Tanzania: External debt
* indicates monthly or quarterly data series
| Tanzania |
External debt, percent of GDP |
|---|---|
| Latest value | 44.15 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1990 - 2023 |
| Average | 57.79 |
| Min - Max | 21.81 - 131.95 |
| Source | The World Bank |
The latest value from 2023 is 44.15 percent, an increase from 40.96 percent in 2022. In comparison, the world average is 114.96 percent, based on data from 167 countries. Historically, the average for Tanzania from 1990 to 2023 is 57.79 percent. The minimum value, 21.81 percent, was reached in 2006 while the maximum of 131.95 percent was recorded in 1994.
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Definition: The total debt of public and private borrowers held by non-residents as percent of GDP. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 105.70 | 2023 | percent |
| Trade openness | 41.51 | 2024 | percent |
| Financial openness | -1.248 | 2022 | index points |
| Exports, percent of GDP | 19.83 | 2024 | percent |
| Exports, billion dollars | 15.62 | 2024 | billion U.S. dollars |
| Growth of exports | 16.35 | 2024 | percent |
| Imports, percent of GDP | 21.68 | 2024 | percent |
| Imports, billion dollars | 17.08 | 2024 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 2.06 | 2023 | percent |
| Foreign Direct Investment, billion dollars | 1.72 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | 5.50 | 2023 | million dollars (current) |
| Current account, percent of GDP | -3.02 | 2024 | percent |
| Trade balance, percent of GDP | -1.85 | 2024 | percent |
| Trade balance, in dollars | -2.08 | 2023 | billion U.S. dollars |
| Reserves | 5.05 | 2018 | billion U.S. dollars |
| Remittances, percent of GDP | 0.42 | 2023 | percent |
| Remittances | 758.81 | 2023 | million U.S. dollars |
| Net errors and omissions | 15.34 | 2024 | million USD |
| External debt | 44.15 | 2023 | percent |
| Short-term external debt | 12.65 | 2023 | percent |
| Short-term debt to reserves | 51.14 | 2018 | percent |