Gross savings (current US$), annual growth rate in Tanzania
Tanzania: Gross savings (current US$), annual growth rate was 1.23 % change on previous year in 2024. ◆ Volatile
Gross savings (current US$), annual growth rate in Tanzania, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Tanzania recorded 1.23 % change on previous year for gross savings (current us$), annual growth rate in 2024.
That represents a change of down 77.2% on the previous year and down 92.1% over ten years.
Over the whole period, gross savings (current us$), annual growth rate in Tanzania peaked at 41.77 % change on previous year in 2008 and was at its lowest, -49.18 % change on previous year, in 1998.
Tanzania ranks 128th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$), annual growth rate in Tanzania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 9.68 % change on previous year | — |
| 1992 | -3.92 % change on previous year | -140.5% |
| 1993 | -10.84 % change on previous year | +176.3% |
| 1994 | 2.54 % change on previous year | -123.4% |
| 1995 | 31.49 % change on previous year | +1139.8% |
| 1996 | 26.57 % change on previous year | -15.6% |
| 1997 | 18.33 % change on previous year | -31.0% |
| 1998 | -49.18 % change on previous year | -368.3% |
| 1999 | -13.93 % change on previous year | -71.7% |
| 2000 | 21.21 % change on previous year | -252.2% |
| 2001 | 1.2 % change on previous year | -94.3% |
| 2002 | 25.8 % change on previous year | +2051.5% |
| 2003 | 18 % change on previous year | -30.2% |
| 2004 | 22.58 % change on previous year | +25.5% |
| 2005 | 10.63 % change on previous year | -52.9% |
| 2006 | 10 % change on previous year | -5.9% |
| 2007 | 12.69 % change on previous year | +26.9% |
| 2008 | 41.77 % change on previous year | +229.0% |
| 2009 | 5.22 % change on previous year | -87.5% |
| 2010 | -6.96 % change on previous year | -233.3% |
| 2011 | -2.49 % change on previous year | -64.3% |
| 2012 | 12.65 % change on previous year | -608.9% |
| 2013 | 20.05 % change on previous year | +58.6% |
| 2014 | 15.59 % change on previous year | -22.3% |
| 2015 | -0.4283 % change on previous year | -102.7% |
| 2016 | 21.97 % change on previous year | -5229.4% |
| 2017 | 9.74 % change on previous year | -55.7% |
| 2018 | 10.85 % change on previous year | +11.4% |
| 2019 | 10.01 % change on previous year | -7.8% |
| 2020 | 21.06 % change on previous year | +110.4% |
| 2021 | 8.77 % change on previous year | -58.4% |
| 2022 | 3.54 % change on previous year | -59.6% |
| 2023 | 5.4 % change on previous year | +52.7% |
| 2024 | 1.23 % change on previous year | -77.2% |
Tanzania compared with similar countries
- Tanzania's 1.23 % change on previous year is below the median for lower middle income countries, which is 9.24 % change on previous year, 13% of the median. (45 countries reporting)
- Tanzania's 1.23 % change on previous year is below the median for Sub-Saharan Africa, which is 9.13 % change on previous year, 14% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), annual growth rate in Tanzania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +5229.4% | -0.4283 % change on previous year | 21.97 % change on previous year |
| 2002 | +2051.5% | 1.2 % change on previous year | 25.8 % change on previous year |
| 1995 | +1139.8% | 2.54 % change on previous year | 31.49 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.19 % change on previous year | -49.18 % change on previous year | 31.49 % change on previous year | 9 |
| 2000s | 16.91 % change on previous year | 1.2 % change on previous year | 41.77 % change on previous year | 10 |
| 2010s | 9.1 % change on previous year | -6.96 % change on previous year | 21.97 % change on previous year | 10 |
| 2020s | 8 % change on previous year | 1.23 % change on previous year | 21.06 % change on previous year | 5 |
Countries ranked near Tanzania
- 125 United States 2.08 % change on previous year compare
- 126 Serbia 1.97 % change on previous year compare
- 127 South Korea 1.46 % change on previous year compare
- 129 South Africa 1.2 % change on previous year compare
- 130 Rwanda 0.7502 % change on previous year compare
- 131 Senegal 0.6971 % change on previous year compare
More economy & growth data for Tanzania
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -14.24 % change on previous year (2018)
Frequently asked questions
- What is gross savings (current us$), annual growth rate in Tanzania?
- Gross savings (current us$), annual growth rate in Tanzania was 1.23 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), annual growth rate recorded in Tanzania?
- The highest recorded value was 41.77 % change on previous year in 2008.
- What is the lowest gross savings (current us$), annual growth rate recorded in Tanzania?
- The lowest recorded value was -49.18 % change on previous year in 1998.
- How does Tanzania rank for gross savings (current us$), annual growth rate?
- Tanzania ranks 128th out of 177 countries with data for 2024.
- Is gross savings (current us$), annual growth rate rising or falling in Tanzania?
- Over the last ten years it is down 92.1%. The long-run trend across the full record is volatile.
- Where does this Tanzania data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 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 Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.