Remittances received — all countries

Remittances received — Tanzania

Remittances received in Tanzania in 2024 — 1,123,259,919 US$. Ranked 80 in the world out of 160. Since 1978, the indicator has risen by 866,163.7%.

2024 1.12B US$ −9.26% vs 2023
World rank 80of 160
Period maximum 1.24B US$2023
Period minimum 129,667 US$1978

Trend over time

1978–2024 · US$

Remittances received — Tanzania, 1978–20240500M1B1.5B19781983198819931998200320082013201820231978: 129,667 US$1995: 840,348 US$1996: 19,318,019 US$1997: 1,586,284 US$1998: 11,500,423 US$1999: 7,200,009 US$2000: 8,000,015 US$2001: 15,253,000 US$2002: 12,000,000 US$2003: 8,900,000 US$2004: 13,798,418 US$2005: 19,366,300 US$2006: 15,380,675 US$2007: 25,461,384 US$2008: 36,819,748 US$2009: 39,827,094 US$2010: 344,287,553 US$2011: 409,563,366 US$2012: 390,138,888 US$2013: 381,930,784 US$2014: 389,485,169 US$2015: 387,768,775 US$2016: 402,531,458 US$2017: 402,634,722 US$2018: 412,910,078 US$2019: 433,499,813 US$2020: 326,160,728 US$2021: 558,427,114 US$2022: 703,752,775 US$2023: 1,237,899,449 US$2024: 1,123,259,919 US$
Change over the period: +1.12B (+866,163.68%) Average annual rate: 21.79 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Tanzania

Tanzania 1.12B US$
World 857B US$
Sub-Saharan Africa 57.23B US$
Eastern Africa computed 20.5B US$
Lower-middle-income countries computed 416B US$
Remittances received — Tanzania, by year Tanzania All countries CSV XLSX
Year US$ Change Change, %
2024 1.12B −115M −9.26%
2023 1.24B +534M +75.9%
2022 704M +145M +26.02%
2021 558M +232M +71.21%
2020 326M −107M −24.76%
2019 433M +20.59M +4.99%
2018 413M +10.28M +2.55%
2017 403M +103,263 +0.03%
2016 403M +14.76M +3.81%
2015 388M −1.72M −0.44%
2014 389M +7.55M +1.98%
2013 382M −8.21M −2.1%
2012 390M −19.42M −4.74%
2011 410M +65.28M +18.96%
2010 344M +304M +764.46%
2009 39.83M +3.01M +8.17%
2008 36.82M +11.36M +44.61%
2007 25.46M +10.08M +65.54%
2006 15.38M −3.99M −20.58%
2005 19.37M +5.57M +40.35%
2004 13.8M +4.9M +55.04%
2003 8.9M −3.1M −25.83%
2002 12M −3.25M −21.33%
2001 15.25M +7.25M +90.66%
2000 8M +800,006 +11.11%
1999 7.2M −4.3M −37.39%
1998 11.5M +9.91M +624.99%
1997 1.59M −17.73M −91.79%
1996 19.32M +18.48M +2,198.81%
1995 840,348
1978 129,667

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

Source: World Development Indicators (World Bank), license CC BY 4.0.