Current account balance (% of GNP) in Tanzania
Tanzania: Current account balance (% of GNP) was -16.7% in 2011. ▼ Falling
Current account balance in Tanzania, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in % of GNP.
Analysis
In 2011, current account balance in Tanzania stood at -16.7%. That is the lowest value across all 7 years on record.
Compared with earlier readings it is down 96.7% on the previous year and down 111.9% over ten years.
That places Tanzania 33rd out of 41 countries with data for 2011, putting it in the bottom quarter.
Current account balance (% of GNP) in Tanzania, year by year
| Year | % of GNP | Change |
|---|---|---|
| 2005 | -7.9% | — |
| 2006 | -7.8% | -1.4% |
| 2007 | -10.3% | +32.1% |
| 2008 | -12.6% | +22.0% |
| 2009 | -8.5% | -32.1% |
| 2010 | -8.5% | -0.1% |
| 2011 | -16.7% | +96.7% |
Tanzania compared with similar countries
- Tanzania's -16.7% is below the median for lower middle income countries, which is -7.0%, 2.4× the median. (20 countries reporting)
- Tanzania's -16.7% is below the median for Sub-Saharan Africa, which is -9.2%, 1.8× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -9.4% | -12.6% | -7.8% | 5 |
| 2010s | -12.6% | -16.7% | -8.5% | 2 |
Countries ranked near Tanzania
More trade data for Tanzania
- Commodity Net Export Price Index, Individual Commodities Weighted by 136.01 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.46 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.46 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 119.46 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.05 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 67.57 (2025)
- Imports of low carbon technology products, Percent of GDP 0.6559 (2024)
- Imports of low carbon technology products, US dollar (World), per 7.58 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0066 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 14.45 million (2024)
Frequently asked questions
- What is current account balance in Tanzania?
- Current account balance in Tanzania was -16.7% in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest current account balance recorded in Tanzania?
- The highest recorded value was -7.8% in 2006.
- What is the lowest current account balance recorded in Tanzania?
- The lowest recorded value was -16.7% in 2011.
- How does Tanzania rank for current account balance?
- Tanzania ranks 33rd out of 41 countries with data for 2011.
- Is current account balance rising or falling in Tanzania?
- Over the last ten years it is down 111.9%. The long-run trend across the full record is falling.
- Where does this Tanzania data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Current account balance (% of GNP). Statizoid updates them automatically from the source API.
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About this data
Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars. Data are divided by GNP at market prices in U.S. dollars to facilitate comparison across economies.