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.

Tanzania Interest Rate
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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 [+]


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. 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




Country Last Previous
Argentina 59.16 Dec/18
Turkey 24.00 Dec/18
Mexico 8.00 Nov/18
Russia 7.75 Dec/18
South Africa 6.75 Nov/18
Brazil 6.50 Dec/18
India 6.50 Dec/18
Indonesia 6.00 Nov/18
China 4.35 Nov/18
Saudi Arabia 2.75 Nov/18
United States 2.25 Nov/18
Singapore 1.97 Nov/18
Canada 1.75 Dec/18
South Korea 1.75 Nov/18
Australia 1.50 Dec/18
United Kingdom 0.75 Nov/18
Euro Area 0.00 Dec/18
France 0.00 Dec/18
Germany 0.00 Dec/18
Italy 0.00 Dec/18
Netherlands 0.00 Dec/18
Spain 0.00 Dec/18
Japan -0.10 Nov/18
Switzerland -0.75 Dec/18


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