Services balance (credit less debit), Net (credits less debits) (US) in Tanzania
Tanzania: Services balance (credit less debit), Net (credits less debits) (US) was 4.05 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Tanzania, 2005–2024
Source: International Monetary Fund.
Analysis
Tanzania recorded 4.05 billion for services balance (credit less debit), net (credits less debits) in 2024. That is the highest value across all 20 years on record.
That represents a change of up 5.6% on the previous year and up 441.9% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Tanzania peaked at 4.05 billion in 2024 and was at its lowest, 61.84 million, in 2005.
That places Tanzania 34th out of 197 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) (US) in Tanzania, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 61.84 million | — |
| 2006 | 278.72 million | +350.7% |
| 2007 | 462.06 million | +65.8% |
| 2008 | 336.91 million | -27.1% |
| 2009 | 132.69 million | -60.6% |
| 2010 | 156.87 million | +18.2% |
| 2011 | 92.25 million | -41.2% |
| 2012 | 427.53 million | +363.5% |
| 2013 | 713.18 million | +66.8% |
| 2014 | 747.69 million | +4.8% |
| 2015 | 816.51 million | +9.2% |
| 2016 | 1.58 billion | +93.4% |
| 2017 | 1.83 billion | +15.9% |
| 2018 | 2.09 billion | +14.1% |
| 2019 | 2.49 billion | +19.3% |
| 2020 | 864.74 million | -65.3% |
| 2021 | 1.51 billion | +74.7% |
| 2022 | 2.30 billion | +52.0% |
| 2023 | 3.84 billion | +67.0% |
| 2024 | 4.05 billion | +5.6% |
Tanzania compared with similar countries
- Tanzania's 4.05 billion is above the median for lower middle income countries, which is -329.10 million. (46 countries reporting)
- Tanzania's 4.05 billion is above the median for Sub-Saharan Africa, which is -399.59 million. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 254.44 million | 61.84 million | 462.06 million | 5 |
| 2010s | 1.09 billion | 92.25 million | 2.49 billion | 10 |
| 2020s | 2.51 billion | 864.74 million | 4.05 billion | 5 |
Countries ranked near Tanzania
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 services balance (credit less debit), net (credits less debits) in Tanzania?
- Services balance (credit less debit), net (credits less debits) in Tanzania was 4.05 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Tanzania?
- The highest recorded value was 4.05 billion in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Tanzania?
- The lowest recorded value was 61.84 million in 2005.
- How does Tanzania rank for services balance (credit less debit), net (credits less debits)?
- Tanzania ranks 34th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Tanzania?
- Over the last ten years it is up 441.9%. The long-run trend across the full record is volatile.
- Where does this Tanzania data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.