Saved at a financial institution or using a mobile money account in Tanzania, United Republic of

Tanzania, United Republic of: Saved at a financial institution or using a mobile money account was 25.9% in 2024. ◆ Volatile

Latest (2024)
25.9%
Change on year
up 17.1%
World rank
42nd
of 82 countries
All-time high
25.9%
in 2024
All-time low
6.1%
in 2017
Years of data
5
2011–2024

Saved at a financial institution or using a mobile money account in Tanzania, United Republic of, 2011–2024

5101520252011201720242011: 11.9 % age 15+2014: 9 % age 15+2017: 6.1 % age 15+2021: 22.1 % age 15+2024: 25.9 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

Tanzania, United Republic of recorded 25.9% for saved at a financial institution or using a mobile money account in 2024. That is the highest value across all 5 years on record.

The figure is up 17.1% on the previous year and up 187.7% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in Tanzania, United Republic of peaked at 25.9% in 2024 and was at its lowest, 6.1%, in 2017.

Tanzania, United Republic of ranks 42nd of 82 countries on this measure, in the middle of the range.

Saved at a financial institution or using a mobile money account in Tanzania, United Republic of, year by year

Annual values for Saved at a financial institution or using a mobile money account (% age 15+) in Tanzania, United Republic of, 2011 to 2024.
Year % age 15+ Change
2011 11.9%
2014 9.0% -24.4%
2017 6.1% -32.2%
2021 22.1% +262.4%
2024 25.9% +17.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.0% 6.1% 11.9% 3
2020s 24.0% 22.1% 25.9% 2

Countries ranked near Tanzania, United Republic of

  1. 39 Serbia 26.4% compare
  2. 40 Bolivia, Plurinational State of 26.3% compare
  3. 41 Romania 25.9% compare
  4. 43 Colombia 25.0% compare
  5. 44 Bosnia and Herzegovina 24.1% compare
  6. 45 Philippines 23.9% compare

See the full ranking of 92 places →

More reference data data for Tanzania, United Republic of

All data for Tanzania, United Republic of →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in Tanzania, United Republic of?
Saved at a financial institution or using a mobile money account in Tanzania, United Republic of was 25.9% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in Tanzania, United Republic of?
The highest recorded value was 25.9% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in Tanzania, United Republic of?
The lowest recorded value was 6.1% in 2017.
How does Tanzania, United Republic of rank for saved at a financial institution or using a mobile money account?
Tanzania, United Republic of ranks 42nd out of 82 countries with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in Tanzania, United Republic of?
Over the last ten years it is up 187.7%. The long-run trend across the full record is volatile.
Where does this Tanzania, United Republic of data come from?
The figures come from Global Findex Database, published as part of Saved at a financial institution or using a mobile money account (% age 15+). Statizoid updates them automatically from the source API.

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Saved at a financial institution or using a mobile money account in Tanzania, United Republic of. Statizoid, drawing on Global Findex Database. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/tanzania/

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About this data

Indicator
Saved at a financial institution or using a mobile money account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
92 places, 460 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution or using a mobile money account to save in the past year, (% age 15+)