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Personal remittances received in Tanzania as a share of GDP

Published by
Lars Kamer,
Sep 8, 2022
As of 2020, personal remittances received in Tanzania made out 0.6 percent of the country's Gross Domestic Product (GDP), registering an all-time-low share since 2010. The highest share of GDP was measured at 1.2 percent in 2011. Following that year, the share started sinking gradually.

Personal remittances received in Tanzania as a share of GDP from 2010 to 2020

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Sources

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Release date

May 2021

Region

Tanzania

Survey time period

2010 to 2020

Supplementary notes

According to the source, all data shown are the World Bank’s calculations based on data from IMF Balance of Payments Statistics database and data releases from central banks, national statistical agencies, and World Bank country desks. Trends over time are not directly comparable due to changes in measurement. Also, the data often do not include remittances sent by migrants via money transfer operators (i.e. Western Union) or informal transfers (i.e. friends, relatives).

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