Mongolia vs Tanzania: Deposit interest rate (%)
Mongolia
6.6%
in 2021
Tanzania
6.7%
in 2020
Mongolia rank
43rd
Tanzania rank
42nd
Deposit interest rate (%) over time
- Mongolia
- Tanzania
How they compare
Tanzania currently reports 6.7% against 6.6% in Mongolia, a difference of 0.1%.
Across all 29 years both countries report, Mongolia has been ahead every year.
Mongolia ranks 43rd and Tanzania ranks 42nd of 153 countries.
Mongolia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Mongolia | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 138.5% | 14.8% | 123.8% | Mongolia |
| 2000s | 13.7% | 5.9% | 7.8% | Mongolia |
| 2010s | 12.1% | 9.0% | 3.1% | Mongolia |
| 2020s | 10.3% | 6.7% | 3.6% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit interest rate, Mongolia or Tanzania?
- Tanzania, at 6.7% against 6.6% in Mongolia as of 2020.
- What is the difference in deposit interest rate between Mongolia and Tanzania?
- 0.1%, with Tanzania ahead.
- How many years of comparable data are there for Mongolia and Tanzania?
- 29 years are reported by both, from 1992 to 2020.
- How do Mongolia and Tanzania rank globally for deposit interest rate?
- Mongolia ranks 43rd and Tanzania ranks 42nd of 153 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Deposit interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.