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% | ... |