In March 2025, Tanzania’s external sector recorded a significant improvement, with the current account deficit narrowing to USD 2.02 billion, down from USD 2.93 billion in March 2024, marking a...
Tanzania’s food inflation rose to 5.4% in March 2025, a slight increase from 5.0% in February, but still remains below the country’s long-term average of 7.7% recorded between 2010 and...
Between 2010 and 2019, Tanzania recorded an impressive average real GDP growth rate of 6.3%, positioning it among Africa’s top five fastest-growing economies—surpassing regional peers such as Kenya (5.9%), Uganda...
Tanzania has made significant progress in reducing inflation over the past decade. From an average annual Consumer Price Index (CPI) growth rate of 7.1% during 2010–2019, the country is projected...
As Tanzania continues its journey toward economic self-reliance, the performance of the Tanzania Revenue Authority (TRA) has taken center stage in the country’s budget operations. With consistent improvements in tax...
In 2024, global debt surged to an alarming USD 250 trillion, equal to 237% of global GDP, as reported by the IMF’s 2024 Global Debt Monitor. Of this, USD 98...
In February 2025, the Tanzania shilling remained broadly stable against the US dollar, with only a slight depreciation from TZS 2,560/USD in January to TZS 2,566/USD, marking a modest 0.23%...
As of February 2025, Tanzania’s total public debt reached TZS 109.92 trillion (approximately USD 42.68 billion), with external debt accounting for 73.4% (TZS 80.73 trillion) and domestic debt 26.6% (TZS...
In January 2025, Tanzania's central government recorded total revenue of TZS 2,697.8 billion, achieving 98.3% of the monthly target. Tax revenue reached TZS 2,222.3 billion, slightly exceeding the target by...
In the first nine months of the 2024/25 fiscal year, the Tanzania Revenue Authority (TRA) collected TZS 24.05 trillion, surpassing its target of TZS 23.21 trillion by TZS 0.84 trillion...