Bank Lending Rate in Tanzania decreased to 14.38 percent in July from 14.41 percent in June of 2019. Bank Lending Rate in Tanzania averaged 12.90 percent from 2003 until 2019, reaching an all time high of 17.91 percent in September of 2017 and a record low of 7.53 percent in March of 2004.

Bank Lending Rate in Tanzania is expected to be 12.41 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Tanzania to stand at 12.41 in 12 months time. In the long-term, the Tanzania Bank Lending Rate is projected to trend around 12.41 percent in 2020, according to our econometric models.

Tanzania Bank Lending Rate
Forecast Data Chart
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Tanzania Consumer Last Previous Highest Lowest Unit
Private Sector Credit 18885.50 18861.10 18885.50 4586.90 TZS Billion [+]
Gasoline Prices 0.94 1.01 1.41 0.42 USD/Liter [+]
Bank Lending Rate 14.38 14.41 17.91 7.53 percent [+]

Tanzania Bank Lending Rate

In Tanzania, the negotiated lending rate is an average rate of lending rates for prime customers. This page provides - Tanzania Bank Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania Bank Lending Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
14.38 14.41 17.91 7.53 2003 - 2019 percent Monthly

Country Last Previous
Brazil 52.22 Jul/19
South Africa 10.00 Sep/19
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Russia 8.70 Jul/19
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Singapore 5.25 Aug/19
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