Discount Rate, Percent per annum in Tanzania
Tanzania: Discount Rate, Percent per annum was 5 in 2020. ▼ Falling
Discount Rate, Percent per annum in Tanzania, 2008–2020
Source: International Monetary Fund.
Analysis
The most recent figure for discount rate, percent per annum in Tanzania is 5, measured in 2020.
Compared with earlier readings it is down 28.6% on the previous year and down 34.0% over ten years.
Over the whole period, discount rate, percent per annum in Tanzania peaked at 16 in 2013 and was at its lowest, 3.7, in 2009.
That places Tanzania 36th out of 70 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Discount Rate, Percent per annum in Tanzania, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 15.99 | — |
| 2009 | 3.7 | -76.9% |
| 2010 | 7.58 | +104.9% |
| 2011 | 12 | +58.3% |
| 2012 | 12 | +0.0% |
| 2013 | 16 | +33.3% |
| 2014 | 16 | +0.0% |
| 2015 | 16 | +0.0% |
| 2016 | 16 | +0.0% |
| 2017 | 9 | -43.8% |
| 2018 | 7 | -22.2% |
| 2019 | 7 | +0.0% |
| 2020 | 5 | -28.6% |
Tanzania compared with similar countries
- Tanzania's 5 is below the median for lower middle income countries, which is 9, 56% of the median. (21 countries reporting)
- Tanzania's 5 is below the median for Sub-Saharan Africa, which is 7.08, 71% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.85 | 3.7 | 15.99 | 2 |
| 2010s | 11.86 | 7 | 16 | 10 |
| 2020s | 5 | 5 | 5 | 1 |
Countries ranked near Tanzania
- 33 Trinidad and Tobago 5.5 compare
- 34 North Macedonia 5.35 compare
- 35 Seychelles 5.13
- 36 Syria 5
- 38 Israel 4.6 compare
- 39 Philippines 4.12 compare
More financial sector data for Tanzania
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.8467 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is discount rate, percent per annum in Tanzania?
- Discount rate, percent per annum in Tanzania was 5 in 2020, according to International Monetary Fund.
- What is the highest discount rate, percent per annum recorded in Tanzania?
- The highest recorded value was 16 in 2013.
- What is the lowest discount rate, percent per annum recorded in Tanzania?
- The lowest recorded value was 3.7 in 2009.
- How does Tanzania rank for discount rate, percent per annum?
- Tanzania ranks 36th out of 70 countries with data for 2020.
- Is discount rate, percent per annum rising or falling in Tanzania?
- Over the last ten years it is down 34.0%. The long-run trend across the full record is falling.
- Where does this Tanzania data come from?
- The figures come from International Monetary Fund, published as part of Discount Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.