Current Account to GDP in Tanzania increased to -2.10 percent in 2019 from -3.30 percent in 2018. source: Bank of Tanzania

Current Account to GDP in Tanzania averaged -6.37 percent from 1980 until 2019, reaching an all time high of -0.20 percent in 2003 and a record low of -13.40 percent in 1994. This page provides - Tanzania Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania Current Account to GDP - values, historical data and charts - was last updated on December of 2021.

Current Account to GDP in Tanzania is expected to reach -2.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tanzania Current Account to GDP is projected to trend around -2.50 percent of GDP in 2022 and -3.00 percent of GDP in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Tanzania Current Account to GDP


Related Last Previous Unit Reference
Balance of Trade -702.40 -177.30 USD Million Mar/21
Current Account -337.90 2.10 USD Million Mar/21
Current Account to GDP -1.50 -2.40 percent of GDP Dec/20
Imports 2394.00 2091.70 USD Million Jun/21
Exports 1295.80 1838.50 USD Million Mar/21
External Debt 26557.70 25957.50 USD Million Sep/21
Capital Flows -463.20 -304.80 USD Million Mar/21
Tanzania Current Account to GDP
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.