Broad money growth (annual %) in Tanzania
Tanzania: Broad money growth (annual %) was 14.1% in 2023. ▼ Falling
Broad money growth in Tanzania, 1967–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2023, broad money growth in Tanzania stood at 14.1%.
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 growth in Tanzania peaked at 46.9% in 1979 and was at its lowest, 3.4%, in 2016.
Tanzania ranks 46th of 167 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 57 years of available data.
Broad money growth (annual %) in Tanzania, year by year
| Year | annual % | Change |
|---|---|---|
| 1967 | 13.7% | — |
| 1968 | 17.3% | +25.6% |
| 1969 | 9.2% | -47.0% |
| 1970 | 12.0% | +31.3% |
| 1971 | 18.2% | +51.7% |
| 1972 | 17.7% | -2.8% |
| 1973 | 18.2% | +2.8% |
| 1974 | 22.1% | +21.5% |
| 1975 | 24.4% | +10.4% |
| 1976 | 25.1% | +2.7% |
| 1977 | 20.2% | -19.7% |
| 1978 | 12.6% | -37.6% |
| 1979 | 46.9% | +273.3% |
| 1980 | 26.9% | -42.7% |
| 1981 | 18.1% | -32.7% |
| 1982 | 19.5% | +7.9% |
| 1983 | 17.8% | -8.9% |
| 1984 | 3.7% | -79.3% |
| 1985 | 30.4% | +726.8% |
| 1986 | 27.7% | -8.9% |
| 1987 | 32.1% | +15.7% |
| 1988 | 32.8% | +2.4% |
| 1989 | 32.1% | -2.4% |
| 1990 | 41.9% | +30.6% |
| 1991 | 30.1% | -28.2% |
| 1992 | 40.6% | +34.9% |
| 1993 | 39.2% | -3.4% |
| 1994 | 35.3% | -9.9% |
| 1995 | 33.0% | -6.6% |
| 1996 | 8.4% | -74.5% |
| 1997 | 12.9% | +52.9% |
| 1998 | 10.8% | -16.1% |
| 1999 | 18.6% | +72.2% |
| 2000 | 14.8% | -20.2% |
| 2001 | 34.2% | +131.3% |
| 2002 | 25.6% | -25.3% |
| 2003 | 18.0% | -29.7% |
| 2004 | 13.5% | -24.9% |
| 2005 | 34.8% | +157.8% |
| 2006 | 21.5% | -38.2% |
| 2007 | 20.5% | -4.6% |
| 2008 | 19.8% | -3.2% |
| 2009 | 17.7% | -10.7% |
| 2010 | 25.4% | +43.5% |
| 2011 | 18.2% | -28.3% |
| 2012 | 12.5% | -31.5% |
| 2013 | 10.0% | -20.2% |
| 2014 | 15.6% | +56.2% |
| 2015 | 18.8% | +20.8% |
| 2016 | 3.4% | -81.7% |
| 2017 | 8.0% | +132.8% |
| 2018 | 4.5% | -44.1% |
| 2019 | 9.6% | +114.8% |
| 2020 | 5.7% | -41.1% |
| 2021 | 15.5% | +173.0% |
| 2022 | 11.6% | -24.9% |
| 2023 | 14.1% | +20.8% |
Tanzania compared with similar countries
- Tanzania's 14.1% is above the median for lower middle income countries, which is 12.4%, 1.1× the median. (46 countries reporting)
- Tanzania's 14.1% is above the median for Sub-Saharan Africa, which is 12.5%, 1.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Broad money growth (annual %) 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% | 3.7% | 30.4% |
| 1979 | +273.3% | 12.6% | 46.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.4% | 9.2% | 17.3% | 3 |
| 1970s | 21.8% | 12.0% | 46.9% | 10 |
| 1980s | 24.1% | 3.7% | 32.8% | 10 |
| 1990s | 27.1% | 8.4% | 41.9% | 10 |
| 2000s | 22.0% | 13.5% | 34.8% | 10 |
| 2010s | 12.6% | 3.4% | 25.4% | 10 |
| 2020s | 11.7% | 5.7% | 15.5% | 4 |
Countries ranked near Tanzania
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 growth in Tanzania?
- Broad money growth in Tanzania was 14.1% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Tanzania?
- The highest recorded value was 46.9% in 1979.
- What is the lowest broad money growth recorded in Tanzania?
- The lowest recorded value was 3.4% in 2016.
- How does Tanzania rank for broad money growth?
- Tanzania ranks 46th out of 167 countries with data for 2023.
- Is broad money growth 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 International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
Download this data
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.