The benchmark interest rate in Tanzania was last recorded at 5 percent. source: Bank of Tanzania

Interest Rate in Tanzania averaged 11.61 percent from 1972 until 2022, 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. This page provides - Tanzania Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania Interest Rate - values, historical data and charts - was last updated on August of 2022.

Interest Rate in Tanzania is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tanzania Interest Rate is projected to trend around 7.00 percent in 2023 and 5.00 percent in 2024, according to our econometric models.

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Tanzania Interest Rate

Related Last Previous Unit Reference
Interest Rate 5.00 5.00 percent May 2022
Banks Balance Sheet 42909000.00 41773295.40 TZS Million Dec 2021
Money Supply M3 35500.10 34186.50 TZS Billion Jun 2022
Money Supply M2 27621.70 26605.30 TZS Billion Jun 2022
Money Supply M1 17030.10 16453.60 TZS Billion Jun 2022
Money Supply M0 9276.60 8550.20 TZS Billion Jun 2022
Central Bank Balance Sheet 21114021.20 21569586.50 TZS Million Jun 2021

Tanzania Interest Rate
In Tanzania, interest rates decisions are taken by the Bank of Tanzania. The Bank of Tanzania official interest rate is the discount rate.
Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 67.50 3.70 1972 - 2022 percent Daily