Migrant remittance outflows in Tanzania

Tanzania: Migrant remittance outflows was 115.60 million current US$ in 2011. ◆ Volatile

Latest (2011)
115.60 million current US$
Change on year
up 87.7%
World rank
10th
of 49 countries
All-time high
115.60 million current US$
in 2011
All-time low
509,776 current US$
in 1995
Years of data
20
1976–2011

Migrant remittance outflows in Tanzania, 1976–2011

025.0M50.0M75.0M100.0M125.0M1976199320111976: 6.8M current US$1977: 5.3M current US$1978: 6.1M current US$1995: 509.8k current US$1996: 810.4k current US$1997: 645.3k current US$1998: 4.0M current US$1999: 15.4M current US$2000: 20.3M current US$2001: 29.7M current US$2002: 27.0M current US$2003: 27.1M current US$2004: 33.9M current US$2005: 33.2M current US$2006: 29.7M current US$2007: 39.4M current US$2008: 47.7M current US$2009: 46.6M current US$2010: 61.6M current US$2011: 115.6M current US$

Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.

Analysis

The most recent figure for migrant remittance outflows in Tanzania is 115.60 million current US$, measured in 2011. That is the highest value across all 20 years on record.

That represents a change of up 87.7% on the previous year and up 289.6% over ten years.

Over the whole period, migrant remittance outflows in Tanzania peaked at 115.60 million current US$ in 2011 and was at its lowest, 509,776 current US$, in 1995.

That places Tanzania 10th out of 49 countries with data for 2011, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.07 million current US$ 5.31 million current US$ 6.80 million current US$ 3
1990s 4.28 million current US$ 509,776 current US$ 15.40 million current US$ 5
2000s 33.46 million current US$ 20.30 million current US$ 47.75 million current US$ 10
2010s 88.60 million current US$ 61.60 million current US$ 115.60 million current US$ 2

Countries ranked near Tanzania

  1. 7 Senegal 216.45 million current US$ compare
  2. 8 Gabon 185.59 million current US$ compare
  3. 9 Mali 175.88 million current US$ compare
  4. 11 Congo 102.24 million current US$ compare
  5. 12 Burkina Faso 99.31 million current US$ compare
  6. 13 Botswana 96.44 million current US$ compare

See the full ranking of 55 places →

More trade data for Tanzania

All data for Tanzania →

Frequently asked questions

What is migrant remittance outflows in Tanzania?
Migrant remittance outflows in Tanzania was 115.60 million current US$ in 2011, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008.
What is the highest migrant remittance outflows recorded in Tanzania?
The highest recorded value was 115.60 million current US$ in 2011.
What is the lowest migrant remittance outflows recorded in Tanzania?
The lowest recorded value was 509,776 current US$ in 1995.
How does Tanzania rank for migrant remittance outflows?
Tanzania ranks 10th out of 49 countries with data for 2011.
Is migrant remittance outflows rising or falling in Tanzania?
Over the last ten years it is up 289.6%. The long-run trend across the full record is volatile.
Where does this Tanzania data come from?
The figures come from World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, published as part of Migrant remittance outflows (current US$). Statizoid updates them automatically from the source API.

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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Migrant remittance outflows (current US$)
Unit
current US$
Source
World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
55 places, 1,636 data points, 1970–2011
Last refreshed

Migrants’ remittances are defined as the sum of worker’s remittances,