World Bank's Tanzania Economic Update puts growth at 6.1 per cent with public debt at 49 per cent of GDP
19 October 2026
The World Bank released the Tanzania Economic Update 2026, whose special topic is Making Jobs Work.
It records growth of 5.9% in 2025 and forecasts 6.1% in 2026 and 6.5% over the medium term.
Inflation stayed within the Bank of Tanzania's 3-5% target band.
Public debt stands at 49% of GDP and the current account deficit at 2.5% of GDP in 2026.
Nearly 69% of working-age people are employed, one of the highest employment rates in the world.
The update notes that only 12% of registered firms are young, against 38% in Rwanda.
In plain words
Current account deficit Current account deficit — The gap when a country pays out more for goods, services and income abroad than it earns from them.