Lending interest rate — all countries

Lending interest rate — Tanzania

Lending interest rate in Tanzania in 2020 — 16.68%. Ranked 96 in the world out of 112. Since 1992, the indicator has fallen by 10.68 pp.

2020 16.68% −0.29 pp vs 2019
World rank 96of 112
Period maximum 37.81%1995
Period minimum 14.14%2004

Trend over time

1992–2020 · % per annum

Lending interest rate — Tanzania, 1992–20201020304019921995199820012004200720102013201620191992: 27.36%1993: 27.36%1994: 34.42%1995: 37.81%1996: 33.97%1997: 26.27%1998: 22.89%1999: 21.89%2000: 21.58%2001: 20.06%2002: 16.4%2003: 14.52%2004: 14.14%2005: 15.25%2006: 15.65%2007: 16.07%2008: 14.98%2009: 15.03%2010: 14.54%2011: 14.96%2012: 15.56%2013: 15.86%2014: 16.29%2015: 16.11%2016: 15.96%2017: 17.77%2018: 17.41%2019: 16.97%2020: 16.68%
Change over the period: −10.68 pp Annual average: -0.38 pp
Lending interest rate — Tanzania, by year Tanzania All countries CSV XLSX
Year % Change, pp
2020 16.68 −0.29 pp
2019 16.97 −0.44 pp
2018 17.41 −0.36 pp
2017 17.77 +1.82 pp
2016 15.96 −0.15 pp
2015 16.11 −0.19 pp
2014 16.29 +0.43 pp
2013 15.86 +0.3 pp
2012 15.56 +0.59 pp
2011 14.96 +0.42 pp
2010 14.54 −0.49 pp
2009 15.03 +0.05 pp
2008 14.98 −1.09 pp
2007 16.07 +0.42 pp
2006 15.65 +0.4 pp
2005 15.25 +1.11 pp
2004 14.14 −0.38 pp
2003 14.52 −1.88 pp
2002 16.4 −3.66 pp
2001 20.06 −1.52 pp
2000 21.58 −0.32 pp
1999 21.89 −1 pp
1998 22.89 −3.38 pp
1997 26.27 −7.7 pp
1996 33.97 −3.84 pp
1995 37.81 +3.38 pp
1994 34.42 +7.06 pp
1993 27.36 +0 pp
1992 27.36

About the indicator

The average rate at which banks extend short- and medium-term credit to the private sector. The methodology differs across countries — different maturities, types of borrower, collateral — so levels are not strictly comparable; the movement within a country, on the other hand, is telling and tracks the decisions of the central bank closely.

Important: There are no aggregates for country groups: rates can only be averaged by the volume of credit, and we have no such series. The difference between the lending and the deposit rate is the interest spread, an indirect measure of the efficiency of a banking system.

Source: World Economic Outlook (IMF), license IMF open data.