Tanzania Interest Rate

The benchmark interest rate in Tanzania was last recorded at 7 percent. Interest Rate in Tanzania averaged 12.09 percent from 1972 until 2018, 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 9.00 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 9.00 in 12 months time. In the long-term, the Tanzania Interest Rate is projected to trend around 10.00 percent in 2020, according to our econometric models.

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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	[+]

In Tanzania, interest rates decisions are taken by the Bank of Tanzania. The Bank of Tanzania official interest rate is the discount rate. This page provides - Tanzania Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania Interest Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	7.00	7.00	67.50	3.70	1972 - 2018	percent	Daily

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Country	Last		Previous	Range
Argentina	59.16	Dec/18	59.13	1390 : 1.2	%
Turkey	24.00	Dec/18	24	500 : 4.5	%
Mexico	8.00	Nov/18	7.75	9.25 : 3	%
Russia	7.75	Dec/18	7.5	17 : 5	%
South Africa	6.75	Nov/18	6.5	23.99 : 5	%
Brazil	6.50	Dec/18	6.5	45 : 6.5	%
India	6.50	Dec/18	6.5	14.5 : 4.25	%
Indonesia	6.00	Nov/18	5.75	12.75 : 4.25	%
China	4.35	Nov/18	4.35	10.98 : 4.35	%
Saudi Arabia	2.75	Nov/18	2.75	7 : 1.5	%
United States	2.25	Nov/18	2.25	20 : 0.25	%
Singapore	1.97	Nov/18	1.45	20 : -0.75	%
Canada	1.75	Dec/18	1.75	16 : 0.25	%
South Korea	1.75	Nov/18	1.5	5.25 : 1.25	%
Australia	1.50	Dec/18	1.5	17.5 : 1.5	%
United Kingdom	0.75	Nov/18	0.75	17 : 0.25	%
Euro Area	0.00	Dec/18	0	4.75 : 0	%
France	0.00	Dec/18	0	4.75 : 0	%
Germany	0.00	Dec/18	0	4.75 : 0	%
Italy	0.00	Dec/18	0	4.75 : 0	%
Netherlands	0.00	Dec/18	0	4.75 : 0	%
Spain	0.00	Dec/18	0	4.75 : 0	%
Japan	-0.10	Nov/18	-0.1	9 : -0.1	%
Switzerland	-0.75	Dec/18	-0.75	3.5 : -0.75	%