Tanzania's personal transfers, receipts (current US$, BoP) was US$1.04 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 190.33% from US$357.61 million in 2014 (11.25% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.04 billion | 2024 |
| Five years earlier | US$371.41 million | 2019 |
| Ten years earlier | US$357.61 million | 2014 |
| Highest | US$1.15 billion | 2023 |
| Lowest | US$1.9 million | 2003 |
| Average since 2015 | US$551.36 million | 2015–2024 |
| First recorded | US$5.3 million |
What the numbers say
In 2024, Tanzania's personal transfers, receipts (current US$, BoP) fell 9.7% on 2023 (from US$1.15 billion to US$1.04 billion).
Across the 22 yearly changes before that (2002 to 2023), the average change was +72.2% and a typical year strayed about 229% from that (the standard deviation). This year's change was 0.4 standard deviations below 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 1,067.7% in 2010 and the biggest yearly fall was 62% in 2003. 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 the straight-line trend is upward, about US$80.85 million a year. A straight line explains 65% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Tanzania had the 8th highest value of the 27 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.
| Value | Year | |
|---|---|---|
| Tanzania | US$1.04 billion | 2024 |
| World | US$567.33 billion | 2023 |
| Sub-Saharan Africa | US$54.16 billion | 2024 |
| Lower middle income | US$329.04 billion | 2024 |
Closest to Tanzania in the 2024 ranking
- Zimbabwe — 5th of 27: US$3.51 billion
- Kyrgyz Republic — 6th of 27: US$3.2 billion
- Côte d'Ivoire — 7th of 27: US$1.63 billion
- Mali — 9th of 27: US$992.12 million
- Liberia — 10th of 27: US$946.54 million
- Guinea — 11th of 27: US$610.5 million
What this measures
Personal transfers are current transfers, in cash or in kind, received by resident households from non-resident households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 24 values
| Year | Personal transfers, receipts (current US$, BoP) |
|---|---|
| 2024 | 1,038,254,909 |
| 2023 | 1,149,981,179 |
| 2022 | 640,159,437 |
| 2021 | 535,405,054 |
| 2020 | 312,699,390 |
| 2019 | 371,412,527 |
| 2018 | 365,479,968 |
| 2017 | 363,354,888 |
| 2016 | 371,554,458 |
| 2015 | 365,305,890 |
Personal transfers, receipts (current US$, BoP) in nearby economies
- Angola — US$13.53 million (2025)
- Benin — US$313.86 million (2023)
- Botswana — US$143.36 million (2025)
- Burkina Faso — US$537.52 million (2024)
- Burundi — US$240.45 million (2025)
- Cabo Verde — US$338.3 million (2025)
- Cameroon — US$593.65 million (2024)
- Comoros — US$301.04 million (2023)
- Congo, Dem. Rep. — US$3.22 billion (2025)
- Congo, Rep.
More economic policy & debt data for Tanzania
- GDP (current US$) — US$90.14 billion (2025)
- GDP (current LCU) — 229.06 trillion (2025)
- GDP (constant 2015 US$) — US$78.82 billion (2025)
- GDP (constant LCU) — 156.85 trillion (2025)
- GDP per capita (current US$) — US$1,319 (2025)
- GDP per capita (current LCU) — 3.35 million (2025)
- GDP per capita (constant 2015 US$) — US$1,153 (2025)
- GDP per capita (constant LCU) — 2.29 million (2025)
- GNI (current US$) — US$88.07 billion (2025)
- GNI (current LCU) — 223.78 trillion (2025)
- GNI per capita (current LCU) — 3.27 million (2025)
Reading data like this
Questions people ask
- What is Tanzania's personal transfers, receipts (current US$, BoP)?
- US$1.04 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2001?
- It is up 19,490% from US$5.3 million in 2001 (25.79% a year on average, compounded). The highest value was US$1.15 billion in 2023 and the lowest US$1.9 million in 2003.
- How does Tanzania rank?
- 8th highest of 27 economies with data for 2024.
- Is the latest change in personal transfers, receipts (current US$, BoP) unusual for Tanzania?
- In 2024, Tanzania's personal transfers, receipts (current US$, BoP) fell 9.7% on 2023 (from US$1.15 billion to US$1.04 billion). Across the 22 yearly changes before that (2002 to 2023), the average change was +72.2% and a typical year strayed about 229% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BX.TRF.PWKR.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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