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Bank of Tanzania Interest Rate

Interest Rate in Tanzania

Indicator Data Period
Interest Rate 5 % Sep/23


Latest data on Interest Rate (%)

Interest Rate
                     Tanzania - Historical Data (%)

What is Bank of Tanzania Interest Rate?

  • Interest Rate in Tanzania remained unchanged at 5 % in September 2023. The maximum level was 67.5 % and minimum was 3.7 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
5 Aug/23 21.09.2023
5 Sep/23 19.09.2023
5 Jul/23 18.09.2023
5 Jun/23 07.09.2023
5 May/23 19.07.2023
5 Apr/23 11.05.2023
5 Feb/23 14.03.2023
5 Dec/22 09.01.2023


Historical Chart by presidents (%)

Interest Rate in Tanzania by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
John Magufuli 05.11.2015 - 16.0000 9.0000 16.0000 9.0000 -43.75%
Jakaya Kikwete 21.12.2005 - 05.11.2015 19.3300 16.0000 22.0500 3.7000 -17.23%
Benjamin Mkapa 23.11.1995 - 21.12.2005 46.0000 18.3000 47.9000 7.8200 -60.22%
Ali Hassan Mwinyi 05.11.1985 - 23.11.1995 5.0000 39.9000 67.5000 5.0000 698.00%

Other money indicators in Tanzania

Index Updated Actual Previous
Bank Lending Rate Jul/23 13.19 % 13.11
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

Interest Rate in other countries

Country Updated Actual Previous
Egypt Sep/23 19.25 % 19.25
Kenya Oct/23 10.5 % 10.5
Madagascar Aug/23 9.5 % 9.5
Zimbabwe 15 130 % 150
Tanzania Sep/23 5 % 5
Togo Sep/23 5.25 % 5
Tunisia Sep/23 8 % 8
Nigeria Aug/23 18.75 % 18.75
Sudan Jan/23 27.3 % 26.82
Morocco Sep/23 3 % 3
Senegal Sep/23 5.25 % 5
Seychelles Sep/23 2 % 2
South Africa Sep/23 8.25 % 8.25
Uganda Oct/23 9.5 % 9.5
Rwanda Sep/23 7.5 % 7.5
Liberia Sep/23 20 % 20
Zambia Sep/23 10 % 10
Mozambique Sep/23 17.25 % 17.25
Namibia Sep/23 7.75 % 7.75
Ghana Sep/23 30 % 30
Swaziland Sep/23 7.5 % 7.5
Libya Aug/23 3 % 3
Algeria Aug/23 3 % 3
Angola Sep/23 17 % 17
Benin Sep/23 5.25 % 5
Botswana Sep/23 2.65 % 2.65
Burkina Faso Sep/23 5.25 % 5
Burundi Jun/23 7.49 % 7.75
Central African Republic Aug/23 5 % 5
Chad Sep/23 5 % 5
Comoros Dec/22 3.08 % 2.87
Republic of the Congo Aug/23 5 % 5
Equatorial Guinea Sep/23 5 % 5
Ethiopia Sep/23 7 % 7
Gabon Sep/23 5 % 5
Gambia Sep/23 17 % 17
Guatemala Sep/23 5 % 5
Guinea Sep/23 11.5 % 11.5
Guinea Bissau Sep/23 5.25 % 5
Lesotho Sep/23 7.75 % 7.75
Malawi Sep/23 24 % 24
Mali Sep/23 5.25 % 5
Mauritania Sep/23 8 % 8
Niger Sep/23 5.25 % 5
Sao Tome and Principe Aug/23 10 % 10
Sierra Leone Sep/23 21.25 % 19.25