Foreign banks among total banks (%) in Tanzania
Tanzania: Foreign banks among total banks (%) was 67.0% in 2013. ▲ Rising
Foreign banks among total banks in Tanzania, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
Tanzania recorded 67.0% for foreign banks among total banks in 2013. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 28.8% over ten years.
Over the whole period, foreign banks among total banks in Tanzania peaked at 67.0% in 2011 and was at its lowest, 52.0%, in 1998.
Tanzania ranks 32nd of 137 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks (%) in Tanzania, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 55.0% | — |
| 1996 | 57.0% | +3.6% |
| 1997 | 53.0% | -7.0% |
| 1998 | 52.0% | -1.9% |
| 1999 | 57.0% | +9.6% |
| 2000 | 57.0% | +0.0% |
| 2001 | 57.0% | +0.0% |
| 2002 | 55.0% | -3.5% |
| 2003 | 52.0% | -5.5% |
| 2004 | 58.0% | +11.5% |
| 2005 | 63.0% | +8.6% |
| 2006 | 63.0% | +0.0% |
| 2007 | 62.0% | -1.6% |
| 2008 | 62.0% | +0.0% |
| 2009 | 63.0% | +1.6% |
| 2010 | 65.0% | +3.2% |
| 2011 | 67.0% | +3.1% |
| 2012 | 67.0% | +0.0% |
| 2013 | 67.0% | +0.0% |
Tanzania compared with similar countries
- Tanzania's 67.0% is above the median for lower middle income countries, which is 43.0%, 1.6× the median. (31 countries reporting)
- Tanzania's 67.0% is above the median for Sub-Saharan Africa, which is 60.0%, 1.1× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 54.8% | 52.0% | 57.0% | 5 |
| 2000s | 59.2% | 52.0% | 63.0% | 10 |
| 2010s | 66.5% | 65.0% | 67.0% | 4 |
Countries ranked near Tanzania
- 30 Panama 69.0% compare
- 30 Peru 69.0% compare
- 32 Mali 67.0% compare
- 32 North Macedonia 67.0% compare
- 32 Slovak Republic 67.0% 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 foreign banks among total banks in Tanzania?
- Foreign banks among total banks in Tanzania was 67.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Tanzania?
- The highest recorded value was 67.0% in 2011.
- What is the lowest foreign banks among total banks recorded in Tanzania?
- The lowest recorded value was 52.0% in 1998.
- How does Tanzania rank for foreign banks among total banks?
- Tanzania ranks 32nd out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Tanzania?
- Over the last ten years it is up 28.8%. The long-run trend across the full record is rising.
- Where does this Tanzania data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.