Interest Payments on Government Debt (As % of Government Expense) in Tanzania

Interest payments on government debt as a share of government expense reached 10.0 % in 2016 in Tanzania, according to the National Statistical Office. This is 11.3 % more than in the previous year.

Historically, interest payments on government debt as a share of government expense in Tanzania reached an all time high of 10.0 % in 2016 and an all time low of 4.47 % in 2010. When compared to Tanzania's main peers, interest payments on government debt as a share of government expense in Kenya amounted to 12.9 %, 11.6 % in Mozambique, 14.8 % in Uganda and 22.1 % in Zambia in 2016.

Tanzania has been ranked 32nd within the group of 111 countries we follow in terms of interest payments on government debt as a share of government expense.

Interest payments include interest payments on government debt including long-term bonds, long-term loans, and other debt instruments to domestic and foreign residents.

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