Tanzania - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Tanzania was -1.01 as of 2020. Its highest value over the past 30 years was 1.06 in 2002, while its lowest value was -29.72 in 1993.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 -24.83
1991 -23.38
1992 -26.91
1993 -29.72
1994 -23.01
1995 -17.43
1996 -12.01
1997 -9.47
1998 -5.89
1999 -4.69
2000 -2.36
2001 -0.36
2002 1.06
2003 -0.26
2004 -1.52
2005 -2.99
2006 -5.94
2007 -8.40
2008 -10.10
2009 -7.14
2010 -8.43
2011 -12.90
2012 -9.63
2013 -10.61
2014 -9.22
2015 -6.55
2016 -2.72
2017 -1.96
2018 -3.16
2019 -0.94
2020 -1.01

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts