Deposit Interest Rate in Tanzania decreased to 8.51 percent in the second quarter of 2018 from 9.10 percent in the first quarter of 2018. Deposit Interest Rate in Tanzania averaged 8.44 percent from 1974 until 2018, reaching an all time high of 25.13 percent in the second quarter of 1995 and a record low of 2.70 percent in the second quarter of 2003.

Deposit Interest Rate in Tanzania is expected to be 10.49 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Tanzania to stand at 10.49 in 12 months time. In the long-term, the Deposit Interest Rate in Tanzania is projected to trend around 11.49 percent in 2020, according to our econometric models.

Deposit Interest Rate in Tanzania
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Tanzania Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 67.50 3.70 percent [+]
Banks Balance Sheet 33035266.60 32774449.70 33113611.20 10686881.50 TZS Million [+]
Deposit Interest Rate 8.51 9.10 25.13 2.70 percent [+]
Money Supply M0 6487.30 6753.20 7189.60 463.86 TZS Billion [+]
Money Supply M1 11536.00 11353.60 11762.00 567.18 TZS Billion [+]
Money Supply M2 18601.30 18437.40 18951.20 907.46 TZS Billion [+]
Money Supply M3 25275.80 25042.40 25294.50 1184.41 TZS Billion [+]
Central Bank Balance Sheet 19095246.50 18075177.60 19095246.50 7370797.40 TZS Million [+]


Deposit Interest Rate in Tanzania

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Tanzania. Deposit Interest Rate in Tanzania - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8.51 9.10 25.13 2.70 1974 - 2018 percent Quarterly




Country Last Previous
Turkey 22.50 Nov/18
Argentina 21.55 Dec/17
Brazil 8.51 Dec/17
South Africa 7.25 Dec/17
Indonesia 5.25 Nov/18
Russia 5.21 Sep/18
Saudi Arabia 3.13 Dec/18
Mexico 2.70 Dec/17
Australia 1.90 Nov/18
South Korea 1.67 Dec/17
United Kingdom 0.50 Sep/18
China 0.35 Nov/18
Japan 0.32 Dec/17
Singapore 0.14 Dec/17
Canada 0.10 Dec/17
Switzerland -0.32 Oct/18
Euro Area -0.40 Dec/18


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