Net domestic credit (current LCU) in Tanzania
Tanzania: Net domestic credit (current LCU) was 47.56 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
47.56 trillion current LCU
Change on year
up 9.4%
World rank
24th
of 187 countries
All-time high
47.56 trillion current LCU
in 2024
All-time low
670.00 million current LCU
in 1966
Years of data
59
1966–2024
Net domestic credit in Tanzania, 1966–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net domestic credit in Tanzania is 47.56 trillion current LCU, measured in 2024. That is the highest value across all 59 years on record.
That represents a change of up 9.4% on the previous year and up 196.1% over ten years.
Over the whole period, net domestic credit in Tanzania peaked at 47.56 trillion current LCU in 2024 and was at its lowest, 670.00 million current LCU, in 1966.
That places Tanzania 24th out of 187 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU) in Tanzania, year by year
| Year | current LCU | Change |
|---|---|---|
| 1966 | 670.00 million current LCU | — |
| 1967 | 751.08 million current LCU | +12.1% |
| 1968 | 841.00 million current LCU | +12.0% |
| 1969 | 1.13 billion current LCU | +34.4% |
| 1970 | 1.75 billion current LCU | +54.8% |
| 1971 | 2.14 billion current LCU | +22.5% |
| 1972 | 2.28 billion current LCU | +6.5% |
| 1973 | 2.83 billion current LCU | +24.2% |
| 1974 | 4.84 billion current LCU | +70.9% |
| 1975 | 6.43 billion current LCU | +32.7% |
| 1976 | 8.02 billion current LCU | +24.7% |
| 1977 | 8.77 billion current LCU | +9.3% |
| 1978 | 12.51 billion current LCU | +42.7% |
| 1979 | 16.49 billion current LCU | +31.8% |
| 1980 | 20.73 billion current LCU | +25.7% |
| 1981 | 25.77 billion current LCU | +24.3% |
| 1982 | 31.05 billion current LCU | +20.5% |
| 1983 | 31.32 billion current LCU | +0.9% |
| 1984 | 38.53 billion current LCU | +23.0% |
| 1985 | 50.79 billion current LCU | +31.8% |
| 1986 | 55.32 billion current LCU | +8.9% |
| 1987 | 85.95 billion current LCU | +55.4% |
| 1988 | 119.94 billion current LCU | +39.5% |
| 1989 | 167.04 billion current LCU | +39.3% |
| 1990 | 287.36 billion current LCU | +72.0% |
| 1991 | 325.80 billion current LCU | +13.4% |
| 1992 | 401.60 billion current LCU | +23.3% |
| 1993 | 560.88 billion current LCU | +39.7% |
| 1994 | 623.10 billion current LCU | +11.1% |
| 1995 | 693.88 billion current LCU | +11.4% |
| 1996 | 591.60 billion current LCU | -14.7% |
| 1997 | 584.31 billion current LCU | -1.2% |
| 1998 | 681.39 billion current LCU | +16.6% |
| 1999 | 835.36 billion current LCU | +22.6% |
| 2000 | 873.27 billion current LCU | +4.5% |
| 2001 | 770.01 billion current LCU | -11.8% |
| 2002 | 925.29 billion current LCU | +20.2% |
| 2003 | 883.99 billion current LCU | -4.5% |
| 2004 | 1.04 trillion current LCU | +17.7% |
| 2005 | 1.85 trillion current LCU | +77.4% |
| 2006 | 2.03 trillion current LCU | +9.8% |
| 2007 | 2.83 trillion current LCU | +39.6% |
| 2008 | 4.22 trillion current LCU | +49.1% |
| 2009 | 5.12 trillion current LCU | +21.3% |
| 2010 | 6.80 trillion current LCU | +32.8% |
| 2011 | 9.09 trillion current LCU | +33.8% |
| 2012 | 11.05 trillion current LCU | +21.5% |
| 2013 | 12.95 trillion current LCU | +17.2% |
| 2014 | 16.06 trillion current LCU | +24.1% |
| 2015 | 20.37 trillion current LCU | +26.8% |
| 2016 | 20.89 trillion current LCU | +2.5% |
| 2017 | 20.17 trillion current LCU | -3.4% |
| 2018 | 22.21 trillion current LCU | +10.1% |
| 2019 | 23.59 trillion current LCU | +6.2% |
| 2020 | 26.14 trillion current LCU | +10.8% |
| 2021 | 30.03 trillion current LCU | +14.9% |
| 2022 | 37.56 trillion current LCU | +25.1% |
| 2023 | 43.46 trillion current LCU | +15.7% |
| 2024 | 47.56 trillion current LCU | +9.4% |
Tanzania compared with similar countries
- Tanzania's 47.56 trillion current LCU is above the median for lower middle income countries, which is 680.59 billion current LCU, 69.9× the median. (46 countries reporting)
- Tanzania's 47.56 trillion current LCU is above the median for Sub-Saharan Africa, which is 1.92 trillion current LCU, 24.7× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 848.16 million current LCU | 670.00 million current LCU | 1.13 billion current LCU | 4 |
| 1970s | 6.61 billion current LCU | 1.75 billion current LCU | 16.49 billion current LCU | 10 |
| 1980s | 62.64 billion current LCU | 20.73 billion current LCU | 167.04 billion current LCU | 10 |
| 1990s | 558.53 billion current LCU | 287.36 billion current LCU | 835.36 billion current LCU | 10 |
| 2000s | 2.05 trillion current LCU | 770.01 billion current LCU | 5.12 trillion current LCU | 10 |
| 2010s | 16.32 trillion current LCU | 6.80 trillion current LCU | 23.59 trillion current LCU | 10 |
| 2020s | 36.95 trillion current LCU | 26.14 trillion current LCU | 47.56 trillion current LCU | 5 |
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 net domestic credit in Tanzania?
- Net domestic credit in Tanzania was 47.56 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Tanzania?
- The highest recorded value was 47.56 trillion current LCU in 2024.
- What is the lowest net domestic credit recorded in Tanzania?
- The lowest recorded value was 670.00 million current LCU in 1966.
- How does Tanzania rank for net domestic credit?
- Tanzania ranks 24th out of 187 countries with data for 2024.
- Is net domestic credit rising or falling in Tanzania?
- Over the last ten years it is up 196.1%. The long-run trend across the full record is volatile.
- Where does this Tanzania data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.