Tanzania Real Interest Rate
Real interest rate FR.INR.RINR
Tanzania's real interest rate was 9.64% in 2020, ranked 82nd globally. This represents a 32.9% decrease from 2019. Data from World Bank, covering 1992–2020.
Overview
Tanzania's real interest rate stood at 9.64% in 2020, a decline of +4.73pp from 2019. Tanzania ranked 82nd globally.
Tanzania's real interest rate has exhibited significant fluctuations over the past 29 years, with the all-time peak of 14.71% recorded in 2017 and the all-time trough of -1.20% in 2008. The latest available data shows a real interest rate of 9.64% in 2020, ranking it 82nd globally. During this period, the country has generally trended upwards, with a few instances of decline, such as in 2008. This upward trend is also reflected in its peer countries, with Armenia, for example, also experiencing a real interest rate of 9.64% in 2020. The relatively high real interest rate in Tanzania may be influenced by the country's economic growth and inflation rates. A potential shift in monetary policy or changes in global economic conditions could alter the trajectory of Tanzania's real interest rate in the future.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2020 | 9.64% | −4.73pp | #82 |
| 2019 | 14.36% | +0.38pp | #109 |
| 2018 | 13.99% | −0.72pp | #107 |
| 2017 | 14.71% | +6.81pp | #122 |
| 2016 | 7.90% | −0.02pp | #83 |
| 2015 | 7.91% | −1.74pp | #84 |
| 2014 | 9.66% | +4.01pp | #103 |
| 2013 | 5.65% | +1.06pp | #63 |
| 2012 | 4.59% | +2.13pp | #59 |
| 2011 | 2.46% | −2.21pp | #56 |
| 2010 | 4.67% | −0.82pp | #70 |
| 2009 | 5.49% | +6.69pp | #50 |
| 2008 | -1.20% | −7.59pp | #38 |
| 2007 | 6.39% | −3.22pp | #92 |
| 2006 | 9.61% | +1.32pp | #109 |
Detected Pattern
Analysis
Tanzania matched the Orthodox Tightening Cycle pattern in 2012. Historically, 57% of countries showing this pattern (177 out of 311) saw real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Tanzania's real interest rate was 9.64% in 2020. Ranked 82nd globally. This represents a 32.9% decrease from the previous year.
Tanzania's real interest rate peaked at 14.71% in 2017.
The lowest real interest rate in Tanzania was -1.20% in 2008.
Tanzania ranks 82nd globally in real interest rate as of 2020.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
The real interest rate of Tanzania in 2020 was 9.64%. This ranks 82nd in the world.
Cite this page
@misc{historysaid_tanzania_real-interest-rate,
title = {Tanzania Real Interest Rate},
url = {https://historysaid.com/tanzania/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}