Bank Interest Rate Spread Statistics in Tanzania (2026)
Tanzania recorded the bank interest rate spread of 10 percentage points in 2020, World Bank World Development Indicators data show. Up from 9.9 percentage points in 2019 to 10 percentage points in 2020 (+0.1 percentage points). Tanzania ranks #16 of 25 economies in Sub-Saharan Africa on this measure, and #91 of 105 globally.
Key Statistics
- Latest value (2020)
- 10 percentage points (2020)
- Bank Interest Rate Spread in Tanzania as of 2020, the most recent observation in World Bank World Development Indicators data.
- Change since 2019
- +0.1 pp (2020)
- Up from 9.9 percentage points in 2019 to 10 percentage points in 2020 (+0.1 percentage points).
- Earliest value in this dataset (1992)
- 10.4 percentage points (1992)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 10.4 percentage points in 1992 to 10 percentage points in 2020.
- Peak value (1996)
- 20.4 percentage points (1996)
- Highest value in the available series; the 2020 value is 10 percentage points.
- Rank in Sub-Saharan Africa (lower is better; rank 1 = lowest)
- #16 of 25 (2020)
- Tanzania ranks 16 of 25 countries in Sub-Saharan Africa with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #91 of 105 (2020)
- Tanzania ranks 91 of 105 countries with data globally. Ranked ascending because lower values are better for this metric.
- Sub-Saharan Africa average
- 11.3 percentage points (2020)
- Tanzania (10 percentage points) is below the average of 11.3 percentage points across the 25 countries in Sub-Saharan Africa with data.
- Lending interest rate (%) (2020)
- 16.7% (2020)
- Related indicator from World Bank World Development Indicators.
- Deposit interest rate (%) (2020)
- 6.7% (2020)
- Related indicator from World Bank World Development Indicators.
- 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, 1992–2020
| Year | percentage points | Change |
|---|---|---|
| 2020 | 10 | +1.3% |
| 2019 | 9.9 | +7.1% |
| 2018 | 9.2 | +39.8% |
| 2017 | 6.6 | +20.6% |
| 2016 | 5.5 | −12.0% |
| 2015 | 6.2 | −3.5% |
| 2014 | 6.4 | +9.2% |
| 2013 | 5.9 | −2.0% |
| 2012 | 6 | −26.6% |
| 2011 | 8.2 | +3.3% |
| 2010 | 7.9 | +12.2% |
| 2009 | 7.1 | +4.9% |
| 2008 | 6.7 | −8.9% |
| 2007 | 7.4 | −17.2% |
| 2006 | 8.9 | −15.1% |
| 2005 | 10.5 | +5.8% |
| 2004 | 9.9 | −13.3% |
| 2003 | 11.5 | −12.5% |
| 2002 | 13.1 | −14.0% |
| 2001 | 15.2 | +7.4% |
| 2000 | 14.2 | +0.3% |
| 1999 | 14.1 | −6.6% |
| 1998 | 15.1 | −17.9% |
| 1997 | 18.4 | −9.5% |
| 1996 | 20.4 | +54.6% |
| 1995 | 13.2 | +5.1% |
| 1994 | 12.5 | +30.8% |
| 1993 | 9.6 | −7.5% |
| 1992 | 10.4 | — |
Frequently asked questions
What is the latest figure for bank interest rate spread in Tanzania?
The bank interest rate spread in Tanzania stood at 10 percentage points in 2020, according to World Bank World Development Indicators data.
Where does Tanzania rank globally on bank interest rate spread?
Tanzania ranks 91 of 105 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
When did bank interest rate spread in Tanzania peak?
The highest value in the available series was 20.4 percentage points in 1996; the latest (2020) value is 10 percentage points.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LNDP, 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 .