Net financial account in Tanzania
Tanzania: Net financial account was -2.05 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
-2.05 billion BoP, current US$
Change on year
up 42.7%
World rank
151st
of 199 countries
All-time high
4.49 billion BoP, current US$
in 2006
All-time low
-4.62 billion BoP, current US$
in 2022
Years of data
49
1976–2024
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$, in 2022.
Tanzania ranks 151st of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial account in Tanzania, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | -38.10 million BoP, current US$ | — |
| 1977 | -1.10 million BoP, current US$ | -97.1% |
| 1978 | -463.65 million BoP, current US$ | +42185.8% |
| 1979 | -321.47 million BoP, current US$ | -30.7% |
| 1980 | -567.81 million BoP, current US$ | +76.6% |
| 1981 | -327.82 million BoP, current US$ | -42.3% |
| 1982 | -465.08 million BoP, current US$ | +41.9% |
| 1983 | -366.33 million BoP, current US$ | -21.2% |
| 1984 | -232.03 million BoP, current US$ | -36.7% |
| 1985 | -414.74 million BoP, current US$ | +78.7% |
| 1986 | -361.15 million BoP, current US$ | -12.9% |
| 1987 | -351.85 million BoP, current US$ | -2.6% |
| 1988 | -417.80 million BoP, current US$ | +18.7% |
| 1989 | -348.55 million BoP, current US$ | -16.6% |
| 1990 | -183.03 million BoP, current US$ | -47.5% |
| 1991 | -382.09 million BoP, current US$ | +108.8% |
| 1992 | -248.81 million BoP, current US$ | -34.9% |
| 1993 | -528.26 million BoP, current US$ | +112.3% |
| 1994 | -229.57 million BoP, current US$ | -56.5% |
| 1995 | -368.87 million BoP, current US$ | +60.7% |
| 1996 | -63.12 million BoP, current US$ | -82.9% |
| 1997 | -144.20 million BoP, current US$ | +128.5% |
| 1998 | -418.21 million BoP, current US$ | +190.0% |
| 1999 | -644.04 million BoP, current US$ | +54.0% |
| 2000 | -494.83 million BoP, current US$ | -23.2% |
| 2001 | 161.24 million BoP, current US$ | -132.6% |
| 2002 | 154.79 million BoP, current US$ | -4.0% |
| 2003 | 212.31 million BoP, current US$ | +37.2% |
| 2004 | -135.08 million BoP, current US$ | -163.6% |
| 2005 | -1.54 billion BoP, current US$ | +1039.2% |
| 2006 | 4.49 billion BoP, current US$ | -391.9% |
| 2007 | -464.41 million BoP, current US$ | -110.3% |
| 2008 | -2.44 billion BoP, current US$ | +426.0% |
| 2009 | -1.62 billion BoP, current US$ | -33.9% |
| 2010 | -2.69 billion BoP, current US$ | +66.6% |
| 2011 | -3.05 billion BoP, current US$ | +13.2% |
| 2012 | -3.55 billion BoP, current US$ | +16.7% |
| 2013 | -4.51 billion BoP, current US$ | +27.0% |
| 2014 | -3.32 billion BoP, current US$ | -26.5% |
| 2015 | -2.61 billion BoP, current US$ | -21.3% |
| 2016 | -1.04 billion BoP, current US$ | -60.1% |
| 2017 | -478.08 million BoP, current US$ | -54.1% |
| 2018 | -2.41 billion BoP, current US$ | +403.1% |
| 2019 | -3.71 billion BoP, current US$ | +54.0% |
| 2020 | -1.67 billion BoP, current US$ | -54.9% |
| 2021 | -2.18 billion BoP, current US$ | +30.7% |
| 2022 | -4.62 billion BoP, current US$ | +111.6% |
| 2023 | -3.57 billion BoP, current US$ | -22.8% |
| 2024 | -2.05 billion BoP, current US$ | -42.7% |
Tanzania compared with similar countries
- Tanzania's -2.05 billion BoP, current US$ is below the median for lower middle income countries, which is -230.67 million BoP, current US$, 8.9× the median. (47 countries reporting)
- Tanzania's -2.05 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -534.57 million BoP, current US$, 3.8× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net financial account in Tanzania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | -42185.8% | -1.10 million BoP, current US$ | -463.65 million BoP, current US$ |
| 2005 | -1039.2% | -135.08 million BoP, current US$ | -1.54 billion BoP, current US$ |
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
- 148 Nigeria -1.69 billion BoP, current US$ compare
- 149 Namibia -1.76 billion BoP, current US$ compare
- 150 Montenegro -1.87 billion BoP, current US$ compare
- 152 Dominican Republic -2.23 billion BoP, current US$ compare
- 153 Mozambique -2.30 billion BoP, current US$ compare
- 154 Palestine -2.32 billion BoP, 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)
- 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$), annual growth rate -14.24 % change on previous year (2018)
Frequently asked questions
- What is net financial account in Tanzania?
- Net financial account in Tanzania was -2.05 billion BoP, current US$ 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 151st out of 199 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.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.