Tanzania: Savings, percent of GDP

The latest value from 2024 is 36.51 percent, an increase from 36.15 percent in 2023. In comparison, the world average is 22.67 percent, based on data from 143 countries. Historically, the average for Tanzania from 1990 to 2024 is 28.98 percent. The minimum value, 14.87 percent, was reached in 1999 while the maximum of 38.71 percent was recorded in 1997. See the global rankings for that indicator or use the country comparator to compare trends over time.

The savings in Tanzania and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.