Tanzania - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Tanzania was 16.68 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between 37.81 in 1995 and 14.14 in 2004.

Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1992 27.36
1993 27.36
1994 34.42
1995 37.81
1996 33.97
1997 26.27
1998 22.89
1999 21.89
2000 21.58
2001 20.06
2002 16.40
2003 14.52
2004 14.14
2005 15.25
2006 15.65
2007 16.07
2008 14.98
2009 15.03
2010 14.54
2011 14.96
2012 15.56
2013 15.86
2014 16.29
2015 16.11
2016 15.96
2017 17.77
2018 17.41
2019 16.97
2020 16.68

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates