Wealth share of the richest 1% in Tanzania
Tanzania: Wealth share of the richest 1% was 29.8% in 2024. ▲ Rising
Wealth share of the richest 1% in Tanzania, 1980–2024
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for wealth share of the richest 1% in Tanzania is 29.8%, measured in 2024.
Compared with earlier readings it is up 0.4% on the previous year and up 2.9% over ten years.
Over the whole period, wealth share of the richest 1% in Tanzania peaked at 30.2% in 2019 and was at its lowest, 24.2%, in 1990.
That places Tanzania 60th out of 215 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Wealth share of the richest 1% in Tanzania, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 24.2% | — |
| 1981 | 24.2% | -0.0% |
| 1982 | 24.2% | +0.0% |
| 1983 | 24.2% | +0.0% |
| 1984 | 24.2% | -0.0% |
| 1985 | 24.2% | +0.0% |
| 1986 | 24.2% | +0.0% |
| 1987 | 24.2% | +0.0% |
| 1988 | 24.2% | +0.0% |
| 1989 | 24.2% | +0.0% |
| 1990 | 24.2% | -0.0% |
| 1991 | 24.2% | +0.0% |
| 1992 | 24.3% | +0.3% |
| 1993 | 24.4% | +0.5% |
| 1994 | 24.5% | +0.3% |
| 1995 | 24.6% | +0.2% |
| 1996 | 24.6% | +0.2% |
| 1997 | 24.7% | +0.3% |
| 1998 | 24.8% | +0.5% |
| 1999 | 24.9% | +0.2% |
| 2000 | 25.0% | +0.6% |
| 2001 | 25.3% | +1.2% |
| 2002 | 25.6% | +1.3% |
| 2003 | 25.9% | +1.1% |
| 2004 | 26.2% | +1.0% |
| 2005 | 26.6% | +1.6% |
| 2006 | 27.1% | +1.7% |
| 2007 | 28.0% | +3.6% |
| 2008 | 27.8% | -0.8% |
| 2009 | 27.4% | -1.4% |
| 2010 | 27.1% | -1.3% |
| 2011 | 26.8% | -0.8% |
| 2012 | 27.4% | +2.2% |
| 2013 | 28.1% | +2.3% |
| 2014 | 29.0% | +3.4% |
| 2015 | 30.1% | +4.0% |
| 2016 | 29.5% | -2.1% |
| 2017 | 30.1% | +2.1% |
| 2018 | 30.1% | -0.1% |
| 2019 | 30.2% | +0.3% |
| 2020 | 29.9% | -0.9% |
| 2021 | 29.9% | -0.1% |
| 2022 | 29.7% | -0.6% |
| 2023 | 29.7% | -0.1% |
| 2024 | 29.8% | +0.4% |
Tanzania compared with similar countries
- Tanzania's 29.8% is above the median for lower middle income countries, which is 27.2%, 1.1× the median. (47 countries reporting)
- Tanzania's 29.8% is above the median for Sub-Saharan Africa, which is 26.3%, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 24.2% | 24.2% | 24.2% | 10 |
| 1990s | 24.5% | 24.2% | 24.9% | 10 |
| 2000s | 26.5% | 25.0% | 28.0% | 10 |
| 2010s | 28.8% | 26.8% | 30.2% | 10 |
| 2020s | 29.8% | 29.7% | 29.9% | 5 |
Countries ranked near Tanzania
- 57 Saudi Arabia 30.1% compare
- 58 Poland 29.9% compare
- 59 Palestine 29.9% compare
- 61 Sao Tome and Principe 28.9% compare
- 62 Comoros 28.8% compare
- 63 Central African Republic 28.8% compare
More reference data data for Tanzania
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.6405 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 11.44 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 14.14 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.7582 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 14.14 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.15 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.26 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 59.37 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 72.45 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 4.13 (2050)
Frequently asked questions
- What is wealth share of the richest 1% in Tanzania?
- Wealth share of the richest 1% in Tanzania was 29.8% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest wealth share of the richest 1% recorded in Tanzania?
- The highest recorded value was 30.2% in 2019.
- What is the lowest wealth share of the richest 1% recorded in Tanzania?
- The lowest recorded value was 24.2% in 1990.
- How does Tanzania rank for wealth share of the richest 1%?
- Tanzania ranks 60th out of 215 countries with data for 2024.
- Is wealth share of the richest 1% rising or falling in Tanzania?
- Over the last ten years it is up 2.9%. The long-run trend across the full record is rising.
- Where does this Tanzania data come from?
- The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.
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About this data
Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.