Tanzania recorded a government debt equivalent to 37.80 percent of the country's Gross Domestic Product in 2019. source: Bank of Tanzania

Government Debt to GDP in Tanzania averaged 34.87 percent from 2001 until 2019, reaching an all time high of 50.20 percent in 2001 and a record low of 21.50 percent in 2008. This page provides - Tanzania Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania Government Debt to GDP - values, historical data and charts - was last updated on July of 2021.

Government Debt to GDP in Tanzania is expected to reach 38.60 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 Debt to GDP is projected to trend around 38.00 percent of GDP in 2022 and 37.00 percent of GDP in 2023, according to our econometric models.

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Tanzania Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
37.80 37.60 50.20 21.50 2001 - 2019 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 7411.10 7509.10 12408.10 2244.60 USD Million [+]

Tanzania Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.