Government Budget in Tanzania decreased to -2.60 percent of GDP in 2020 from -1.40 percent of GDP in 2019. source: Bank of Tanzania

Government Budget in Tanzania averaged -5.48 percent of GDP from 1998 until 2020, reaching an all time high of -1.40 percent of GDP in 2016 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 September of 2021.

Government Budget in Tanzania is expected to reach -2.80 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tanzania Government Budget is projected to trend around -2.50 percent of GDP in 2022 and -2.30 percent of GDP in 2023, according to our econometric models.

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Tanzania Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-2.60 -1.40 -1.40 -11.90 1998 - 2020 percent of GDP Yearly

Tanzania Government Last Previous Highest Lowest Unit
Government Debt to GDP 37.80 37.60 50.20 21.50 percent of GDP [+]
Government Budget -2.60 -1.40 -1.40 -11.90 percent of GDP [+]
Credit Rating 35.00 [+]
Military Expenditure 639.00 619.00 658.00 67.50 USD Million [+]
Government Debt 7749.30 8253.80 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.