Tanzania's GDP grew by 4.9 percent in 2021, up slightly from 4.8 percent in 2020. Monetary policy remained tight, stabilizing inflation at 3.3 percent in 2020 and 3.7 percent in 2021. The Tanzanian shilling remained stable in 2020-2021, depreciating by only 0.2 percent against the USD. The current account deficit widened from 1.5 percent of GDP in 2020 to 3.12 percent in 2021. Foreign exchange reserves increased to 6.6 months of import cover in 2021 from 5.6 months in 2020. (Download detailed Analysis Source : Report African Economic Outlook 2022 ; AfDB)
At the end of 2016, the banking sector of Tanzania represented a total asset of $7.9 billion.
Credit distributed to businesses represents $3.5 billion and, more broadly, credit to private sector totaling $6.7 billion.
Dar Es Salaam Stock Exchange accounted 26 listed companies, representing, at the end of 2017, a market capitalization of $9 billion.
Amounts invested by private equity represents $ 33 million.
