Current account balance as a share of GDP in Tanzania, United Republic of
Tanzania, United Republic of: Current account balance as a share of GDP was -3.0% in 2024. ◆ Volatile
Current account balance as a share of GDP in Tanzania, United Republic of, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for current account balance as a share of gdp in Tanzania, United Republic of is -3.0%, measured in 2024.
Compared with earlier readings it is up 19.5% on the previous year and up 69.7% over ten years.
Over the whole period, current account balance as a share of gdp in Tanzania, United Republic of peaked at -0.3% in 2002 and was at its lowest, -12.6%, in 2011.
Tanzania, United Republic of ranks 123rd of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a share of GDP in Tanzania, United Republic of, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -3.2% | — |
| 2001 | -4.2% | +30.0% |
| 2002 | -0.3% | -92.3% |
| 2003 | -1.1% | +259.4% |
| 2004 | -2.9% | +152.2% |
| 2005 | -5.9% | +104.8% |
| 2006 | -5.9% | -0.3% |
| 2007 | -7.8% | +32.4% |
| 2008 | -9.2% | +17.6% |
| 2009 | -6.2% | -33.2% |
| 2010 | -6.9% | +12.2% |
| 2011 | -12.6% | +82.9% |
| 2012 | -9.5% | -24.9% |
| 2013 | -10.9% | +15.2% |
| 2014 | -10.0% | -8.7% |
| 2015 | -5.5% | -44.7% |
| 2016 | -2.5% | -55.6% |
| 2017 | -2.8% | +13.1% |
| 2018 | -4.0% | +46.2% |
| 2019 | -2.2% | -45.7% |
| 2020 | -2.2% | +0.5% |
| 2021 | -3.4% | +52.0% |
| 2022 | -7.2% | +115.5% |
| 2023 | -3.8% | -48.2% |
| 2024 | -3.0% | -19.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.7% | -9.2% | -0.3% | 10 |
| 2010s | -6.7% | -12.6% | -2.2% | 10 |
| 2020s | -3.9% | -7.2% | -2.2% | 5 |
Countries ranked near Tanzania, United Republic of
- 121 Iceland -2.6% compare
- 122 Kazakhstan -2.7% compare
- 124 Brazil -3.0% compare
- 125 Dominican Republic -3.4% compare
- 126 Venezuela, Bolivarian Republic of -3.4% compare
More economy & growth data for Tanzania, United Republic of
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.084 current US$ per US$ of GDP (2023)
- Manufacturing, value added (current US$), per capita 99.63 current US$ per person (2023)
- Manufacturing, value added (current LCU), per unit of GDP 200.14 current LCU per US$ of GDP (2023)
- Manufacturing, value added (current LCU), per capita 237,434 current LCU per person (2023)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.076 constant 2015 US$ per US$ of GDP (2023)
- Manufacturing, value added (constant 2015 US$), per capita 90.13 constant 2015 US$ per person (2023)
- Manufacturing, value added (constant LCU), per capita 179,360 constant LCU per person (2023)
- Industry (including construction), value added (current US$), annual 18.61 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Tanzania, United Republic of?
- Current account balance as a share of gdp in Tanzania, United Republic of was -3.0% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Tanzania, United Republic of?
- The highest recorded value was -0.3% in 2002.
- What is the lowest current account balance as a share of gdp recorded in Tanzania, United Republic of?
- The lowest recorded value was -12.6% in 2011.
- How does Tanzania, United Republic of rank for current account balance as a share of gdp?
- Tanzania, United Republic of ranks 123rd out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Tanzania, United Republic of?
- Over the last ten years it is up 69.7%. The long-run trend across the full record is volatile.
- Where does this Tanzania, United Republic of data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).