Tanzania Current Account to GDP 1980-2014 | Data | Chart | Calendar

Tanzania recorded a Current Account deficit of 10.10 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Tanzania averaged -6.51 Percent from 1980 until 2013, reaching an all time high of -0.20 Percent in 2003 and a record low of -13.40 Percent in 1994. Current Account to GDP in Tanzania is reported by the Bank of Tanzania.


Tanzania Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-10.10 -11.10 -0.20 -13.40 1980 - 2013 Percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Tanzania Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Tanzania Current Account to GDP - was last refreshed on Tuesday, October 21, 2014.

Tanzania Trade Last Previous Highest Lowest Unit
Balance of Trade -370.60 -391.60 -101.80 -763.00 USD Million [+]
Exports 762.00 773.30 888.60 214.40 USD Million [+]
Imports 1132.60 1165.00 1401.20 331.00 USD Million [+]
Current Account -277.30 -394.10 263.80 -776.40 USD Million [+]
Current Account to GDP -10.10 -11.10 -0.20 -13.40 Percent [+]