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

Interest Rate in Tanzania averaged 11.76 percent from 1972 until 2021, 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 2021.

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. 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 2022, according to our econometric models.

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Tanzania Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 67.50 3.70 1972 - 2021 percent Daily

Tanzania Money Last Previous Highest Lowest Unit
Interest Rate 5.00 5.00 67.50 3.70 percent [+]
Banks Balance Sheet 37870333.80 37727532.00 39192569.90 10686881.50 TZS Million [+]
Money Supply M0 7477.50 7703.00 8302.40 463.86 TZS Billion [+]
Money Supply M1 15108.30 14951.90 15108.30 567.18 TZS Billion [+]
Money Supply M2 23846.20 23585.50 23846.20 907.46 TZS Billion [+]
Money Supply M3 31325.90 31002.00 31325.90 1184.41 TZS Billion [+]
Central Bank Balance Sheet 21569586.50 21476941.30 21569586.50 7370797.40 TZS Million [+]

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.