The Bank of Tanzania held its benchmark interest rate unchanged at 5.75% during the January 2026 monetary policy meeting, marking the second consecutive hold. The central bank highlighted that the decision reflects a supportive stance toward sustained economic growth, noting that inflation remains well-contained within the 3%-5% target range. Annual consumer price growth in November eased slightly to 3.4%, following a 3.5% rise in October, continuing a pattern of relative stability observed over the past two years. Meanwhile, the central bank projects the economy to expand by 5.9% in 2025, driven by strength in agriculture, mining, and construction sectors. source: Bank of Tanzania

The benchmark interest rate in Tanzania was last recorded at 5.75 percent. Interest Rate in Tanzania averaged 11.17 percent from 1972 until 2026, 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 February of 2026.

The benchmark interest rate in Tanzania was last recorded at 5.75 percent. Interest Rate in Tanzania is expected to be 5.50 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 4.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-04-04 08:15 AM Interest Rate Decision 6% 6% 5.5%
2025-07-03 08:00 AM Interest Rate Decision 5.75% 6%
2026-01-08 09:00 AM Interest Rate Decision 5.75% 5.75% 5.5%
2026-04-02 12:00 PM Interest Rate Decision 5.75% 5.5%


Related Last Previous Unit Reference
Banks Balance Sheet 74509969.30 68610721.00 TZS Million Dec 2025
Central Bank Balance Sheet 37385418.00 36044731.10 TZS Million Dec 2025
Interest Rate 5.75 5.75 percent Jan 2026
Money Supply M0 14508.30 15135.70 TZS Billion Dec 2025
Money Supply M1 30199.00 29184.10 TZS Billion Dec 2025
Money Supply M2 48143.20 46802.20 TZS Billion Dec 2025
Money Supply M3 61524.30 60858.60 TZS Billion Dec 2025


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
5.75 5.75 67.50 3.70 1972 - 2026 percent Daily

News Stream
Tanzania Keeps Key Policy Rate Steady at 5.75%
The Bank of Tanzania held its benchmark interest rate unchanged at 5.75% during the January 2026 monetary policy meeting, marking the second consecutive hold. The central bank highlighted that the decision reflects a supportive stance toward sustained economic growth, noting that inflation remains well-contained within the 3%-5% target range. Annual consumer price growth in November eased slightly to 3.4%, following a 3.5% rise in October, continuing a pattern of relative stability observed over the past two years. Meanwhile, the central bank projects the economy to expand by 5.9% in 2025, driven by strength in agriculture, mining, and construction sectors.
2026-01-08
Tanzania Holds Key Policy Rate at 5.75%
The Bank of Tanzania held its benchmark interest rate steady at 5.75% during its October 2025 monetary policy meeting, following a 25 basis point cut in July. Governor Emmanuel Tutuba stated that the decision reflects the outlook for stable inflation within the target range of 3% to 5%, alongside expectations of continued robust economic growth. Tanzania’s annual inflation rate inched up to 3.4% in August 2025 from 3.3% in July, marking the highest level since June 2023. Still, the latest figure remains broadly stable, hovering around 3% over the past two years and staying within the central bank’s target range. Meanwhile, the country's economy grew by 5.4% year-on-year in the first quarter of 2025, maintaining the same pace of expansion as in the previous quarter.
2025-10-02
Tanzania Central Bank Delivers 25bps Rate Cut
Tanzania’s central bank lowered its benchmark interest rate by 25 basis points to 5.75% during its July 2025 monetary policy meeting, following four consecutive periods of holding rates steady. The decision aims to support economic growth while keeping inflation below the 5% target. The annual inflation rate remained unchanged at 3.2% in May 2025, well within the central bank’s target range, and has hovered around 3% since the policy rate was introduced in January 2024. Meanwhile, Tanzania’s economy is projected to grow by approximately 6% in 2025, up from 5.5% the previous year, bolstered by the commencement of electricity generation at the Julius Nyerere Hydropower Dam.
2025-07-03