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Urge Development Brief Desk | East Africa. Urge- DevWire
DODOMA, June 2026.
Tanzania's economy grew to USD 91.81 billion in 2025, with real GDP expanding at 5.9 percent, up from 5.6 percent in 2024, according to revised national accounts data tabled in Parliament by Minister of State in the President's Office (Planning and Investment) Professor Kitila Alexander Mkumbo as part of the government's 2026/27 National Development Plan.
The figures reflect a comprehensive rebasing exercise by the National Bureau of Statistics, which shifted the GDP base year from 2015 to 2019, significantly revising upward Tanzania's measured economic output from USD 81.2 billion recorded in the previous base year for 2024.
Inflation remained within policy targets, averaging 3.3 percent in 2025 compared to 3.1 percent in 2024, driven primarily by food prices. The Tanzania Investment and Special Economic Zones Authority registered 915 investment projects in 2025 valued at USD 10.95 billion, a 17.74 percent increase in value from 2024.
The government has set a target of 1.7 million new jobs in 2026, compared to 981,000 jobs created in 2024. Professor Mkumbo told Parliament the country was concluding Vision 2025 with stronger economic fundamentals, while noting that middle-class growth and inclusive development remain structural priorities. The 2026/27 National Development Plan is presented as the foundation for Vision 2050.
Tanzania Economy Reaches USD 91.81 Billion in 2025 After GDP Rebasing; Government Targets 1.7 Million New Jobs in 2026
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