Between 1996/97 and 2021/22, revenue collections by the Tanzania Revenue Authority (TRA) in Zanzibar have shown significant growth, rising from TShs 16,671.4 million to TShs 356,042.2 million. This equates to...
The Annual Agricultural Sample Survey (AASS) 2022/23 reveals that agriculture remains vital to Tanzania’s economy, with 8.97 million households engaged in farming, of which 98.3% produce crops and 60.6% rear...
The National Bureau of Statistics report on Tanzania's Industrial Production Index (IIP) for Q2 2024 reveals a promising increase of 6% in overall industrial production from Q1 to Q2, moving...
Tanzania has witnessed an extraordinary rise in government expenditure over the past two decades, growing from TZS 65.4 billion in 2000 to TZS 3,788.0 billion in 2024, marking a staggering...
Tanzania has experienced significant progress in its income tax collections, with an overall growth of 9,400% from TZS 14.9 billion in 2000 to TZS 1.41 trillion in 2024. Early efforts...
Over the past 24 years, Tanzania has dramatically increased its investment in development projects, with loan amounts rising by an impressive 8,800% from TZS 12.5 billion in 2000 to a...
The insurance market in Tanzania plays a crucial role in supporting economic stability and protecting individuals and businesses against risks. However, effective management of liabilities—such as claims reserves, underwriting reserves,...
Personal remittances from Tanzanians abroad play a vital role in supporting Tanzania's secondary income, with average quarterly transfers rising from around $90 million in 2013-2016 to approximately $138-$182 million in...
From 2017 to 2023, the Tanzanian shilling consistently depreciated against the US dollar, with end-of-quarter rates rising from 1,629.6 to 2,175.3 TZS/USD. This gradual depreciation reflects economic pressures, including trade...
This research provides an in-depth look at the trends in foreign direct investment (FDI) inflows into Tanzania, revealing both stability and fluctuations over recent years. Quarterly FDI ranged from $216...