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Economy of Tanzania vs Vatican compared: GDP & Debt

Updated on by Georank team

Tanzania has a GDP of $78.8B compared to $19.8M for the Vatican, ranking 82/197 and 197/197 by economy size, respectively.

Tanzania vs Vatican GDP by year

Tanzania
Vatican
1x
Year GDP, current $
Tanzania Vatican
2024 $78,844,405,385 -
2023 $79,030,935,627 -
2022 $75,749,121,843 -
2021 $70,655,628,148 -
2020 $66,068,737,786 -
2019 $61,026,731,926 -
2018 $57,003,712,892 -
2017 $53,274,884,533 -
2016 $49,774,409,374 -
2015 $47,413,919,817 -
2014 $49,986,726,461 -
2013 $45,648,857,242 -
2012 $39,650,394,363 -
2011 $34,657,140,096 -
2010 $32,012,892,919 -
2009 $29,400,573,554 -
2008 $27,947,821,398 -
2007 $21,860,434,823 -
2006 $18,619,859,795 -
2005 $18,395,383,647 -
2004 $16,673,062,473 -
2003 $15,211,487,709 -
2002 $14,129,651,896 -
2001 $13,563,990,022 -
2000 $13,371,767,082 -
1999 $12,704,334,196 -
1998 $12,172,790,056 -
1997 $11,158,197,942 -
1996 $9,433,528,150 -
1995 $7,631,431,840 -
1994 $6,550,480,484 -
1993 $6,182,872,708 -
1992 $6,681,997,469 -
1991 $7,197,768,159 -
1990 $6,184,384,225 -
1989 $6,418,799,007 -
1988 $7,406,614,407 -
1987 $7,824,193,222 -
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/vatican | CC BY

Economic indicators

Tanzania Vatican
Gross domestic product
$78.8B
2024
$19.8M
2025
GDP rank
82/197
2024
197/197
2025
GDP growth
5.53%
2023-2024
n/a
GDP per capita
$1,150
2024
$19,800
2025
GDP per capita rank
170/197
2024
59/197
2025
GDP per capita, PPP
$4,221
2024
$39,191
2025
GDP per capita PPP rank
165/197
2024
59/197
2025
Government debt
$39.3B
2024
n/a
Debt-to-GDP ratio
49.9%
2024
n/a
Government debt per person
$573
2024
n/a
Government debt per person rank
160/185
2024
n/a
Average annual personal income after taxes
$2,309
2026
$18,169
2026
Market capitalization of domestic companies
$7.32B
2024
n/a
Number of billionaires
1
2025
n/a
Income share by richest 10%
33.1%
2018
n/a
Income share by poorest 10%
2.9%
2018
n/a
Government expenditure, % of GDP
19.1%
2024
n/a
Consumer prices inflation
3.06%
2023-2024
n/a
Central bank interest rate
6%
2024
n/a
Unemployment rate
2.43%
2024
n/a
Population
73145892
936

Balance of trade

Tanzania Vatican
Current account balance
-$2.38B
2024
n/a
Current account balance ranking
147/190
2024
n/a
Current account balance, % of GDP
-3.02%
2024
n/a
Goods imports
$14.2B
2024
n/a
Goods exports
$9.12B
2024
n/a
Service imports
$2.8B
2024
n/a
Service exports
$6.85B
2024
n/a
Imports of goods and services, % of GDP
21.7%
2024
n/a
Exports of goods and services, % of GDP
19.8%
2024
n/a

Economic freedom indices

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

Tanzania Vatican
Economic freedom 59 65
Economic freedom ranking 106/197 69/197
Property rights 45.2 n/a
Government integrity 40.9 n/a
Judicial effectiveness 29.6 n/a
Tax burden 80.4 n/a
Government spending 89.1 n/a
Fiscal health 75 n/a
Business freedom 48.1 n/a
Labor freedom 62.3 n/a
Monetary freedom 73.4 n/a
Trade freedom 58.8 n/a
Investment freedom 55 n/a
Financial freedom 50 n/a

Other economic metrics

Tanzania Vatican
Services, % of GDP
29.6%
2024
n/a
Industry, % of GDP
28.6%
2024
n/a
Agriculture, forestry, and fishing, % of GDP
23.3%
2024
n/a
GNI, Atlas method
$80.2B
2024
n/a
GNI per capita, PPP
$4,130
2024
n/a
Total reserves including gold
$5.05B
2018
n/a
Total reserves ranking
101/177
2018
n/a
Net foreign direct investment
-$1.72B
2024
n/a
Net inflows of foreign direct investment
$1.72B
2024
n/a
Net outflows of foreign direct investment
$0
2024
n/a
Servicing debt to the IMF, % of GNI
2.57%
2024
n/a
Poverty at national poverty lines
26.4%
2018
n/a
Gross capital formation, % of GDP
39.8%
2024
n/a

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/vatican | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  3. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Fiscal Monitor (2024, retrieved 2026-02-20)
  5. Central Intelligence Agency (CIA) (2019–2025, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.