Bank or similar financial institution account, poorest 40% in Tanzania, United Republic of

Tanzania, United Republic of: Bank or similar financial institution account, poorest 40% was 15.5% in 2024. ▲ Rising

Latest (2024)
15.5%
Change on year
up 3.3%
World rank
95th
of 102 countries
All-time high
15.5%
in 2024
All-time low
8.8%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, poorest 40% in Tanzania, United Republic of, 2011–2024

0510152011201720242011: 8.8 % age 15+2014: 10.4 % age 15+2017: 13.3 % age 15+2021: 15 % age 15+2024: 15.5 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

The most recent figure for bank or similar financial institution account, poorest 40% in Tanzania, United Republic of is 15.5%, measured in 2024. That is the highest value across all 5 years on record.

That represents a change of up 3.3% on the previous year and up 49.9% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in Tanzania, United Republic of peaked at 15.5% in 2024 and was at its lowest, 8.8%, in 2011.

That places Tanzania, United Republic of 95th out of 102 countries with data for 2024, putting it in the bottom quarter.

Bank or similar financial institution account, poorest 40% in Tanzania, United Republic of, year by year

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in Tanzania, United Republic of, 2011 to 2024.
Year % age 15+ Change
2011 8.8%
2014 10.4% +18.0%
2017 13.3% +28.6%
2021 15.0% +12.9%
2024 15.5% +3.3%

Tanzania, United Republic of compared with similar countries

  • Tanzania, United Republic of's 15.5% is below the median for lower middle income countries, which is 23.8%, 65% of the median. (20 countries reporting)
  • Tanzania, United Republic of's 15.5% is below the median for Sub-Saharan Africa, which is 18.3%, 85% of the median. (17 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 10.8% 8.8% 13.3% 3
2020s 15.3% 15.0% 15.5% 2

Countries ranked near Tanzania, United Republic of

  1. 92 Iraq 18.3% compare
  2. 93 Nicaragua 17.6% compare
  3. 94 Zambia 15.8% compare
  4. 96 Lebanon 15.2% compare
  5. 97 Benin 14.5% compare
  6. 98 Cameroon 13.5% compare

See the full ranking of 114 places →

More reference data data for Tanzania, United Republic of

All data for Tanzania, United Republic of →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in Tanzania, United Republic of?
Bank or similar financial institution account, poorest 40% in Tanzania, United Republic of was 15.5% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in Tanzania, United Republic of?
The highest recorded value was 15.5% in 2024.
What is the lowest bank or similar financial institution account, poorest 40% recorded in Tanzania, United Republic of?
The lowest recorded value was 8.8% in 2011.
How does Tanzania, United Republic of rank for bank or similar financial institution account, poorest 40%?
Tanzania, United Republic of ranks 95th out of 102 countries with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in Tanzania, United Republic of?
Over the last ten years it is up 49.9%. The long-run trend across the full record is rising.
Where does this Tanzania, United Republic of data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, poorest 40% in Tanzania, United Republic of. Statizoid. Retrieved 13 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/tanzania/

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About this data

Indicator
Bank or similar financial institution account, poorest 40% (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed