Number of Household Sector Borrowers at All … Microfinance in Tanzania
Tanzania: Number of Household Sector Borrowers at All … Microfinance was 1.94 in 2022. ◆ Volatile
Number of Household Sector Borrowers at All Microfinance Institutions in Tanzania, 2011–2022
Source: International Monetary Fund.
Analysis
In 2022, number of household sector borrowers at all microfinance institutions in Tanzania stood at 1.94.
The figure is up 21.9% on the previous year and up 14,294.0% over ten years.
Over the whole period, number of household sector borrowers at all microfinance institutions in Tanzania peaked at 5.82 in 2014 and was at its lowest, 0.0036, in 2011.
That places Tanzania 55th out of 60 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Number of Household Sector Borrowers at All … Microfinance in Tanzania, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 0.0036 | — |
| 2012 | 0.0135 | +268.7% |
| 2013 | 3.09 | +22833.2% |
| 2014 | 5.82 | +88.7% |
| 2015 | 5.11 | -12.2% |
| 2018 | 4.03 | -21.1% |
| 2019 | 3.45 | -14.5% |
| 2020 | 1.87 | -45.9% |
| 2021 | 1.59 | -14.9% |
| 2022 | 1.94 | +21.9% |
Tanzania compared with similar countries
- Tanzania's 1.94 is below the median for lower middle income countries, which is 53.27, 4% of the median. (28 countries reporting)
- Tanzania's 1.94 is below the median for Sub-Saharan Africa, which is 18.51, 10% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.07 | 0.0036 | 5.82 | 7 |
| 2020s | 1.8 | 1.59 | 1.94 | 3 |
Countries ranked near Tanzania
More gender data for Tanzania
- Child population (UN estimates and projections) 33,294 (2030)
- Child population (UN estimates and projections) (0-14), annual growth 2.01 % change on previous year (2030)
- Population 47,619 (2030)
- Working-age population (UN estimates and projections) 47,619 (2030)
- Population (UN estimates and projections), annual growth rate 3.22 % change on previous year (2030)
- Age population, age 00, female, interpolated 1.16 million (2025)
- Age population, age 00, male, interpolated 1.19 million (2025)
- Age population, age 01, female, interpolated 1.13 million (2025)
- Age population, age 01, male, interpolated 1.16 million (2025)
- Age population, age 02, female, interpolated 1.11 million (2025)
Frequently asked questions
- What is number of household sector borrowers at all microfinance institutions in Tanzania?
- Number of household sector borrowers at all microfinance institutions in Tanzania was 1.94 in 2022, according to International Monetary Fund.
- What is the highest number of household sector borrowers at all microfinance institutions recorded in Tanzania?
- The highest recorded value was 5.82 in 2014.
- What is the lowest number of household sector borrowers at all microfinance institutions recorded in Tanzania?
- The lowest recorded value was 0.0036 in 2011.
- How does Tanzania rank for number of household sector borrowers at all microfinance institutions?
- Tanzania ranks 55th out of 60 countries with data for 2022.
- Is number of household sector borrowers at all microfinance institutions rising or falling in Tanzania?
- Over the last ten years it is up 14,294.0%. The long-run trend across the full record is volatile.
- Where does this Tanzania data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Borrowers at All Microfinance Institutions per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.