Domestic Demand in Tanzania
The economy of Tanzania recorded an average growth rate of 4.6% in the decade to 2021. In 2021, the domestic demand growth was 7.3%.
Tanzania Demand Chart
Note: This chart displays Domestic Demand (ann. var. %) for Tanzania from 2023 to 2022.
Source: Macrobond.
Tanzania Demand Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Domestic Demand (ann. var. %) | 4.5 | 5.0 | 5.5 | 6.1 | 2.7 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Tanzanian demand projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable demand forecast available for Tanzanian demand.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Tanzanian demand projections.
Want to get access to the full dataset of Tanzanian demand forecasts? Send an email to info@focus-economics.com.