Interest rate spread in Tanzania, United Republic of
Tanzania, United Republic of: Interest rate spread was 10.0% in 2020. ▼ Falling
Interest rate spread in Tanzania, United Republic of, 1992–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
The most recent figure for interest rate spread in Tanzania, United Republic of is 10.0%, measured in 2020.
The figure is up 1.3% on the previous year and up 26.2% over ten years.
Over the whole period, interest rate spread in Tanzania, United Republic of peaked at 20.4% in 1996 and was at its lowest, 5.5%, in 2016.
Tanzania, United Republic of ranks 19th of 141 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Interest rate spread in Tanzania, United Republic of, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1992 | 10.4% | — |
| 1993 | 9.6% | -7.5% |
| 1994 | 12.5% | +30.8% |
| 1995 | 13.2% | +5.1% |
| 1996 | 20.4% | +54.6% |
| 1997 | 18.4% | -9.5% |
| 1998 | 15.1% | -17.9% |
| 1999 | 14.1% | -6.6% |
| 2000 | 14.2% | +0.3% |
| 2001 | 15.2% | +7.4% |
| 2002 | 13.1% | -14.0% |
| 2003 | 11.5% | -12.5% |
| 2004 | 9.9% | -13.3% |
| 2005 | 10.5% | +5.8% |
| 2006 | 8.9% | -15.1% |
| 2007 | 7.4% | -17.2% |
| 2008 | 6.7% | -8.9% |
| 2009 | 7.1% | +4.9% |
| 2010 | 7.9% | +12.2% |
| 2011 | 8.2% | +3.3% |
| 2012 | 6.0% | -26.6% |
| 2013 | 5.9% | -2.0% |
| 2014 | 6.4% | +9.2% |
| 2015 | 6.2% | -3.5% |
| 2016 | 5.5% | -12.0% |
| 2017 | 6.6% | +20.6% |
| 2018 | 9.2% | +39.8% |
| 2019 | 9.9% | +7.1% |
| 2020 | 10.0% | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.2% | 9.6% | 20.4% | 8 |
| 2000s | 10.5% | 6.7% | 15.2% | 10 |
| 2010s | 7.2% | 5.5% | 9.9% | 10 |
| 2020s | 10.0% | 10.0% | 10.0% | 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 interest rate spread in Tanzania, United Republic of?
- Interest rate spread in Tanzania, United Republic of was 10.0% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Tanzania, United Republic of?
- The highest recorded value was 20.4% in 1996.
- What is the lowest interest rate spread recorded in Tanzania, United Republic of?
- The lowest recorded value was 5.5% in 2016.
- How does Tanzania, United Republic of rank for interest rate spread?
- Tanzania, United Republic of ranks 19th out of 141 countries with data for 2020.
- Is interest rate spread rising or falling in Tanzania, United Republic of?
- Over the last ten years it is up 26.2%. 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 Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
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About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.