Bank concentration in Rwanda
Rwanda: Bank concentration was 62.2% in 2021. ▼ Falling
Bank concentration in Rwanda, 2001–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank concentration in Rwanda stood at 62.2%.
The figure is up 1.4% on the previous year and down 9.0% over ten years.
Over the whole period, bank concentration in Rwanda peaked at 100.0% in 2001 and was at its lowest, 57.5%, in 2017.
Rwanda ranks 121st of 170 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Bank concentration in Rwanda, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 100.0% | — |
| 2002 | 100.0% | +0.0% |
| 2003 | 90.3% | -9.7% |
| 2004 | 87.4% | -3.2% |
| 2005 | 87.0% | -0.4% |
| 2006 | 85.2% | -2.1% |
| 2007 | 78.2% | -8.2% |
| 2008 | 76.2% | -2.5% |
| 2009 | 62.5% | -18.1% |
| 2010 | 68.0% | +8.8% |
| 2011 | 68.4% | +0.6% |
| 2012 | 73.0% | +6.8% |
| 2013 | 62.8% | -14.0% |
| 2014 | 63.9% | +1.8% |
| 2015 | 58.0% | -9.2% |
| 2016 | 61.1% | +5.3% |
| 2017 | 57.5% | -5.9% |
| 2018 | 59.6% | +3.6% |
| 2019 | 60.7% | +1.8% |
| 2020 | 61.3% | +1.1% |
| 2021 | 62.2% | +1.4% |
Rwanda compared with similar countries
- Rwanda's 62.2% is below the median for low income countries, which is 77.9%, 80% of the median. (20 countries reporting)
- Rwanda's 62.2% is below the median for Sub-Saharan Africa, which is 77.1%, 81% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 85.2% | 62.5% | 100.0% | 9 |
| 2010s | 63.3% | 57.5% | 73.0% | 10 |
| 2020s | 61.8% | 61.3% | 62.2% | 2 |
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 concentration in Rwanda?
- Bank concentration in Rwanda was 62.2% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Rwanda?
- The highest recorded value was 100.0% in 2001.
- What is the lowest bank concentration recorded in Rwanda?
- The lowest recorded value was 57.5% in 2017.
- How does Rwanda rank for bank concentration?
- Rwanda ranks 121st out of 170 countries with data for 2021.
- Is bank concentration rising or falling in Rwanda?
- Over the last ten years it is down 9.0%. The long-run trend across the full record is falling.
- Where does this Rwanda data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.