Broad money (current LCU), annual growth rate in Tanzania
Tanzania: Broad money (current LCU), annual growth rate was 14.06 % change on previous year in 2023. ▼ Falling
Broad money (current LCU), annual growth rate in Tanzania, 1967–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, broad money (current lcu), annual growth rate in Tanzania stood at 14.06 % change on previous year.
Compared with earlier readings it is up 20.8% on the previous year and up 41.0% over ten years.
Over the whole period, broad money (current lcu), annual growth rate in Tanzania peaked at 46.94 % change on previous year in 1979 and was at its lowest, 3.45 % change on previous year, in 2016.
That places Tanzania 45th out of 166 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 57 years of available data.
Broad money (current LCU), annual growth rate in Tanzania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1967 | 13.74 % change on previous year | — |
| 1968 | 17.26 % change on previous year | +25.6% |
| 1969 | 9.16 % change on previous year | -47.0% |
| 1970 | 12.02 % change on previous year | +31.3% |
| 1971 | 18.24 % change on previous year | +51.7% |
| 1972 | 17.73 % change on previous year | -2.8% |
| 1973 | 18.23 % change on previous year | +2.8% |
| 1974 | 22.15 % change on previous year | +21.5% |
| 1975 | 24.44 % change on previous year | +10.4% |
| 1976 | 25.1 % change on previous year | +2.7% |
| 1977 | 20.16 % change on previous year | -19.7% |
| 1978 | 12.57 % change on previous year | -37.6% |
| 1979 | 46.94 % change on previous year | +273.3% |
| 1980 | 26.89 % change on previous year | -42.7% |
| 1981 | 18.09 % change on previous year | -32.7% |
| 1982 | 19.52 % change on previous year | +7.9% |
| 1983 | 17.79 % change on previous year | -8.9% |
| 1984 | 3.68 % change on previous year | -79.3% |
| 1985 | 30.43 % change on previous year | +726.8% |
| 1986 | 27.72 % change on previous year | -8.9% |
| 1987 | 32.06 % change on previous year | +15.7% |
| 1988 | 32.83 % change on previous year | +2.4% |
| 1989 | 32.05 % change on previous year | -2.4% |
| 1990 | 41.86 % change on previous year | +30.6% |
| 1991 | 30.08 % change on previous year | -28.1% |
| 1992 | 40.59 % change on previous year | +34.9% |
| 1993 | 39.22 % change on previous year | -3.4% |
| 1994 | 35.35 % change on previous year | -9.9% |
| 1995 | 33.01 % change on previous year | -6.6% |
| 1996 | 8.4 % change on previous year | -74.5% |
| 1997 | 12.85 % change on previous year | +52.9% |
| 1998 | 10.78 % change on previous year | -16.1% |
| 1999 | 18.55 % change on previous year | +72.2% |
| 2000 | 14.8 % change on previous year | -20.2% |
| 2001 | 34.23 % change on previous year | +131.3% |
| 2002 | 25.56 % change on previous year | -25.3% |
| 2003 | 17.97 % change on previous year | -29.7% |
| 2004 | 13.49 % change on previous year | -24.9% |
| 2005 | 34.78 % change on previous year | +157.8% |
| 2006 | 21.5 % change on previous year | -38.2% |
| 2007 | 20.51 % change on previous year | -4.6% |
| 2008 | 19.85 % change on previous year | -3.2% |
| 2009 | 17.72 % change on previous year | -10.7% |
| 2010 | 25.43 % change on previous year | +43.5% |
| 2011 | 18.24 % change on previous year | -28.3% |
| 2012 | 12.49 % change on previous year | -31.5% |
| 2013 | 9.97 % change on previous year | -20.2% |
| 2014 | 15.57 % change on previous year | +56.2% |
| 2015 | 18.81 % change on previous year | +20.8% |
| 2016 | 3.45 % change on previous year | -81.7% |
| 2017 | 8.03 % change on previous year | +132.8% |
| 2018 | 4.49 % change on previous year | -44.1% |
| 2019 | 9.64 % change on previous year | +114.8% |
| 2020 | 5.68 % change on previous year | -41.1% |
| 2021 | 15.5 % change on previous year | +173.0% |
| 2022 | 11.64 % change on previous year | -24.9% |
| 2023 | 14.06 % change on previous year | +20.8% |
Tanzania compared with similar countries
- Tanzania's 14.06 % change on previous year is above the median for lower middle income countries, which is 11.42 % change on previous year, 1.2× the median. (46 countries reporting)
- Tanzania's 14.06 % change on previous year is above the median for Sub-Saharan Africa, which is 13.12 % change on previous year, 1.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Broad money (current LCU), annual growth rate in Tanzania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +726.8% | 3.68 % change on previous year | 30.43 % change on previous year |
| 1979 | +273.3% | 12.57 % change on previous year | 46.94 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.39 % change on previous year | 9.16 % change on previous year | 17.26 % change on previous year | 3 |
| 1970s | 21.76 % change on previous year | 12.02 % change on previous year | 46.94 % change on previous year | 10 |
| 1980s | 24.11 % change on previous year | 3.68 % change on previous year | 32.83 % change on previous year | 10 |
| 1990s | 27.07 % change on previous year | 8.4 % change on previous year | 41.86 % change on previous year | 10 |
| 2000s | 22.04 % change on previous year | 13.49 % change on previous year | 34.78 % change on previous year | 10 |
| 2010s | 12.61 % change on previous year | 3.45 % change on previous year | 25.43 % change on previous year | 10 |
| 2020s | 11.72 % change on previous year | 5.68 % change on previous year | 15.5 % change on previous year | 4 |
Countries ranked near Tanzania
- 42 Canada 14.92 % change on previous year compare
- 43 Panama 14.58 % change on previous year compare
- 44 Guatemala 14.49 % change on previous year compare
- 46 Madagascar 13.95 % change on previous year compare
- 47 Cameroon 13.94 % change on previous year compare
- 48 Yemen 13.73 % change on previous year compare
More financial sector data for Tanzania
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.8467 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is broad money (current lcu), annual growth rate in Tanzania?
- Broad money (current lcu), annual growth rate in Tanzania was 14.06 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest broad money (current lcu), annual growth rate recorded in Tanzania?
- The highest recorded value was 46.94 % change on previous year in 1979.
- What is the lowest broad money (current lcu), annual growth rate recorded in Tanzania?
- The lowest recorded value was 3.45 % change on previous year in 2016.
- How does Tanzania rank for broad money (current lcu), annual growth rate?
- Tanzania ranks 45th out of 166 countries with data for 2023.
- Is broad money (current lcu), annual growth rate rising or falling in Tanzania?
- Over the last ten years it is up 41.0%. The long-run trend across the full record is falling.
- Where does this Tanzania data come from?
- The figures come from Statizoid (derived), published as part of Broad money (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 57 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Broad money (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Broad money International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Broad money (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.