Net domestic credit in Tanzania
Tanzania: Net domestic credit was 47.56 trillion current LCU in 2024. ◆ Volatile
Net domestic credit in Tanzania, 1966–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net domestic credit in Tanzania is 47.56 trillion current LCU, measured in 2024. That is the highest value across all 59 years on record.
That represents a change of up 9.4% on the previous year and up 196.1% over ten years.
Over the whole period, net domestic credit in Tanzania peaked at 47.56 trillion current LCU in 2024 and was at its lowest, 670.00 million current LCU, in 1966.
That places Tanzania 24th out of 186 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 848.16 million current LCU | 670.00 million current LCU | 1.13 billion current LCU | 4 |
| 1970s | 6.61 billion current LCU | 1.75 billion current LCU | 16.49 billion current LCU | 10 |
| 1980s | 62.64 billion current LCU | 20.73 billion current LCU | 167.04 billion current LCU | 10 |
| 1990s | 558.53 billion current LCU | 287.36 billion current LCU | 835.36 billion current LCU | 10 |
| 2000s | 2.05 trillion current LCU | 770.01 billion current LCU | 5.12 trillion current LCU | 10 |
| 2010s | 16.32 trillion current LCU | 6.80 trillion current LCU | 23.59 trillion current LCU | 10 |
| 2020s | 36.95 trillion current LCU | 26.14 trillion current LCU | 47.56 trillion current LCU | 5 |
Countries ranked near Tanzania
More financial sector data for Tanzania
- Domestic credit to private sector 16.7% (2024)
- Claims on central government, etc. 5.6% (2024)
- Broad money 23.4% (2023)
- Monetary Sector credit to private sector 16.7% (2024)
- Net foreign assets 10.56 trillion current LCU (2024)
- Total reserves in months of imports 5.39 (2018)
- Net migration -12,730 (2025)
- Domestic credit to private sector by banks 16.6% (2024)
- Official exchange rate 2,598 LCU per US$, period average (2024)
- Claims on central government 0.2% (2024)
Frequently asked questions
- What is net domestic credit in Tanzania?
- Net domestic credit in Tanzania was 47.56 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Tanzania?
- The highest recorded value was 47.56 trillion current LCU in 2024.
- What is the lowest net domestic credit recorded in Tanzania?
- The lowest recorded value was 670.00 million current LCU in 1966.
- How does Tanzania rank for net domestic credit?
- Tanzania ranks 24th out of 186 countries with data for 2024.
- Is net domestic credit rising or falling in Tanzania?
- Over the last ten years it is up 196.1%. The long-run trend across the full record is volatile.
- Where does this Tanzania data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.