Remittance costs as share of amount remitted in Tanzania

Tanzania: Remittance costs as share of amount remitted was 27.92 in 2021. ▬ Flat

Latest (2021)
27.92
Change on year
up 41.5%
World rank
1st
of 46 countries
All-time high
27.92
in 2021
All-time low
14.19
in 2019
Years of data
7
2011–2021

Remittance costs as share of amount remitted in Tanzania, 2011–2021

01020302011201620212011: 24.32015: 16.22017: 14.42018: 16.82019: 14.22020: 19.72021: 27.9

Source: Our World in Data.

Analysis

The most recent figure for remittance costs as share of amount remitted in Tanzania is 27.92, measured in 2021. That is the highest value across all 7 years on record.

That represents a change of up 41.5% on the previous year and up 14.8% over ten years.

Over the whole period, remittance costs as share of amount remitted in Tanzania peaked at 27.92 in 2021 and was at its lowest, 14.19, in 2019.

Tanzania ranks 1st of 46 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2010s 17.17 14.19 24.31 5
2020s 23.83 19.73 27.92 2

Countries ranked near Tanzania

  1. 2 Turkey 22.44 compare
  2. 3 Cameroon 16.56 compare
  3. 4 South Africa 14.81 compare

See the full ranking of 46 places →

More reference data data for Tanzania

All data for Tanzania →

Frequently asked questions

What is remittance costs as share of amount remitted in Tanzania?
Remittance costs as share of amount remitted in Tanzania was 27.92 in 2021, according to Our World in Data.
What is the highest remittance costs as share of amount remitted recorded in Tanzania?
The highest recorded value was 27.92 in 2021.
What is the lowest remittance costs as share of amount remitted recorded in Tanzania?
The lowest recorded value was 14.19 in 2019.
How does Tanzania rank for remittance costs as share of amount remitted?
Tanzania ranks 1st out of 46 countries with data for 2021.
Is remittance costs as share of amount remitted rising or falling in Tanzania?
Over the last ten years it is up 14.8%. The long-run trend across the full record is flat.
Where does this Tanzania data come from?
The figures come from Our World in Data, published as part of Remittance costs as share of amount remitted. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Remittance costs as share of amount remitted
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
46 places, 291 data points, 2011–2021
Last refreshed