Zanzibar’s economy grew by 6.2% in 2024, up from 5.8% in 2023, driven by tourism (12.7% growth), trade (7.1% growth), and infrastructure investments. The inflation rate dropped to 3.9%, improving...
Revenue Growth, Expenditure Trends, and Fiscal Deficit Challenges Tanzania’s budget performance in December 2024 reflected strong revenue collection, controlled expenditure, and a widening fiscal deficit. The government collected TZS 2,737.6...
In December 2024, Tanzania’s external sector showed resilience, with total exports rising by 9.8% to USD 14.72 billion, driven by gold (USD 3.49 billion, +4.3%) and tourism (USD 3.10 billion,...
Between 2013 and 2024, Tanzania's economic growth showcased sectoral resilience and dynamism, with standout performances in ICT (13.2% Q4 2020), Construction (28.8% Q4 2016), and Agriculture (14.7% Q2 2016). Despite...
As of January 20, 2025, Tanzania's total outstanding credit from the International Monetary Fund (IMF) stood at $1.01 billion. This figure, unchanged from December 31, 2024, reflects the country's measured...
Tanzania’s implied PPP conversion rate has steadily risen from 9.803 in 1980 to a projected 888.053 in 2029, reflecting changes in currency value and purchasing power over the decades. Compared...
In 2024, Tanzania achieved remarkable progress in transforming its investment landscape, attracting over TZS 40 trillion through Public-Private Partnerships (PPPs) and increasing business registrations by 25% compared to the previous...
Stability at 41.7% of GDP and a Projected Decline to 40.8% Tanzania's general government gross debt stands at a moderate 41.7% of GDP (2023), showcasing a prudent approach to borrowing...
A Sign of Economic Stability In November 2024, the Tanzania shilling exhibited notable appreciation, trading at an average of TZS 2,659.03 per USD, up by 2.3% from October's TZS 2,719.91....
A Strategic Approach to Fiscal Stability Tanzania’s domestic debt, totaling TZS 33.6 trillion in November 2024, reflects a strategic focus on long-term financing through Treasury Bonds, which account for 78.2%...
