Net incurrence of liabilities, total (current LCU) in Tanzania
Tanzania: Net incurrence of liabilities, total (current LCU) was 8.00 trillion current LCU in 2024. ▲ Rising
Net incurrence of liabilities, total in Tanzania, 2009–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Tanzania recorded 8.00 trillion current LCU for net incurrence of liabilities, total in 2024. That is the highest value across all 16 years on record.
That represents a change of up 64.5% on the previous year and up 145.1% over ten years.
Over the whole period, net incurrence of liabilities, total in Tanzania peaked at 8.00 trillion current LCU in 2024 and was at its lowest, 387.65 billion current LCU, in 2017.
Tanzania ranks 9th of 136 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 16 years of available data.
Net incurrence of liabilities, total (current LCU) in Tanzania, year by year
| Year | current LCU | Change |
|---|---|---|
| 2009 | 2.97 trillion current LCU | — |
| 2010 | 2.97 trillion current LCU | +0.0% |
| 2011 | 3.94 trillion current LCU | +32.4% |
| 2012 | 2.07 trillion current LCU | -47.6% |
| 2013 | 3.63 trillion current LCU | +75.8% |
| 2014 | 3.26 trillion current LCU | -10.1% |
| 2015 | 5.07 trillion current LCU | +55.4% |
| 2016 | 3.57 trillion current LCU | -29.7% |
| 2017 | 387.65 billion current LCU | -89.1% |
| 2018 | 2.09 trillion current LCU | +439.6% |
| 2019 | 4.35 trillion current LCU | +107.9% |
| 2020 | 3.78 trillion current LCU | -13.2% |
| 2021 | 4.57 trillion current LCU | +21.1% |
| 2022 | 5.07 trillion current LCU | +10.9% |
| 2023 | 4.86 trillion current LCU | -4.2% |
| 2024 | 8.00 trillion current LCU | +64.5% |
Tanzania compared with similar countries
- Tanzania's 8.00 trillion current LCU is above the median for lower middle income countries, which is 47.21 billion current LCU, 169.4× the median. (34 countries reporting)
- Tanzania's 8.00 trillion current LCU is above the median for Sub-Saharan Africa, which is 126.91 billion current LCU, 63.0× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (current LCU) in Tanzania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +439.6% | 387.65 billion current LCU | 2.09 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.97 trillion current LCU | 2.97 trillion current LCU | 2.97 trillion current LCU | 1 |
| 2010s | 3.13 trillion current LCU | 387.65 billion current LCU | 5.07 trillion current LCU | 10 |
| 2020s | 5.26 trillion current LCU | 3.78 trillion current LCU | 8.00 trillion current LCU | 5 |
Countries ranked near Tanzania
More public sector data for Tanzania
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- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
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- Arms imports (SIPRI trend indicator values), per capita 0.8276 SIPRI trend indicator values per person (2021)
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Frequently asked questions
- What is net incurrence of liabilities, total in Tanzania?
- Net incurrence of liabilities, total in Tanzania was 8.00 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Tanzania?
- The highest recorded value was 8.00 trillion current LCU in 2024.
- What is the lowest net incurrence of liabilities, total recorded in Tanzania?
- The lowest recorded value was 387.65 billion current LCU in 2017.
- How does Tanzania rank for net incurrence of liabilities, total?
- Tanzania ranks 9th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Tanzania?
- Over the last ten years it is up 145.1%. 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 Net incurrence of liabilities, total (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
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.