Adjusted savings: net national savings in Tanzania, United Republic of
Tanzania, United Republic of: Adjusted savings: net national savings was 24.7% in 2020. ◆ Volatile
Adjusted savings: net national savings in Tanzania, United Republic of, 1990–2020
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2020, adjusted savings: net national savings in Tanzania, United Republic of stood at 24.7%. That is the highest value across all 31 years on record.
The figure is up 0.6% on the previous year and up 190.3% over ten years.
Over the whole period, adjusted savings: net national savings in Tanzania, United Republic of peaked at 24.7% in 2020 and was at its lowest, -19.9%, in 1994.
That places Tanzania, United Republic of 20th out of 177 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Tanzania, United Republic of, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1990 | -13.8% | — |
| 1991 | -16.8% | +21.4% |
| 1992 | -16.4% | -2.3% |
| 1993 | -19.8% | +20.6% |
| 1994 | -19.9% | +0.2% |
| 1995 | -13.2% | -33.8% |
| 1996 | -10.5% | -20.4% |
| 1997 | -8.2% | -22.1% |
| 1998 | 1.2% | -114.7% |
| 1999 | -1.1% | -192.8% |
| 2000 | 1.7% | -256.8% |
| 2001 | 3.1% | +76.6% |
| 2002 | 7.7% | +149.4% |
| 2003 | 10.2% | +33.7% |
| 2004 | 13.4% | +30.5% |
| 2005 | 14.6% | +9.0% |
| 2006 | 16.7% | +14.7% |
| 2007 | 15.5% | -7.5% |
| 2008 | 17.1% | +10.8% |
| 2009 | 14.6% | -14.6% |
| 2010 | 8.5% | -41.7% |
| 2011 | 4.2% | -51.2% |
| 2012 | 2.5% | -40.6% |
| 2013 | 7.7% | +210.4% |
| 2014 | 10.8% | +41.3% |
| 2015 | 11.1% | +2.8% |
| 2016 | 15.1% | +36.2% |
| 2017 | 19.1% | +25.8% |
| 2018 | 21.4% | +12.5% |
| 2019 | 24.6% | +14.6% |
| 2020 | 24.7% | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -11.8% | -19.9% | 1.2% | 10 |
| 2000s | 11.5% | 1.7% | 17.1% | 10 |
| 2010s | 12.5% | 2.5% | 24.6% | 10 |
| 2020s | 24.7% | 24.7% | 24.7% | 1 |
Countries ranked near Tanzania, United Republic of
- 17 Nepal 25.7% compare
- 18 Sri Lanka 25.3% compare
- 19 Azerbaijan 24.9% compare
- 21 Nigeria 23.7% compare
- 22 Macau, China 22.8% compare
- 23 Iran, Islamic Republic of 22.7% compare
More economy & growth data for Tanzania, United Republic of
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.26 million BoP, current US$ (2003)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2003)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0609 BoP, current US$ per person (2003)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.72 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 4.16 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0217 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 25.05 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -14.24 % change on previous year (2018)
Frequently asked questions
- What is adjusted savings: net national savings in Tanzania, United Republic of?
- Adjusted savings: net national savings in Tanzania, United Republic of was 24.7% in 2020, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Tanzania, United Republic of?
- The highest recorded value was 24.7% in 2020.
- What is the lowest adjusted savings: net national savings recorded in Tanzania, United Republic of?
- The lowest recorded value was -19.9% in 1994.
- How does Tanzania, United Republic of rank for adjusted savings: net national savings?
- Tanzania, United Republic of ranks 20th out of 177 countries with data for 2020.
- Is adjusted savings: net national savings rising or falling in Tanzania, United Republic of?
- Over the last ten years it is up 190.3%. The long-run trend across the full record is volatile.
- Where does this Tanzania, United Republic of data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.