -0.73% -6.31%
2001 -0.41% -3.28%
2000 -0.73% -3.66%
1999 -1.14% -2.91%
1998 0.13% -3.04%
1997 -0.03% -2.05%
1996 1.57% -1.57%
1995 -2.12% -1.77%
1994 -3.74% -4.47%
1993 -2.02% -12%
1992 -4.96% 7.15%
1991 0.6% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20).

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

In 2024, Tanzania's government deficit, the difference between spending and revenue, was $2.39B, equivalent to 3.03% of GDP. This compares to Uzbekistan's deficit of $2.72B, or 2.37% of GDP.

Over the past 33 years, Tanzania recorded a fiscal deficit in 31 of those years, while Uzbekistan ran a deficit in 20 years. On average, Tanzania posted an annual deficit equal to 2.39% of GDP, compared to deficit of 0.87% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Tanzania

Uzbekistan
1x
Year Consumer prices inflation
Tanzania Uzbekistan
2024 3.06% 9.6%
2023 3.8% 10%
2022 4.35% 11.4%
2021 3.69% 10.8%
2020 3.29% 12.9%
2019 3.46% 14.5%
2018 3.49% 17.5%
2017 5.32% 13.9%
2016 5.17% 8.8%
2015 5.59% 8.5%
2014 6.13% 9.1%
2013 7.87% 11.7%
2012 16% 11.9%
2011 12.7% 12.4%
2010 6.2% 12.3%
2009 12.1% 12.3%
2008 10.3% 13.1%
2007 7.03% 11.2%
2006 7.25% 13.1%
2005 5.03% 10.7%
2004 4.74% 7.3%
2003 5.3% 12.5%
2002 5.32% 27.3%
2001 5.15% 27.3%
2000 5.92% 25%
1999 7.89% 29.1%
1998 12.8% 29%
1997 16.1% 70.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Tanzania has recorded an average annual inflation rate of 6.97%, compared with 16.6% in Uzbekistan. In 2024, inflation was 3.06% in Tanzania and 9.6% in Uzbekistan.

Top exports between countries

Tanzania
Export category Export value
Raw agricultural goods $165K
Textiles & consumer goods $103K
Wood & paper products $3K
Uzbekistan
Export category Export value
Raw materials & minerals $217K
Chemicals & pharma $48K
Machinery & equipment $11K

Balance of trade

Tanzania Uzbekistan
Current account balance
-$2.38B
2024
-$5.71B
2024
Current account balance ranking
147/190
2024
169/190
2024
Current account balance, % of GDP
-3.02%
2024
-4.97%
2024
Goods imports
$14.2B
2024
$33.2B
2024
Goods exports
$9.12B
2024
$19.6B
2024
Service imports
$2.8B
2024
$10.5B
2024
Service exports
$6.85B
2024
$6.55B
2024
Imports of goods and services, % of GDP
21.7%
2024
38%
2024
Exports of goods and services, % of GDP
19.8%
2024
22.8%
2024

Economic freedom indices

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

Tanzania Uzbekistan
Economic freedom 59 60.3
Economic freedom ranking 106/197 94/197
Property rights 45.2 43.1
Government integrity 40.9 32
Judicial effectiveness 29.6 13.7
Tax burden 80.4 95
Government spending 89.1 73.7
Fiscal health 75 79.9
Business freedom 48.1 62.5
Labor freedom 62.3 48.4
Monetary freedom 73.4 65.1
Trade freedom 58.8 80.6
Investment freedom 55 70
Financial freedom 50 60

Economic freedom comparison by year

Tanzania
Uzbekistan
1x
Year Economic freedom index
Tanzania Uzbekistan
2026 59 60.3
2025 59.3 58
2024 59.1 55.9
2023 60 56.5
2022 59.5 55.7
2021 61.3 58.3
2020 61.7 57.2
2019 60.2 53.3
2018 59.9 51.5
2017 58.6 52.3
2016 58.5 46
2015 57.5 47
2014 57.8 46.5
2013 57.9 46
2012 57 45.8
2011 57 45.8
2010 58.3 47.5
2009 58.3 50.5
2008 56.5 51.9
2007 56.8 51.5
2006 58.5 48.7
2005 56.3 45.8
2004 60.1 39.1
2003 56.9 38.3
2002 58.3 38.5
2001 54.9 38.2
2000 56 38.1
1999 60 33.8
1998 59.6 31.5
1997 59.3 -
1996 57.5 -
1995 57.3 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Tanzania is 59, ranking 106/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Tanzania Uzbekistan
Services, % of GDP
29.6%
2024
45.2%
2024
Industry, % of GDP
28.6%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
23.3%
2024
18.3%
2024
GNI, Atlas method
$80.2B
2024
$110B
2024
GNI per capita, PPP
$4,130
2024
$12,000
2024
Total reserves including gold
$5.05B
2018
$41.2B
2024
Total reserves ranking
101/177
2018
50/177
2024
Net foreign direct investment
-$1.72B
2024
-$2.81B
2024
Net inflows of foreign direct investment
$1.72B
2024
$2.99B
2024
Net outflows of foreign direct investment
$0
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI
2.57%
2024
9.88%
2024
Poverty at national poverty lines
26.4%
2018
8.9%
2024
Gross capital formation, % of GDP
39.8%
2024
33.3%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1991–2000, retrieved 2026-02-20)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.