Africa
High RiskLatest data: 2024 | Updated 2/2/2026
49.6%
--
5.5%
$78.8B
Inflation: 3.1%
High Distress Risk
Tanzania is rated at high risk of debt distress, indicating a significant probability of being unable to meet future debt obligations without corrective policy action or external support.
External debt by creditor type
No composition data available
No historical data available
Tanzania has historically been one of East Africa's more conservative borrowers, with debt levels well below regional peers. Under President Samia, the country has pursued a careful opening while maintaining fiscal discipline.
Tanzania avoided the infrastructure borrowing spree that affected Kenya and Ethiopia. Debt-to-GDP remains around 40% — comfortable by regional standards. The government has focused on concessional borrowing and domestic debt markets.
Tanzania is the boring-in-a-good-way story. No crisis, no drama, steady progress. For investors seeking stability over upside, Tanzania offers a safer entry point to East Africa. Restructuring probability: <3%.