Tanzania: Broad money (current LCU)

Key figures

What the numbers say

In 2023, Tanzania's broad money (current LCU) rose 14.1% on 2022 (from 38.58 trillion to 44 trillion).

Across the 30 yearly changes before that (1993 to 2022), the average change was +17.9% and a typical year strayed about 9.7% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 46.9% in 1979. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is upward, about 2.55 trillion a year. A straight line explains 94% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about 47.29 trillion for 2026. We show this only because the same method, fitted on earlier years, predicted 2021 to 2023 better than "no change" would have: its average miss was 4.99 trillion, against 9.13 trillion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

Closest to Tanzania in the 2023 ranking

• Congo, Rep. — 2nd of 9: 2.64 trillion
• Equatorial Guinea — 3rd of 9: 1.04 trillion
• Haiti — 4th of 9: 634.88 billion

What this measures

Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

All 58 values

Broad money (current LCU) in nearby economies

• Angola — 17.82 trillion (2025)
• Benin — 4.23 trillion (2025)
• Botswana — 115.36 billion (2024)
• Burkina Faso — 6.96 trillion (2025)
• Burundi — 8.01 trillion (2025)
• Cabo Verde — 281.73 billion (2025)
• Cameroon — 4.75 trillion (2018)
• Central African Republic — 488.93 billion (2022)
• Chad — 1.5 trillion (2021)
• Comoros — 285.91 billion (2025)
• Congo, Dem. Rep. — 42.99 trillion (2025)

More financial sector data for Tanzania

• GDP deflator (base year varies by country) — 146.04 (2025)
• DEC alternative conversion factor (LCU per US$) — US$2,541 (2025)
• Domestic credit to private sector by banks (% of GDP) — 18.41% (2025)
• Monetary sector credit to private sector (% of GDP) — 18.45% (2025)
• Domestic credit to private sector (% of GDP) — 18.45% (2025)
• Inflation, GDP deflator (annual % growth) — 5.12% (2025)
• Official exchange rate (LCU per US$, period average) — US$2,598 (2024)
• Consumer price index (2010 = 100) — 231.54 (2025)
• Net domestic credit (current LCU) — 57.23 trillion (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Tanzania's broad money (current LCU)?

44 trillion in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1966?

It is up 3.23 million% from 1.36 billion in 1966 (19.98% a year on average, compounded). The highest value was 44 trillion in 2023 and the lowest 1.36 billion in 1966.

Is the latest change in broad money (current LCU) unusual for Tanzania?

In 2023, Tanzania's broad money (current LCU) rose 14.1% on 2022 (from 38.58 trillion to 44 trillion). Across the 30 yearly changes before that (1993 to 2022), the average change was +17.9% and a typical year strayed about 9.7% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator FM.LBL.BMNY.CN, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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