Tanzania Inflation Rate 1966-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Tanzania inflation rate for 2023 was 3.80%, a 0.55% decline from 2022.
  • Tanzania inflation rate for 2022 was 4.35%, a 0.66% increase from 2021.
  • Tanzania inflation rate for 2021 was 3.69%, a 0.4% increase from 2020.
  • Tanzania inflation rate for 2020 was 3.29%, a 0.17% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sierra Leone 47.64%
Haiti 36.81%
Ethiopia 30.22%
Malawi 28.79%
Burundi 26.94%
Rwanda 19.79%
Gambia 16.97%
Chad 10.84%
Madagascar 9.87%
Guinea 7.81%
Mozambique 7.13%
Nepal 7.11%
Uganda 5.35%
Tanzania 3.80%
Niger 3.70%
Central African Republic 2.98%
Benin 2.73%
South Sudan 2.38%
Mali 2.06%
Burkina Faso 0.74%
Tanzania Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 3.80% -0.55%
2022 4.35% 0.66%
2021 3.69% 0.40%
2020 3.29% -0.17%
2019 3.46% -0.03%
2018 3.49% -1.82%
2017 5.32% 0.14%
2016 5.17% -0.41%
2015 5.59% -0.54%
2014 6.13% -1.74%
2013 7.87% -8.13%
2012 16.00% 3.31%
2011 12.69% 6.49%
2010 6.20% -5.94%
2009 12.14% 1.86%
2008 10.28% 3.25%
2007 7.03% -0.23%
2006 7.25% 2.22%
2005 5.03% 0.30%
2004 4.74% -0.57%
2003 5.30% -0.01%
2002 5.32% 0.17%
2001 5.15% -0.78%
2000 5.92% -1.97%
1999 7.89% -4.91%
1998 12.80% -3.29%
1997 16.09% -4.89%
1996 20.98% -6.45%
1995 27.43% -6.66%
1994 34.08% 8.81%
1993 25.28% 3.43%
1992 21.85% -6.85%
1991 28.70% -7.13%
1990 35.83% 9.98%
1989 25.85% -5.34%
1988 31.19% 1.24%
1987 29.95% -2.48%
1986 32.43% -0.85%
1985 33.28% -2.86%
1984 36.15% 9.09%
1983 27.06% -1.88%
1982 28.93% 3.28%
1981 25.65% -4.55%
1980 30.20% 17.25%
1979 12.95% 6.37%
1978 6.58% -5.03%
1977 11.60% 4.74%
1976 6.86% -19.20%
1975 26.06% 6.46%
1974 19.60% 9.20%
1973 10.40% 2.76%
1972 7.64% 2.86%
1971 4.78% 1.28%
1970 3.49% -12.92%
1969 16.42% 0.82%
1968 15.60% 3.41%
1967 12.19% 2.41%
1966 9.78% 2.41%