Tanzania recorded a Current Account deficit of 238.71 USD Million in the second quarter of 2020.

Current Account in Tanzania averaged -736.13 USD Million from 2012 until 2020, reaching an all time high of -49.90 USD Million in the fourth quarter of 2019 and a record low of -1486.97 USD Million in the first quarter of 2014. This page provides the latest reported value for - Tanzania Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Tanzania Current Account - values, historical data and charts - was last updated on October of 2020.

Current Account in Tanzania is expected to be -697.85 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Tanzania to stand at -512.09 in 12 months time. In the long-term, the Tanzania Current Account is projected to trend around -562.58 USD Million in 2021 and -588.28 USD Million in 2022, according to our econometric models.

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Tanzania Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-238.71 -159.50 -49.90 -1486.97 2012 - 2020 USD Million Quarterly

Tanzania Trade Last Previous Highest Lowest Unit
Balance of Trade -93.28 -641.10 -93.28 -1714.92 USD Million [+]
Current Account -238.71 -159.50 -49.90 -1486.97 USD Million [+]
Current Account to GDP -3.70 -3.30 -0.20 -13.40 percent [+]
Imports 2138.90 2127.10 3062.08 1775.30 USD Million [+]
Exports 1476.24 1444.60 1711.10 936.20 USD Million [+]
Terms Of Trade 102.40 101.80 119.40 100.00 points [+]
Terrorism Index 3.27 3.37 3.98 0.06 [+]
External Debt 23353.10 23193.10 23353.10 2469.70 USD Million [+]
Capital Flows 460.17 -391.90 1606.20 -1327.00 USD Million [+]


Tanzania Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).