Net domestic credit in Tanzania, United Republic of
Tanzania, United Republic of: Net domestic credit was 47.56 trillion current LCU in 2024. ◆ Volatile
Net domestic credit in Tanzania, United Republic of, 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, United Republic of 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, United Republic of peaked at 47.56 trillion current LCU in 2024 and was at its lowest, 670.00 million current LCU, in 1966.
That places Tanzania, United Republic of 24th out of 186 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.
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, 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)
- Domestic credit to private sector by banks 16.6% (2024)
Frequently asked questions
- What is net domestic credit in Tanzania, United Republic of?
- Net domestic credit in Tanzania, United Republic of 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, United Republic of?
- The highest recorded value was 47.56 trillion current LCU in 2024.
- What is the lowest net domestic credit recorded in Tanzania, United Republic of?
- The lowest recorded value was 670.00 million current LCU in 1966.
- How does Tanzania, United Republic of rank for net domestic credit?
- Tanzania, United Republic of ranks 24th out of 186 countries with data for 2024.
- Is net domestic credit rising or falling in Tanzania, United Republic of?
- Over the last ten years it is up 196.1%. 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 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.