Workers' remittances, net in Tanzania

Tanzania: Workers' remittances, net was 18.67 million BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
18.67 million BoP, current US$
Change on year
down 25.9%
World rank
24th
of 39 countries
All-time high
25.20 million BoP, current US$
in 2010
All-time low
814,644 BoP, current US$
in 2005
Years of data
7
2005–2011

Workers' remittances, net in Tanzania, 2005–2011

05.0M10.0M15.0M20.0M25.0M2005200820112005: 814.6k BoP, current US$2006: 2.8M BoP, current US$2007: 9.1M BoP, current US$2008: 7.7M BoP, current US$2009: 21.6M BoP, current US$2010: 25.2M BoP, current US$2011: 18.7M BoP, current US$

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

In 2011, workers' remittances, net in Tanzania stood at 18.67 million BoP, current US$.

The figure is down 25.9% on the previous year and up 2,191.2% over ten years.

Tanzania ranks 24th of 39 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.40 million BoP, current US$ 814,644 BoP, current US$ 21.61 million BoP, current US$ 5
2010s 21.93 million BoP, current US$ 18.67 million BoP, current US$ 25.20 million BoP, current US$ 2

Countries ranked near Tanzania

  1. 21 Guinea 31.34 million BoP, current US$ compare
  2. 22 Niger 30.67 million BoP, current US$ compare
  3. 23 Guinea-Bissau 24.50 million BoP, current US$ compare
  4. 25 Burkina Faso 11.33 million BoP, current US$ compare
  5. 26 Seychelles 7.03 million BoP, current US$ compare
  6. 27 Sao Tome and Principe 6.88 million BoP, current US$ compare

See the full ranking of 39 places →

More trade data for Tanzania

All data for Tanzania →

Frequently asked questions

What is workers' remittances, net in Tanzania?
Workers' remittances, net in Tanzania was 18.67 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
What is the highest workers' remittances, net recorded in Tanzania?
The highest recorded value was 25.20 million BoP, current US$ in 2010.
What is the lowest workers' remittances, net recorded in Tanzania?
The lowest recorded value was 814,644 BoP, current US$ in 2005.
How does Tanzania rank for workers' remittances, net?
Tanzania ranks 24th out of 39 countries with data for 2011.
Is workers' remittances, net rising or falling in Tanzania?
Over the last ten years it is up 2,191.2%. The long-run trend across the full record is volatile.
Where does this Tanzania data come from?
The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Workers' remittances, net (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Workers' remittances, net (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
39 places, 262 data points, 2005–2011
Last refreshed

Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. Data are in current U.S. dollars.