GDP growth in Tanzania Q4 2021, by economic activity
number of tourist arrivals in the country has rebounded.
Electricity supply, information and communication, and financial and insurance also recorded a relevant increase in the period. Overall, Tanzania's GDP recorded a growth rate of 4.3 percent in the same period.
Accommodation and restaurants composed the economic activity with the highest growth in Tanzania as of the fourth quarter of 2021. The sector expanded by roughly 11.6 percent, showing signs of recovery after being strongly hit by the coronavirus (COVID-19) pandemic. After a dramatic fall in 2020, the Electricity supply, information and communication, and financial and insurance also recorded a relevant increase in the period. Overall, Tanzania's GDP recorded a growth rate of 4.3 percent in the same period.