Bank concentration in Rwanda

Rwanda: Bank concentration was 62.2% in 2021. ▼ Falling

Latest (2021)
62.2%
Change on year
up 1.4%
World rank
121st
of 169 countries
All-time high
100.0%
in 2001
All-time low
57.5%
in 2017
Years of data
21
2001–2021

Bank concentration in Rwanda, 2001–2021

0204060801002001201120212001: 100 %2002: 100 %2003: 90.3 %2004: 87.4 %2005: 87 %2006: 85.2 %2007: 78.2 %2008: 76.2 %2009: 62.5 %2010: 68 %2011: 68.4 %2012: 73 %2013: 62.8 %2014: 63.9 %2015: 58 %2016: 61.1 %2017: 57.5 %2018: 59.6 %2019: 60.7 %2020: 61.3 %2021: 62.2 %

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 169 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 118 Italy 62.6% compare
  2. 119 Hong Kong 62.5% compare
  3. 120 Togo 62.4% compare
  4. 122 Honduras 61.7% compare
  5. 123 Hungary 60.9% compare
  6. 124 Canada 60.7% compare

See the full ranking of 169 places →

More financial sector data for Rwanda

All data for Rwanda →

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 169 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

Indicator
Bank concentration (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 3,296 data points, 2000–2021
Last refreshed

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.