Private credit by deposit money banks to GDP in Tanzania, United Republic of
Tanzania, United Republic of: Private credit by deposit money banks to GDP was 12.6% in 2020. ▲ Rising
Private credit by deposit money banks to GDP in Tanzania, United Republic of, 1988–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Tanzania, United Republic of recorded 12.6% for private credit by deposit money banks to gdp in 2020.
The figure is up 0.6% on the previous year and up 9.6% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Tanzania, United Republic of peaked at 14.5% in 2015 and was at its lowest, 1.6%, in 1988.
Tanzania, United Republic of ranks 167th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Private credit by deposit money banks to GDP in Tanzania, United Republic of, year by year
| Year | % | Change |
|---|---|---|
| 1988 | 1.6% | — |
| 1989 | 14.1% | +787.9% |
| 1990 | 13.9% | -1.1% |
| 1991 | 14.0% | +0.9% |
| 1992 | 9.7% | -30.5% |
| 1993 | 10.8% | +10.8% |
| 1994 | 9.7% | -10.2% |
| 1995 | 6.7% | -31.4% |
| 1996 | 3.1% | -53.5% |
| 1997 | 3.5% | +14.6% |
| 1998 | 2.9% | -17.0% |
| 1999 | 3.2% | +8.5% |
| 2000 | 3.1% | -2.5% |
| 2001 | 3.8% | +20.9% |
| 2002 | 4.6% | +22.5% |
| 2003 | 5.7% | +23.7% |
| 2004 | 6.6% | +15.2% |
| 2005 | 7.4% | +13.0% |
| 2006 | 9.3% | +25.6% |
| 2007 | 11.1% | +19.1% |
| 2008 | 11.7% | +4.9% |
| 2009 | 11.0% | -5.5% |
| 2010 | 11.5% | +4.5% |
| 2011 | 12.2% | +6.1% |
| 2012 | 12.7% | +4.3% |
| 2013 | 12.5% | -2.1% |
| 2014 | 13.2% | +6.1% |
| 2015 | 14.5% | +9.4% |
| 2016 | 13.6% | -6.3% |
| 2017 | 13.0% | -4.2% |
| 2018 | 12.6% | -2.7% |
| 2019 | 12.5% | -0.7% |
| 2020 | 12.6% | +0.6% |
Tanzania, United Republic of compared with similar countries
- Tanzania, United Republic of's 12.6% is below the median for lower middle income countries, which is 22.2%, 57% of the median. (46 countries reporting)
- Tanzania, United Republic of's 12.6% is below the median for Sub-Saharan Africa, which is 15.4%, 82% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks to GDP in Tanzania, United Republic of changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +787.9% | 1.6% | 14.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.8% | 1.6% | 14.1% | 2 |
| 1990s | 7.8% | 2.9% | 14.0% | 10 |
| 2000s | 7.4% | 3.1% | 11.7% | 10 |
| 2010s | 12.8% | 11.5% | 14.5% | 10 |
| 2020s | 12.6% | 12.6% | 12.6% | 1 |
Countries ranked near Tanzania, United Republic of
More financial sector data for Tanzania, United Republic of
- 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 private credit by deposit money banks to gdp in Tanzania, United Republic of?
- Private credit by deposit money banks to gdp in Tanzania, United Republic of was 12.6% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Tanzania, United Republic of?
- The highest recorded value was 14.5% in 2015.
- What is the lowest private credit by deposit money banks to gdp recorded in Tanzania, United Republic of?
- The lowest recorded value was 1.6% in 1988.
- How does Tanzania, United Republic of rank for private credit by deposit money banks to gdp?
- Tanzania, United Republic of ranks 167th out of 187 countries with data for 2020.
- Is private credit by deposit money banks to gdp rising or falling in Tanzania, United Republic of?
- Over the last ten years it is up 9.6%. The long-run trend across the full record is rising.
- Where does this Tanzania, United Republic of data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).