Deposit Interest Rate in Tanzania decreased to 7.15 percent in the first quarter of 2019 from 7.59 percent in the fourth quarter of 2018. Deposit Interest Rate in Tanzania averaged 8.43 percent from 1974 until 2019, reaching an all time high of 25.13 percent in the second quarter of 1995 and a record low of 2.70 percent in the second quarter of 2003.
Deposit Interest Rate in Tanzania is expected to be 7.59 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Tanzania to stand at 5.59 in 12 months time. In the long-term, the Deposit Interest Rate in Tanzania is projected to trend around 7.59 percent in 2020, according to our econometric models.