Tanzania recorded a Government Budget deficit equal to 4 percent of the country's Gross Domestic Product in 2021. source: Bank of Tanzania
Government Budget in Tanzania averaged -5.50 percent of GDP from 1998 until 2021, 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 March of 2023.
Government Budget in Tanzania is expected to reach -2.80 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tanzania Government Budget is projected to trend around -3.30 percent of GDP in 2023 and -3.50 percent of GDP in 2024, according to our econometric models.