Tanzania recorded a Current Account deficit of 2.50 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Tanzania averaged -6.10 percent of GDP from 1980 until 2024, reaching an all time high of -0.20 percent of GDP in 2003 and a record low of -13.40 percent of GDP in 1994. source: Bank of Tanzania

Current Account to GDP in Tanzania is expected to reach -3.70 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tanzania Current Account to GDP is projected to trend around -3.30 percent of GDP in 2026, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade -1214.40 -1086.35 USD Million Mar 2025
Capital Flows -32.12 488.66 USD Million Dec 2024
Current Account -757.60 -151.68 USD Million Mar 2025
Current Account to GDP -2.50 -3.70 percent of GDP Dec 2024
Exports 2143.70 2912.12 USD Million Mar 2025
External Debt 32955.50 35603.30 USD Million Jun 2025
Imports 3358.20 3998.48 USD Million Mar 2025



Tanzania Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-2.50 -3.70 -0.20 -13.40 1980 - 2024 percent of GDP Yearly