Kenya vs Tanzania: Lending interest rate
Kenya
16.6%
in 2024
Tanzania
16.7%
in 2020
Kenya rank
27th
Tanzania rank
26th
Lending interest rate over time
- Kenya
- Tanzania
How they compare
Tanzania currently reports 16.7% against 16.6% in Kenya, a difference of 0.1%.
The two have swapped places 10 times across 29 shared years of data; in 1992 it was Tanzania ahead.
Globally, Kenya ranks 27th and Tanzania ranks 26th of 148 countries.
Individual pages
About this data
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.