Gross savings in Tanzania
Tanzania: Gross savings was 28.93 billion current US$ in 2024. ◆ Volatile
Gross savings in Tanzania, 1990–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross savings in Tanzania stood at 28.93 billion current US$. That is the highest value across all 35 years on record.
The figure is up 1.2% on the previous year and up 136.4% over ten years.
Over the whole period, gross savings in Tanzania peaked at 28.93 billion current US$ in 2024 and was at its lowest, 1.89 billion current US$, in 1999.
Tanzania ranks 61st of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.64 billion current US$ | 1.89 billion current US$ | 4.32 billion current US$ | 10 |
| 2000s | 4.76 billion current US$ | 2.29 billion current US$ | 8.63 billion current US$ | 10 |
| 2010s | 12.88 billion current US$ | 7.83 billion current US$ | 19.88 billion current US$ | 10 |
| 2020s | 26.97 billion current US$ | 24.07 billion current US$ | 28.93 billion current US$ | 5 |
Countries ranked near Tanzania
More economy & growth data for Tanzania
- DEC alternative conversion factor 2,541 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 788.01 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 310.12 million current US$ (2025)
- Taxes less subsidies on products 42.48 trillion current LCU (2025)
- Taxes less subsidies on products 16.72 billion current US$ (2025)
- Net primary income (Net income from abroad) -5.27 trillion current LCU (2025)
- Net primary income (Net income from abroad) -2.07 billion current US$ (2025)
- GNI per capita 3.27 million current LCU (2025)
- GNI per capita, Atlas method 1,270 current US$ (2025)
- GNI 223.78 trillion current LCU (2025)
Frequently asked questions
- What is gross savings in Tanzania?
- Gross savings in Tanzania was 28.93 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Tanzania?
- The highest recorded value was 28.93 billion current US$ in 2024.
- What is the lowest gross savings recorded in Tanzania?
- The lowest recorded value was 1.89 billion current US$ in 1999.
- How does Tanzania rank for gross savings?
- Tanzania ranks 61st out of 177 countries with data for 2024.
- Is gross savings rising or falling in Tanzania?
- Over the last ten years it is up 136.4%. The long-run trend across the full record is volatile.
- Where does this Tanzania data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.