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Deposit Interest Rate in Tanzania

Deposit Interest Rate in Tanzania

Indicator Data Period
Deposit Interest Rate 7.5 % 3Q/19


Latest data on Deposit Interest Rate (%)

Deposit Interest Rate
                     Tanzania - Historical Data (%)

What is average deposit bank interest rate in Tanzania?

  • Bank Deposit Interest Rate in Tanzania increased to 7.5 % in the third quarter of 2019. The maximum rate was 25.13 % and minimum was 2.7 %.
  • Data published Quarterly by World Bank.

Historical Data (%) by years

Data
Period
Date
7.5 3Q/19 16.05.2020
7.15 1Q/19 04.07.2019


Historical Chart by presidents (%)

Deposit Interest Rate in Tanzania by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other money indicators in Tanzania

Index Updated Actual Previous
Bank Lending Rate Feb/21 13.96 % 13.38
Interest Rate Jan/21 5 % 5
Money Supply M1 Feb/21 6.222 B USD 6.134
Central Bank Balance Sheet Dec/20 8.951 B USD 9.13
Private Sector Credit  Feb/21 8.798 B USD 8.766

Deposit Interest Rate in other countries

Country Updated Actual Previous
Kenya 2019 7.5 % 8.3
Madagascar Jan/21 13.75 % 13.75
Tanzania 3Q/19 7.5 % 7.3
Togo 2017 6.49 % 6.93
Nigeria Feb/21 3.13 % 2.88
Morocco 2019 3 % 3.1
Senegal 2017 6.49 % 6.93
Seychelles 2020 3.48 % 3.58
South Africa Jan/21 3.8 % 3.92
Uganda Feb/21 9.79 % 9.89
Rwanda 2020 7.64 % 7.64
Zambia Feb/21 7.93 % 7.85
Namibia 2020 4.16 % 5.7
Swaziland 2020 2.47 % 3.7
Libya 2014 2.5 % 2.5
Algeria Jan/21 1.75 % 1.75
Angola 2019 6.42 % 6.88
Benin 2017 6.49 % 6.93
Botswana Feb/21 1.36 % 1.36
Burkina Faso 2017 6.5 % 6.9
Central African Republic 2017 2.45 % 2.45
Chad 2017 2.45 % 2.45
Comoros 2020 1.75 % 1.75
Republic of the Congo 2017 2.45 % 2.45
Djibouti 2017 1.65 % 1.5
Equatorial Guinea 2017 2.45 % 2.45
Gabon 2017 2.45 % 2.45
Gambia 2Q/19 9 % 9
Guatemala 2019 5 % 5.17
Guinea Bissau 2017 6.49 % 6.93
Lesotho 2020 3.78 % 3.78
Mali 2017 6.5 % 6.9
Niger 2017 6.49 % 6.93
Sao Tome and Principe 2Q/19 3.36 % 3.28
Sierra Leone 2020 10 % 10