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 170 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 170 countries with data for 2021, putting it in the middle of the range.

Bank concentration (%) in Tanzania, year by year

Annual values for Bank concentration (%) in Tanzania, 2004 to 2021.
Year % Change
2004 87.1% —
2005 57.5% -34.0%
2006 49.5% -13.8%
2007 49.9% +0.8%
2008 49.4% -1.1%
2009 50.7% +2.7%
2010 56.3% +11.0%
2011 50.9% -9.6%
2012 51.8% +1.8%
2013 48.6% -6.1%
2014 48.7% +0.1%
2015 48.2% -1.0%
2016 49.7% +3.3%
2017 49.3% -0.9%
2018 51.6% +4.7%
2019 52.2% +1.1%
2020 62.3% +19.4%
2021 80.5% +29.2%

Tanzania compared with similar countries

  • Tanzania's 80.5% is above the median for lower middle income countries, which is 68.4%, 1.2× the median. (38 countries reporting)
  • Tanzania's 80.5% is above the median for Sub-Saharan Africa, which is 77.1%, 1.0× the median. (40 countries reporting)

Biggest year-on-year movements

Years where Bank concentration (%) in Tanzania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2005 -34.0% 87.1% 57.5%
2021 +29.2% 62.3% 80.5%

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 170 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 170 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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Bank concentration in Tanzania. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 10 November 2026, from https://financial-sector.statizoid.com/stat/bank-concentration-percent/tanzania/

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About this data

Indicator
Bank concentration (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
170 places, 3,314 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.