Business Bank Credit Access Statistics in Tanzania (2026)
According to World Bank World Development Indicators data, 16.7% of firms in Tanzania had a bank loan or line of credit in 2023. Essentially no change from 16.6% in 2013 to 16.7% in 2023. Tanzania ranks #29 of 45 economies in Sub-Saharan Africa on this measure, and #114 of 145 globally.
Key Statistics
- Latest value (2023)
- 16.7% (2023)
- Business Bank Credit Access in Tanzania as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2013
- 0 pp (2023)
- Essentially no change from 16.6% in 2013 to 16.7% in 2023.
- Earliest value in this dataset (2006)
- 16.3% (2006)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 16.3% in 2006 to 16.7% in 2023.
- Record high (2023)
- 16.7% (2023)
- The 2023 value is the highest in the available World Bank World Development Indicators series for Tanzania.
- Rank in Sub-Saharan Africa
- #29 of 45 (2023)
- Tanzania ranks 29 of 45 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #114 of 145 (2023)
- Tanzania ranks 114 of 145 countries with data globally.
- Sub-Saharan Africa average
- 23% (2023)
- Tanzania (16.7%) is below the average of 23% across the 45 countries in Sub-Saharan Africa with data.
- Firms using banks to finance working capital (% of firms) (2023)
- 13.7% (2023)
- Related indicator from World Bank World Development Indicators.
- Firms using banks to finance investment (% of firms) (2023)
- 14.1% (2023)
- 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, 2006–2023
| Year | % of firms | Change |
|---|---|---|
| 2023 | 16.7% | +0.0 pp |
| 2013 | 16.6% | +0.4 pp |
| 2006 | 16.3% | — |
Frequently asked questions
What share of firms in Tanzania had a bank loan or line of credit?
16.7% of firms in Tanzania had a bank loan or line of credit in 2023, according to World Bank World Development Indicators data.
Where does Tanzania rank globally on business bank credit access?
Tanzania ranks 114 of 145 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
How recent is the business bank credit access data for Tanzania?
The most recent observation is from 2023. World Bank World Development Indicators data is reported with a lag, so 2023 is the latest available year for Tanzania.
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BNKL.ZS, 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 .