Secondary income balance (credit less debit), Net (credits less) in Tanzania
Tanzania: Secondary income balance (credit less debit), Net (credits less) was 529.92 million in 2024. ▼ Falling
Secondary income balance (credit less debit), Net (credits less) in Tanzania, 2005–2024
Source: International Monetary Fund.
Analysis
Tanzania recorded 529.92 million for secondary income balance (credit less debit), net (credits less) in 2024.
That represents a change of down 27.7% on the previous year and up 11.0% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Tanzania peaked at 1.05 billion in 2010 and was at its lowest, 382.71 million, in 2016.
Tanzania ranks 85th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Tanzania, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 495.75 million | — |
| 2006 | 588.67 million | +18.7% |
| 2007 | 739.41 million | +25.6% |
| 2008 | 833.83 million | +12.8% |
| 2009 | 891.23 million | +6.9% |
| 2010 | 1.05 billion | +17.9% |
| 2011 | 902.16 million | -14.2% |
| 2012 | 812.09 million | -10.0% |
| 2013 | 775.66 million | -4.5% |
| 2014 | 477.29 million | -38.5% |
| 2015 | 479.93 million | +0.6% |
| 2016 | 382.71 million | -20.3% |
| 2017 | 401.98 million | +5.0% |
| 2018 | 468.53 million | +16.6% |
| 2019 | 418.51 million | -10.7% |
| 2020 | 401.24 million | -4.1% |
| 2021 | 553.74 million | +38.0% |
| 2022 | 599.29 million | +8.2% |
| 2023 | 732.49 million | +22.2% |
| 2024 | 529.92 million | -27.7% |
Tanzania compared with similar countries
- Tanzania's 529.92 million is below the median for lower middle income countries, which is 1.03 billion, 51% of the median. (46 countries reporting)
- Tanzania's 529.92 million is below the median for Sub-Saharan Africa, which is 679.29 million, 78% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 709.78 million | 495.75 million | 891.23 million | 5 |
| 2010s | 617.00 million | 382.71 million | 1.05 billion | 10 |
| 2020s | 563.33 million | 401.24 million | 732.49 million | 5 |
Countries ranked near Tanzania
- 82 Costa Rica 582.39 million compare
- 83 Gambia 554.03 million compare
- 84 French Polynesia 531.65 million compare
- 86 Burundi 505.86 million compare
- 87 Guinea 489.20 million compare
- 88 Cape Verde 466.43 million compare
More financial sector data for Tanzania
- 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 secondary income balance (credit less debit), net (credits less) in Tanzania?
- Secondary income balance (credit less debit), net (credits less) in Tanzania was 529.92 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Tanzania?
- The highest recorded value was 1.05 billion in 2010.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Tanzania?
- The lowest recorded value was 382.71 million in 2016.
- How does Tanzania rank for secondary income balance (credit less debit), net (credits less)?
- Tanzania ranks 85th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Tanzania?
- Over the last ten years it is up 11.0%. The long-run trend across the full record is falling.
- Where does this Tanzania data come from?
- The figures come from International Monetary Fund, published as part of Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.