Tanzania recorded a Government Budget deficit equal to 3.10 percent of the country's Gross Domestic Product in 2019.

Government Budget in Tanzania averaged -5.88 percent of GDP from 1998 until 2019, 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. This page provides - Tanzania Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania Government Budget - values, historical data and charts - was last updated on October of 2020.

Government Budget in Tanzania is expected to reach -9.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tanzania Government Budget is projected to trend around -7.70 percent of GDP in 2021 and -6.30 percent of GDP in 2022, according to our econometric models.

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Tanzania Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.10 -1.90 -1.40 -11.90 1998 - 2018 percent of GDP Yearly

Tanzania Government Last Previous Highest Lowest Unit
Government Debt to GDP 37.80 37.60 50.20 21.50 percent [+]
Government Budget -3.10 -1.90 -1.40 -11.90 percent of GDP [+]
Credit Rating 35.00 [+]
Military Expenditure 665.00 611.00 665.00 65.30 USD Million [+]
Government Debt 6599.60 6576.50 12408.10 2244.60 USD Million [+]


Tanzania Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.