Tanzania recorded a Government Budget surplus equal to 4.20 percent of the country's Gross Domestic Product in 2023. Government Budget in Tanzania averaged -5.02 percent of GDP from 1998 until 2023, reaching an all time high of 4.20 percent of GDP in 2023 and a record low of -11.90 percent of GDP in 2004. source: Bank of Tanzania

Government Budget in Tanzania is expected to reach -3.50 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations.




Related Last Previous Unit Reference
Credit Rating 32.00 Jan 2025
Government Budget 4.20 -3.60 percent of GDP Dec 2023
Government Debt 12809.90 12262.00 USD Million Nov 2024
Government Debt to GDP 38.30 37.90 percent of GDP Dec 2022
Holidays
Military Expenditure 905.10 832.20 USD Million Dec 2023

Tanzania Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
4.20 -3.60 4.20 -11.90 1998 - 2023 percent of GDP Yearly