The benchmark interest rate in Tanzania was last recorded at 5 percent.

Interest Rate in Tanzania averaged 11.89 percent from 1972 until 2020, 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 2020.

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. Looking forward, we estimate Interest Rate in Tanzania to stand at 5.00 in 12 months time. In the long-term, the Tanzania Interest Rate is projected to trend around 5.00 percent in 2021, according to our econometric models.

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Tanzania Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 67.50 3.70 1972 - 2020 percent Daily

Tanzania Money Last Previous Highest Lowest Unit
Interest Rate 5.00 5.00 67.50 3.70 percent [+]
Banks Balance Sheet 36300615.50 35787346.90 36300615.50 10686881.50 TZS Million [+]
Money Supply M0 7509.80 7445.38 7963.80 463.86 TZS Billion [+]
Money Supply M1 13937.10 13882.90 13937.10 567.18 TZS Billion [+]
Money Supply M2 22151.10 22026.90 22151.10 907.46 TZS Billion [+]
Money Supply M3 29030.80 28767.90 29030.80 1184.41 TZS Billion [+]
Central Bank Balance Sheet 18672289.00 19256700.80 19256700.80 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.