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Tanzania flag Tanzania Business Environment

Trade, commerce, and economic integration indicators

Overview

Business environment indicators for Tanzania, covering trade, commerce, foreign direct investment, corruption perceptions, and economic integration from the World Bank, OECD, IMF, and Transparency International.

Key Indicators

Domestic credit to private sector by banks (% of GDP)
16.7
2024 · Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Firms visited or required meetings with tax officials (% of firms)
92.5
2023 · Percentage of firms that were visited or inspected by tax officials or were required to meet with them over the last year.
Time to obtain an electrical connection (days)
20.3
2023 · Average wait, in days, experienced to obtain electrical connection from the day this establishment applied for it to the day it received the service.
Average time to clear exports through customs (days)
6.5
2023 · Average number of days to clear direct exports through customs.
New business density (new registrations per 1,000 people ages 15-64)
0.2
2018 · The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.
Corruption Perceptions Index
41.0 /100
2024 · Transparency International CPI score (0-100, higher = less corrupt)

Data Explorer

Export unit value index (2015 = 100)
147.6
2024 · World Bank
Domestic credit to private sector (% of GDP)
16.7547897044924
2024 · World Bank
Import unit value index (2015 = 100)
123.5
2024 · World Bank
Domestic credit to private sector by banks (% of GDP)
16.7064515762639
2024 · World Bank
Merchandise trade (% of GDP)
29.2828631223594
2024 · World Bank
Merchandise imports (current US$)
14302000000
2024 · World Bank
Merchandise exports (current US$)
8767000000
2024 · World Bank
Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)
1.17663892077229
2023 · World Bank
Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
8.49216905875793
2023 · World Bank
Merchandise imports from economies in the Arab World (% of total merchandise imports)
18.8495729457647
2023 · World Bank
Firms formally registered when operations started (% of firms)
67.9793396
2023 · World Bank
Import volume index (2015 = 100)
98.6
2023 · World Bank
Ores and metals imports (% of merchandise imports)
1.40955075689582
2023 · World Bank
Transport services (% of commercial service imports)
58.3851828595269
2023 · World Bank
Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
8.94611183453932
2023 · World Bank
Ores and metals exports (% of merchandise exports)
4.97181072389695
2023 · World Bank
Insurance and financial services (% of commercial service imports)
8.19090347275269
2023 · World Bank
Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
0.610500120002531
2023 · World Bank
Manufactures imports (% of merchandise imports)
67.0350875735079
2023 · World Bank
Merchandise exports to economies in the Arab World (% of total merchandise exports)
11.7742997838314
2023 · World Bank

Frequently Asked Questions

Sources: World Bank · Last updated: 2025

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