Following the continued implementation of monetary tightening in many economies to contain inflation, together with persistent geopolitical tensions and uneven trade conditions, the global economy recorded moderate growth in 2025. According to the projections cited in the 2025 National Economic Survey, world economic growth was estimated at 3.3% in 2025, while growth in Sub-Saharan Africa was estimated at 4.5%. In the same period, global inflation declined to an average of 4.1% from 5.8% in 2024, reflecting lower international commodity prices and continued anti-inflation policy measures.
This trend was also reflected across regional economic communities. In 2025, Tanzania remained one of the stronger-performing economies in both SADC and the EAC, recording real GDP growth of 5.9% compared with 5.6% in 2024. Within SADC, Zimbabwe recorded the highest growth at 7.5%, followed by Tanzania at 5.9% and the Democratic Republic of the Congo at 5.7%. In the EAC, South Sudan led with 46.1%, followed by Rwanda at 7.0%, Uganda at 6.7%, and Tanzania at 5.9%.
Despite mixed global conditions, Tanzania’s economy continued to demonstrate resilience. The national Gross Domestic Product (GDP) at current prices increased to TZS 234,104,003 million in 2025 from TZS 211,974,663 million in 2024. At constant 2019 prices, GDP increased to TZS 186,102,786 million from TZS 175,727,157 million, equivalent to a real growth rate of 5.9% in 2025. This growth was supported by sustained public and private investment, improved performance in tourism, increased export earnings, expansion in industrial activity, and continued implementation of strategic development projects.
Export performance improved in a number of categories in 2025. The value of mineral exports increased to USD 5,401.9 million from USD 4,119.9 million in 2024, largely driven by gold exports, which rose to USD 4,753.9 million and accounted for 88.0% of all mineral exports, while manufactured exports increased to USD 1,595.8 million from USD 1,341.3 million, supported by stronger demand in neighboring markets.
Please see the link below for our detailed highlights from the budget announcement.
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