Services, Credit/Revenue in Tanzania
Tanzania: Services, Credit/Revenue was 6.85 billion in 2024. ▲ Rising
Services, Credit/Revenue in Tanzania, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services, credit/revenue in Tanzania is 6.85 billion, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 9.9% on the previous year and up 101.6% over ten years.
Over the whole period, services, credit/revenue in Tanzania peaked at 6.85 billion in 2024 and was at its lowest, 1.27 billion, in 2005.
Tanzania ranks 87th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Credit/Revenue in Tanzania, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.27 billion | — |
| 2006 | 1.53 billion | +20.4% |
| 2007 | 1.88 billion | +22.8% |
| 2008 | 2.00 billion | +6.6% |
| 2009 | 1.85 billion | -7.2% |
| 2010 | 2.05 billion | +10.3% |
| 2011 | 2.30 billion | +12.4% |
| 2012 | 2.79 billion | +21.1% |
| 2013 | 3.20 billion | +14.9% |
| 2014 | 3.40 billion | +6.1% |
| 2015 | 3.41 billion | +0.5% |
| 2016 | 3.60 billion | +5.5% |
| 2017 | 3.83 billion | +6.5% |
| 2018 | 4.01 billion | +4.8% |
| 2019 | 4.28 billion | +6.6% |
| 2020 | 2.18 billion | -49.0% |
| 2021 | 3.12 billion | +42.8% |
| 2022 | 4.76 billion | +52.7% |
| 2023 | 6.23 billion | +30.9% |
| 2024 | 6.85 billion | +9.9% |
Tanzania compared with similar countries
- Tanzania's 6.85 billion is above the median for lower middle income countries, which is 1.29 billion, 5.3× the median. (46 countries reporting)
- Tanzania's 6.85 billion is above the median for Sub-Saharan Africa, which is 514.12 million, 13.3× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Services, Credit/Revenue in Tanzania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -49.0% | 4.28 billion | 2.18 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.71 billion | 1.27 billion | 2.00 billion | 5 |
| 2010s | 3.29 billion | 2.05 billion | 4.28 billion | 10 |
| 2020s | 4.63 billion | 2.18 billion | 6.85 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, credit/revenue in Tanzania?
- Services, credit/revenue in Tanzania was 6.85 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Tanzania?
- The highest recorded value was 6.85 billion in 2024.
- What is the lowest services, credit/revenue recorded in Tanzania?
- The lowest recorded value was 1.27 billion in 2005.
- How does Tanzania rank for services, credit/revenue?
- Tanzania ranks 87th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Tanzania?
- Over the last ten years it is up 101.6%. The long-run trend across the full record is rising.
- Where does this Tanzania data come from?
- The figures come from International Monetary Fund, published as part of Services, Credit/Revenue (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.