Wealth share of the richest 1% in Tanzania

Tanzania: Wealth share of the richest 1% was 29.8% in 2024. ▲ Rising

Latest (2024)
29.8%
Change on year
up 0.4%
World rank
60th
of 215 countries
All-time high
30.2%
in 2019
All-time low
24.2%
in 1990
Years of data
45
1980–2024

Wealth share of the richest 1% in Tanzania, 1980–2024

01020301980200220241980: 24.2 %1981: 24.2 %1982: 24.2 %1983: 24.2 %1984: 24.2 %1985: 24.2 %1986: 24.2 %1987: 24.2 %1988: 24.2 %1989: 24.2 %1990: 24.2 %1991: 24.2 %1992: 24.3 %1993: 24.4 %1994: 24.5 %1995: 24.6 %1996: 24.6 %1997: 24.7 %1998: 24.8 %1999: 24.9 %2000: 25 %2001: 25.3 %2002: 25.6 %2003: 25.9 %2004: 26.2 %2005: 26.6 %2006: 27.1 %2007: 28 %2008: 27.8 %2009: 27.4 %2010: 27.1 %2011: 26.8 %2012: 27.4 %2013: 28.1 %2014: 29 %2015: 30.1 %2016: 29.5 %2017: 30.1 %2018: 30.1 %2019: 30.2 %2020: 29.9 %2021: 29.9 %2022: 29.7 %2023: 29.7 %2024: 29.8 %

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

Annual values for Wealth share of the richest 1% in Tanzania, 1980 to 2024.
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

DecadeAverage LowestHighest 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

  1. 57 Saudi Arabia 30.1% compare
  2. 58 Poland 29.9% compare
  3. 59 Palestine 29.9% compare
  4. 61 Sao Tome and Principe 28.9% compare
  5. 62 Comoros 28.8% compare
  6. 63 Central African Republic 28.8% compare

See the full ranking of 215 places →

More reference data data for Tanzania

All data for Tanzania →

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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Wealth share of the richest 1% in Tanzania. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/wealth-share-richest/tanzania/

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About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

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.