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 October of 2018.