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 July 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.