Interest payments in Tanzania
Tanzania: Interest payments was 12.6% in 2024. ▲ Rising
Interest payments in Tanzania, 2009–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2024, interest payments in Tanzania stood at 12.6%. That is the highest value across all 16 years on record.
That represents a change of up 17.2% on the previous year and up 70.8% over ten years.
Over the whole period, interest payments in Tanzania peaked at 12.6% in 2024 and was at its lowest, 4.5%, in 2011.
Tanzania ranks 40th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.3% | 5.3% | 5.3% | 1 |
| 2010s | 7.9% | 4.5% | 11.5% | 10 |
| 2020s | 10.6% | 9.8% | 12.6% | 5 |
Countries ranked near Tanzania
- 37 Colombia 13.2% compare
- 38 United States 12.9% compare
- 39 Armenia 12.7% compare
- 41 Papua New Guinea 12.3% compare
- 42 Guatemala 12.0% compare
- 43 Burkina Faso 11.9% compare
More public sector data for Tanzania
- Arms imports 52.00 million SIPRI trend indicator values (2021)
- Tax revenue 12.7% (2024)
- Taxes on income, profits and capital gains 29.0% (2024)
- Taxes on goods and services 37.5% (2024)
- Net investment in nonfinancial assets 0.8% (2024)
- Net lending (+) / net borrowing (-) -2.4% (2024)
- Interest payments 13.9% (2024)
- Grants and other revenue 13.8% (2024)
- Other taxes 2.8% (2024)
- Compensation of employees 17.5% (2024)
Frequently asked questions
- What is interest payments in Tanzania?
- Interest payments in Tanzania was 12.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Tanzania?
- The highest recorded value was 12.6% in 2024.
- What is the lowest interest payments recorded in Tanzania?
- The lowest recorded value was 4.5% in 2011.
- How does Tanzania rank for interest payments?
- Tanzania ranks 40th out of 152 countries with data for 2024.
- Is interest payments rising or falling in Tanzania?
- Over the last ten years it is up 70.8%. The long-run trend across the full record is rising.
- Where does this Tanzania data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.