Broad Money (Domestic currency) in Tanzania
Tanzania: Broad Money (Domestic currency) was 44.00 trillion Domestic currency in 2023. ◆ Volatile
Latest (2023)
44.00 trillion Domestic currency
Change on year
up 14.1%
World rank
19th
of 144 countries
All-time high
44.00 trillion Domestic currency
in 2023
All-time low
1.88 trillion Domestic currency
in 2001
Years of data
23
2001–2023
Broad Money in Tanzania, 2001–2023
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Tanzania recorded 44.00 trillion Domestic currency for broad money in 2023. That is the highest value across all 23 years on record.
The figure is up 14.1% on the previous year and up 173.2% over ten years.
Over the whole period, broad money in Tanzania peaked at 44.00 trillion Domestic currency in 2023 and was at its lowest, 1.88 trillion Domestic currency, in 2001.
Tanzania ranks 19th of 144 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad Money (Domestic currency) in Tanzania, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2001 | 1.88 trillion Domestic currency | — |
| 2002 | 2.36 trillion Domestic currency | +25.6% |
| 2003 | 2.78 trillion Domestic currency | +18.0% |
| 2004 | 3.15 trillion Domestic currency | +13.5% |
| 2005 | 4.25 trillion Domestic currency | +34.8% |
| 2006 | 5.16 trillion Domestic currency | +21.5% |
| 2007 | 6.22 trillion Domestic currency | +20.5% |
| 2008 | 7.46 trillion Domestic currency | +19.8% |
| 2009 | 8.78 trillion Domestic currency | +17.7% |
| 2010 | 11.01 trillion Domestic currency | +25.4% |
| 2011 | 13.02 trillion Domestic currency | +18.2% |
| 2012 | 14.65 trillion Domestic currency | +12.5% |
| 2013 | 16.11 trillion Domestic currency | +10.0% |
| 2014 | 18.61 trillion Domestic currency | +15.6% |
| 2015 | 22.12 trillion Domestic currency | +18.8% |
| 2016 | 22.88 trillion Domestic currency | +3.4% |
| 2017 | 24.71 trillion Domestic currency | +8.0% |
| 2018 | 25.82 trillion Domestic currency | +4.5% |
| 2019 | 28.31 trillion Domestic currency | +9.6% |
| 2020 | 29.92 trillion Domestic currency | +5.7% |
| 2021 | 34.56 trillion Domestic currency | +15.5% |
| 2022 | 38.58 trillion Domestic currency | +11.6% |
| 2023 | 44.00 trillion Domestic currency | +14.1% |
Tanzania compared with similar countries
- Tanzania's 44.00 trillion Domestic currency is above the median for lower middle income countries, which is 762.36 billion Domestic currency, 57.7× the median. (41 countries reporting)
- Tanzania's 44.00 trillion Domestic currency is above the median for Sub-Saharan Africa, which is 1.84 trillion Domestic currency, 23.9× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.67 trillion Domestic currency | 1.88 trillion Domestic currency | 8.78 trillion Domestic currency | 9 |
| 2010s | 19.72 trillion Domestic currency | 11.01 trillion Domestic currency | 28.31 trillion Domestic currency | 10 |
| 2020s | 36.77 trillion Domestic currency | 29.92 trillion Domestic currency | 44.00 trillion Domestic currency | 4 |
Countries ranked near Tanzania
- 16 Uganda 50.81 trillion Domestic currency compare
- 17 Hungary 48.87 trillion Domestic currency compare
- 18 Pakistan 46.53 trillion Domestic currency compare
- 20 Mongolia 43.28 trillion Domestic currency compare
- 21 Democratic Republic of Congo 42.99 trillion Domestic currency compare
- 22 Algeria 28.39 trillion Domestic currency 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 in Tanzania?
- Broad money in Tanzania was 44.00 trillion Domestic currency in 2023, according to International Monetary Fund.
- What is the highest broad money recorded in Tanzania?
- The highest recorded value was 44.00 trillion Domestic currency in 2023.
- What is the lowest broad money recorded in Tanzania?
- The lowest recorded value was 1.88 trillion Domestic currency in 2001.
- How does Tanzania rank for broad money?
- Tanzania ranks 19th out of 144 countries with data for 2023.
- Is broad money rising or falling in Tanzania?
- Over the last ten years it is up 173.2%. The long-run trend across the full record is volatile.
- Where does this Tanzania data come from?
- The figures come from International Monetary Fund, published as part of Broad Money (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.