Account ownership at a financial institution or with a in Tanzania, United Republic of
Tanzania, United Republic of: Account ownership at a financial institution or with a was 59.8% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Tanzania, United Republic of, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
The most recent figure for account ownership at a financial institution or with a in Tanzania, United Republic of is 59.8%, measured in 2024. That is the highest value across all 5 years on record.
That represents a change of up 14.1% on the previous year and up 50.4% over ten years.
Over the whole period, account ownership at a financial institution or with a in Tanzania, United Republic of peaked at 59.8% in 2024 and was at its lowest, 17.3%, in 2011.
Tanzania, United Republic of ranks 79th of 117 countries on this measure, in the middle of the range.
Account ownership at a financial institution or with a in Tanzania, United Republic of, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 17.3% | — |
| 2014 | 39.8% | +130.5% |
| 2017 | 46.8% | +17.5% |
| 2021 | 52.4% | +12.2% |
| 2024 | 59.8% | +14.1% |
Tanzania, United Republic of compared with similar countries
- Tanzania, United Republic of's 59.8% is above the median for lower middle income countries, which is 56.2%, 1.1× the median. (28 countries reporting)
- Tanzania, United Republic of's 59.8% is above the median for Sub-Saharan Africa, which is 56.5%, 1.1× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 34.6% | 17.3% | 46.8% | 3 |
| 2020s | 56.1% | 52.4% | 59.8% | 2 |
Countries ranked near Tanzania, United Republic of
More financial sector data for Tanzania, United Republic of
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.8467 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Tanzania, United Republic of?
- Account ownership at a financial institution or with a in Tanzania, United Republic of was 59.8% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Tanzania, United Republic of?
- The highest recorded value was 59.8% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Tanzania, United Republic of?
- The lowest recorded value was 17.3% in 2011.
- How does Tanzania, United Republic of rank for account ownership at a financial institution or with a?
- Tanzania, United Republic of ranks 79th out of 117 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Tanzania, United Republic of?
- Over the last ten years it is up 50.4%. The long-run trend across the full record is rising.
- Where does this Tanzania, United Republic of data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+). Statizoid updates them automatically from the source API.
Download this data
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About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (% age 15+).