Bank Deposits Statistics in Tanzania (2026)
In 2024, outstanding bank deposits in Tanzania stood at 20.5% of GDP, according to IMF Financial Access Survey data. Up from 18.3% of GDP in 2023 to 20.5% of GDP in 2024 (+2.3 percentage points). Tanzania ranks #30 of 40 economies in Sub-Saharan Africa on this measure, and #158 of 172 globally.
Key Statistics
- Latest value (2024)
- 20.5% of GDP (2024)
- Bank Deposits in Tanzania as of 2024, the most recent observation in IMF Financial Access Survey data.
- Change since 2023
- +2.3 pp (2024)
- Up from 18.3% of GDP in 2023 to 20.5% of GDP in 2024 (+2.3 percentage points).
- Earliest value in this dataset (2006)
- 17.3% of GDP (2006)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 17.3% of GDP in 2006 to 20.5% of GDP in 2024.
- Peak value (2016)
- 25.6% of GDP (2016)
- Highest value in the available series; the 2024 value is 20.5% of GDP.
- Rank in Sub-Saharan Africa
- #30 of 40 (2024)
- Tanzania ranks 30 of 40 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #158 of 172 (2024)
- Tanzania ranks 158 of 172 countries with data globally.
- Sub-Saharan Africa average
- 39.2% of GDP (2024)
- Tanzania (20.5% of GDP) is below the average of 39.2% of GDP across the 40 countries in Sub-Saharan Africa with data.
- Internet use in Tanzania (2024)
- 31.2% (2024)
- 31.2% of the population in Tanzania used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 68.6 million (2024)
- Tanzania had a population of 68.6 million in 2024 (World Bank); shown for scale only.
Trend, 2006–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 20.5% | +2.3 pp |
| 2023 | 18.3% | +0.5 pp |
| 2022 | 17.8% | +0.7 pp |
| 2021 | 17.1% | +1.4 pp |
| 2020 | 15.7% | +0.0 pp |
| 2019 | 15.7% | −0.6 pp |
| 2018 | 16.2% | −8.4 pp |
| 2017 | 24.6% | −1.0 pp |
| 2016 | 25.6% | +5.0 pp |
| 2015 | 20.6% | +0.6 pp |
| 2014 | 20.1% | +0.3 pp |
| 2013 | 19.8% | −0.8 pp |
| 2012 | 20.6% | −0.7 pp |
| 2011 | 21.4% | −0.7 pp |
| 2010 | 22% | +1.8 pp |
| 2009 | 20.3% | +2.5 pp |
| 2008 | 17.7% | −0.5 pp |
| 2007 | 18.3% | +0.9 pp |
| 2006 | 17.3% | — |
Frequently asked questions
What is the latest figure for outstanding bank deposits in Tanzania?
Outstanding bank deposits in Tanzania stood at 20.5% of GDP in 2024, according to IMF Financial Access Survey data.
When did bank deposits in Tanzania peak?
The highest value in the available series was 25.6% of GDP in 2016; the latest (2024) value is 20.5% of GDP.
How recent is the bank deposits data for Tanzania?
The most recent observation is from 2024. IMF Financial Access Survey data is reported with a lag, so 2024 is the latest available year for Tanzania.
Where does the bank deposits data for Tanzania come from?
The data comes from the IMF Financial Access Survey (indicator OUTD_COMBANK.POGDP). The latest observation for Tanzania is from 2024; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: IMF Financial Access Survey, indicator
OUTD_COMBANK.POGDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .