Tanzania: Net acquisition of financial assets (current LCU)

Key figures

What the numbers say

In 2024, Tanzania's net acquisition of financial assets (current LCU) rose 2.25 trillion on 2023 (from 1.03 trillion to 3.28 trillion).

Across the 14 yearly changes before that (2010 to 2023), the average change was −139.82 billion and a typical year strayed about 1.39 trillion from that (the standard deviation). This year's change was 1.7 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 2.42 trillion in 2020 and the biggest yearly fall was 3.12 trillion in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 317.28 billion a year. A straight line explains 44% 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.

How it compares

In 2024, Tanzania had the 7th highest value of the 57 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Tanzania in the 2024 ranking

• Colombia — 3rd of 57: 18.85 trillion
• Russian Federation — 4th of 57: 5.75 trillion
• Korea, Rep. — 5th of 57: 5.57 trillion
• Mongolia — 7th of 57: 1.88 trillion
• Türkiye — 8th of 57: 966.35 billion
• Mexico — 9th of 57: 438.52 billion

What this measures

Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. 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.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

All 16 values

Net acquisition of financial assets (current LCU) in nearby economies

• Angola — -2.2 trillion (2024)
• Botswana — -2.86 billion (2023)
• Burkina Faso — 137.43 billion (2024)
• Burundi — 134.1 billion (2021)
• Cabo Verde — 1.5 billion (2020)
• Cameroon — -58.09 billion (2021)
• Central African Republic — -2.89 billion (2021)
• Congo, Dem. Rep. — -1.25 trillion (2022)
• Congo, Rep. — 220.7 billion (2021)
• Côte d'Ivoire

More public sector data for Tanzania

• Military expenditure (current USD) — 1.03 billion (2025)
• Military expenditure (current LCU) — 2.64 trillion (2025)
• Military expenditure (% of GDP) — 1.16% (2025)
• Arms imports (SIPRI trend indicator values) — 4 million (2025)
• Military expenditure (% of general government expenditure) — 5.81% (2025)
• Armed forces personnel, total — 28,000 (2020)
• Armed forces personnel (% of total labor force) — 0.1% (2020)
• CPIA business regulatory environment rating (1=low to 6=high) — 3 (2025)
• CPIA debt policy rating (1=low to 6=high) — 4 (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Tanzania's net acquisition of financial assets (current LCU)?

3.28 trillion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2009?

It is up 9.85% from 2.98 trillion in 2009 (0.63% a year on average, compounded). The highest value was 3.28 trillion in 2024 and the lowest -2.21 trillion in 2019.

How does Tanzania rank?

7th highest of 57 economies with data for 2024.

Is the latest change in net acquisition of financial assets (current LCU) unusual for Tanzania?

In 2024, Tanzania's net acquisition of financial assets (current LCU) rose 2.25 trillion on 2023 (from 1.03 trillion to 3.28 trillion). Across the 14 yearly changes before that (2010 to 2023), the average change was −139.82 billion and a typical year strayed about 1.39 trillion from that (the standard deviation). This year's change was 1.7 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator GC.AST.TOTL.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, 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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