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Channel: Economy of Tanzania in 2023 and 2024- March 2024 Update
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Tanzania Faces Challenges to Medium-Term Development, IMF Say

A team from the International Monetary Fund (IMF) visited Tanzania from 30th November to 12th December 2017, under the 7th review of the current Policy Support Instrument (PSI) program to help the...

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Tanzania Annual Inflation Further Decrease to 5% in August 2017

The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate decreased to 5% in August 2017 from 5.2% recorded in July 2017. NBS explains that the decrease is...

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Tanzania Business Environment Survey: Taxes Major Issue

A recent survey on the business environment of Tanzania indicates that investors are concerned with high taxation and inadequate infrastructure. TanzaniaInvest.com has conducted an anonymous survey on...

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Tanzania Economic Growth Remain Strong But Is Expected to Soften

The World Bank (WB) recently published its 16th edition of the Africa’s Pulse, a biannual analysis of African economies, confirming the robust growth of Tanzania.  However, the GDP growth of Tanzania...

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Taxes, Financing, Infrastructure Major Challenges to Tanzania Competitiveness

The World Economic Forum (WEF) has published its Global Competitiveness Index 2017–2018, covering 137 economies. The report measures national competitiveness, defined as the set of institutions,...

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Tanzania Annual Inflation Increase to 5.3% in September 2017

The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate increased to 5.3% in September 2017 from 5.0% recorded in August 2017. NBS explains that the...

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Tanzania Annual Inflation Decrease to 5.1% in October 2017

The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for the month of October 2017 has decreased to 5.1% from 5.3% recorded in September 2017. NBS...

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Tanzania Annual Inflation Decrease to 4.4% in November 2017

The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for the month of November 2017 has decreased to 4.4% from 5.1% recorded in October 2017. The...

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Tanzania Exports Down -17% in Year Ending September 2017, Tourism Up +8%

The Bank of Tanzania (BOT) Monthly Economic Review of October 2017 indicates that the annual export value of Tanzanian goods and services amounted to USD 175.6 million in the year ending September...

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Tanzania Faces Challenges to Medium-Term Development, IMF Say

A team from the International Monetary Fund (IMF) visited Tanzania from 30th November to 12th December 2017, under the 7th review of the current Policy Support Instrument (PSI) program to help the...

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Tanzania GDP Growth Slowed to 6.8% in First Half of 2017, Mining Expanded by...

According to the Budget Execution Report for Q1 2017/18 (July – September 2017) by the Tanzanian Ministry of Finance, the country’s GDP in the first half of 2017 (January to June) grew by 6.8% compared...

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Tanzania Annual Inflation Drop to 4% in December 2017

The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for December 2017 decreased to 4% from 4.4% recorded in November 2017. The overall index went up to...

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Tanzania Economy Subject to Emerging Risks, IMF Say

The Executive Board of the International Monetary Fund completed the seventh and last review of Tanzania’s economic performance on January 10, 2018, indicating that recent economic performance has been...

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Tanzania Exports Down -3.8% in Year Ending November 2017, Tourism and Fish Up

The Bank of Tanzania (BOT) Monthly Economic Review of December 2017 indicates that earnings from export of goods and services in November 2017 decreased by -3.8% to USD 209.1 million from USD 217.4...

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Tanzania GDP Grew 6.8% in Q3 2017

The National Bureau of Statistics of Tanzania (NBS) recently released its Highlights for The Third Quarter (July – September) Gross Domestic Product (GDP) of 2017, indicating that the economy expanded...

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Tanzania Annual Inflation Remain at 4% in January 2018

The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for January 2018 has stagnated at 4.0% as it was recorded in December 2017. The overall index went...

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Tanzania Exports Up +7.7% in 2017

The Bank of Tanzania (BOT) Monthly Economic Review of January 2018 indicates that the country’s earnings from export of goods and services in 2017 increased by 7.7% to USD 223.0 million in 2017 from...

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Tanzania Annual Inflation Slightly Increase to 4.1% in February 2018

The National Bureau of Statistics of Tanzania (NBS) indicates that Annual Headline Inflation Rate for the month of February 2018 has slightly increased to 4.1% from 4.0% recorded in January 2018. The...

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Moody’s Assign Tanzania B1 High Credit Risk Rating

Moody’s Investors Service (Moody’s) has assigned in early March 2018 a first-time local- and foreign-currency issuer rating of B1 to the Government of Tanzania. The B1 rating indicates high credit...

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Tanzania Exports Up +26.9% in Year End January 2018

The Bank of Tanzania (BOT) Monthly Economic Review of February 2017 indicates that earnings from export of goods and services increased by 26.9% to USD 225.9 million in the year ending January 2018....

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