Sub-Saharan Africa
Tanzania Inflation
Annual percentage change in consumer prices (CPI).
Latest Value
3.1%
As of 2024
YoY Change
-19.5%
2023 → 2024
Record High
36.1%
Recorded in 1984
Record Low
3.1%
Recorded in 2024
10-Year Average
4.1%
2015–2024
Data Range
1966–2024
59 data points
Source
World Bank
Code: FP.CPI.TOTL.ZG
Historical Trend
1966 – 2024
Analysis
Tanzania's inflation rate of 3.06% in 2024 indicates a relatively stable economic environment. This rate is within the target range of many central banks, suggesting that the country's monetary policy is effective in managing price increases. The stable inflation rate can boost investor confidence and support economic growth.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | 3.1% | 0.7% | -19.5% |
| 2023 | 3.8% | 0.6% | -12.7% |
| 2022 | 4.4% | 0.7% | +17.9% |
| 2021 | 3.7% | 0.4% | +12.2% |
| 2020 | 3.3% | 0.2% | -5.0% |
| 2019 | 3.5% | 0.0% | -0.9% |
| 2018 | 3.5% | 1.8% | -34.3% |
| 2017 | 5.3% | 0.1% | +2.8% |
| 2016 | 5.2% | 0.4% | -7.4% |
| 2015 | 5.6% | 0.5% | -8.9% |
Source: World Bank Open Data · 1966–2024
Neighbouring Countries Ranking
Sub-Saharan Africa · Inflation
