Personal remittances, paid in Tanzania

Tanzania: Personal remittances, paid was 681.88 million current US$ in 2024. ◆ Volatile

Latest (2024)
681.88 million current US$
Change on year
up 20.5%
World rank
64th
of 195 countries
All-time high
681.88 million current US$
in 2024
All-time low
509,776 current US$
in 1995
Years of data
33
1976–2024

Personal remittances, paid in Tanzania, 1976–2024

0200.0M400.0M600.0M1976200020241976: 6.8M current US$1977: 5.3M current US$1978: 6.1M current US$1995: 509.8k current US$1996: 810.4k current US$1997: 645.3k current US$1998: 4.0M current US$1999: 15.4M current US$2000: 20.3M current US$2001: 29.7M current US$2002: 27.0M current US$2003: 27.1M current US$2004: 33.9M current US$2005: 33.2M current US$2006: 29.7M current US$2007: 39.4M current US$2008: 47.7M current US$2009: 46.6M current US$2010: 123.0M current US$2011: 133.4M current US$2012: 162.4M current US$2013: 129.7M current US$2014: 98.3M current US$2015: 103.8M current US$2016: 108.4M current US$2017: 114.4M current US$2018: 99.1M current US$2019: 87.2M current US$2020: 87.0M current US$2021: 122.2M current US$2022: 162.2M current US$2023: 565.7M current US$2024: 681.9M current US$

Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.

Analysis

Tanzania recorded 681.88 million current US$ for personal remittances, paid in 2024. That is the highest value across all 33 years on record.

Compared with earlier readings it is up 20.5% on the previous year and up 593.8% over ten years.

Over the whole period, personal remittances, paid in Tanzania peaked at 681.88 million current US$ in 2024 and was at its lowest, 509,776 current US$, in 1995.

That places Tanzania 64th out of 195 countries with data for 2024, putting it 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

DecadeAverage LowestHighest Years
1970s 6.07 million current US$ 5.31 million current US$ 6.80 million current US$ 3
1990s 4.28 million current US$ 509,776 current US$ 15.40 million current US$ 5
2000s 33.46 million current US$ 20.30 million current US$ 47.75 million current US$ 10
2010s 115.97 million current US$ 87.21 million current US$ 162.40 million current US$ 10
2020s 323.81 million current US$ 86.97 million current US$ 681.88 million current US$ 5

Countries ranked near Tanzania

  1. 61 Iceland 737.49 million current US$ compare
  2. 62 Iraq 735.70 million current US$ compare
  3. 63 Chile 691.34 million current US$ compare
  4. 65 Latvia 672.18 million current US$ compare
  5. 66 Tajikistan 670.68 million current US$ compare
  6. 67 Costa Rica 665.15 million current US$ compare

See the full ranking of 242 places →

More economy & growth data for Tanzania

All data for Tanzania →

Frequently asked questions

What is personal remittances, paid in Tanzania?
Personal remittances, paid in Tanzania was 681.88 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
What is the highest personal remittances, paid recorded in Tanzania?
The highest recorded value was 681.88 million current US$ in 2024.
What is the lowest personal remittances, paid recorded in Tanzania?
The lowest recorded value was 509,776 current US$ in 1995.
How does Tanzania rank for personal remittances, paid?
Tanzania ranks 64th out of 195 countries with data for 2024.
Is personal remittances, paid rising or falling in Tanzania?
Over the last ten years it is up 593.8%. The long-run trend across the full record is volatile.
Where does this Tanzania data come from?
The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Personal remittances, paid (current US$)
Unit
current US$
Source
IMF balance of payments data, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
242 places, 9,655 data points, 1966–2025
Last refreshed

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.