Remittances in Tanzania

Tanzania: Remittances was 1.42 in 2024. ◆ Volatile

Latest (2024)
1.42
Change on year
down 9.5%
World rank
115th
of 194 countries
All-time high
1.57
in 2023
All-time low
0.0014
in 1978
Years of data
31
1978–2024

Remittances in Tanzania, 1978–2024

00.511.51978200120241978: 0.0011995: 0.0111996: 0.2051997: 0.0141998: 0.0941999: 0.0572000: 0.062001: 0.1122002: 0.0852003: 0.0592004: 0.0832005: 0.1052006: 0.0832007: 0.1162008: 0.1322009: 0.1352010: 1.12011: 1.22012: 0.9842013: 0.8372014: 0.7792015: 0.8182016: 0.8092017: 0.7562018: 0.7242019: 0.712020: 0.4942021: 0.792022: 0.9292023: 1.62024: 1.4

Source: Our World in Data.

Analysis

The most recent figure for remittances in Tanzania is 1.42, measured in 2024.

The figure is down 9.5% on the previous year and up 81.9% over ten years.

Over the whole period, remittances in Tanzania peaked at 1.57 in 2023 and was at its lowest, 0.0014, in 1978.

Tanzania ranks 115th of 194 countries on this measure, in the middle of the range.

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

Remittances in Tanzania, year by year

Annual values for Remittances in Tanzania, 1978 to 2024.
Year Value Change
1978 0.0014 —
1995 0.011 +686.5%
1996 0.2048 +1759.7%
1997 0.0142 -93.1%
1998 0.0945 +564.6%
1999 0.0567 -40.0%
2000 0.0598 +5.6%
2001 0.1125 +88.0%
2002 0.0849 -24.5%
2003 0.0585 -31.1%
2004 0.0828 +41.4%
2005 0.1053 +27.2%
2006 0.0826 -21.5%
2007 0.1165 +41.0%
2008 0.1317 +13.1%
2009 0.1355 +2.8%
2010 1.08 +693.9%
2011 1.18 +9.9%
2012 0.9839 -16.7%
2013 0.8367 -15.0%
2014 0.7792 -6.9%
2015 0.8178 +5.0%
2016 0.8087 -1.1%
2017 0.7558 -6.5%
2018 0.7244 -4.2%
2019 0.7103 -1.9%
2020 0.4937 -30.5%
2021 0.7903 +60.1%
2022 0.9291 +17.6%
2023 1.57 +68.6%
2024 1.42 -9.5%

Tanzania compared with similar countries

  • Tanzania's 1.42 is below the median for lower middle income countries, which is 6.01, 24% of the median. (47 countries reporting)
  • Tanzania's 1.42 is below the median for Sub-Saharan Africa, which is 2.52, 56% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Remittances 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
1996 +1759.7% 0.011 0.2048
2010 +693.9% 0.1355 1.08
1995 +686.5% 0.0014 0.011
1998 +564.6% 0.0142 0.0945

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0014 0.0014 0.0014 1
1990s 0.0762 0.011 0.2048 5
2000s 0.097 0.0585 0.1355 10
2010s 0.8674 0.7103 1.18 10
2020s 1.04 0.4937 1.57 5

Countries ranked near Tanzania

  1. 112 Laos 1.49 compare
  2. 113 Barbados 1.46 compare
  3. 114 Lithuania 1.44 compare
  4. 116 Slovenia 1.37 compare
  5. 117 Djibouti 1.35 compare
  6. 118 Nauru 1.33 compare

See the full ranking of 194 places →

More reference data data for Tanzania

All data for Tanzania →

Frequently asked questions

What is remittances in Tanzania?
Remittances in Tanzania was 1.42 in 2024, according to Our World in Data.
What is the highest remittances recorded in Tanzania?
The highest recorded value was 1.57 in 2023.
What is the lowest remittances recorded in Tanzania?
The lowest recorded value was 0.0014 in 1978.
How does Tanzania rank for remittances?
Tanzania ranks 115th out of 194 countries with data for 2024.
Is remittances rising or falling in Tanzania?
Over the last ten years it is up 81.9%. The long-run trend across the full record is volatile.
Where does this Tanzania data come from?
The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.

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Remittances in Tanzania. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/tanzania/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed