Debt service as a share of exports of good and services in Tanzania, United Republic of
Tanzania, United Republic of: Debt service as a share of exports of good and services was 13.4% in 2023. ◆ Volatile
Latest (2023)
13.4%
Change on year
up 4.2%
World rank
24th
of 116 countries
All-time high
19.2%
in 2021
All-time low
0.6%
in 2008
Years of data
24
2000–2023
Debt service as a share of exports of good and services in Tanzania, United Republic of, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, debt service as a share of exports of good and services in Tanzania, United Republic of stood at 13.4%.
That represents a change of up 4.2% on the previous year and up 428.9% over ten years.
Over the whole period, debt service as a share of exports of good and services in Tanzania, United Republic of peaked at 19.2% in 2021 and was at its lowest, 0.6%, in 2008.
Tanzania, United Republic of ranks 24th of 116 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a share of exports of good and services in Tanzania, United Republic of, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 11.2% | — |
| 2001 | 7.5% | -33.5% |
| 2002 | 5.0% | -32.5% |
| 2003 | 3.7% | -26.8% |
| 2004 | 4.2% | +14.6% |
| 2005 | 3.9% | -7.3% |
| 2006 | 2.1% | -46.4% |
| 2007 | 1.0% | -50.5% |
| 2008 | 0.6% | -40.4% |
| 2009 | 1.1% | +69.4% |
| 2010 | 1.3% | +26.7% |
| 2011 | 1.1% | -21.1% |
| 2012 | 1.1% | +0.0% |
| 2013 | 2.5% | +141.0% |
| 2014 | 2.5% | -0.4% |
| 2015 | 4.9% | +94.8% |
| 2016 | 8.1% | +64.6% |
| 2017 | 9.3% | +15.0% |
| 2018 | 11.9% | +28.0% |
| 2019 | 12.2% | +2.6% |
| 2020 | 14.3% | +17.1% |
| 2021 | 19.2% | +34.6% |
| 2022 | 12.8% | -33.2% |
| 2023 | 13.4% | +4.2% |
Tanzania, United Republic of compared with similar countries
- Tanzania, United Republic of's 13.4% is above the median for lower middle income countries, which is 7.1%, 1.9× the median. (43 countries reporting)
- Tanzania, United Republic of's 13.4% is above the median for Sub-Saharan Africa, which is 9.1%, 1.5× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.0% | 0.6% | 11.2% | 10 |
| 2010s | 5.5% | 1.1% | 12.2% | 10 |
| 2020s | 14.9% | 12.8% | 19.2% | 4 |
Countries ranked near Tanzania, United Republic of
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.26 million BoP, current US$ (2003)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2003)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0609 BoP, current US$ per person (2003)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.72 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 4.16 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0217 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 25.05 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -14.24 % change on previous year (2018)
Frequently asked questions
- What is debt service as a share of exports of good and services in Tanzania, United Republic of?
- Debt service as a share of exports of good and services in Tanzania, United Republic of was 13.4% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Tanzania, United Republic of?
- The highest recorded value was 19.2% in 2021.
- What is the lowest debt service as a share of exports of good and services recorded in Tanzania, United Republic of?
- The lowest recorded value was 0.6% in 2008.
- How does Tanzania, United Republic of rank for debt service as a share of exports of good and services?
- Tanzania, United Republic of ranks 24th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Tanzania, United Republic of?
- Over the last ten years it is up 428.9%. The long-run trend across the full record is volatile.
- Where does this Tanzania, United Republic of data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Debt service as a proportion of exports of goods, services and primary income (%).