Domestic credit to private sector in Tanzania, United Republic of
Tanzania, United Republic of: Domestic credit to private sector was 13.2% in 2020. ▲ Rising
Domestic credit to private sector in Tanzania, United Republic of, 1988–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Tanzania, United Republic of recorded 13.2% for domestic credit to private sector in 2020.
Compared with earlier readings it is up 4.3% on the previous year and up 12.3% over ten years.
Over the whole period, domestic credit to private sector in Tanzania, United Republic of peaked at 14.6% in 2015 and was at its lowest, 1.6%, in 1988.
Tanzania, United Republic of ranks 169th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Domestic credit to private sector in Tanzania, United Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1988 | 1.6% | — |
| 1989 | 14.1% | +787.9% |
| 1990 | 13.9% | -1.1% |
| 1991 | 14.0% | +0.9% |
| 1992 | 9.7% | -30.5% |
| 1993 | 10.8% | +10.8% |
| 1994 | 9.7% | -10.2% |
| 1995 | 6.7% | -31.4% |
| 1996 | 3.1% | -53.5% |
| 1997 | 3.5% | +14.6% |
| 1998 | 2.9% | -17.0% |
| 1999 | 3.2% | +8.5% |
| 2000 | 3.1% | -2.5% |
| 2001 | 4.1% | +32.2% |
| 2002 | 5.2% | +26.9% |
| 2003 | 6.2% | +18.5% |
| 2004 | 7.1% | +14.8% |
| 2005 | 7.4% | +4.5% |
| 2006 | 9.8% | +31.9% |
| 2007 | 11.5% | +17.1% |
| 2008 | 11.9% | +3.9% |
| 2009 | 11.3% | -5.4% |
| 2010 | 11.7% | +4.0% |
| 2011 | 12.4% | +5.4% |
| 2012 | 12.8% | +3.8% |
| 2013 | 12.5% | -2.2% |
| 2014 | 13.3% | +6.1% |
| 2015 | 14.6% | +9.8% |
| 2016 | 13.7% | -6.5% |
| 2017 | 13.1% | -4.4% |
| 2018 | 12.7% | -2.8% |
| 2019 | 12.6% | -0.7% |
| 2020 | 13.2% | +4.3% |
Tanzania, United Republic of compared with similar countries
- Tanzania, United Republic of's 13.2% is below the median for lower middle income countries, which is 24.7%, 53% of the median. (46 countries reporting)
- Tanzania, United Republic of's 13.2% is below the median for Sub-Saharan Africa, which is 16.1%, 82% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector in Tanzania, United Republic of 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.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +787.9% | 1.6% | 14.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.8% | 1.6% | 14.1% | 2 |
| 1990s | 7.8% | 2.9% | 14.0% | 10 |
| 2000s | 7.8% | 3.1% | 11.9% | 10 |
| 2010s | 12.9% | 11.7% | 14.6% | 10 |
| 2020s | 13.2% | 13.2% | 13.2% | 1 |
Countries ranked near Tanzania, United Republic of
More financial sector data for Tanzania, United Republic of
- 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 domestic credit to private sector in Tanzania, United Republic of?
- Domestic credit to private sector in Tanzania, United Republic of was 13.2% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Tanzania, United Republic of?
- The highest recorded value was 14.6% in 2015.
- What is the lowest domestic credit to private sector recorded in Tanzania, United Republic of?
- The lowest recorded value was 1.6% in 1988.
- How does Tanzania, United Republic of rank for domestic credit to private sector?
- Tanzania, United Republic of ranks 169th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Tanzania, United Republic of?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is rising.
- Where does this Tanzania, United Republic of data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.