Lending Rate, Percent per annum in Tanzania
Tanzania: Lending Rate, Percent per annum was 16.68 in 2020. ▼ Falling
Lending Rate, Percent per annum in Tanzania, 1992–2020
Source: International Monetary Fund.
Analysis
In 2020, lending rate, percent per annum in Tanzania stood at 16.68.
The figure is down 1.7% on the previous year and up 14.7% over ten years.
Over the whole period, lending rate, percent per annum in Tanzania peaked at 37.81 in 1995 and was at its lowest, 14.14, in 2004.
Tanzania ranks 23rd of 144 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Lending Rate, Percent per annum in Tanzania, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 27.36 | — |
| 1993 | 27.36 | +0.0% |
| 1994 | 34.42 | +25.8% |
| 1995 | 37.81 | +9.8% |
| 1996 | 33.97 | -10.2% |
| 1997 | 26.27 | -22.7% |
| 1998 | 22.89 | -12.9% |
| 1999 | 21.89 | -4.4% |
| 2000 | 21.58 | -1.4% |
| 2001 | 20.06 | -7.0% |
| 2002 | 16.4 | -18.2% |
| 2003 | 14.52 | -11.5% |
| 2004 | 14.14 | -2.6% |
| 2005 | 15.25 | +7.8% |
| 2006 | 15.65 | +2.6% |
| 2007 | 16.07 | +2.7% |
| 2008 | 14.98 | -6.8% |
| 2009 | 15.03 | +0.3% |
| 2010 | 14.54 | -3.2% |
| 2011 | 14.96 | +2.9% |
| 2012 | 15.56 | +4.0% |
| 2013 | 15.86 | +2.0% |
| 2014 | 16.29 | +2.7% |
| 2015 | 16.11 | -1.1% |
| 2016 | 15.96 | -0.9% |
| 2017 | 17.77 | +11.4% |
| 2018 | 17.41 | -2.0% |
| 2019 | 16.97 | -2.5% |
| 2020 | 16.68 | -1.7% |
Tanzania compared with similar countries
- Tanzania's 16.68 is above the median for lower middle income countries, which is 11.63, 1.4× the median. (38 countries reporting)
- Tanzania's 16.68 is above the median for Sub-Saharan Africa, which is 14.29, 1.2× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29 | 21.89 | 37.81 | 8 |
| 2000s | 16.37 | 14.14 | 21.58 | 10 |
| 2010s | 16.14 | 14.54 | 17.77 | 10 |
| 2020s | 16.68 | 16.68 | 16.68 | 1 |
Countries ranked near Tanzania
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 lending rate, percent per annum in Tanzania?
- Lending rate, percent per annum in Tanzania was 16.68 in 2020, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Tanzania?
- The highest recorded value was 37.81 in 1995.
- What is the lowest lending rate, percent per annum recorded in Tanzania?
- The lowest recorded value was 14.14 in 2004.
- How does Tanzania rank for lending rate, percent per annum?
- Tanzania ranks 23rd out of 144 countries with data for 2020.
- Is lending rate, percent per annum rising or falling in Tanzania?
- Over the last ten years it is up 14.7%. 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 Lending 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.