Bank concentration in Tanzania

Tanzania: Bank concentration was 80.5% in 2021. ▬ Flat

Latest (2021)
80.5%
Change on year
up 29.2%
World rank
61st
of 169 countries
All-time high
87.1%
in 2004
All-time low
48.2%
in 2015
Years of data
18
2004–2021

Bank concentration in Tanzania, 2004–2021

0204060802004201220212004: 87.1 %2005: 57.5 %2006: 49.5 %2007: 49.9 %2008: 49.4 %2009: 50.7 %2010: 56.3 %2011: 50.9 %2012: 51.8 %2013: 48.6 %2014: 48.7 %2015: 48.2 %2016: 49.7 %2017: 49.3 %2018: 51.6 %2019: 52.2 %2020: 62.3 %2021: 80.5 %

Source: Bankscope, Bureau van Dijk (BvD). Measured in %.

Analysis

In 2021, bank concentration in Tanzania stood at 80.5%.

Compared with earlier readings it is up 29.2% on the previous year and up 58.2% over ten years.

Over the whole period, bank concentration in Tanzania peaked at 87.1% in 2004 and was at its lowest, 48.2%, in 2015.

That places Tanzania 61st out of 169 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 57.3% 49.4% 87.1% 6
2010s 50.7% 48.2% 56.3% 10
2020s 71.4% 62.3% 80.5% 2

Countries ranked near Tanzania

  1. 58 Madagascar 81.8% compare
  2. 59 Denmark 81.8% compare
  3. 60 Singapore 80.8% compare
  4. 62 South Africa 79.4% compare
  5. 63 Senegal 79.4% compare
  6. 64 Germany 79.4% compare

See the full ranking of 169 places →

More financial sector data for Tanzania

All data for Tanzania →

Frequently asked questions

What is bank concentration in Tanzania?
Bank concentration in Tanzania was 80.5% in 2021, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank concentration recorded in Tanzania?
The highest recorded value was 87.1% in 2004.
What is the lowest bank concentration recorded in Tanzania?
The lowest recorded value was 48.2% in 2015.
How does Tanzania rank for bank concentration?
Tanzania ranks 61st out of 169 countries with data for 2021.
Is bank concentration rising or falling in Tanzania?
Over the last ten years it is up 58.2%. The long-run trend across the full record is flat.
Where does this Tanzania data come from?
The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Bank concentration (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 3,296 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.