Interest payments in Tanzania
Tanzania: Interest payments was 4.23 trillion current LCU in 2024. ◆ Volatile
Interest payments in Tanzania, 2009–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for interest payments in Tanzania is 4.23 trillion current LCU, measured in 2024. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 22.9% on the previous year and up 332.6% over ten years.
Over the whole period, interest payments in Tanzania peaked at 4.23 trillion current LCU in 2024 and was at its lowest, 313.99 billion current LCU, in 2009.
That places Tanzania 12th out of 155 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 313.99 billion current LCU | 313.99 billion current LCU | 313.99 billion current LCU | 1 |
| 2010s | 1.17 trillion current LCU | 313.99 billion current LCU | 2.46 trillion current LCU | 10 |
| 2020s | 3.03 trillion current LCU | 2.21 trillion current LCU | 4.23 trillion current LCU | 5 |
Countries ranked near Tanzania
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)
- Interest payments 12.6% (2024)
- Other taxes 2.8% (2024)
Frequently asked questions
- What is interest payments in Tanzania?
- Interest payments in Tanzania was 4.23 trillion current LCU 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 4.23 trillion current LCU in 2024.
- What is the lowest interest payments recorded in Tanzania?
- The lowest recorded value was 313.99 billion current LCU in 2009.
- How does Tanzania rank for interest payments?
- Tanzania ranks 12th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Tanzania?
- Over the last ten years it is up 332.6%. The long-run trend across the full record is volatile.
- 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 (current LCU). 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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.