Tanzania - Deposit interest rate

Deposit interest rate (%)

The value for Deposit interest rate (%) in Tanzania was 6.68 as of 2020. As the graph below shows, over the past 46 years this indicator reached a maximum value of 24.63 in 1995 and a minimum value of 3.05 in 2003.

Definition: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. 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
1974 4.00
1975 4.00
1976 4.00
1977 4.00
1978 4.00
1979 4.00
1980 4.00
1981 4.00
1982 4.00
1983 4.00
1984 4.00
1985 4.50
1986 8.50
1987 15.75
1988 17.46
1989 17.00
1992 17.00
1993 17.78
1994 21.88
1995 24.63
1996 13.59
1997 7.83
1998 7.75
1999 7.75
2000 7.39
2001 4.81
2002 3.29
2003 3.05
2004 4.20
2005 4.73
2006 6.73
2007 8.68
2008 8.25
2009 7.97
2010 6.62
2011 6.78
2012 9.55
2013 9.97
2014 9.86
2015 9.90
2016 10.50
2017 11.19
2018 8.20
2019 7.10
2020 6.68

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates