Bank assets as a share of GDP reached 23.4 % in 2020 in Tanzania, according to the National Central Bank. This is 1.33 % less than in the previous year.
Historically, bank assets as a share of GDP in Tanzania reached an all time high of 34.1 % in 1982 and an all time low of % in. When compared to Tanzania's main peers, bank assets as a share of GDP in Uganda amounted to 26.7 % and 40.6 % in Zambia in 2020.
Tanzania has been ranked 51st within the group of 53 countries we follow in terms of bank assets as a share of GDP, 86 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.