Tanzania Current Account to GDP  1980-2016 | Data | Chart | Calendar

Tanzania recorded a Current Account deficit of 9.10 percent of the country's Gross Domestic Product in 2015. Current Account to GDP in Tanzania averaged -6.70 percent from 1980 until 2015, reaching an all time high of -0.20 percent in 2003 and a record low of -13.40 percent in 1994.

Tanzania Current Account to GDP
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Tanzania Trade Last Previous Highest Lowest Unit
Balance of Trade -101.00 -139.30 139.40 -767.50 USD Million [+]
Exports 807.10 790.60 995.30 228.70 USD Million [+]
Imports 908.10 967.60 1399.30 89.30 USD Million [+]
Current Account -110.50 -179.00 284.40 -780.20 USD Million [+]
Current Account to GDP -9.10 -11.00 -0.20 -13.40 percent [+]
Terms Of Trade 110.00 111.10 111.10 100.00 Index points [+]
Terrorism Index 3.83 3.98 3.98 0.06 [+]
External Debt 16399.80 16471.20 16471.20 2469.70 USD Million [+]



Tanzania Current Account to GDP Notes

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. Tanzania Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-9.10 -11.00 -0.20 -13.40 1980 - 2015 percent Yearly



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