Tanzania's Economic Growth Projected at 5.8% in 2026, Outpacing B Group Average of 3.7%
Latest Tanzania economy news · Tanzania's Economic Growth Projected at 5.8% in 2026, O… explained · 2026 updates · updated Aug 22, 2026 · economy news · GDP · investment
TLDR
- Fitch Ratings has assigned Tanzania a B (Positive) rating, indicating improvements in economic fundamentals and policy stability.
- Tanzania's economic growth is projected to reach 5.8% by 2026, surpassing the B Group average of 3.7%.
- Foreign exchange reserves are expected to increase from $6.3 billion at the end of 2025 to $7.9 billion by 2028.
- The budget deficit for the fiscal year ending June 2026 is estimated at 2.8% of GDP, with expectations to remain around 3% until 2028.
- Tax revenue is projected to rise from 14.6% to 15.6% of GDP between the fiscal years 2023 and 2025.