Tanzania is among the 20 fastest-growing economies worldwide in 2024, according to the IMF.
The World Bank reports that the services sector is the main driving force behind Tanzania's economic growth, expanding by 7.3 percent.

Tanzania's Economic Outlook
The economy grew by 5.2% in 2023 and is forecast to grow even faster in 2024.

• Economic Growth
  Tanzania's economy grew by 5.2% in 2023, up from 4.6% in 2022, with forecasts for even faster growth in 2024.

• Government Commitment
  The government has reconfirmed its strong commitments to ambitious investments in education, health, jobs, and women's empowerment.

• Political Stability
  Tanzania is known globally for its political stability, democratic framework, and commitment to good governance.

• Fiscal Management
  The government has demonstrated commitment to narrowing the fiscal deficit through enhanced tax revenue collection and restrained spending.

Why Tanzania ?