Current Account Balance: Tanzania
Tanzania's current account balance is currently -2.7 % of GDP as of 2026. # Tanzania Current Account Balance Tanzania's current account balance stood at -2.
Current (2026)
-2.7 % of GDP
-3.8% y/y
Peak (2003)
-1.1 % of GDP
Low (1993)
-17.3 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Tanzania
1980 — 2026
Current Account Balance — Tanzania
Analysis# Tanzania Current Account Balance
Tanzania's current account balance stood at -2.7% of GDP in 2026, reflecting a modest deficit in its external finances. The country has improved substantially since 1980, when deficits were far more severe, representing a 43.7% improvement over the 46-year period. While the 2026 figure remains below the all-time peak of -1.1% in 2003, it sits well above the catastrophic -17.3% low recorded in 1993, demonstrating Tanzania's long-term stabilization in external accounts.
Recent volatility marks the most significant pattern in Tanzania's current account trajectory. A sharp deterioration to -7.4% in 2022 disrupted years of relative stability, though rapid recovery followed through 2023-2024. The deficit is projected to hold steady near -2.7% through 2026, suggesting stabilization around a sustainable level after the 2022 shock.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | -2.8 % of GDP | +0.00% |
| 2029 | -2.8 % of GDP | +0.00% |
| 2028 | -2.8 % of GDP | +0.00% |
| 2027 | -2.8 % of GDP | -3.70% |
| 2026 | -2.7 % of GDP | -3.85% |
| 2025 | -2.6 % of GDP | +0.00% |
| 2024 | -2.6 % of GDP | +31.58% |
| 2023 | -3.8 % of GDP | +48.65% |
| 2022 | -7.4 % of GDP | -111.43% |
| 2021 | -3.5 % of GDP | -52.17% |
| 2020 | -2.3 % of GDP | +0.00% |
| 2019 | -2.3 % of GDP | +45.24% |
| 2018 | -4.2 % of GDP | -50.00% |
| 2017 | -2.8 % of GDP | +33.33% |
| 2016 | -4.2 % of GDP | +45.45% |
| 2015 | -7.7 % of GDP | +21.43% |
| 2014 | -9.8 % of GDP | +8.41% |
| 2013 | -10.7 % of GDP | +7.76% |
| 2012 | -11.6 % of GDP | -11.54% |
| 2011 | -10.4 % of GDP | -40.54% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | -7.4 % of GDP | +0.00% |
| 2009 | -7.4 % of GDP | +3.90% |
| 2008 | -7.7 % of GDP | +8.33% |
| 2007 | -8.4 % of GDP | -18.31% |
| 2006 | -7.1 % of GDP | -33.96% |
| 2005 | -5.3 % of GDP | -65.62% |
| 2004 | -3.2 % of GDP | -190.91% |
| 2003 | -1.1 % of GDP | +15.38% |
| 2002 | -1.3 % of GDP | +48.00% |
| 2001 | -2.5 % of GDP | +21.88% |
| 2000 | -3.2 % of GDP | +51.52% |
| 1999 | -6.6 % of GDP | -8.20% |
| 1998 | -6.1 % of GDP | -29.79% |
| 1997 | -4.7 % of GDP | +9.62% |
| 1996 | -5.2 % of GDP | +43.48% |
| 1995 | -9.2 % of GDP | +20.69% |
| 1994 | -11.6 % of GDP | +32.95% |
| 1993 | -17.3 % of GDP | -35.16% |
| 1992 | -12.8 % of GDP | -4.07% |
| 1991 | -12.3 % of GDP | -13.89% |
| 1990 | -10.8 % of GDP | -107.69% |
| 1989 | -5.2 % of GDP | -8.33% |
| 1988 | -4.8 % of GDP | +7.69% |
| 1987 | -5.2 % of GDP | -160.00% |
| 1986 | -2 % of GDP | +33.33% |
| 1985 | -3 % of GDP | -15.38% |
| 1984 | -2.6 % of GDP | -30.00% |
| 1983 | -2 % of GDP | +42.86% |
| 1982 | -3.5 % of GDP | -12.90% |
| 1981 | -3.1 % of GDP | +35.42% |
| 1980 | -4.8 % of GDP | — |
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