Personal remittances, received in Tanzania
Tanzania: Personal remittances, received was 1.12 billion current US$ in 2024. ◆ Volatile
Personal remittances, received in Tanzania, 1978–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, personal remittances, received in Tanzania stood at 1.12 billion current US$.
Compared with earlier readings it is down 9.3% on the previous year and up 188.4% over ten years.
Over the whole period, personal remittances, received in Tanzania peaked at 1.24 billion current US$ in 2023 and was at its lowest, 129,667 current US$, in 1978.
That places Tanzania 89th out of 195 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 129,667 current US$ | 129,667 current US$ | 129,667 current US$ | 1 |
| 1990s | 8.09 million current US$ | 840,348 current US$ | 19.32 million current US$ | 5 |
| 2000s | 19.48 million current US$ | 8.00 million current US$ | 39.83 million current US$ | 10 |
| 2010s | 395.48 million current US$ | 344.29 million current US$ | 433.50 million current US$ | 10 |
| 2020s | 789.90 million current US$ | 326.16 million current US$ | 1.24 billion current US$ | 5 |
Countries ranked near Tanzania
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 personal remittances, received in Tanzania?
- Personal remittances, received in Tanzania was 1.12 billion current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Tanzania?
- The highest recorded value was 1.24 billion current US$ in 2023.
- What is the lowest personal remittances, received recorded in Tanzania?
- The lowest recorded value was 129,667 current US$ in 1978.
- How does Tanzania rank for personal remittances, received?
- Tanzania ranks 89th out of 195 countries with data for 2024.
- Is personal remittances, received rising or falling in Tanzania?
- Over the last ten years it is up 188.4%. The long-run trend across the full record is volatile.
- Where does this Tanzania data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.