Current Account in Tanzania
Tanzania - Current Account (billions of U.S. Dollars)The economy seemed to remain resilient in Q1, following a strong 2018. In the first three months of the year, credit growth was robust. Moreover, in the year ending March, exports increased, albeit slightly, on the back of rising foreign sales of gold and higher travel and transport receipts. The current account deficit widened, however, as imports outstripped exports due to the government’s infrastructure push. Meanwhile, in mid-April, the government blocked the IMF from publishing its Article IV Consultation report. According to press sources, the report criticized the government for undermining the investment climate, via unpredictable economic policies, and it also questioned the reliability of official statistics.
Tanzania - Current Account (USD bn) Data
|Current Account Balance (USD bn)||-5.0||-4.8||-3.7||-2.2||-|
5 years of economic forecasts for more than 30 economic indicators.
Tanzania Current Account (USD bn) Chart
|Exchange Rate||2,300||0.0 %||May 13|
|Stock Market||0.1||0.0 %||May 13|
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