Interest payments (% of expense) in Tanzania
Tanzania: Interest payments (% of expense) 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 17.3% 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.
Interest payments (% of expense) in Tanzania, year by year
| Year | % of expense | Change |
|---|---|---|
| 2009 | 5.3% | — |
| 2010 | 5.3% | +0.0% |
| 2011 | 4.5% | -16.1% |
| 2012 | 5.1% | +13.4% |
| 2013 | 6.8% | +33.4% |
| 2014 | 7.4% | +8.8% |
| 2015 | 9.0% | +22.5% |
| 2016 | 10.0% | +11.3% |
| 2017 | 9.1% | -8.7% |
| 2018 | 10.6% | +15.7% |
| 2019 | 11.5% | +8.2% |
| 2020 | 10.2% | -11.1% |
| 2021 | 9.9% | -2.7% |
| 2022 | 9.8% | -1.5% |
| 2023 | 10.7% | +9.8% |
| 2024 | 12.6% | +17.3% |
Tanzania compared with similar countries
- Tanzania's 12.6% is above the median for lower middle income countries, which is 10.0%, 1.3× the median. (36 countries reporting)
- Tanzania's 12.6% is above the median for Sub-Saharan Africa, which is 11.3%, 1.1× the median. (35 countries reporting)
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
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 4.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.8276 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0007 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate 550 % change on previous year (2021)
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.