Remittances, annual growth rate in Tanzania

Tanzania: Remittances, annual growth rate was -9.5 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-9.5 % change on previous year
Change on year
down 113.8%
World rank
147th
of 189 countries
All-time high
693.92 % change on previous year
in 2010
All-time low
-93.06 % change on previous year
in 1997
Years of data
28
1997–2024

Remittances, annual growth rate in Tanzania, 1997–2024

02004006001997201020241997: -93.1 % change on previous year1998: 564.6 % change on previous year1999: -40 % change on previous year2000: 5.6 % change on previous year2001: 88 % change on previous year2002: -24.5 % change on previous year2003: -31.1 % change on previous year2004: 41.4 % change on previous year2005: 27.2 % change on previous year2006: -21.5 % change on previous year2007: 41 % change on previous year2008: 13.1 % change on previous year2009: 2.8 % change on previous year2010: 693.9 % change on previous year2011: 9.9 % change on previous year2012: -16.7 % change on previous year2013: -15 % change on previous year2014: -6.9 % change on previous year2015: 5 % change on previous year2016: -1.1 % change on previous year2017: -6.5 % change on previous year2018: -4.2 % change on previous year2019: -1.9 % change on previous year2020: -30.5 % change on previous year2021: 60.1 % change on previous year2022: 17.6 % change on previous year2023: 68.6 % change on previous year2024: -9.5 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, remittances, annual growth rate in Tanzania stood at -9.5 % change on previous year.

The figure is down 113.8% on the previous year and down 38.2% over ten years.

Over the whole period, remittances, annual growth rate in Tanzania peaked at 693.92 % change on previous year in 2010 and was at its lowest, -93.06 % change on previous year, in 1997.

That places Tanzania 147th out of 189 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Remittances, annual growth rate in Tanzania, year by year

Annual values for Remittances, annual growth rate in Tanzania, 1997 to 2024.
Year % change on previous year Change
1997 -93.06 % change on previous year —
1998 564.57 % change on previous year -706.7%
1999 -40.01 % change on previous year -107.1%
2000 5.57 % change on previous year -113.9%
2001 87.96 % change on previous year +1480.5%
2002 -24.48 % change on previous year -127.8%
2003 -31.11 % change on previous year +27.1%
2004 41.45 % change on previous year -233.2%
2005 27.21 % change on previous year -34.3%
2006 -21.54 % change on previous year -179.2%
2007 41 % change on previous year -290.4%
2008 13.11 % change on previous year -68.0%
2009 2.82 % change on previous year -78.5%
2010 693.92 % change on previous year +24481.8%
2011 9.88 % change on previous year -98.6%
2012 -16.74 % change on previous year -269.4%
2013 -14.97 % change on previous year -10.6%
2014 -6.87 % change on previous year -54.1%
2015 4.96 % change on previous year -172.2%
2016 -1.12 % change on previous year -122.5%
2017 -6.55 % change on previous year +486.8%
2018 -4.16 % change on previous year -36.5%
2019 -1.93 % change on previous year -53.5%
2020 -30.5 % change on previous year +1476.9%
2021 60.1 % change on previous year -297.0%
2022 17.55 % change on previous year -70.8%
2023 68.6 % change on previous year +290.9%
2024 -9.5 % change on previous year -113.8%

Tanzania compared with similar countries

  • Tanzania's -9.5 % change on previous year is below the median for lower middle income countries, which is -0.8794 % change on previous year, 10.8× the median. (47 countries reporting)
  • Tanzania's -9.5 % change on previous year is below the median for Sub-Saharan Africa, which is -0.6476 % change on previous year, 14.7× the median. (44 countries reporting)

Biggest year-on-year movements

Years where Remittances, annual growth rate in Tanzania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2010 +24481.8% 2.82 % change on previous year 693.92 % change on previous year
2001 +1480.5% 5.57 % change on previous year 87.96 % change on previous year
2020 -1476.9% -1.93 % change on previous year -30.5 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 143.83 % change on previous year -93.06 % change on previous year 564.57 % change on previous year 3
2000s 14.2 % change on previous year -31.11 % change on previous year 87.96 % change on previous year 10
2010s 65.64 % change on previous year -16.74 % change on previous year 693.92 % change on previous year 10
2020s 21.25 % change on previous year -30.5 % change on previous year 68.6 % change on previous year 5

Countries ranked near Tanzania

  1. 144 Bhutan -8.58 % change on previous year compare
  2. 145 Malta -9.15 % change on previous year compare
  3. 146 North Macedonia -9.41 % change on previous year compare
  4. 148 Aruba -9.62 % change on previous year compare
  5. 149 Bulgaria -9.74 % change on previous year compare
  6. 150 Djibouti -10.27 % change on previous year compare

See the full ranking of 189 places →

More reference data data for Tanzania

All data for Tanzania →

Frequently asked questions

What is remittances, annual growth rate in Tanzania?
Remittances, annual growth rate in Tanzania was -9.5 % change on previous year in 2024, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in Tanzania?
The highest recorded value was 693.92 % change on previous year in 2010.
What is the lowest remittances, annual growth rate recorded in Tanzania?
The lowest recorded value was -93.06 % change on previous year in 1997.
How does Tanzania rank for remittances, annual growth rate?
Tanzania ranks 147th out of 189 countries with data for 2024.
Is remittances, annual growth rate rising or falling in Tanzania?
Over the last ten years it is down 38.2%. The long-run trend across the full record is volatile.
Where does this Tanzania data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

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Remittances, annual growth rate in Tanzania. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/tanzania/

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How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.