TICGL

| Economic Consulting Group

TICGL | Economic Consulting Group
Tanzania’s Trade Openness Surge (2020–2023), From 27.96% to 38.21% – A 10.25-Point Recovery
Between 2020 and 2023, Tanzania’s trade-to-GDP ratio rebounded sharply from a pandemic low of 27.96% to 38.21%, marking a 10.25 percentage point increase—the strongest three-year expansion in over a decade....
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Tanzania’s Economic Growth Journey (1960–2023), From $275 to $1,224 Per Capita and $79.06 Billion GDP
Over six decades, Tanzania’s economy has expanded dramatically—from a GDP per capita of $275 in 1960 to $1,224.49 in 2023, and a total GDP of $79.06 billion. Despite global and...
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Tanzania’s National Debt Rise (1961–2025), From $0.2B to $53.5B – A 26,650% Fiscal Transformation
Over six decades, Tanzania’s national debt has expanded from $0.2 billion in 1961 to $53.5 billion in 2025, marking an extraordinary 26,650% increase driven by evolving development priorities and policy...
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Tanzania’s Trade Balance Transformation (1990–2023), From -20.47% to -3.82% of GDP
Over the past three decades, Tanzania has achieved remarkable progress in managing its trade balance—reducing the deficit from a severe -20.47% of GDP in 1993 to a more sustainable -3.82%...
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Tanzania’s Foreign Direct Investment Journey (1970–2023), From 0.22% of GDP to $1.63 Billion
From a negligible 0.22% of GDP in the 1970s to a strong $1.63 billion in 2023, Tanzania’s Foreign Direct Investment (FDI) story reflects over five decades of transformation and resilience....
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Economic Implications of the Financial Sector in Q1 2025
The financial sector in Tanzania demonstrated significant growth in Q1 2025, as outlined in the National Bureau of Statistics report, with bank deposits rising by 18.5% to TZS 43.0 trillion...
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Tanzania’s economic engine shifts with mining driving 5.4% growth while agriculture anchors stability
The United Republic of Tanzania's economy showcased a steady performance in the first quarter of 2025, with GDP growth rising to 5.4% from 5.2% in the same period of 2024,...
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Inflation, Debt, and Tanzania Shilling (TZS) Dynamics
In the Tanzania's Monthly Economic Review for August 2025, inflation remained stable at 3.3% in July 2025, within the 3-5% target, while national debt exhibited modest growth (1% increase to...
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National Debt Stability in Tanzania
The Bank of Tanzania's Monthly Economic Review for August 2025 highlights a stable national debt profile, with the total debt stock at USD 46,586.6 million as of the end of...
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Tanzania Shilling Stability – July 2025
The Tanzania Shilling (TZS) remained broadly stable in July 2025 despite mild depreciation pressures. The currency averaged TZS 2,666.79 per USD, a 1.34% monthly decline from June, while annual depreciation...
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