The benchmark interest rate in Tanzania was last recorded at 7 percent. Interest Rate in Tanzania averaged 12 percent from 1972 until 2019, reaching an all time high of 67.50 percent in December of 1994 and a record low of 3.70 percent in October of 2009.
Interest Rate in Tanzania is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Tanzania to stand at 5.00 in 12 months time. In the long-term, the Tanzania Interest Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.