Monetary Sector credit to private sector in Tanzania, United Republic of
Tanzania, United Republic of: Monetary Sector credit to private sector was 16.7% in 2024. ◆ Volatile
Monetary Sector credit to private sector in Tanzania, United Republic of, 1961–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in Tanzania, United Republic of is 16.7%, measured in 2024. That is the highest value across all 64 years on record.
That represents a change of up 1.7% on the previous year and up 25.3% over ten years.
Over the whole period, monetary sector credit to private sector in Tanzania, United Republic of peaked at 16.7% in 2024 and was at its lowest, 0.7%, in 1984.
Tanzania, United Republic of ranks 148th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monetary Sector credit to private sector in Tanzania, United Republic of, year by year
| Year | % GDP | Change |
|---|---|---|
| 1961 | 1.7% | — |
| 1962 | 1.6% | -4.3% |
| 1963 | 1.7% | +4.0% |
| 1964 | 1.8% | +5.1% |
| 1965 | 2.2% | +24.2% |
| 1966 | 2.5% | +14.5% |
| 1967 | 2.3% | -7.6% |
| 1968 | 2.1% | -8.0% |
| 1969 | 2.1% | -2.1% |
| 1970 | 3.1% | +49.2% |
| 1971 | 2.4% | -23.3% |
| 1972 | 2.5% | +6.2% |
| 1973 | 1.7% | -32.9% |
| 1974 | 1.7% | +1.2% |
| 1975 | 1.5% | -11.6% |
| 1976 | 1.0% | -34.2% |
| 1977 | 1.1% | +5.1% |
| 1978 | 1.4% | +29.8% |
| 1979 | 1.3% | -6.6% |
| 1980 | 1.2% | -4.8% |
| 1981 | 1.1% | -8.1% |
| 1982 | 1.3% | +18.2% |
| 1983 | 1.2% | -8.8% |
| 1984 | 0.7% | -41.7% |
| 1985 | 0.9% | +27.9% |
| 1986 | 0.8% | -7.7% |
| 1987 | 1.2% | +40.5% |
| 1988 | 1.1% | -6.2% |
| 1989 | 9.7% | +787.9% |
| 1990 | 9.6% | -1.1% |
| 1991 | 9.7% | +0.9% |
| 1992 | 6.7% | -30.5% |
| 1993 | 7.4% | +10.8% |
| 1994 | 6.7% | -10.2% |
| 1995 | 4.6% | -31.4% |
| 1996 | 2.1% | -53.5% |
| 1997 | 2.4% | +14.6% |
| 1998 | 3.0% | +21.4% |
| 1999 | 3.2% | +7.7% |
| 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 | 7.8% | +10.1% |
| 2006 | 9.8% | +25.1% |
| 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% | -4.3% |
| 2018 | 12.7% | -2.9% |
| 2019 | 12.6% | -0.5% |
| 2020 | 12.4% | -1.6% |
| 2021 | 13.0% | +4.4% |
| 2022 | 15.2% | +16.8% |
| 2023 | 16.4% | +8.1% |
| 2024 | 16.7% | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.0% | 1.6% | 2.5% | 9 |
| 1970s | 1.8% | 1.0% | 3.1% | 10 |
| 1980s | 1.9% | 0.7% | 9.7% | 10 |
| 1990s | 5.5% | 2.1% | 9.7% | 10 |
| 2000s | 7.8% | 3.1% | 11.9% | 10 |
| 2010s | 12.9% | 11.7% | 14.6% | 10 |
| 2020s | 14.7% | 12.4% | 16.7% | 5 |
Countries ranked near Tanzania, United Republic of
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)
- Total reserves (gold at national valuation) (SDR), per capita 63.21 SDR per person (2018)
Frequently asked questions
- What is monetary sector credit to private sector in Tanzania, United Republic of?
- Monetary sector credit to private sector in Tanzania, United Republic of was 16.7% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Tanzania, United Republic of?
- The highest recorded value was 16.7% in 2024.
- What is the lowest monetary sector credit to private sector recorded in Tanzania, United Republic of?
- The lowest recorded value was 0.7% in 1984.
- How does Tanzania, United Republic of rank for monetary sector credit to private sector?
- Tanzania, United Republic of ranks 148th out of 186 countries with data for 2024.
- Is monetary sector credit to private sector rising or falling in Tanzania, United Republic of?
- Over the last ten years it is up 25.3%. The long-run trend across the full record is volatile.
- 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 Monetary Sector credit to private sector (% 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. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.