Latin America & Caribbean vs Tanzania: Interest rate spread
Interest rate spread over time
- Latin America & Caribbean
- Tanzania
How they compare
Tanzania currently reports 10.0% against 6.1% in Latin America & Caribbean, a difference of 3.9%.
That makes Tanzania's figure about 1.6 times Latin America & Caribbean's.
The two have swapped places 4 times across 29 shared years of data; in 1992 it was Tanzania ahead.
Latin America & Caribbean ranks 18th and Tanzania ranks 19th of 40 groups.
Tanzania has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.1% | 14.2% | 6.1% | Tanzania |
| 2000s | 7.5% | 10.5% | 3.0% | Tanzania |
| 2010s | 7.1% | 7.2% | 0.0% | Tanzania |
| 2020s | 6.4% | 10.0% | 3.6% | Tanzania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Latin America & Caribbean or Tanzania?
- Tanzania, at 10.0% against 6.1% in Latin America & Caribbean as of 2020.
- What is the difference in interest rate spread between Latin America & Caribbean and Tanzania?
- 3.9%, with Tanzania ahead.
- How many years of comparable data are there for Latin America & Caribbean and Tanzania?
- 29 years are reported by both, from 1992 to 2020.
- How do Latin America & Caribbean and Tanzania rank globally for interest rate spread?
- Latin America & Caribbean ranks 18th and Tanzania ranks 19th of 40 groups.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Interest rate spread (lending rate minus deposit rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest 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.