Tanzania Remittances
Personal remittances received, current US dollars.
Remittances in Tanzania decreased to 1.12 USD billion in 2024 from 1.24 USD billion in 2023.
Tanzania Remittances — History
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Tanzania Remittances — analysis in simple words
Latest reading
Remittances in Tanzania decreased to 1.12 USD billion in 2024 from 1.24 USD billion in 2023.
Over the last three years it rose twice and fell once.
Recent trend
A year earlier (2023) it was $1.24B, so the latest figure is $0.11B lower.
Over the past five years the average was $0.79B, with a range from $0.33B to $1.24B. The latest value is above that five-year average.
Historical context
This data series starts in 1978 and has 31 annual observations. The latest reading is higher than 94% of all of them.
The highest value on record is $1.24B (2023) and the lowest is $0.00B (1978). The long-run average is $0.26B.
Compared with other countries
Among 180 economies with recent data, Tanzania ranks 87th from the top. The median across all these economies is $1.02B, so Tanzania is above the typical country.
Within Sub-Saharan Africa (42 economies with data) it ranks 11th; the regional median is $0.57B.
Statistics
- Latest
- $1.12B2024
- Previous
- $1.24B
- 5-year average
- $0.79B
- Long-run average
- $0.26Bsince 1978
- All-time high
- $1.24B2023
- All-time low
- $0.00B1978
- Observations
- 31Annual
Recent Data
| Period | Value | Change |
|---|---|---|
| 2024 | $1.12B | ▼ −0.11 |
| 2023 | $1.24B | ▲ +0.53 |
| 2022 | $0.70B | ▲ +0.15 |
| 2021 | $0.56B | ▲ +0.23 |
| 2020 | $0.33B | ▼ −0.11 |
| 2019 | $0.43B | ▲ +0.02 |
| 2018 | $0.41B | ▲ +0.01 |
| 2017 | $0.40B | ▲ +0.00 |
| 2016 | $0.40B | ▲ +0.01 |
| 2015 | $0.39B | ▼ −0.00 |
| 2014 | $0.39B | ▲ +0.01 |
| 2013 | $0.38B | ▼ −0.01 |
| 2012 | $0.39B | ▼ −0.02 |
| 2011 | $0.41B | ▲ +0.07 |
| 2010 | $0.34B | ▲ +0.30 |
| 2009 | $0.04B | ▲ +0.00 |
| 2008 | $0.04B | ▲ +0.01 |
| 2007 | $0.03B | ▲ +0.01 |
| 2006 | $0.02B | ▼ −0.00 |
| 2005 | $0.02B | ▲ +0.01 |
| 2004 | $0.01B | ▲ +0.00 |
| 2003 | $0.01B | ▼ −0.00 |
| 2002 | $0.01B | ▼ −0.00 |
| 2001 | $0.02B | ▲ +0.01 |
| 2000 | $0.01B | ▲ +0.00 |
| 1999 | $0.01B | ▼ −0.00 |
| 1998 | $0.01B | ▲ +0.01 |
| 1997 | $0.00B | ▼ −0.02 |
| 1996 | $0.02B | ▲ +0.02 |
| 1995 | $0.00B |
Remittances — Tanzania vs Peers
Latest available reading for each economy (periods may differ). Tanzania highlighted.
More Tanzania indicators
Understanding Remittances — a simple guide
What it measures
Personal remittances received from workers abroad, in current US dollars.
How it is calculated
Money sent home by citizens working abroad, in US dollars.
Workers in the Gulf sending money to families in India are counted here.
High remittances support household income and the current account.
Low remittances mean less income from abroad.
Why it matters for the economy and markets
Remittances are a large and stable source of foreign income for many emerging economies.
How to read it
They tend to be counter-cyclical, rising when the home economy is under stress.
Data source
World Bank — World Development Indicators (series BX.TRF.PWKR.CD.DT), annual data from 1978 to 2024. Values are shown exactly as published by the source and may be revised later.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What is the current remittances of Tanzania?
What is the highest and lowest remittances of Tanzania?
What does remittances measure?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.