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Tanzania Current Account Performance March 2026 | TICGL Economic Analysis
Tanzania Current Account Performance March 2026
A comprehensive analysis of Tanzania's external sector — goods trade, service receipts, foreign reserves, and economic implications for 2026, based on Bank of Tanzania data.
📅 Published: March 2026📊 Source: Bank of Tanzania (BoT)🏢 Published by: TICGL Research
Current Account Deficit
USD 1.93B
▼ 21.3% YoY
Goods Exports
USD 10.80B
▲ 16.7% YoY
Service Receipts
USD 7.38B
▲ 7.2% YoY
Tourism Revenue
USD 3.97B
▲ 53.8% of services
Foreign Reserves
USD 6.30B
4.8 months import cover
Services Surplus
USD 4.17B
▲ 2.6% YoY
01
Overview of Tanzania's External Sector Performance
Tanzania's external sector showed continued improvement in early 2026, with the current account deficit narrowing to USD 1,927.8 million in the year ending January 2026, down from USD 2,448.5 million in the previous year — a 21.3% improvement. This was driven by robust goods exports (up 16.7%) led by gold, and rising service receipts led by tourism and transport.
Foreign reserves rose to USD 6,295.3 million by end-January 2026, providing 4.8 months of import coverage — surpassing both EAC and national benchmarks — bolstering macroeconomic stability. The services trade surplus reached USD 4,174.9 million, helping to offset a goods deficit of USD 4,287.8 million.
💡
What is the Current Account? The current account measures the balance of trade in goods and services, primary income, and secondary income between Tanzania and the rest of the world. A deficit means Tanzania spends more on imports (goods, services, income transfers) than it earns from exports.
📌
Link to Government Securities Market: Strong external performance enhances reserves and Shilling stability (mild 0.97% depreciation), reducing FX risks and borrowing needs. This contributes to oversubscribed bond auctions (34% oversubscription for 10-year bonds at 11.30% yield), lowering domestic yields and enabling affordable financing for development.
Tourist arrivals up 6.1%, supporting USD 3.97B in tourism receipts
📈
GDP Growth (2026)
6.0–6.3%
Projected GDP growth driven by exports in mining and tourism
🏦
FDI Target
USD 15B
Tanzania's 2026 FDI target supported by strong reserves and Shilling stability
02
Current Account Summary (Year Ending January 2026)
The current account deficit narrowed to USD 1,927.8 million in the year ending January 2026, compared with USD 2,448.5 million in 2025, primarily due to strong goods export growth (+16.7%) and improved service receipts (+7.2%). Tanzania still experiences a deficit mainly due to high goods imports, but service exports — particularly tourism — help significantly reduce the imbalance.
Component
Year Ending Jan 2025 (USD M)
Year Ending Jan 2026 (USD M)
Approx. TZS (Trillion)
% Change
Goods Exports
9,251.4
10,795.7
28.1
▲ 16.7%
Goods Imports
14,351.8
15,083.5
39.2
▲ 5.1%
Goods Balance
-5,100.4
-4,287.8
-11.1
▼ 15.9%
Services Receipts
6,879.1
7,376.9
19.2
▲ 7.2%
Services Payments
2,808.3
3,202.0
8.3
▲ 14.0%
Services Balance
4,070.8
4,174.9
+10.9
▲ 2.6%
Primary Income (Net)
-1,955.8
-2,093.5
-5.4
▼ 7.0%
Secondary Income (Net)
536.8
278.6
0.7
▼ 48.1%
Current Account Balance
-2,448.5
-1,927.8
-5.0
▲ Improved 21.3%
Source: Bank of Tanzania (BoT) — Year ending January 2026 (provisional). Includes informal cross-border exports.
Goods vs Services Balance
Year ending Jan 2026 — USD Millions
Current Account Deficit: YoY Comparison
USD Millions — Jan 2025 vs Jan 2026
Full Current Account Components — Year Ending Jan 2026 (USD Million)
Data note: Figures marked (p) are provisional. Goods exports include informal cross-border trade. TZS conversions use approximate rate of TZS 2,600/USD.
03
Monthly Trend Analysis (Jan 2025 – Jan 2026)
Monthly data reveals the trajectory of Tanzania's external balance. The current account deficit stood at USD 311.3 million in January 2026, compared to USD 240.4 million in January 2025 and USD 281.4 million in December 2025, reflecting higher primary income outflows. However, goods exports in January 2026 (USD 1,082.3 million) remain significantly above January 2025 levels (USD 737.7 million), demonstrating sustained export strength.
Item
Jan 2025 (USD M)
Dec 2025 (USD M)
Jan 2026 (USD M)
Year End Jan 2025
Year End Jan 2026 (p)
% Change (Annual)
Goods Account
-460.5
-403.7
-411.7
-5,100.4
-4,287.8
▼ 15.9%
Exports*
737.7
1,090.5
1,082.3
9,251.4
10,795.7
▲ 16.7%
Imports
1,198.2
1,494.2
1,493.9
14,351.8
15,083.5
▲ 5.1%
Services Account
357.7
293.9
281.5
4,070.8
4,174.9
▲ 2.6%
Receipts
583.6
586.9
586.5
6,879.1
7,376.9
▲ 7.2%
Payments
225.9
293.0
305.0
2,808.3
3,202.0
▲ 14.0%
Primary Income
-170.3
-178.3
-193.9
-1,955.8
-2,093.5
▼ 7.0%
Secondary Income
32.8
6.8
12.7
536.8
278.6
▼ 48.1%
Current Account Balance
-240.4
-281.4
-311.3
-2,448.5
-1,927.8
▲ Improved 21.3%
*Includes informal cross-border exports. (p) = provisional. Source: Bank of Tanzania
Monthly Current Account Balance & Key Components — Trend Line (USD Million)
Jan 2025 · Dec 2025 · Jan 2026
Monthly Exports vs Imports Trend
Goods Account — USD Million
Monthly Services: Receipts vs Payments
Services Account — USD Million
04
Export of Services (Service Receipts by Category)
Service exports represent earnings Tanzania receives from non-residents for services. In the year ending January 2026, total service receipts reached USD 7,376.9 million (≈ TZS 19.2 trillion), growing 7.2% year-on-year. Travel (Tourism) remains the single largest contributor, accounting for over 53.8% of all service receipts.
Service Receipts Composition
Year Ending Jan 2026 — USD Million
Service Category
USD Million
TZS Trillion
Share
✈️ Travel (Tourism)
3,969.6
10.3
53.8%
🚢 Transport
2,875.4
7.5
38.9%
⚙️ Other Services
531.8
1.4
7.2%
Total Service Receipts
7,376.9
19.2
100%
Source: Bank of Tanzania — Year ending January 2026 (provisional)
🌍
Travel (Tourism) — USD 3,969.6M: Covers accommodation, food, transport, and recreation for international tourists. Tourism is the largest source of service export revenue in Tanzania, with visitor arrivals reaching 2.29 million (up 6.1%).
🚛
Transport Services — USD 2,875.4M: Includes freight services, shipping, logistics, and airline transport. These earnings increased due to transit trade and regional transport growth.
🏗️
Other Services — USD 531.8M: Covers construction, financial services, insurance, telecommunications, and professional services.
Service Receipts by Category — USD Million (Year Ending Jan 2026)
Horizontal bar comparison showing relative magnitude of each service category
05
Import of Services (Service Payments)
Service imports represent payments made by Tanzanian residents to foreign providers. In the year ending January 2026, service payments increased to USD 3,202 million (≈ TZS 8.3 trillion), up 14% year-on-year. Transport services dominate service imports, primarily driven by freight charges for imported goods, international shipping, and air transport.
Service Payments Composition
Year Ending Jan 2026 — USD Million
Service Category
USD Million
TZS Trillion
Share
🚢 Transport
1,501.3
3.9
46.9%
✈️ Travel
666.6
1.7
20.8%
⚙️ Other Services
1,034.1
2.7
32.3%
Total Service Payments
3,202.0
8.3
100%
Source: Bank of Tanzania — Year ending January 2026 (provisional)
⚠️
Why Transport Dominates Service Imports: As Tanzania imports large volumes of goods (capital equipment, fuel, industrial supplies), the associated freight charges paid to foreign shipping and logistics companies represent the largest single component of service payments at 46.9% (USD 1,501.3M).
06
Services Trade Balance — A Key Stabiliser
The services balance is calculated as: Service Receipts − Service Payments. Tanzania maintains a large surplus in services trade, which helps offset the deficit in goods trade and is a critical stabilising force in the country's overall current account position.
Indicator
USD Million
TZS Trillion
Notes
Services Receipts (Exports)
+7,376.9
+19.2
Tourism + Transport + Other
Services Payments (Imports)
-3,202.0
-8.3
Transport freight dominates
Net Services Balance
+4,174.9
+10.9
SURPLUS
Goods Balance (for comparison)
-4,287.8
-11.1
Exports − Imports of goods
Net Goods + Services
-112.9
-0.3
Nearly balanced at trade level
Tanzania's services surplus (USD 4.2B) nearly offsets the entire goods deficit (USD 4.3B). Source: Bank of Tanzania
Services vs Goods Balance — Comparative View (USD Million, Year Ending Jan 2026)
How the services surplus offsets the goods deficit
Complete Services Trade: Receipts vs Payments by Category (USD Million)
Side-by-side comparison of what Tanzania earns vs pays for each service type
07
Key Observations & Findings
🏖️
Observation 1
Tourism Dominates
Travel receipts contribute more than 53.8% of total service exports — the single largest source of service revenue in Tanzania's external sector.
🚛
Observation 2
Transport Growing Fast
Transport earnings (USD 2.88B) rose rapidly due to transit trade through Tanzania and growth in regional logistics services — supporting East Africa's trade hub ambitions.
📦
Observation 3
Freight = Biggest Outflow
As Tanzania imports large goods volumes, transport and freight payments to foreign companies represent 46.9% of service outflows — directly linked to import volumes.
⚖️
Observation 4
Services Offset Trade Gap
The USD 4.17B services surplus nearly fully offsets the USD 4.29B goods deficit — making services the critical stabiliser of Tanzania's current account position.
✅
Conclusion: Data from the Bank of Tanzania report show that Tanzania's external sector is supported by strong growth in tourism and transport service exports, rising service receipts reaching TZS 19.2 trillion, and a services trade surplus of approximately TZS 10.9 trillion. However, the country still experiences a current account deficit due to high goods imports — especially capital goods, fuel, and industrial supplies.
08
Economic Implications for Growth & Development
The external sector's resilience supports Tanzania's development by narrowing deficits, building reserves, and funding imports for growth sectors without excessive borrowing. Linked to the securities market, improved performance stabilises liquidity, lowers risk premiums, and attracts institutional buyers (banks and pensions accounting for 55% of government bond buyers), recycling export earnings into growth bonds.
Implication Category
Positive Impact on Growth
Potential Risks
Link to Securities Market
Trade Balance Improvement
Exports up 12.7% to USD 18.2B boost mining/agriculture, adding jobs (160,000 in 2025); tourism (USD 4B) aids diversification
Goods deficit (USD 4.3B) from imports (up 5.1%) exposes to oil shocks, potentially widening to 3% GDP
Analysis based on Bank of Tanzania data and TICGL Economic Research. IBCM = Interbank Cash Market.
Foreign Reserves vs Import Coverage
USD Billion — End-January 2026
Key Export Composition (Goods)
USD Million — Year Ending Jan 2026
Sources: Bank of Tanzania Monthly Economic Review, January 2026; TICGL Economic Research Desk. All figures in USD millions unless stated. (p) = provisional. For the latest data, visit www.bot.go.tz.
Goods Trade Deep-Dive — Exports, Imports & the Balance
Tanzania's goods trade showed a marked improvement in the year ending January 2026. Goods exports surged to USD 10,795.7 million (+16.7% YoY), led by gold which alone contributed USD 4,900.7 million (45.4% of total goods exports). Meanwhile, goods imports rose more modestly at 5.1% to USD 15,083.5 million, driven by capital goods, fuel, and industrial supplies needed to sustain Tanzania's infrastructure expansion and manufacturing base.
The result was a narrowing of the goods deficit by 15.9% — from USD 5,100.4 million to USD 4,287.8 million — representing a significant improvement in Tanzania's trade competitiveness.
USD 10.80B
Total Goods Exports
▲ 16.7% year-on-year
USD 15.08B
Total Goods Imports
▲ 5.1% year-on-year
USD -4.29B
Goods Trade Deficit
Improved from -USD 5.1B
USD 4.90B
Gold Exports
▲ 39.3% — 45.4% of exports
Goods Export Composition — Share of Total
🥇 Gold ExportsUSD 4,900.7M — 45.4%
💎 Other Minerals (est.)~USD 2,100M — 19.5%
🌿 Agricultural Products~USD 1,800M — 16.7%
🐟 Fish & Marine Products~USD 450M — 4.2%
📦 Manufactured & Other~USD 1,545M — 14.3%
🔑
Informal Cross-Border Exports: Official figures include informal cross-border exports — a critical component often under-measured. These represent small-scale trade across Tanzania's land borders to Kenya, Uganda, Rwanda, Zambia, Mozambique, and DRC, and are especially significant for agricultural commodities.
Goods Trade: Exports vs Imports
Annual — Year Ending Jan 2025 vs Jan 2026 (USD Million)
Gold is Tanzania's single most important export commodity, generating USD 4,900.7 million in the year ending January 2026 — a 39.3% surge from the previous year. This extraordinary growth reflects both higher global gold prices and increased production from Tanzania's major mines (including Geita Gold Mine, Bulyanhulu, and North Mara). Gold alone accounts for 45.4% of all goods export earnings, making Tanzania one of Africa's top gold exporters.
Gold vs Other Exports — Year Ending Jan 2026
USD Million — share of total goods exports
USD 4.90B
Gold Export Value
Year ending Jan 2026
+39.3%
YoY Growth
Fastest-growing export
45.4%
Share of Goods Exports
Dominant single commodity
#1
Top Export
Africa's major gold exporter
⚠️
Concentration Risk: While gold's surge is a major positive, Tanzania's heavy dependence on a single commodity creates vulnerability to global price shocks. A 20% drop in gold prices could reduce export earnings by roughly USD 980 million, potentially widening the current account deficit significantly.
🏗️
Diversification Push: Under Vision 2050, Tanzania is investing in diversifying beyond gold — into processed agricultural exports, manufacturing, and blue economy sectors — to reduce commodity concentration risk while gold revenues remain strong.
Gold Export Earnings vs Current Account Deficit — Annual Comparison (USD Million)
Gold earnings alone now nearly equal the entire current account deficit — a remarkable structural shift
Metric
Year Ending Jan 2025
Year Ending Jan 2026 (p)
Change
Gold Export Value (USD M)
~3,519
4,900.7
▲ 39.3%
Gold as % of Total Goods Exports
~38.0%
45.4%
▲ 7.4 ppts
Gold vs Current Account Deficit Ratio
~1.44x
2.54x
▲ Significantly higher
Total Goods Exports (USD M)
9,251.4
10,795.7
▲ 16.7%
Current Account Deficit (USD M)
2,448.5
1,927.8
▲ Improved 21.3%
Source: Bank of Tanzania. Gold 2025 estimate based on proportional BoT data. (p) = provisional.
11
Foreign Reserves & Shilling Stability
Tanzania's foreign exchange reserves rose to USD 6,295.3 million by end-January 2026, providing 4.8 months of import coverage — surpassing both the EAC minimum benchmark of 4.5 months and the national target of 4.0 months. This buffer is critical: it signals Tanzania's capacity to withstand external shocks, service import obligations without disruption, and maintain investor confidence.
The Tanzanian Shilling experienced only a mild 0.97% depreciation over the period — remarkably stable given global FX volatility — directly attributed to the strong reserve position and improving current account trajectory.
USD 6.30B
Foreign Reserves
End-January 2026
4.8 months
Import Coverage
Above EAC (4.5M) & National (4.0M) benchmarks
0.97%
TZS Depreciation
Mild — well-managed stability
~15%
Securities Market / GDP
Deepening domestic capital market
Reserves vs Regional & National Benchmarks
Benchmark
Import Months
Status
🇹🇿 Tanzania Actual (Jan 2026)
4.8 months
✓ EXCEEDS ALL
🌍 EAC Minimum Benchmark
4.5 months
EAC Threshold
🏛️ National Target
4.0 months
National Target
⚠️ Minimum Adequate (IMF)
3.0 months
Far Exceeded
Tanzania's reserves comfortably exceed all regional and international adequacy thresholds.
🏦
Securities Market Link: Strong reserves reduce the need for external borrowing, stabilising domestic yields at 9–12% for T-bills. This deepens Tanzania's government securities market (currently ~15% of GDP) and attracts institutional buyers — banks and pension funds — who account for 55% of bond subscriptions.
Reserves Coverage vs Benchmarks
Months of Import Coverage
12
Government Securities Market — External Sector Linkage
Tanzania's improving external sector is directly interlinked with the performance of its domestic government securities market. Strong export earnings and rising reserves enhance macroeconomic confidence, reduce FX risk premiums, and lower the cost of domestic borrowing — creating a virtuous cycle that funds infrastructure and development without increasing external debt vulnerability.
1
Improved Reserves → Shilling Stability FX Channel
USD 6.3B in reserves supports the Tanzanian Shilling (only 0.97% depreciation), reducing FX risk perceived by domestic and foreign bond investors, lowering the risk premium embedded in Treasury yields.
2
Lower Risk Premium → Oversubscribed Auctions Bond Market
Strong external fundamentals contributed to 34% oversubscription of 10-year government bonds at an 11.30% yield. Total bids reached TZS 840 billion — demonstrating deep domestic investor appetite and strong market confidence.
3
Reduced External Borrowing Needs Debt Management
As reserves grow and domestic markets deepen (targeting ~15% GDP), Tanzania can reduce reliance on expensive external concessional and commercial borrowing — improving debt sustainability while funding Vision 2050 infrastructure priorities.
4
IBCM Liquidity & BoT Operations Monetary Policy
Export earnings flowing through the banking system support the Interbank Cash Market (IBCM rate: 6.68%), providing BoT with the liquidity management tools needed to conduct open market operations and maintain monetary stability.
Banks and pension funds recycling export earnings into bonds
Securities Market Depth / GDP
~15%
Growing — target is deeper market to reduce external dependence
Source: Bank of Tanzania; TICGL Economic Research Desk — Year ending January 2026
Yield Landscape — Government Securities (Tanzania, 2026)
Interest rate structure across maturities — reflects external sector confidence
13
Risks & Opportunities — External Sector Outlook
While Tanzania's external sector shows significant improvement, a balanced assessment requires identifying both the opportunities created by the current positive trajectory and the risks that could undermine these gains. The following analysis maps key factors across both dimensions.
🟢 Opportunities
🥇
Gold supercycle: If global gold prices sustain above USD 2,000/oz, Tanzania's export revenues could grow further, compressing the current account deficit towards 2% GDP.
✈️
Tourism recovery momentum: With 2.29M arrivals and USD 4B in receipts, Tanzania has runway to grow to 3M+ arrivals by 2028 under Magical Kenya/Tanzania positioning.
🚛
Transit hub expansion: The TAZARA corridor, SGR, and Dar es Salaam port upgrades could double transit freight earnings within 5 years.
🌿
Agricultural value addition: Processed agricultural exports (coffee, cashew, avocado) could grow 3–4× if value chain investment accelerates.
🔋
Critical minerals: Graphite, lithium, and REE deposits offer next-generation export diversification aligned with global green energy transition demand.
📊
Deepening securities market: Oversubscribed bonds signal capacity to issue longer-dated infrastructure bonds, reducing costly short-term refinancing.
🔴 Risks
🛢️
Oil price shock: Tanzania imports ~21% of goods as fuel. A 30% oil price surge could add ~USD 960M to the import bill, potentially widening the deficit to 3% GDP.
📉
Gold price reversal: A 20% gold price drop could reduce export earnings by ~USD 980M, partially reversing the 16.7% goods export growth.
💸
Primary income pressure: Primary income outflows (USD 2.1B, +7% YoY) — largely profit repatriation by mining investors — will grow as more foreign-financed projects come on stream.
📉
Secondary income decline: A 48.1% drop in secondary income (remittances) impacts rural household income and domestic consumption.
🌐
Global trade disruptions: Supply chain fragility, geopolitical shocks, or a global recession could simultaneously reduce export demand and increase import prices.
💱
External debt servicing: As infrastructure borrowing rises, external debt service costs may increase — competing with reserves for FX resources.
Sensitivity Analysis — Current Account Deficit Under Shock Scenarios (USD Million)
Illustrative scenarios showing how key risk factors could shift the current account deficit from the baseline of USD 1,927.8M
14
Vision 2050 & Medium-Term Economic Outlook
Tanzania's current account improvement aligns closely with the macroeconomic trajectory set out under Vision 2050 — the long-term development framework targeting Tanzania's transformation into a high middle-income economy. The external sector's 2026 performance demonstrates that Tanzania is on track for its medium-term GDP growth projection of 6.5–6.9% as mining, tourism, and services continue to expand.
GDP Growth Trajectory — Actual & Projected
Tanzania GDP Growth Rate (%)
Historical & projected under Vision 2050 path
Vision 2050 — Key External Sector Targets
Target Indicator
2026 (Current)
2030 Target
2050 Vision
GDP Growth Rate
6.0–6.3%
7.0%
8.0%+
FDI Inflows
USD 15B target
USD 20B
USD 50B+
Exports / GDP Ratio
~22%
~28%
~40%
Tourism Arrivals
2.29M
4M
10M+
Import Coverage (Months)
4.8
5.0
6.0
Current Account / GDP
-2.2%
-1.5%
Balanced
Projections are aligned with Tanzania's Vision 2050 and NDP targets. TICGL analysis based on BoT and Government planning documents.
🎯
Medium-Term Projection: TICGL projects the current account deficit narrowing to 2.2% of GDP in the near term, with a path toward balance as export diversification — particularly in agriculture value chains, manufacturing, and blue economy — progressively reduces import dependency.
15
Comprehensive Summary — All Key Indicators at a Glance
The following master table consolidates all key indicators from the Bank of Tanzania's current account report for year ending January 2026, providing a single-reference summary for analysts, investors, and policymakers.
Category
Indicator
Year Jan 2025
Year Jan 2026 (p)
% Change
Assessment
GOODS TRADE
Goods Exports (USD M)
9,251.4
10,795.7
▲ 16.7%
Strong
Goods Imports (USD M)
14,351.8
15,083.5
▲ 5.1%
Moderate
Goods Balance (USD M)
-5,100.4
-4,287.8
▼ 15.9%
Improving
SERVICES TRADE
Services Receipts (USD M)
6,879.1
7,376.9
▲ 7.2%
Strong
Services Payments (USD M)
2,808.3
3,202.0
▲ 14.0%
Watch
Services Balance (USD M)
4,070.8
4,174.9
▲ 2.6%
Surplus
INCOME
Primary Income (USD M)
-1,955.8
-2,093.5
▼ 7.0%
Pressure
Secondary Income (USD M)
536.8
278.6
▼ 48.1%
Declining
OVERALL
Current Account Balance (USD M)
-2,448.5
-1,927.8
▲ 21.3%
Improving
STABILITY
Foreign Reserves (USD M)
—
6,295.3
Above benchmarks
Strong
Import Coverage (Months)
—
4.8
Above EAC (4.5)
Adequate+
TZS Depreciation
—
0.97%
Very mild
Stable
Master summary — Bank of Tanzania provisional data, year ending January 2026. Compiled by TICGL Economic Research Desk.
Tanzania External Sector — Performance Radar (Year Ending Jan 2026)
Normalised scores (0–100) across six dimensions of external sector health
📋 TICGL Final Assessment — Tanzania's External Sector, March 2026
Based on Bank of Tanzania data for the year ending January 2026, Tanzania's external sector is demonstrating broad-based improvement across the most critical indicators. The current account deficit narrowed 21.3% to USD 1,927.8 million — the most significant improvement in several years — driven by a confluence of factors: surging gold exports, robust tourism recovery, growing transport services, and disciplined reserve management.
The external sector's strength provides a solid macroeconomic foundation for Tanzania's Vision 2050 development ambitions, supporting government securities markets, FDI attraction, and Shilling stability. However, persistent challenges — including high goods imports, a rising primary income outflow, and declining remittances — require continued diversification efforts and global risk management.
✅ Current account deficit improved 21.3% to USD 1.93B
✅ Goods exports surged 16.7% to USD 10.80B
✅ Gold exports soared 39.3% to USD 4.90B
✅ Tourism receipts strong at USD 3.97B (53.8% of services)
✅ Services surplus of USD 4.17B offsets most of goods deficit
✅ Reserves at USD 6.30B — 4.8 months import cover
✅ Shilling stable — only 0.97% depreciation
⚠️ Primary income outflows rising (+7.0% to USD 2.09B)
⚠️ Secondary income (remittances) fell 48.1%
⚠️ Goods imports still high at USD 15.08B
📊 GDP growth on track at 6.0–6.3% for 2026
🎯 Medium-term target: deficit at 2.2% of GDP
Disclaimer: This analysis is prepared by TICGL – Tanzania Investment and Consultant Group Ltd based on publicly available Bank of Tanzania data. All figures marked (p) are provisional. This report is for informational purposes and does not constitute investment advice. For the latest BoT data, visit www.bot.go.tz.
