Short-term debt in Tanzania
Tanzania: Short-term debt was 20.8% in 2024. ◆ Volatile
Short-term debt in Tanzania, 1976–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Tanzania recorded 20.8% for short-term debt in 2024.
The figure is down 35.1% on the previous year and down 4.3% over ten years.
Over the whole period, short-term debt in Tanzania peaked at 1,008.5% in 1985 and was at its lowest, 18.3%, in 2013.
That places Tanzania 36th out of 119 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Tanzania, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1976 | 84.4% | — |
| 1977 | 121.2% | +43.6% |
| 1978 | 199.3% | +64.5% |
| 1979 | 180.6% | -9.4% |
| 1980 | 232.4% | +28.7% |
| 1981 | 241.6% | +3.9% |
| 1982 | 430.8% | +78.3% |
| 1983 | 557.7% | +29.5% |
| 1984 | 614.6% | +10.2% |
| 1985 | 1,008.5% | +64.1% |
| 1986 | 89.9% | -91.1% |
| 1987 | 139.0% | +54.6% |
| 1988 | 121.5% | -12.6% |
| 1989 | 82.4% | -32.2% |
| 1990 | 95.5% | +15.9% |
| 1991 | 119.4% | +25.0% |
| 1992 | 100.5% | -15.8% |
| 1993 | 95.2% | -5.2% |
| 1994 | 91.4% | -4.1% |
| 1995 | 74.2% | -18.7% |
| 1996 | 72.5% | -2.3% |
| 1997 | 65.6% | -9.5% |
| 1998 | 74.8% | +13.9% |
| 1999 | 79.9% | +6.9% |
| 2000 | 60.2% | -24.8% |
| 2001 | 33.3% | -44.7% |
| 2002 | 36.2% | +8.8% |
| 2003 | 36.6% | +1.0% |
| 2004 | 41.9% | +14.5% |
| 2005 | 32.9% | -21.5% |
| 2006 | 28.4% | -13.6% |
| 2007 | 24.6% | -13.2% |
| 2008 | 23.6% | -4.2% |
| 2009 | 26.4% | +11.9% |
| 2010 | 21.3% | -19.4% |
| 2011 | 21.7% | +2.1% |
| 2012 | 23.6% | +8.7% |
| 2013 | 18.3% | -22.7% |
| 2014 | 21.7% | +18.9% |
| 2015 | 26.9% | +23.9% |
| 2016 | 30.7% | +14.1% |
| 2017 | 32.9% | +7.1% |
| 2018 | 33.4% | +1.7% |
| 2019 | 30.9% | -7.7% |
| 2020 | 39.7% | +28.7% |
| 2021 | 38.8% | -2.3% |
| 2022 | 36.7% | -5.4% |
| 2023 | 32.0% | -12.8% |
| 2024 | 20.8% | -35.1% |
Tanzania compared with similar countries
- Tanzania's 20.8% is above the median for lower middle income countries, which is 13.3%, 1.6× the median. (43 countries reporting)
- Tanzania's 20.8% is above the median for Sub-Saharan Africa, which is 9.1%, 2.3× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 146.4% | 84.4% | 199.3% | 4 |
| 1980s | 351.9% | 82.4% | 1,008.5% | 10 |
| 1990s | 86.9% | 65.6% | 119.4% | 10 |
| 2000s | 34.4% | 23.6% | 60.2% | 10 |
| 2010s | 26.1% | 18.3% | 33.4% | 10 |
| 2020s | 33.6% | 20.8% | 39.7% | 5 |
Countries ranked near Tanzania
More economy & growth data for Tanzania
- 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 short-term debt in Tanzania?
- Short-term debt in Tanzania was 20.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Tanzania?
- The highest recorded value was 1,008.5% in 1985.
- What is the lowest short-term debt recorded in Tanzania?
- The lowest recorded value was 18.3% in 2013.
- How does Tanzania rank for short-term debt?
- Tanzania ranks 36th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Tanzania?
- Over the last ten years it is down 4.3%. The long-run trend across the full record is volatile.
- Where does this Tanzania data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.