Tanzania


    The Housing Finance Sector data for Tanzania extends back to 2013. Please click on the Research Center tab above to access data for previous years not shown.

    Tanzania: Statistical Data At-A-Glance
    IndicatorDataYearSource
    Total population53.47 million2015WDI
    Urban population (% of total)31.61% of total2015WDI
    GDP, current prices (U.S. dollars)44,904 USD (millions)2015WEO
    GDP based on PPP per capita GDP (Current international dollar)2,904.04 USD 2015WEO
    Inflation, end of period consumer prices (Percent change)6.84%2015WEO
    Average bank deposit rate9.9%2015IFS
    Lending rate16.1%2015IFS
    Total amount of home mortgage loans outstanding at the end of year in millions of USD:167.09 USD (millions)2015Tanzania Mortgage Market Update December 2015
    Total amount of home mortgage loans outstanding at the end of year as % of GDP (current).37%2015Tanzania Mortgage Market Update December 2015
    Total # of home mortgage loans outstanding at the end of year3.39 thousand2015Tanzania Mortgage Market Update December 2015
    Typical LTV at originationNot available2015
    Typical number of days needed for the transfer of title672015WDI
    Full Data Set
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    About the Editor

    Tanzania Mortgage Refinance Company (TMRC)
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    TMRC is a specialized financial institution that provides long term funding to financial institutions for the purposes of mortgage lending. TMRC is a private sector institution owned by banks. TMRC has the objective of supporting financial institutions to do mortgage lending by refinancing Primary Mortgage Lenders' (PMLs') mortgage portfolios. TMRC refinances mortgage loan portfolios rather than individual mortgage loans and caters to banks rather than individual borrowers.