Tanzania's Economic Strengths in Comparison with African Peers Tanzania's Economic Situation: Tanzania's external debt-to-GDP ratio stands at 30.55%, which is relatively low compared to many other African nations. This means...
In the third quarter of 2023, Tanzania recorded a trade deficit of 1144.40 USD million, indicating that the value of imports exceeded the value of exports by this amount during...
Overall Earnings Increase: Contribution of Attractions: National Parks Performance: Visitor and Earnings Breakdown by Zone (Quarter ending Dec-23): Central Zone: Lake Zone: Northern Zone: South Eastern Zone: Southern Highlands Zone:...
Bank Deposits: Total Deposits Growth: Deposits in Tanzania banks increased by 23.2% from TZS 26,487.5 billion at the end of December 2022 to TZS 32,619.5 billion at the end of...
Tax Revenue Collections Factors Contributing to Performance Zone-wise Performance Performance by Zone (in Billions of TZS): Zone Dec-22 Sep-23 Dec-23 Actual to Target Ratio Percentage Change Percentage Share Central 210.2...
Time Frame: The data spans from December 2022 to December 2023. Geographical Zones: Different regions/zones are considered: National, Central, Dar es Salaam, Lake, Northern, South Eastern, Southern Highlands. Inflation Trends:...
Tanzania's capital and financial account surplus of 964.10 USD million in the second quarter of 2023 indicates that the country received more capital inflows and financial investments than it sent...
Private sector credit refers to the amount of credit extended by financial institutions (such as banks) to the private sector, which includes businesses and individuals, excluding government entities. Let's break...
The Bank Lending Rate in Tanzania refers to the interest rate at which commercial banks lend money to their customers, typically businesses and individuals. It's an important indicator of the...
USD-TZS Exchange Rate Movement: Historical Data: Forecast: The USDTZS exchange rate increased slightly on April 26, 2024, indicating a small strengthening of the Tanzania Shilling against the US Dollar. However,...