Iceland vs Rwanda: Money market Rate, Percent per annum
Iceland
7.51
in 2025
Rwanda
7.62
in 2024
Iceland rank
22nd
Rwanda rank
21st
Money market Rate, Percent per annum over time
- Iceland
- Rwanda
How they compare
Rwanda currently reports 7.62 against 7.51 in Iceland, a difference of 0.11.
The two have swapped places 7 times across 29 shared years of data; in 1996 it was Rwanda ahead.
Iceland ranks 22nd and Rwanda ranks 21st of 94 countries.
Across the 4 decades both report, Iceland averaged higher in 1 and Rwanda in 3.
Head to head by decade
| Decade | Iceland | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.92 | 9.76 | 1.84 | Rwanda |
| 2000s | 11.13 | 9.02 | 2.11 | Iceland |
| 2010s | 4.88 | 6.45 | 1.57 | Rwanda |
| 2020s | 4.68 | 6.38 | 1.7 | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher money market rate, percent per annum, Iceland or Rwanda?
- Rwanda, at 7.62 against 7.51 in Iceland as of 2024.
- What is the difference in money market rate, percent per annum between Iceland and Rwanda?
- 0.11, with Rwanda ahead.
- How many years of comparable data are there for Iceland and Rwanda?
- 29 years are reported by both, from 1996 to 2024.
- How do Iceland and Rwanda rank globally for money market rate, percent per annum?
- Iceland ranks 22nd and Rwanda ranks 21st of 94 countries.
- Where does this data come from?
- International Monetary Fund, published as Money market Rate, Percent per annum. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.