Tanzania: Foreign exchange reserves
* indicates monthly or quarterly data series
The most recent value is 5.45 billion U.S. Dollar as of Q2 2023, an increase compared to the previous value of 5.01 billion U.S. Dollar. Historically, the average for Tanzania from Q4 2014 to Q2 2023 is 4.99 billion U.S. Dollar. The minimum of 3.87 billion U.S. Dollar was recorded in Q2 2016, while the maximum of 6.78 billion U.S. Dollar was reached in Q3 2021.
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* indicates monthly or quarterly data series
- Measure: billion U.S. Dollar
- Source: Bank of Tanzania
| Recent values | Tanzania: Foreign exchange reserves, billion currency units |
|---|---|
| 2023 Q2 | 5.45 |
| 2023 Q1 | 5.01 |
| 2022 Q4 | 5.18 |
| 2022 Q3 | 4.96 |
| 2022 Q2 | 5.11 |
| 2022 Q1 | 5.58 |
| 2021 Q4 | 6.39 |
| 2021 Q3 | 6.78 |
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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 117.29 | 2021 | percent |
| Trade openness | 38.21 | 2023 | percent |
| Financial openness | -1.242 | 2021 | index points |
| Exports, percent of GDP | 17.20 | 2023 | percent |
| Exports, billion dollars | 13.60 | 2023 | billion U.S. dollars |
| Growth of exports | 17.40 | 2023 | percent |
| Imports, percent of GDP | 19.97 | 2023 | percent |
| Imports, billion dollars | 16.62 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 1.69 | 2023 | percent |
| Foreign Direct Investment, billion dollars | 1.63 | 2023 | billion U.S. dollars |
| Portfolio investment inflows, equities | 5.50 | 2023 | million dollars (current) |
| Current account, percent of GDP | -7.30 | 2022 | percent |
| Current account, in dollars | -2.96 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | -2.16 | 2023 | 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 | 331.59 | 2023 | million U.S. dollars |
| Net errors and omissions | -920.29 | 2023 | million USD |
| External debt | 40.53 | 2022 | percent |
| Short-term external debt | 12.65 | 2023 | percent |
| Short-term debt to reserves | 51.14 | 2018 | percent |
| Foreign exchange reserves | 5.45 | Q2/2023 | billion |