Tourism overtakes gold as Tanzania’s top foreign exchange earner

Tourism overtakes gold as Tanzania’s top foreign exchange earner

Tourism has officially become Tanzania’s leading source of foreign exchange, surpassing gold for the first time in years and marking a major milestone in the country’s post-pandemic economic recovery.

According to the Bank of Tanzania’s (BoT) Monthly Economic Review for June 2025, tourism revenues reached $3.92 billion in the year ending May 2025. This represents a steady increase from $3.63 billion the previous year and now accounts for 55.1% of all service-related receipts.

By comparison, gold exports—long considered Tanzania’s top foreign exchange generator—brought in $3.83 billion during the same period.

BoT attributed the strong performance to a significant surge in international arrivals, which rose to 2,170,360 visitors, up from 1,961,870 the year before.

The figures highlight a robust rebound in Tanzania’s tourism sector and underscore its growing importance in the national economy.