Luxembourg vs Tanzania: GDP
GDP over time
- Luxembourg
- Tanzania
How they compare
Tanzania currently reports 78.82 billion constant 2015 US$ against 70.96 billion constant 2015 US$ in Luxembourg, a difference of 7.86 billion constant 2015 US$.
That makes Tanzania's figure about 1.1 times Luxembourg's.
The two have swapped places 3 times across 66 shared years of data; in 1960 it was Luxembourg ahead.
Globally, Luxembourg ranks 78th and Tanzania ranks 76th of 211 countries.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.