Tanzania: Commercial banks and other lending (PPG + PNG) (NFL, current US$)

Key figures

What the numbers say

In 2024, Tanzania's commercial banks and other lending (PPG + PNG) (NFL, current US$) fell US$944.34 million on 2023 (from US$1.72 billion to US$777.7 million).

Across the 30 yearly changes before that (1992 to 2023), the average change was +US$54.52 million and a typical year strayed about US$560.84 million from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was US$1.55 billion in 2023 and the biggest yearly fall was US$1.25 billion in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 27% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Tanzania had the 15th highest value of the 87 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Tanzania in the 2024 ranking

• Paraguay — 12th of 87: US$1.16 billion
• Philippines — 13th of 87: US$985.28 million
• Pakistan — 14th of 87: US$834.85 million
• Benin — 16th of 87: US$461.66 million
• Cameroon — 17th of 87: US$452.97 million
• Albania — 18th of 87: US$423.93 million

What this measures

Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).

Limitations: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements.

Regional and income-group figures are computed by the World Bank as a sum.

All 48 values

Commercial banks and other lending (PPG + PNG) (NFL, current US$) in nearby economies

• Angola — −US$924.98 million (2024)
• Benin — US$461.66 million (2024)
• Burkina Faso — US$131.21 million (2024)
• Cabo Verde — −US$22.14 million (2024)
• Cameroon — US$452.97 million (2024)
• Congo, Dem. Rep. — −US$9.02 million (2024)
• Congo, Rep. — −US$404.91 million (2024)
• Côte d'Ivoire — US$233.35 million (2024)
• Eswatini

More economic policy & debt data for Tanzania

• GDP (current US$) — US$90.14 billion (2025)
• GDP (current LCU) — 229.06 trillion (2025)
• GDP (constant 2015 US$) — US$78.82 billion (2025)
• GDP (constant LCU) — 156.85 trillion (2025)
• GDP per capita (current US$) — US$1,319 (2025)
• GDP per capita (current LCU) — 3.35 million (2025)
• GDP per capita (constant 2015 US$) — US$1,153 (2025)
• GDP per capita (constant LCU) — 2.29 million (2025)
• GNI (current US$) — US$88.07 billion (2025)
• GNI (current LCU) — 223.78 trillion (2025)
• GNI per capita (current LCU) — 3.27 million (2025)

Reading data like this

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Questions people ask

What is Tanzania's commercial banks and other lending (PPG + PNG) (NFL, current US$)?

US$777.7 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1976?

It is up 3,396% from US$22.25 million in 1976 (7.69% a year on average, compounded). The highest value was US$1.72 billion in 2023 and the lowest −US$122.1 million in 2020.

How does Tanzania rank?

15th highest of 87 economies with data for 2024.

Is the latest change in commercial banks and other lending (PPG + PNG) (NFL, current US$) unusual for Tanzania?

In 2024, Tanzania's commercial banks and other lending (PPG + PNG) (NFL, current US$) fell US$944.34 million on 2023 (from US$1.72 billion to US$777.7 million). Across the 30 yearly changes before that (1992 to 2023), the average change was +US$54.52 million and a typical year strayed about US$560.84 million from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator DT.NFL.PCBO.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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