Remittances to Tanzania: World Bank data
Tanzania received US$1.12 billion in personal remittances in 2024, equal to 1.42% of GDP and down 9.3% on 2023, according to the World Bank. That ranks it 81st of the 163 economies with 2024 data. Personal remittances paid out of Tanzania were US$682 million in 2024, 58th of the 166 economies with 2024 data.
| Received (2024) | US$1.12 billion source |
| Share of GDP (2024) | 1.42% source |
| Change since 2019 | +159.1% (from US$433 million) |
| Highest year on record | 2023 (US$1.24 billion) |
| Paid out (2024) | US$682 million source |
| Region and income group | Sub-Saharan Africa , lower middle income |
Remittances received by year
What it costs to send
Sending the US$200 equivalent to Tanzania cost 4.88% to 17.30% on average across the 3 corridors the World Bank surveyed in Q3 2025: every corridor to Tanzania.
Sending from Tanzania cost 45.11% to 62.68% across 3 corridors: every corridor from Tanzania.
Related
Where Polynopsis fits
Remittances are paid out by banks, payout partners and mobile wallets that money transfer companies keep funded ahead of demand. Polynopsis is liquidity software for those companies: one live position across every bank, payout partner and wallet, with a warning before a corridor runs dry.
Data: World Bank, World Development Indicators (BX.TRF.PWKR.CD.DT, BX.TRF.PWKR.DT.GD.ZS, BM.TRF.PWKR.CD.DT), last updated 2026-10-08, licensed CC BY 4.0. Ranks are worked out by Polynopsis from the same data.
Know where all your money is.
Polynopsis gives cross-border payment teams one live position across every bank, payout partner, exchange and wallet, including money in flight, and warns before a corridor runs dry.
About Polynopsis
Polynopsis is liquidity management software for cross-border payment companies. The name joins poly, many, and synopsis, a seeing together: one live view of money spread across many banks, payout partners, exchanges and stablecoin wallets, including money in flight, with a warning before any corridor runs dry.
Why it is called Polynopsis · About Polynopsis · Glossary · Corridor runway calculator