Trade in services in Tanzania, United Republic of
Tanzania, United Republic of: Trade in services was 12.2% in 2024. ▲ Rising
Trade in services in Tanzania, United Republic of, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for trade in services in Tanzania, United Republic of is 12.2%, measured in 2024.
Compared with earlier readings it is up 11.5% on the previous year and up 0.6% over ten years.
Over the whole period, trade in services in Tanzania, United Republic of peaked at 18.1% in 1995 and was at its lowest, 1.9%, in 1983.
That places Tanzania, United Republic of 152nd out of 200 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Trade in services in Tanzania, United Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1976 | 4.3% | — |
| 1977 | 3.5% | -18.0% |
| 1978 | 4.1% | +15.8% |
| 1979 | 3.9% | -5.0% |
| 1980 | 4.0% | +4.7% |
| 1981 | 3.3% | -17.7% |
| 1982 | 2.2% | -33.5% |
| 1983 | 1.9% | -13.7% |
| 1984 | 2.2% | +14.0% |
| 1985 | 2.1% | -5.7% |
| 1986 | 2.9% | +43.8% |
| 1987 | 4.2% | +42.9% |
| 1988 | 5.1% | +22.0% |
| 1989 | 6.1% | +18.1% |
| 1990 | 6.8% | +11.4% |
| 1991 | 6.1% | -9.1% |
| 1992 | 7.7% | +24.5% |
| 1993 | 16.7% | +118.8% |
| 1994 | 14.1% | -15.9% |
| 1995 | 18.1% | +28.7% |
| 1996 | 16.6% | -8.6% |
| 1997 | 11.6% | -30.1% |
| 1998 | 12.7% | +9.5% |
| 1999 | 11.0% | -13.4% |
| 2000 | 9.8% | -10.8% |
| 2001 | 11.5% | +17.8% |
| 2002 | 11.0% | -4.7% |
| 2003 | 11.0% | +0.1% |
| 2004 | 12.6% | +14.9% |
| 2005 | 13.5% | +6.5% |
| 2006 | 14.9% | +10.8% |
| 2007 | 15.0% | +0.9% |
| 2008 | 13.1% | -13.0% |
| 2009 | 12.2% | -7.1% |
| 2010 | 12.3% | +1.0% |
| 2011 | 13.0% | +5.8% |
| 2012 | 13.0% | -0.2% |
| 2013 | 12.5% | -3.9% |
| 2014 | 12.1% | -3.0% |
| 2015 | 12.7% | +4.8% |
| 2016 | 11.3% | -10.9% |
| 2017 | 10.9% | -3.0% |
| 2018 | 10.4% | -4.8% |
| 2019 | 9.9% | -4.6% |
| 2020 | 5.3% | -46.7% |
| 2021 | 6.7% | +26.1% |
| 2022 | 9.5% | +42.7% |
| 2023 | 10.9% | +14.4% |
| 2024 | 12.2% | +11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.9% | 3.5% | 4.3% | 4 |
| 1980s | 3.4% | 1.9% | 6.1% | 10 |
| 1990s | 12.1% | 6.1% | 18.1% | 10 |
| 2000s | 12.5% | 9.8% | 15.0% | 10 |
| 2010s | 11.8% | 9.9% | 13.0% | 10 |
| 2020s | 8.9% | 5.3% | 12.2% | 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)
- Final consumption expenditure (constant 2015 US$), per capita 711.3 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 13.38 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 1,291 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 10.89 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 2,566 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 3.28 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 6.94 % change on previous year (2025)
Frequently asked questions
- What is trade in services in Tanzania, United Republic of?
- Trade in services in Tanzania, United Republic of was 12.2% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Tanzania, United Republic of?
- The highest recorded value was 18.1% in 1995.
- What is the lowest trade in services recorded in Tanzania, United Republic of?
- The lowest recorded value was 1.9% in 1983.
- How does Tanzania, United Republic of rank for trade in services?
- Tanzania, United Republic of ranks 152nd out of 200 countries with data for 2024.
- Is trade in services rising or falling in Tanzania, United Republic of?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is rising.
- Where does this Tanzania, United Republic of data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.