The World Bank has validated Tanzania’s economic momentum, projecting 5.4% growth in early 2025. The services sector, particularly tourism, has played a significant role, with international arrivals rebounding and foreign direct investment (FDI) reaching US $1.34 billion in 2023. Inflation has remained stable at around 3%, and tax revenues have surged by 18.4% in Q1 FY2024/25.
World Bank Supports 5.4% Growth in Early 2025, Driven by Services and Tourism
