Financial and insurance activities (banking), value added in Tanzania
Tanzania: Financial and insurance activities (banking), value added was 148.80 million current US$ in 2011. ▲ Rising
Financial and insurance activities (banking), value added in Tanzania, 1990–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
The most recent figure for financial and insurance activities (banking), value added in Tanzania is 148.80 million current US$, measured in 2011.
The figure is up 117.3% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Tanzania peaked at 180.66 million current US$ in 1997 and was at its lowest, 20.03 million current US$, in 1998.
That places Tanzania 14th out of 37 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Financial and insurance activities (banking), value added in Tanzania, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 68.36 million current US$ | — |
| 1991 | 72.86 million current US$ | +6.6% |
| 1992 | 51.12 million current US$ | -29.8% |
| 1993 | 42.51 million current US$ | -16.8% |
| 1994 | 69.97 million current US$ | +64.6% |
| 1995 | 99.30 million current US$ | +41.9% |
| 1996 | 124.89 million current US$ | +25.8% |
| 1997 | 180.66 million current US$ | +44.7% |
| 1998 | 20.03 million current US$ | -88.9% |
| 1999 | 38.02 million current US$ | +89.8% |
| 2000 | 52.80 million current US$ | +38.9% |
| 2001 | 68.46 million current US$ | +29.7% |
| 2002 | 92.40 million current US$ | +35.0% |
| 2003 | 95.71 million current US$ | +3.6% |
| 2004 | 99.86 million current US$ | +4.3% |
| 2005 | 109.43 million current US$ | +9.6% |
| 2006 | 103.90 million current US$ | -5.1% |
| 2007 | 109.81 million current US$ | +5.7% |
| 2008 | 120.12 million current US$ | +9.4% |
| 2009 | 112.86 million current US$ | -6.0% |
| 2010 | 148.85 million current US$ | +31.9% |
| 2011 | 148.80 million current US$ | -0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 76.77 million current US$ | 20.03 million current US$ | 180.66 million current US$ | 10 |
| 2000s | 96.54 million current US$ | 52.80 million current US$ | 120.12 million current US$ | 10 |
| 2010s | 148.83 million current US$ | 148.80 million current US$ | 148.85 million current US$ | 2 |
Countries ranked near Tanzania
- 11 Mozambique 351.70 million current US$ compare
- 12 Senegal 345.43 million current US$ compare
- 13 Rwanda 179.61 million current US$ compare
- 15 Lesotho 147.46 million current US$ compare
- 16 Burkina Faso 146.84 million current US$ compare
- 17 Sierra Leone 141.75 million current US$ 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 11.27 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 2,070 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 2.64 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.85 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8059 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,030 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.85 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1,604 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Tanzania?
- Financial and insurance activities (banking), value added in Tanzania was 148.80 million current US$ in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Tanzania?
- The highest recorded value was 180.66 million current US$ in 1997.
- What is the lowest financial and insurance activities (banking), value added recorded in Tanzania?
- The lowest recorded value was 20.03 million current US$ in 1998.
- How does Tanzania rank for financial and insurance activities (banking), value added?
- Tanzania ranks 14th out of 37 countries with data for 2011.
- Is financial and insurance activities (banking), value added rising or falling in Tanzania?
- Over the last ten years it is up 117.3%. The long-run trend across the full record is rising.
- Where does this Tanzania data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in current U.S. dollars.