Bank net profit rose 54.4% to TNS 147,094 mil in Tanzania in 2020, according to the National Central Bank.
Historically, bank net profit in Tanzania reached an all time high of TNS 183,069 mil in 2016 and an all time low of TNS 10,632 mil in 2011. When compared to Tanzania's main peers, bank net profit in Kenya amounted to KES 112,787 mil, MZN 16,050 mil in Mozambique, UGX 846,194 mil in Uganda and ZMW 1,457 mil in Zambia in 2020.
Tanzania has been ranked 22nd within the group of 112 countries we follow in terms of bank net profit, 6 places below the position seen 10 years ago.
Bank Net Profit (Local Currency) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
Angola | AOA mil | ... | ... | ... | ... | ... | ... | ... | ... | 229,392 | 201,919 | 508,051 | -200,711 | -495,985 | ... | |||||||
Dem. Republic of the Congo | CDF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 107,612 | 138,753 | 28,910 | ||
Ethiopia | ETB mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 13,063 | 20,853 | 23,988 | 20,817 | ... | |
Kenya | KES mil | ... | ... | ... | ... | 148,699 | 133,804 | 152,339 | 159,879 | 112,787 | ||||||||||||
Malawi | MWK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 36,081 | 38,251 | 45,403 | 61,303 | 80,955 | |||
Mozambique | MZN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3,426 | 13,368 | 17,753 | 18,840 | 16,050 | |||||
Rwanda | RWF mil | ... | ... | ... | ... | ... | ... | 37,443 | 28,525 | 56,562 | 76,118 | 80,344 | ||||||||||
Somalia | SOS mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
South Africa | ZAR mil | ... | ... | ... | ... | ... | ... | 67,226 | 66,710 | 70,462 | 67,840 | 37,593 | ... | |||||||||
South Sudan | SSP mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Tanzania | TNS mil | ... | ... | ... | ... | ... | ... | ... | ... | 183,069 | 149,589 | 27,666 | 95,287 | 147,094 | ... | ... | ||||||
Uganda | UGX mil | ... | ... | ... | 302,069 | 682,977 | 691,806 | 887,468 | 846,194 | |||||||||||||
Zambia | ZMW mil | ... | ... | ... | ... | ... | 990 | 1,313 | 1,359 | 1,681 | 1,457 | |||||||||||
Zimbabwe | ZWD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |