Goods and services expense in Tanzania
Tanzania: Goods and services expense was 5.30 trillion current LCU in 2024. ▲ Rising
Goods and services expense in Tanzania, 2009–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Tanzania recorded 5.30 trillion current LCU for goods and services expense in 2024. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 23.0% on the previous year and up 112.6% over ten years.
Over the whole period, goods and services expense in Tanzania peaked at 5.30 trillion current LCU in 2024 and was at its lowest, 866.63 billion current LCU, in 2009.
Tanzania ranks 13th of 155 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 16 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 866.63 billion current LCU | 866.63 billion current LCU | 866.63 billion current LCU | 1 |
| 2010s | 2.02 trillion current LCU | 866.63 billion current LCU | 2.49 trillion current LCU | 10 |
| 2020s | 3.54 trillion current LCU | 1.98 trillion current LCU | 5.30 trillion current LCU | 5 |
Countries ranked near Tanzania
More public sector data for Tanzania
- Arms imports 52.00 million SIPRI trend indicator values (2021)
- Tax revenue 12.7% (2024)
- Taxes on income, profits and capital gains 29.0% (2024)
- Taxes on goods and services 37.5% (2024)
- Net investment in nonfinancial assets 0.8% (2024)
- Net lending (+) / net borrowing (-) -2.4% (2024)
- Interest payments 13.9% (2024)
- Grants and other revenue 13.8% (2024)
- Interest payments 12.6% (2024)
- Other taxes 2.8% (2024)
Frequently asked questions
- What is goods and services expense in Tanzania?
- Goods and services expense in Tanzania was 5.30 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Tanzania?
- The highest recorded value was 5.30 trillion current LCU in 2024.
- What is the lowest goods and services expense recorded in Tanzania?
- The lowest recorded value was 866.63 billion current LCU in 2009.
- How does Tanzania rank for goods and services expense?
- Tanzania ranks 13th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Tanzania?
- Over the last ten years it is up 112.6%. The long-run trend across the full record is rising.
- Where does this Tanzania data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.