Tanzania recorded a Government Budget deficit equal to 3.40 percent of the country's Gross Domestic Product in 2024. Government Budget in Tanzania averaged -5.22 percent of GDP from 1998 until 2024, 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. source: Bank of Tanzania
Government Budget in Tanzania is expected to reach -3.60 percent of GDP by the end of 2026, 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 2027 and -3.00 percent of GDP in 2028, according to our econometric models.