Current account balance (BoP, current US$), annual growth rate in Tanzania
Tanzania: Current account balance (BoP, current US$), annual growth rate was 19.62 % change on previous year in 2024. ◆ Volatile
Current account balance (BoP, current US$), annual growth rate in Tanzania, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, current account balance (bop, current us$), annual growth rate in Tanzania stood at 19.62 % change on previous year.
Compared with earlier readings it is down 57.4% on the previous year and up 67,852.0% over ten years.
Over the whole period, current account balance (bop, current us$), annual growth rate in Tanzania peaked at 91.88 % change on previous year in 2002 and was at its lowest, -617.98 % change on previous year, in 1978.
Tanzania ranks 69th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$), annual growth rate in Tanzania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | -140.13 % change on previous year | — |
| 1978 | -617.98 % change on previous year | +341.0% |
| 1979 | 25.92 % change on previous year | -104.2% |
| 1980 | -50.96 % change on previous year | -296.6% |
| 1981 | 21.99 % change on previous year | -143.2% |
| 1982 | -28.71 % change on previous year | -230.6% |
| 1983 | 41.79 % change on previous year | -245.5% |
| 1984 | -17.84 % change on previous year | -142.7% |
| 1985 | -4.5 % change on previous year | -74.8% |
| 1986 | 14.4 % change on previous year | -420.4% |
| 1987 | -26.88 % change on previous year | -286.6% |
| 1988 | 12.48 % change on previous year | -146.4% |
| 1989 | 6.02 % change on previous year | -51.8% |
| 1990 | -66.8 % change on previous year | -1210.0% |
| 1991 | -31.94 % change on previous year | -52.2% |
| 1992 | 3.15 % change on previous year | -109.9% |
| 1993 | -25.28 % change on previous year | -902.4% |
| 1994 | 28.77 % change on previous year | -213.8% |
| 1995 | 7.47 % change on previous year | -74.0% |
| 1996 | 30.01 % change on previous year | +301.6% |
| 1997 | -5.68 % change on previous year | -118.9% |
| 1998 | -61.47 % change on previous year | +982.4% |
| 1999 | -10.33 % change on previous year | -83.2% |
| 2000 | 44.88 % change on previous year | -534.7% |
| 2001 | -31.61 % change on previous year | -170.4% |
| 2002 | 91.88 % change on previous year | -390.7% |
| 2003 | -280.5 % change on previous year | -405.3% |
| 2004 | -177.48 % change on previous year | -36.7% |
| 2005 | -126.02 % change on previous year | -29.0% |
| 2006 | -0.8686 % change on previous year | -99.3% |
| 2007 | -55.6 % change on previous year | +6300.6% |
| 2008 | -50.29 % change on previous year | -9.5% |
| 2009 | 29.77 % change on previous year | -159.2% |
| 2010 | -22.15 % change on previous year | -174.4% |
| 2011 | -98.16 % change on previous year | +343.2% |
| 2012 | 14.07 % change on previous year | -114.3% |
| 2013 | -32.51 % change on previous year | -330.9% |
| 2014 | 0.0289 % change on previous year | -100.1% |
| 2015 | 47.49 % change on previous year | +164400.7% |
| 2016 | 53.5 % change on previous year | +12.7% |
| 2017 | -21.35 % change on previous year | -139.9% |
| 2018 | -56.27 % change on previous year | +163.5% |
| 2019 | 41.95 % change on previous year | -174.6% |
| 2020 | -8.83 % change on previous year | -121.0% |
| 2021 | -62.78 % change on previous year | +611.2% |
| 2022 | -130.9 % change on previous year | +108.5% |
| 2023 | 46 % change on previous year | -135.1% |
| 2024 | 19.62 % change on previous year | -57.4% |
Tanzania compared with similar countries
- Tanzania's 19.62 % change on previous year is above the median for lower middle income countries, which is 19.11 % change on previous year, 1.0× the median. (47 countries reporting)
- Tanzania's 19.62 % change on previous year is above the median for Sub-Saharan Africa, which is -1.03 % change on previous year. (47 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$), annual growth rate in Tanzania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +164400.7% | 0.0289 % change on previous year | 47.49 % change on previous year |
| 2007 | -6300.6% | -0.8686 % change on previous year | -55.6 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -244.06 % change on previous year | -617.98 % change on previous year | 25.92 % change on previous year | 3 |
| 1980s | -3.22 % change on previous year | -50.96 % change on previous year | 41.79 % change on previous year | 10 |
| 1990s | -13.21 % change on previous year | -66.8 % change on previous year | 30.01 % change on previous year | 10 |
| 2000s | -55.58 % change on previous year | -280.5 % change on previous year | 91.88 % change on previous year | 10 |
| 2010s | -7.34 % change on previous year | -98.16 % change on previous year | 53.5 % change on previous year | 10 |
| 2020s | -27.38 % change on previous year | -130.9 % change on previous year | 46 % change on previous year | 5 |
Countries ranked near Tanzania
- 66 Curacao 20.42 % change on previous year compare
- 67 Malta 20.17 % change on previous year compare
- 68 Yemen 20.06 % change on previous year compare
- 70 Jamaica 19.31 % change on previous year compare
- 71 Congo 19.11 % change on previous year compare
- 72 Costa Rica 18.19 % change on previous year compare
More economy & growth data for Tanzania
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -14.24 % change on previous year (2018)
Frequently asked questions
- What is current account balance (bop, current us$), annual growth rate in Tanzania?
- Current account balance (bop, current us$), annual growth rate in Tanzania was 19.62 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Tanzania?
- The highest recorded value was 91.88 % change on previous year in 2002.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Tanzania?
- The lowest recorded value was -617.98 % change on previous year in 1978.
- How does Tanzania rank for current account balance (bop, current us$), annual growth rate?
- Tanzania ranks 69th out of 198 countries with data for 2024.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Tanzania?
- Over the last ten years it is up 67,852.0%. The long-run trend across the full record is volatile.
- Where does this Tanzania data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.