Consumption in Tanzania

Tanzania Consumption | Economic News & Forecasts

Tanzania - Consumption

According to recent reports from the Central Bank, economic activity continued to expand solidly in the third quarter. Credit growth strengthened further in August, fueled by a jump in personal loans and a significant acceleration in credit extension to the manufacturing sector. However, the current account deficit widened sizably in annual terms in the year ending August. While exports remained broadly stable, imports expanded significantly, boosted by surging purchases of capital goods from abroad due to soaring infrastructure spending. The expansion of development expenditures was reflected in fiscal data, which shows that total government spending jumped by over 30% in June in annual terms.

Tanzania - Consumption Data

2013  2014  2015  2016  2017  
Consumption (annual variation in %)8.5  4.5  1.4  16.6  -     

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Tanzania Facts

Bond Yield14.960.0 %Nov 15
Exchange Rate2,3030.0 %Nov 15
Stock Market1.40.0 %Nov 06

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