Finance in Tanzania

Language versions of the website:

Tanzania

Finance in Tanzania


The continent: Africa
  
Iso2:TZ
  
Iso3:TZA

For country comparisons (the table on the map) colors are used:
 
 Good performance;
 
 The average;
 
 Poor performance

Interest rate in Tanzania


Lending interest rate

16,10 %[?] (2015)
(ascending): 119 in the world of 145 (18,62%); 29 in Africa from 39 (28,21%)
9,68 % (1,94 % annual) ↘
min: 6,54; max: 42,83; max-min: 36,29 (84,73%); mid: 24,69;
-8,58 (-53,29%)

Deposit interest rate

9,90 %[?] (2015)
(descending): 16 in the world of 148 (89,86%); 6 in Africa from 45 (88,89%)
33,66 % (6,73 % annual) ↘
min: 3,05; max: 24,63; max-min: 21,58 (87,62%); mid: 13,84;
-3,94 (-39,81%)

Interest rate spread

6,21 [?] (2015)
(ascending): 67 in the world of 137 (51,82%); 16 in Africa from 38 (60,53%)
28,55 % (5,71 % annual) ↗
min: 2,54; max: 20,37; max-min: 17,83 (87,53%); mid: 11,46;
-5,25 (-84,55%)

Real interest rate

8,95 %[?] (2015)
(ascending): 84 in the world of 140 (40,71%); 21 in Africa from 39 (48,72%)
45,81 % (9,16 % annual) ↘
min: -8,87; max: 14,01; max-min: 22,87 (163,29%); mid: 2,57;
6,38 (71,28%)

State Reserves in Tanzania


Total reserves

27,06 % of total external debt[?] (2015)
(descending): 86 in the world of 117 (27,35%); 35 in Africa from 47 (27,66%)
62,23 % (12,45 % annual) ↗
min: 0,079; max: 57,39; max-min: 57,31 (99,86%); mid: 28,73;
-1,67 (-6,17%)

Total reserves

4 072 926 361 current US$[?] (2015)
(descending): 92 in the world of 184 (50,54%); 14 in Africa from 52 (75%)
4,13 % (0,826 % annual) ↘
min: 4 822 062; max: 4 673 729 944; max-min: 4 668 907 882 (99,90%); mid: 2 339 276 003;
1 733 650 358 (42,57%)

Total reserves minus gold

4 072 926 361 current US$[?] (2015)
(descending): 89 in the world of 184 (52,17%); 13 in Africa from 52 (76,92%)
4,13 % (0,826 % annual) ↘
min: 4 822 062; max: 4 673 729 944; max-min: 4 668 907 882 (99,90%); mid: 2 339 276 003;
1 733 650 358 (42,57%)

Banks in Tanzania


Borrowers from commercial banks

26,89 per 1,000 adults[?] (2015)
(descending): 87 in the world of 104 (17,31%); 26 in Africa from 38 (34,21%)
4,66 % (0,931 % annual) ↘
min: 5,92; max: 207,81; max-min: 201,88 (97,15%); mid: 106,86;
-79,97 (-297,34%)

Depositors with commercial banks

265,01 per 1,000 adults[?] (2015)
(descending): 63 in the world of 97 (36,08%); 16 in Africa from 42 (64,29%)
28,22 % (5,64 % annual) ↘
min: 151,77; max: 265,01; max-min: 113,25 (42,73%); mid: 208,39;
56,62 (21,37%)

Commercial bank branches

2,48 per 100,000 adults[?] (2015)
(descending): 173 in the world of 186 (7,53%); 43 in Africa from 52 (19,23%)
19,34 % (3,87 % annual) ↘
min: 1,16; max: 2,48; max-min: 1,31 (53,04%); mid: 1,82;
0,657 (26,52%)

Automated teller machines (per 100,000 adults)

6,04 per 100,000 adults[?] (2015)
(descending): 156 in the world of 183 (15,30%); 28 in Africa from 51 (47,06%)
34,33 % (6,87 % annual) ↘
min: 2,40; max: 6,04; max-min: 3,64 (60,26%); mid: 4,22;
1,82 (30,13%)

Bank accounts in Tanzania


Account at a financial institution [ts]

19,04 % age 15+[?] (2014)
(descending): 121 in the world of 154 (22,08%); 21 in Africa from 44 (54,55%)
12,49 % (2,50 % annual) ↘
min: 17,26; max: 19,04; max-min: 1,78 (9,37%); mid: 18,15;
0,892 (4,68%)

Account at a financial institution, female [ts]

17,10 % age 15+[?] (2014)
(descending): 115 in the world of 153 (25,49%); 18 in Africa from 44 (61,36%)
25,51 % (5,10 % annual) ↘
min: 13,82; max: 17,10; max-min: 3,27 (19,14%); mid: 15,46;
1,64 (9,57%)

Account at a financial institution, income, poorest 40% [ts]

11,31 % age 15+[?] (2014)
(descending): 117 in the world of 153 (24,18%); 17 in Africa from 43 (62,79%)
45,21 % (9,04 % annual) ↘
min: 7,48; max: 11,31; max-min: 3,84 (33,91%); mid: 9,40;
1,92 (16,95%)

Account at a financial institution, income, richest 60% [ts]

24,20 % age 15+[?] (2014)
(descending): 119 in the world of 150 (21,33%); 24 in Africa from 44 (47,73%)
2,04 % (0,409 % annual) ↘
min: 23,82; max: 24,20; max-min: 0,371 (1,53%); mid: 24,01;
0,186 (0,767%)

Account at a financial institution, male [ts]

21,07 % age 15+[?] (2014)
(descending): 122 in the world of 151 (19,87%); 25 in Africa from 44 (45,45%)
1,72 % (0,344 % annual) ↘
min: 20,79; max: 21,07; max-min: 0,272 (1,29%); mid: 20,93;
0,136 (0,645%)

Cost of remittances in Tanzania


Average transaction cost of sending remittances from a specific country

16,18 %[?] (2015)
(ascending): 35 in the world of 35 (2,86%); 5 in Africa from 5 (20%)
63,08 % (12,62 % annual) ↗
min: 16,18; max: 23,97; max-min: 7,78 (32,48%); mid: 20,07;
-3,89 (-24,06%)

Average transaction cost of sending remittances to a specific country

10,43 %[?] (2015)
(ascending): 82 in the world of 104 (22,12%); 22 in Africa from 34 (38,24%)
24,79 % (4,96 % annual) ↘
min: 10,13; max: 12,41; max-min: 2,28 (18,39%); mid: 11,27;
-0,838 (-8,04%)