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.