Net domestic credit (current LCU), annual growth rate in Tanzania
Tanzania: Net domestic credit (current LCU), annual growth rate was 9.44 % change on previous year in 2024. ◆ Volatile
Latest (2024)
9.44 % change on previous year
Change on year
down 39.9%
World rank
92nd
of 186 countries
All-time high
77.43 % change on previous year
in 2005
All-time low
-14.74 % change on previous year
in 1996
Years of data
58
1967–2024
Net domestic credit (current LCU), annual growth rate in Tanzania, 1967–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, net domestic credit (current lcu), annual growth rate in Tanzania stood at 9.44 % change on previous year.
That represents a change of down 39.9% on the previous year and down 60.8% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Tanzania peaked at 77.43 % change on previous year in 2005 and was at its lowest, -14.74 % change on previous year, in 1996.
Tanzania ranks 92nd of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Tanzania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1967 | 12.1 % change on previous year | — |
| 1968 | 11.97 % change on previous year | -1.1% |
| 1969 | 34.43 % change on previous year | +187.6% |
| 1970 | 54.79 % change on previous year | +59.1% |
| 1971 | 22.51 % change on previous year | -58.9% |
| 1972 | 6.45 % change on previous year | -71.3% |
| 1973 | 24.18 % change on previous year | +274.9% |
| 1974 | 70.86 % change on previous year | +193.0% |
| 1975 | 32.72 % change on previous year | -53.8% |
| 1976 | 24.75 % change on previous year | -24.4% |
| 1977 | 9.34 % change on previous year | -62.3% |
| 1978 | 42.71 % change on previous year | +357.3% |
| 1979 | 31.84 % change on previous year | -25.5% |
| 1980 | 25.66 % change on previous year | -19.4% |
| 1981 | 24.31 % change on previous year | -5.3% |
| 1982 | 20.52 % change on previous year | -15.6% |
| 1983 | 0.8701 % change on previous year | -95.8% |
| 1984 | 23.01 % change on previous year | +2544.6% |
| 1985 | 31.82 % change on previous year | +38.3% |
| 1986 | 8.92 % change on previous year | -72.0% |
| 1987 | 55.36 % change on previous year | +520.6% |
| 1988 | 39.54 % change on previous year | -28.6% |
| 1989 | 39.28 % change on previous year | -0.7% |
| 1990 | 72.03 % change on previous year | +83.4% |
| 1991 | 13.38 % change on previous year | -81.4% |
| 1992 | 23.27 % change on previous year | +73.9% |
| 1993 | 39.66 % change on previous year | +70.5% |
| 1994 | 11.09 % change on previous year | -72.0% |
| 1995 | 11.36 % change on previous year | +2.4% |
| 1996 | -14.74 % change on previous year | -229.8% |
| 1997 | -1.23 % change on previous year | -91.6% |
| 1998 | 16.61 % change on previous year | -1449.0% |
| 1999 | 22.6 % change on previous year | +36.0% |
| 2000 | 4.54 % change on previous year | -79.9% |
| 2001 | -11.82 % change on previous year | -360.6% |
| 2002 | 20.17 % change on previous year | -270.5% |
| 2003 | -4.46 % change on previous year | -122.1% |
| 2004 | 17.72 % change on previous year | -496.9% |
| 2005 | 77.43 % change on previous year | +337.1% |
| 2006 | 9.81 % change on previous year | -87.3% |
| 2007 | 39.65 % change on previous year | +304.1% |
| 2008 | 49.09 % change on previous year | +23.8% |
| 2009 | 21.3 % change on previous year | -56.6% |
| 2010 | 32.78 % change on previous year | +53.9% |
| 2011 | 33.76 % change on previous year | +3.0% |
| 2012 | 21.46 % change on previous year | -36.4% |
| 2013 | 17.22 % change on previous year | -19.8% |
| 2014 | 24.07 % change on previous year | +39.8% |
| 2015 | 26.83 % change on previous year | +11.5% |
| 2016 | 2.54 % change on previous year | -90.6% |
| 2017 | -3.45 % change on previous year | -235.9% |
| 2018 | 10.1 % change on previous year | -393.1% |
| 2019 | 6.22 % change on previous year | -38.4% |
| 2020 | 10.81 % change on previous year | +73.9% |
| 2021 | 14.89 % change on previous year | +37.7% |
| 2022 | 25.06 % change on previous year | +68.4% |
| 2023 | 15.71 % change on previous year | -37.3% |
| 2024 | 9.44 % change on previous year | -39.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.5 % change on previous year | 11.97 % change on previous year | 34.43 % change on previous year | 3 |
| 1970s | 32.02 % change on previous year | 6.45 % change on previous year | 70.86 % change on previous year | 10 |
| 1980s | 26.93 % change on previous year | 0.8701 % change on previous year | 55.36 % change on previous year | 10 |
| 1990s | 19.4 % change on previous year | -14.74 % change on previous year | 72.03 % change on previous year | 10 |
| 2000s | 22.34 % change on previous year | -11.82 % change on previous year | 77.43 % change on previous year | 10 |
| 2010s | 17.15 % change on previous year | -3.45 % change on previous year | 33.76 % change on previous year | 10 |
| 2020s | 15.18 % change on previous year | 9.44 % change on previous year | 25.06 % change on previous year | 5 |
Countries ranked near Tanzania
- 89 Vanuatu 9.99 % change on previous year compare
- 90 Estonia 9.64 % change on previous year compare
- 91 Bangladesh 9.59 % change on previous year compare
- 93 Hungary 9.38 % change on previous year compare
- 94 Botswana 9.17 % change on previous year compare
- 95 Tunisia 9.09 % change on previous year compare
More financial sector data for Tanzania
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -12.81 % change on previous year (2018)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0623 SDR per US$ of GDP (2018)
- Reserves excluding gold, foreign exchange (SDR), per capita 61.84 SDR per person (2018)
- Reserves excluding gold (SDR), annual growth rate -12.18 % change on previous year (2018)
- Reserves excluding gold (SDR), per capita 63.21 SDR per person (2018)
- Total reserves (gold at market value) (SDR), annual growth rate -12.18 % change on previous year (2018)
- Total reserves (gold at market value) (SDR), per capita 63.21 SDR per person (2018)
- Total reserves (gold at national valuation) (SDR), annual growth rate -12.18 % change on previous year (2018)
- Total reserves (gold at national valuation) (SDR), per capita 63.21 SDR per person (2018)
- Total reserves in months of imports, annual growth rate -21.05 % change on previous year (2018)
Frequently asked questions
- What is net domestic credit (current lcu), annual growth rate in Tanzania?
- Net domestic credit (current lcu), annual growth rate in Tanzania was 9.44 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Tanzania?
- The highest recorded value was 77.43 % change on previous year in 2005.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Tanzania?
- The lowest recorded value was -14.74 % change on previous year in 1996.
- How does Tanzania rank for net domestic credit (current lcu), annual growth rate?
- Tanzania ranks 92nd out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Tanzania?
- Over the last ten years it is down 60.8%. The long-run trend across the full record is volatile.
- Where does this Tanzania data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.