Share of adults with an account at a financial institution in Tanzania

Tanzania: Share of adults with an account at a financial institution was 59.8% in 2024. ▲ Rising

Latest (2024)
59.8%
Change on year
up 14.1%
World rank
77th
of 115 countries
All-time high
59.8%
in 2024
All-time low
17.3%
in 2011
Years of data
5
2011–2024

Share of adults with an account at a financial institution in Tanzania, 2011–2024

20304050602011201720242011: 17.3 % age 15+2014: 39.8 % age 15+2017: 46.8 % age 15+2021: 52.4 % age 15+2024: 59.8 % age 15+

Source: Global Findex Database - World Bank (2026) – processed by Our World in Data. Measured in % age 15+.

Analysis

The most recent figure for share of adults with an account at a financial institution in Tanzania is 59.8%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 14.1% on the previous year and up 50.4% over ten years.

Over the whole period, share of adults with an account at a financial institution in Tanzania peaked at 59.8% in 2024 and was at its lowest, 17.3%, in 2011.

Tanzania ranks 77th of 115 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 34.6% 17.3% 46.8% 3
2020s 56.1% 52.4% 59.8% 2

Countries ranked near Tanzania

  1. 74 Botswana 61.4% compare
  2. 75 Cameroon 60.9% compare
  3. 76 Nepal 60.0% compare
  4. 78 Uzbekistan 59.7% compare
  5. 79 Peru 59.3% compare
  6. 80 Togo 57.4% compare

See the full ranking of 115 places →

More reference data data for Tanzania

All data for Tanzania →

Frequently asked questions

What is share of adults with an account at a financial institution in Tanzania?
Share of adults with an account at a financial institution in Tanzania was 59.8% in 2024, according to Global Findex Database - World Bank (2026) – processed by Our World in Data.
What is the highest share of adults with an account at a financial institution recorded in Tanzania?
The highest recorded value was 59.8% in 2024.
What is the lowest share of adults with an account at a financial institution recorded in Tanzania?
The lowest recorded value was 17.3% in 2011.
How does Tanzania rank for share of adults with an account at a financial institution?
Tanzania ranks 77th out of 115 countries with data for 2024.
Is share of adults with an account at a financial institution rising or falling in Tanzania?
Over the last ten years it is up 50.4%. The long-run trend across the full record is rising.
Where does this Tanzania data come from?
The figures come from Global Findex Database - World Bank (2026) – processed by Our World in Data, published as part of Share of adults with an account at a financial institution. Statizoid updates them automatically from the source API.

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About this data

Indicator
Share of adults with an account at a financial institution
Unit
% age 15+
Source
Global Findex Database - World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

The share of respondents aged 15 and older, who report having an account (by themselves or with someone else) at a bank or another type of financial institution.