Tanzania recorded a Government Budget deficit equal to 2 percent of the country's Gross Domestic Product in 2018. Government Budget in Tanzania averaged -6.02 percent of GDP from 1998 until 2018, reaching an all time high of -1.70 percent of GDP in 1998 and a record low of -11.90 percent of GDP in 2004.
Government Budget in Tanzania is expected to be -3.20 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tanzania Government Budget is projected to trend around -3.00 percent of GDP in 2020, according to our econometric models.