Business Working Capital Financing Statistics in Tanzania (2026)
13.7% of firms in Tanzania used banks to finance working capital in 2023, World Bank World Development Indicators data show. Down from 14.7% in 2013 to 13.7% in 2023 (−1 percentage points). Tanzania ranks #29 of 45 economies in Sub-Saharan Africa on this measure, and #111 of 145 globally.
Key Statistics
- Latest value (2023)
- 13.7% (2023)
- Business Working Capital Financing in Tanzania as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2013
- −1 pp (2023)
- Down from 14.7% in 2013 to 13.7% in 2023 (−1 percentage points).
- Earliest value in this dataset (2006)
- 17.3% (2006)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 17.3% in 2006 to 13.7% in 2023.
- Peak value (2006)
- 17.3% (2006)
- Highest value in the available series; the 2023 value is 13.7%.
- Rank in Sub-Saharan Africa
- #29 of 45 (2023)
- Tanzania ranks 29 of 45 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #111 of 145 (2023)
- Tanzania ranks 111 of 145 countries with data globally.
- Sub-Saharan Africa average
- 20.6% (2023)
- Tanzania (13.7%) is below the average of 20.6% across the 45 countries in Sub-Saharan Africa with data.
- Firms with a bank loan/line of credit (% of firms) (2023)
- 16.7% (2023)
- Related indicator from World Bank World Development Indicators.
- Internet use in Tanzania (2024)
- 31.2% (2024)
- 31.2% of the population in Tanzania used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 68.6 million (2024)
- Tanzania had a population of 68.6 million in 2024 (World Bank); shown for scale only.
Trend, 2006–2023
| Year | % of firms | Change |
|---|---|---|
| 2023 | 13.7% | −1.0 pp |
| 2013 | 14.7% | −2.7 pp |
| 2006 | 17.3% | — |
Frequently asked questions
What share of firms in Tanzania used banks to finance working capital?
13.7% of firms in Tanzania used banks to finance working capital in 2023, according to World Bank World Development Indicators data.
How has business working capital financing in Tanzania changed over time?
World Bank World Development Indicators data show a decline from 17.3% in 2006 to 13.7% in 2023.
How does Tanzania compare with other countries in Sub-Saharan Africa?
Tanzania ranks 29 of 45 countries in Sub-Saharan Africa with data, with 13.7% versus a regional average of 20.6% (latest values per country).
Where does Tanzania rank globally on business working capital financing?
Tanzania ranks 111 of 145 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BKWC.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .