Ghana vs Rwanda: Deposit interest rate
Ghana
11.4%
in 2023
Rwanda
10.3%
in 2024
Ghana rank
13th
Rwanda rank
16th
Deposit interest rate over time
- Ghana
- Rwanda
How they compare
Ghana currently reports 11.4% against 10.3% in Rwanda, a difference of 1.1%.
That makes Ghana's figure about 1.1 times Rwanda's.
Across all 28 years both countries report, Ghana has been ahead every year.
Ghana ranks 13th and Rwanda ranks 16th of 152 countries.
Ghana has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Ghana | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 31.5% | 9.2% | 22.3% | Ghana |
| 2000s | 16.0% | 8.6% | 7.4% | Ghana |
| 2010s | 12.1% | 8.1% | 4.1% | Ghana |
| 2020s | 11.6% | 8.3% | 3.4% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit interest rate, Ghana or Rwanda?
- Ghana, at 11.4% against 10.3% in Rwanda as of 2023.
- What is the difference in deposit interest rate between Ghana and Rwanda?
- 1.1%, with Ghana ahead.
- How many years of comparable data are there for Ghana and Rwanda?
- 28 years are reported by both, from 1996 to 2023.
- How do Ghana and Rwanda rank globally for deposit interest rate?
- Ghana ranks 13th and Rwanda ranks 16th of 152 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Deposit interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (aΓ·b)*100.