Net financial account in Tanzania
Tanzania: Net financial account was -2.05 billion BoP, current US$ in 2024. ◆ Volatile
Net financial account in Tanzania, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net financial account in Tanzania stood at -2.05 billion BoP, current US$.
Compared with earlier readings it is up 42.7% on the previous year and up 38.3% over ten years.
Over the whole period, net financial account in Tanzania peaked at 4.49 billion BoP, current US$ in 2006 and was at its lowest, -4.62 billion BoP, current US$, in 2022.
Tanzania ranks 149th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -206.08 million BoP, current US$ | -463.65 million BoP, current US$ | -1.10 million BoP, current US$ | 4 |
| 1980s | -385.31 million BoP, current US$ | -567.81 million BoP, current US$ | -232.03 million BoP, current US$ | 10 |
| 1990s | -321.02 million BoP, current US$ | -644.04 million BoP, current US$ | -63.12 million BoP, current US$ | 10 |
| 2000s | -167.09 million BoP, current US$ | -2.44 billion BoP, current US$ | 4.49 billion BoP, current US$ | 10 |
| 2010s | -2.74 billion BoP, current US$ | -4.51 billion BoP, current US$ | -478.08 million BoP, current US$ | 10 |
| 2020s | -2.82 billion BoP, current US$ | -4.62 billion BoP, current US$ | -1.67 billion BoP, current US$ | 5 |
Countries ranked near Tanzania
- 146 Nigeria -1.69 billion BoP, current US$ compare
- 147 Namibia -1.76 billion BoP, current US$ compare
- 148 Montenegro -1.87 billion BoP, current US$ compare
- 150 Dominican Republic -2.23 billion BoP, current US$ compare
- 151 Mozambique -2.30 billion BoP, current US$ compare
- 152 Palestine -2.32 billion BoP, current US$ compare
More economy & growth data for Tanzania
- External balance on goods and services as a percent of GDP -1.0% (2025)
- Inflation of consumer prices 3.3% (2025)
- GDP per capita 1,153 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.4% (2023)
- Gross domestic product (GDP) 78.82 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,153 constant 2015 US$ (2025)
- DEC alternative conversion factor 2,541 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 788.01 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 310.12 million current US$ (2025)
- Taxes less subsidies on products 42.48 trillion current LCU (2025)
Frequently asked questions
- What is net financial account in Tanzania?
- Net financial account in Tanzania was -2.05 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Tanzania?
- The highest recorded value was 4.49 billion BoP, current US$ in 2006.
- What is the lowest net financial account recorded in Tanzania?
- The lowest recorded value was -4.62 billion BoP, current US$ in 2022.
- How does Tanzania rank for net financial account?
- Tanzania ranks 149th out of 197 countries with data for 2024.
- Is net financial account rising or falling in Tanzania?
- Over the last ten years it is up 38.3%. The long-run trend across the full record is volatile.
- Where does this Tanzania data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.