Fiscal Balance in Tanzania

Tanzania Fiscal Balance | Economic News & Forecasts

Tanzania - Fiscal Balance

Annual growth in the final quarter of 2018 remained stable at Q3’s robust 7.1%. The manufacturing and construction sectors spearheaded the overall expansion, with output growth in both sectors accelerating notably from the previous quarter. In addition, the all-important agricultural sector strengthened, although it remained relatively weak compared to other sectors. On a less positive note, activity in the hospitality and financial sectors lost considerable traction in Q4. Turning to this year, the economy appears to have lost some momentum owing to the deteriorating external backdrop. Exports shrank slightly in January–April, chiefly due to tumbling agricultural exports, which, coupled with higher imports, caused the current account deficit to jump in the period.

Tanzania - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-3.8  -2.9  -3.5  -1.5  -1.9  

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Tanzania Fiscal Balance Chart

Tanzania Fiscal Balance
Note: General government balance as % of GDP
Source: Bank of Tanzania

Tanzania Facts

Bond Yield15.380.0 %Jul 11
Exchange Rate2,2980.0 %Jul 11
Stock Market1.10.0 %Jul 10

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