Real GDP in Mainland Tanzania Grows 6.0% in First Quarter of 2026
Latest Tanzania economy news · Real GDP in Mainland Tanzania Grows 6.0% in First Quart… explained · 2026 updates · updated Aug 5, 2026 · economy news · GDP · investment
TLDR
- The Bank of Tanzania (BOT) released its Monthly Economic Review for July 2026, covering key macroeconomic indicators for the year ending June 2026, with Tanzania’s exports of goods and services rising 17.2% to USD.
- Real GDP in Mainland Tanzania grew 6.0% in the first quarter of 2026 against 4.3% a year earlier, while gross official reserves reached USD 5,673.5 million, covering 4.4 months of imports.
- Accepted bids reached TZS 597.1 billion (approximately USD 226.7 million), above the amount offered, and the overall weighted average yield edged up to 4.83% from 4.74% in May 2026.
- Interbank Foreign Exchange Market Turnover in the Interbank Foreign Exchange Market (IFEM) increased to USD 193.3 million from USD 119.3 million in May 2026, with the Bank making a net sale of USD 28.5 million.
- The shilling averaged TZS 2,633.73 per US dollar against TZS 2,616.88 in May 2026, depreciating 0.08% year-on-year compared with 0.21% in the year to June 2025.