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Tanzania Bank Lending Rate

Bank Lending Rate in Tanzania

Indicator Data Period
Bank Lending Rate 13.19 % Jul/23


Latest data on Bank Lending Rate (%)

Bank Lending Rate
                     Tanzania - Historical Data (%)

What is Tanzania Bank Lending Rate?

  • Bank Lending Rate in Tanzania increased to 13.19 % in July 2023. The maximum level was 17.91 % and minimum was 7.53 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
13.19 Jul/23 07.09.2023
13.11 Jun/23 09.08.2023
13.02 May/23 06.07.2023
13.65 Apr/23 02.06.2023
13.59 Mar/23 04.05.2023
13.75 Feb/23 03.04.2023
14.19 Jan/23 01.03.2023
13.29 Dec/22 01.02.2023


Historical Chart by presidents (%)

Bank Lending Rate in Tanzania by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
John Magufuli 05.11.2015 - 13.6900 16.2300 17.9100 11.3400 18.55%
Jakaya Kikwete 21.12.2005 - 05.11.2015 11.1400 13.7700 15.1300 10.1100 23.61%
Benjamin Mkapa 23.11.1995 - 21.12.2005 9.4200 11.4600 12.9200 7.5300 21.66%

Other money indicators in Tanzania

Index Updated Actual Previous
Interest Rate Sep/23 5 % 5
Money Supply M1 Jul/23 8.142 B USD 8.111
Central Bank Balance Sheet Jun/23 10.201 B USD 10.123
Deposit Interest Rate 3Q/19 7.5 % 7.3
Private Sector Credit  Jul/23 11.983 B USD 11.891

Bank Lending Rate in other countries

Country Updated Actual Previous
Egypt Aug/23 18.7 % 18.2
Kenya Jul/23 13.5 % 13.31
Tanzania Jul/23 13.19 % 13.11
South Africa Sep/23 11.75 % 11.75
Ghana May/18 34.5 % 35.5
Angola Aug/23 20.15 % 21.07
Botswana Jul/23 6.76 % 6.76