Gross savings (current US$), per unit of GDP in Tanzania
Tanzania: Gross savings (current US$), per unit of GDP was 0.3651 current US$ per US$ of GDP in 2024. ▲ Rising
Gross savings (current US$), per unit of GDP in Tanzania, 1990–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Tanzania recorded 0.3651 current US$ per US$ of GDP for gross savings (current us$), per unit of gdp in 2024.
The figure is up 1.0% on the previous year and up 49.1% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Tanzania peaked at 0.3871 current US$ per US$ of GDP in 1997 and was at its lowest, 0.1487 current US$ per US$ of GDP, in 1999.
That places Tanzania 20th out of 178 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Gross savings (current US$), per unit of GDP in Tanzania, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.3682 current US$ per US$ of GDP | — |
| 1991 | 0.347 current US$ per US$ of GDP | -5.8% |
| 1992 | 0.3591 current US$ per US$ of GDP | +3.5% |
| 1993 | 0.346 current US$ per US$ of GDP | -3.6% |
| 1994 | 0.3349 current US$ per US$ of GDP | -3.2% |
| 1995 | 0.378 current US$ per US$ of GDP | +12.9% |
| 1996 | 0.387 current US$ per US$ of GDP | +2.4% |
| 1997 | 0.3871 current US$ per US$ of GDP | +0.0% |
| 1998 | 0.1804 current US$ per US$ of GDP | -53.4% |
| 1999 | 0.1487 current US$ per US$ of GDP | -17.5% |
| 2000 | 0.1713 current US$ per US$ of GDP | +15.2% |
| 2001 | 0.1709 current US$ per US$ of GDP | -0.2% |
| 2002 | 0.2063 current US$ per US$ of GDP | +20.8% |
| 2003 | 0.2262 current US$ per US$ of GDP | +9.6% |
| 2004 | 0.2529 current US$ per US$ of GDP | +11.8% |
| 2005 | 0.2536 current US$ per US$ of GDP | +0.3% |
| 2006 | 0.2756 current US$ per US$ of GDP | +8.7% |
| 2007 | 0.2646 current US$ per US$ of GDP | -4.0% |
| 2008 | 0.2934 current US$ per US$ of GDP | +10.9% |
| 2009 | 0.2934 current US$ per US$ of GDP | +0.0% |
| 2010 | 0.2507 current US$ per US$ of GDP | -14.6% |
| 2011 | 0.2258 current US$ per US$ of GDP | -9.9% |
| 2012 | 0.2224 current US$ per US$ of GDP | -1.5% |
| 2013 | 0.2319 current US$ per US$ of GDP | +4.3% |
| 2014 | 0.2448 current US$ per US$ of GDP | +5.6% |
| 2015 | 0.257 current US$ per US$ of GDP | +5.0% |
| 2016 | 0.2985 current US$ per US$ of GDP | +16.2% |
| 2017 | 0.3061 current US$ per US$ of GDP | +2.5% |
| 2018 | 0.3171 current US$ per US$ of GDP | +3.6% |
| 2019 | 0.3258 current US$ per US$ of GDP | +2.8% |
| 2020 | 0.3643 current US$ per US$ of GDP | +11.8% |
| 2021 | 0.3705 current US$ per US$ of GDP | +1.7% |
| 2022 | 0.3579 current US$ per US$ of GDP | -3.4% |
| 2023 | 0.3615 current US$ per US$ of GDP | +1.0% |
| 2024 | 0.3651 current US$ per US$ of GDP | +1.0% |
Tanzania compared with similar countries
- Tanzania's 0.3651 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.1588 current US$ per US$ of GDP, 2.3× the median. (45 countries reporting)
- Tanzania's 0.3651 current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.1747 current US$ per US$ of GDP, 2.1× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), per unit of GDP in Tanzania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | -53.4% | 0.3871 current US$ per US$ of GDP | 0.1804 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3236 current US$ per US$ of GDP | 0.1487 current US$ per US$ of GDP | 0.3871 current US$ per US$ of GDP | 10 |
| 2000s | 0.2408 current US$ per US$ of GDP | 0.1709 current US$ per US$ of GDP | 0.2934 current US$ per US$ of GDP | 10 |
| 2010s | 0.268 current US$ per US$ of GDP | 0.2224 current US$ per US$ of GDP | 0.3258 current US$ per US$ of GDP | 10 |
| 2020s | 0.3639 current US$ per US$ of GDP | 0.3579 current US$ per US$ of GDP | 0.3705 current US$ per US$ of GDP | 5 |
Countries ranked near Tanzania
- 17 Norway 0.3725 current US$ per US$ of GDP compare
- 18 Vietnam 0.3704 current US$ per US$ of GDP compare
- 19 Switzerland 0.3671 current US$ per US$ of GDP compare
- 21 Nepal 0.3605 current US$ per US$ of GDP compare
- 22 South Korea 0.356 current US$ per US$ of GDP compare
- 23 Denmark 0.354 current US$ per US$ of GDP 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$), annual growth rate -14.24 % change on previous year (2018)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Tanzania?
- Gross savings (current us$), per unit of gdp in Tanzania was 0.3651 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Tanzania?
- The highest recorded value was 0.3871 current US$ per US$ of GDP in 1997.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Tanzania?
- The lowest recorded value was 0.1487 current US$ per US$ of GDP in 1999.
- How does Tanzania rank for gross savings (current us$), per unit of gdp?
- Tanzania ranks 20th out of 178 countries with data for 2024.
- Is gross savings (current us$), per unit of gdp rising or falling in Tanzania?
- Over the last ten years it is up 49.1%. The long-run trend across the full record is rising.
- Where does this Tanzania data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.