Namibia vs Rwanda: Interest rate spread
Namibia
5.6%
in 2024
Rwanda
5.7%
in 2024
Namibia rank
63rd
Rwanda rank
62nd
Interest rate spread over time
- Namibia
- Rwanda
How they compare
Rwanda currently reports 5.7% against 5.6% in Namibia, a difference of 0.1%.
The two have swapped places 4 times across 29 shared years of data; in 1996 it was Rwanda ahead.
Namibia ranks 63rd and Rwanda ranks 62nd of 140 countries.
Rwanda has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Namibia | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.4% | 7.6% | 0.2% | Rwanda |
| 2000s | 5.7% | 7.5% | 1.8% | Rwanda |
| 2010s | 4.4% | 9.0% | 4.6% | Rwanda |
| 2020s | 4.7% | 7.5% | 2.8% | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Namibia or Rwanda?
- Rwanda, at 5.7% against 5.6% in Namibia as of 2024.
- What is the difference in interest rate spread between Namibia and Rwanda?
- 0.1%, with Rwanda ahead.
- How many years of comparable data are there for Namibia and Rwanda?
- 29 years are reported by both, from 1996 to 2024.
- How do Namibia and Rwanda rank globally for interest rate spread?
- Namibia ranks 63rd and Rwanda ranks 62nd of 140 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Interest rate spread (lending rate minus deposit rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest 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.