After many years of relatively slow growth, Tanzania’s national accounts data report accelerated aggregate growth since around 2000. Our analysis shows that there has been somewhat slower growth in private consumption and in sectors such as agriculture in which most of the poor work and live. The household survey data documents a limited reduction in consumption poverty over the period, and what poverty reduction there has been has mostly occurred in Dar es Salaam. Indicators of non-monetary poverty have gradually improved over the past 20 years but significant differences across the country remain.