Broad Money (As % of GDP) rose 5.65% to 0.234% in Tanzania in 2023

Broad Money (As % of GDP) (%), 2023
Economy | Tanzania | September 1, 2025
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Broad money as a share of GDP rose 5.65% to 0.234% in Tanzania in 2023, according to the National Statistical Office.

Historically, broad money as a share of GDP in Tanzania reached an all time high of 0.246% in 2010 and an all time low of 0.044% in 1966. When compared to Tanzania's main peers, broad money as a share of GDP in Kenya amounted to 0.400%, 0.500% in Mozambique, 0.217% in Uganda and 0.299% in Zambia in 2023.

Tanzania has been ranked 100th within the group of 107 countries we follow in terms of broad money as a share of GDP, 30 places above the position seen 10 years ago.

Broad Money (As % of GDP) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Angola % 0.306% 0.337% 0.401% 0.259% 0.218%
Dem. Republic of the Congo % 0.124% ... ... ... ... ... ...
Ethiopia % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Kenya % 0.394% 0.381% 0.412% 0.390% 0.374% ...
Malawi % 0.166% 0.160% 0.175% 0.201% 0.236% ...
Mozambique % 0.461% 0.488% 0.590% 0.562% 0.536% ...
Rwanda % 0.217% 0.214% 0.251% 0.261% 0.256%
Somalia % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
South Africa % 0.661% 0.669% 0.740% 0.700% 0.711%
South Sudan % ... ... ... ... ... ... ... 0.235% 0.187% 0.264% 0.342% 0.287% ...
Tanzania % 0.200% 0.203% 0.197% 0.213% 0.221% ...
Uganda % 0.194% 0.205% 0.227% 0.225% 0.220%
Zambia % 0.229% 0.236% 0.312% 0.243% 0.271% ...
Zimbabwe % ... ... 0.144% 0.165% 0.149% 0.149% 0.188% ...