Discount Rate, Percent per annum in Tanzania, United Republic of
Tanzania, United Republic of: Discount Rate, Percent per annum was 5 in 2020. βΌ Falling
Discount Rate, Percent per annum in Tanzania, United Republic of, 2008β2020
Source: International Monetary Fund.
Analysis
The most recent figure for discount rate, percent per annum in Tanzania, United Republic of 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, United Republic of peaked at 16 in 2013 and was at its lowest, 3.7, in 2009.
That places Tanzania, United Republic of 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.
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, United Republic of
- 33 Trinidad and Tobago 5.5 compare
- 34 North Macedonia 5.35 compare
- 35 Seychelles 5.13
- 36 Syrian Arab Republic 5
- 38 Israel 4.6 compare
- 39 Philippines 4.12 compare
More financial sector data for Tanzania, United Republic of
- Net domestic credit (current LCU), per capita 693,682 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 600.22 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 9.44 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2014)
- Gold reserves at market value 0 SDR (2014)
- Reserves excluding gold, foreign exchange 3.55 billion SDR (2018)
- Reserves excluding gold 3.63 billion SDR (2018)
- Total reserves (gold at market value) 3.63 billion SDR (2018)
- Total reserves (gold at national valuation) 3.63 billion SDR (2018)
- Domestic credit to private sector by banks 16.6% (2024)
Frequently asked questions
- What is discount rate, percent per annum in Tanzania, United Republic of?
- Discount rate, percent per annum in Tanzania, United Republic of was 5 in 2020, according to International Monetary Fund.
- What is the highest discount rate, percent per annum recorded in Tanzania, United Republic of?
- The highest recorded value was 16 in 2013.
- What is the lowest discount rate, percent per annum recorded in Tanzania, United Republic of?
- The lowest recorded value was 3.7 in 2009.
- How does Tanzania, United Republic of rank for discount rate, percent per annum?
- Tanzania, United Republic of ranks 36th out of 70 countries with data for 2020.
- Is discount rate, percent per annum rising or falling in Tanzania, United Republic of?
- Over the last ten years it is down 34.0%. The long-run trend across the full record is falling.
- Where does this Tanzania, United Republic of 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.