Personal remittances, received in Tanzania, United Republic of
Tanzania, United Republic of: Personal remittances, received was 1.4% in 2024. ◆ Volatile
Personal remittances, received in Tanzania, United Republic of, 1978–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for personal remittances, received in Tanzania, United Republic of is 1.4%, measured in 2024.
That represents a change of down 9.5% on the previous year and up 81.9% over ten years.
Over the whole period, personal remittances, received in Tanzania, United Republic of peaked at 1.6% in 2023 and was at its lowest, 0.0%, in 1978.
That places Tanzania, United Republic of 117th out of 196 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.
Personal remittances, received in Tanzania, United Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1978 | 0.0% | — |
| 1995 | 0.0% | +686.5% |
| 1996 | 0.2% | +1759.7% |
| 1997 | 0.0% | -93.1% |
| 1998 | 0.1% | +564.6% |
| 1999 | 0.1% | -40.0% |
| 2000 | 0.1% | +5.6% |
| 2001 | 0.1% | +88.0% |
| 2002 | 0.1% | -24.5% |
| 2003 | 0.1% | -31.1% |
| 2004 | 0.1% | +41.4% |
| 2005 | 0.1% | +27.2% |
| 2006 | 0.1% | -21.5% |
| 2007 | 0.1% | +41.0% |
| 2008 | 0.1% | +13.1% |
| 2009 | 0.1% | +2.8% |
| 2010 | 1.1% | +693.9% |
| 2011 | 1.2% | +9.9% |
| 2012 | 1.0% | -16.7% |
| 2013 | 0.8% | -15.0% |
| 2014 | 0.8% | -6.9% |
| 2015 | 0.8% | +5.0% |
| 2016 | 0.8% | -1.1% |
| 2017 | 0.8% | -6.5% |
| 2018 | 0.7% | -4.2% |
| 2019 | 0.7% | -1.9% |
| 2020 | 0.5% | -30.5% |
| 2021 | 0.8% | +60.1% |
| 2022 | 0.9% | +17.6% |
| 2023 | 1.6% | +68.6% |
| 2024 | 1.4% | -9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 1 |
| 1990s | 0.1% | 0.0% | 0.2% | 5 |
| 2000s | 0.1% | 0.1% | 0.1% | 10 |
| 2010s | 0.9% | 0.7% | 1.2% | 10 |
| 2020s | 1.0% | 0.5% | 1.6% | 5 |
Countries ranked near Tanzania, United Republic of
More economy & growth data for Tanzania, United Republic of
- 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)
- Exports of goods and services (current LCU), annual growth rate 7.06 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 482.4 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 616,413 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate -5.02 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.1337 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 170.89 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 16.74 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.4222 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is personal remittances, received in Tanzania, United Republic of?
- Personal remittances, received in Tanzania, United Republic of was 1.4% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Tanzania, United Republic of?
- The highest recorded value was 1.6% in 2023.
- What is the lowest personal remittances, received recorded in Tanzania, United Republic of?
- The lowest recorded value was 0.0% in 1978.
- How does Tanzania, United Republic of rank for personal remittances, received?
- Tanzania, United Republic of ranks 117th out of 196 countries with data for 2024.
- Is personal remittances, received rising or falling in Tanzania, United Republic of?
- Over the last ten years it is up 81.9%. The long-run trend across the full record is volatile.
- Where does this Tanzania, United Republic of data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). 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.