Bank accounts per 1,000 adults in Rwanda
Rwanda: Bank accounts per 1,000 adults was 285.49 in 2020. ◆ Volatile
Bank accounts per 1,000 adults in Rwanda, 2004–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
Rwanda recorded 285.49 for bank accounts per 1,000 adults in 2020. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 9.3% on the previous year and up 4.9% over ten years.
Over the whole period, bank accounts per 1,000 adults in Rwanda peaked at 285.49 in 2020 and was at its lowest, 7.6, in 2004.
Rwanda ranks 72nd of 103 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank accounts per 1,000 adults in Rwanda, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 7.6 | — |
| 2005 | 8.93 | +17.6% |
| 2006 | 10.73 | +20.1% |
| 2007 | 24.31 | +126.6% |
| 2008 | 192.63 | +692.3% |
| 2009 | 221.01 | +14.7% |
| 2010 | 272.12 | +23.1% |
| 2011 | 173.26 | -36.3% |
| 2012 | 212.99 | +22.9% |
| 2013 | 216.87 | +1.8% |
| 2014 | 169.75 | -21.7% |
| 2015 | 148.02 | -12.8% |
| 2016 | 191.87 | +29.6% |
| 2017 | 206.57 | +7.7% |
| 2018 | 266.29 | +28.9% |
| 2019 | 261.18 | -1.9% |
| 2020 | 285.49 | +9.3% |
Rwanda compared with similar countries
- Rwanda's 285.49 is above the median for low income countries, which is 146.25, 2.0× the median. (18 countries reporting)
- Rwanda's 285.49 is above the median for Sub-Saharan Africa, which is 194.06, 1.5× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Bank accounts per 1,000 adults in Rwanda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +692.3% | 24.31 | 192.63 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 77.53 | 7.6 | 221.01 | 6 |
| 2010s | 211.89 | 148.02 | 272.12 | 10 |
| 2020s | 285.49 | 285.49 | 285.49 | 1 |
Countries ranked near Rwanda
More financial sector data for Rwanda
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.88 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.37 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.88 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank accounts per 1,000 adults in Rwanda?
- Bank accounts per 1,000 adults in Rwanda was 285.49 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank accounts per 1,000 adults recorded in Rwanda?
- The highest recorded value was 285.49 in 2020.
- What is the lowest bank accounts per 1,000 adults recorded in Rwanda?
- The lowest recorded value was 7.6 in 2004.
- How does Rwanda rank for bank accounts per 1,000 adults?
- Rwanda ranks 72nd out of 103 countries with data for 2020.
- Is bank accounts per 1,000 adults rising or falling in Rwanda?
- Over the last ten years it is up 4.9%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank accounts per 1,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 1,000*reported number of depositors/adult population in the reporting country.