
Tanzania: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 10.08 percent as of January 2025, an increase compared to the previous value of 9.62 percent. Historically, the average for Tanzania from May 2016 to January 2025 is 9.12 percent. The minimum of 7.54 percent was recorded in June 2020, while the maximum of 12.4 percent was reached in July 2016.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank of Tanzania
Recent values | Tanzania: Bank deposit interest rate, percent |
---|---|
2025  Jan | 10.08 |
2024  Dec | 9.62 |
2024  Nov | 9.63 |
2024  Oct | 10.41 |
2024  Sep | 9.12 |
2024  Aug | 8.82 |
2024  Jul | 9.01 |
2024  Jun | 9.09 |
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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Inflation | 3.8 | 2023 | percent |
Exchange rate regimes | 6 | 2022 | index points |
USD exchange rate | 2,583.3552 | 2/2025 | Local Currency Units per USD |
Money supply (broad money) | 37,140.10 | 12/2024 | billion |
Consumer Price Index (CPI) | 118.2800 | 2/2025 | index points |
Inflation, monthly | 0.60 | 2/2025 | percent |
Inflation, annual | 3.17 | 2/2025 | percent |
Private sector credit | 36,097.40 | 12/2024 | billion |
Business credit | 18,052.04 | Q3/2023 | billion |
Household credit | 12,550.66 | Q3/2023 | billion |
Deposit interest rate | 10.08 | 1/2025 | percent |