Economic Policy & Debt · Tanzania
Yearly data from 1976 to 2024, from the World Bank.
Tanzania's net financial account (BoP, current US$) was −US$2.05 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 38.29% from −US$3.32 billion in 2014.
| Value | Year | |
|---|---|---|
| Latest | −US$2.05 billion | 2024 |
| Five years earlier | −US$3.71 billion | 2019 |
| Ten years earlier | −US$3.32 billion | 2014 |
| Highest | US$4.49 billion | 2006 |
| Lowest | −US$4.62 billion | 2022 |
| Average since 2015 | −US$2.43 billion | 2015–2024 |
| First recorded | −US$38.1 million | 1976 |
Over five years it is up 44.78% from −US$3.71 billion in 2019. Since 1976 it is down 5,270% from −US$38.1 million in 1976.
In 2024, Tanzania's net financial account (BoP, current US$) rose US$1.52 billion on 2023 (from −US$3.57 billion to −US$2.05 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was −US$101.35 million and a typical year strayed about US$1.78 billion from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$6.03 billion in 2006 and the biggest yearly fall was US$4.96 billion in 2007. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 20% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
In 2024, Tanzania had the 28th highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
| Year | Net financial account (BoP, current US$) |
|---|---|
| 2024 | -2,045,793,780 |
| 2023 | -3,568,885,433 |
| 2022 | -4,623,037,344 |
| 2021 | -2,184,777,193 |
| 2020 | -1,671,856,824 |
| 2019 | -3,705,001,905 |
| 2018 | -2,405,236,273 |
| 2017 | -478,083,461 |
| 2016 | -1,041,222,588 |
| 2015 | -2,610,588,069 |
| 2014 | -3,315,221,613 |
| 2013 | -4,513,072,225 |
| 2012 | -3,553,439,108 |
| 2011 | -3,045,104,281 |
| 2010 | -2,690,709,931 |
| 2009 | -1,615,462,670 |
| 2008 | -2,442,792,039 |
| 2007 | -464,411,073 |
| 2006 | 4,492,158,312 |
| 2005 | -1,538,871,499 |
| 2004 | -135,080,233 |
| 2003 | 212,305,082 |
| 2002 | 154,789,640 |
| 2001 | 161,241,977 |
| 2000 | -494,831,241 |
| 1999 | -644,040,937 |
| 1998 | -418,207,077 |
| 1997 | -144,199,817 |
| 1996 | -63,118,762 |
| 1995 | -368,866,803 |
| 1994 | -229,571,024 |
| 1993 | -528,260,348 |
| 1992 | -248,805,581 |
| 1991 | -382,086,035 |
| 1990 | -183,029,998 |
| 1989 | -348,547,956 |
| 1988 | -417,800,893 |
| 1987 | -351,848,401 |
| 1986 | -361,146,235 |
| 1985 | -414,738,436 |
| 1984 | -232,026,331 |
| 1983 | -366,330,563 |
| 1982 | -465,084,109 |
| 1981 | -327,820,120 |
| 1980 | -567,807,408 |
| 1979 | -321,473,742 |
| 1978 | -463,650,642 |
| 1977 | -1,096,469 |
| 1976 | -38,099,728 |
Every indicator for Tanzania is on the Tanzania data page.
World Bank, World Development Indicators, indicator BN.FIN.TOTL.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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