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Tanzania Current Account Value and percent from GDP

Tanzania Current Account Data

Indicator Data Period
Current Account to GDP -7.1 % 2022
Current Account -833 USD Million | -0.833 B USD 2Q/23


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Tanzania - Historical Data (%)

What is ratio of Tanzania Current Account to GDP?

  • The deficit of Current Account to GDP in Tanzania decreased to 7.1 % in 2022. The maximum surplus was -0.2 % and deficit was -13.4 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
-7.1 2022 23.06.2023
-3.4 2021 27.10.2022
-1.5 2020 18.01.2022
-2.1 2019 06.12.2020
-3.7 2018 04.11.2019
-1.8 2017 19.06.2018
-8.8 2016 11.08.2017
-8.8 2015 31.12.2015


Historical Chart by presidents (%)

Current Account to GDP in Tanzania by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
John Magufuli 05.11.2015 - -8.8000 -8.8000 -8.8000 -8.8000 0.00%
Jakaya Kikwete 21.12.2005 - 05.11.2015 -6.1000 -9.5000 -6.1000 -12.3000 55.74%
Benjamin Mkapa 23.11.1995 - 21.12.2005 -12.1000 -2.5000 -0.2000 -12.1000 -79.34%
Ali Hassan Mwinyi 05.11.1985 - 23.11.1995 -5.1000 -13.4000 -1.4000 -13.4000 162.75%


Latest data on Current Account (USD Million)

Current Account
                     Tanzania - Historical Data (USD Million)

What is Tanzania Current Account Deficit?

  • The deficit of Current Account in Tanzania increased to 833 USD Million (0.833 B USD) in the second quarter of 2023. The maximum value was 63.5 USD Million and minimum was -1726 USD Million.
  • Data published Quarterly by Central Bank.

Historical Data (USD Million) by years

Data
Period
Date
-833 2Q/23 18.09.2023
-986 1Q/23 18.05.2023
1448 4Q/22 18.02.2023
-1707 3Q/22 10.12.2022
-1390 2Q/22 27.08.2022
-1316 1Q/22 14.05.2022
-769 4Q/21 19.02.2022
-341 3Q/21 18.01.2022


Historical Chart by presidents (USD Million)

Current Account in Tanzania by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
John Magufuli 05.11.2015 - 13.1000 -183.0000 59.9000 -300.2000 -1496.95%
Jakaya Kikwete 21.12.2005 - 05.11.2015 -117.7000 -261.1000 284.4000 -780.2000 121.84%

Other trade indicators in Tanzania

Index Updated Actual Previous
Balance of Trade 2Q/23 -1.483 B USD -1.579
Capital Flows 1Q/23 0.664 B USD 2.069
Exports 2Q/23 1.74 B USD 1.648
Imports 2Q/23 3.223 B USD 3.227
Terms of Trade  1Q/23 104 in. pt. 103

Current Account to GDP in other countries

Country Updated Actual Previous
Egypt 2022 -3.7 % -4.6
Kenya 2022 -5.1 % -5.4
Madagascar 2021 -5.8 % -5.2
Zimbabwe 20 1 % 2.9
Tanzania 2022 -7.1 % -3.4
Togo 2022 -3.7 % -0.9
Tunisia 2022 -8.6 % -6
Nigeria 2022 -0.3 % -0.5
Sudan 2022 -3.4 % -10
Morocco 2022 -3.5 % -2.3
Senegal 2022 -17.5 % -10.4
Seychelles 2022 -8 % -12
South Africa 2022 -0.5 % 3.7
Uganda 2022 -8.6 % -9.5
Rwanda 2022 -11.6 % -10.9
Liberia 2022 -15.8 % -17
Zambia 2022 3.9 % 11.9
Mozambique 2022 -39.1 % -23.6
Namibia 2022 -12.3 % -9.9
Ghana 2022 -2.1 % -3.2
Swaziland 2021 6 % 1.2
Libya 2022 23.3 % 13.3
Algeria 2022 9.5 % -2.8
Angola 2022 11.4 % 11.2
Benin 2022 -5.7 % -4.5
Botswana 2022 2.2 % -0.5
Burkina Faso 2022 -5.2 % 5.2
Burundi 2022 -13.4 % -11
Central African Republic 2022 -13.8 % -10.8
Chad 2022 0.5 % -3.9
Comoros 2022 -0.5 % -0.3
Republic of the Congo 2022 19.2 % 11.9
Djibouti 2022 -5 % -0.7
Equatorial Guinea 2022 3.9 % -4
Eritrea 2022 12.2 % 13.5
Ethiopia 2022 -4.3 % -3.2
Gabon 2022 1.2 % -5.3
Gambia 2021 -5.3 % -5.1
Guatemala 2022 1.8 % 2.5
Guinea 2021 28.83 % 18.94
Guinea Bissau 2021 -1.1 % -3.7
Lesotho 2021 -3.8 % -1.8
Malawi 2022 -2.8 % -14.4
Mali 2022 -7.2 % -7.7
Mauritania 2022 -14.3 % -7.8
Niger 2022 -15.1 % -13.9
Sao Tome and Principe 2015 -24.7 % -31.7
Sierra Leone 2022 -10.3 % -13.9