Bank cost to income ratio in Rwanda
Rwanda: Bank cost to income ratio was 43.0% in 2021. ▼ Falling
Bank cost to income ratio in Rwanda, 2003–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank cost to income ratio in Rwanda is 43.0%, measured in 2021. That is the lowest value across all 19 years on record.
The figure is down 0.6% on the previous year and down 38.8% over ten years.
Over the whole period, bank cost to income ratio in Rwanda peaked at 99.5% in 2005 and was at its lowest, 43.0%, in 2021.
That places Rwanda 144th out of 169 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Bank cost to income ratio in Rwanda, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 69.8% | — |
| 2004 | 81.4% | +16.5% |
| 2005 | 99.5% | +22.2% |
| 2006 | 64.0% | -35.6% |
| 2007 | 76.5% | +19.5% |
| 2008 | 62.8% | -17.9% |
| 2009 | 72.9% | +16.1% |
| 2010 | 69.9% | -4.1% |
| 2011 | 70.2% | +0.4% |
| 2012 | 68.3% | -2.7% |
| 2013 | 81.8% | +19.8% |
| 2014 | 74.0% | -9.5% |
| 2015 | 64.2% | -13.3% |
| 2016 | 61.8% | -3.7% |
| 2017 | 60.5% | -2.2% |
| 2018 | 58.4% | -3.4% |
| 2019 | 50.7% | -13.2% |
| 2020 | 43.2% | -14.7% |
| 2021 | 43.0% | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 75.3% | 62.8% | 99.5% | 7 |
| 2010s | 66.0% | 50.7% | 81.8% | 10 |
| 2020s | 43.1% | 43.0% | 43.2% | 2 |
Countries ranked near Rwanda
- 141 Malaysia 43.4% compare
- 142 Burkina Faso 43.2% compare
- 143 Tajikistan 43.1% compare
- 145 New Zealand 42.6% compare
- 146 Uzbekistan 42.3% compare
- 147 Kenya 42.2% compare
More financial sector data for Rwanda
- Total reserves (gold at national valuation) (SDR), annual growth rate -22.34 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 98.37 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 16.11 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -19.99 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0853 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 95.89 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -22.34 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 98.37 SDR per person (2025)
Frequently asked questions
- What is bank cost to income ratio in Rwanda?
- Bank cost to income ratio in Rwanda was 43.0% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Rwanda?
- The highest recorded value was 99.5% in 2005.
- What is the lowest bank cost to income ratio recorded in Rwanda?
- The lowest recorded value was 43.0% in 2021.
- How does Rwanda rank for bank cost to income ratio?
- Rwanda ranks 144th out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in Rwanda?
- Over the last ten years it is down 38.8%. 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 cost to income ratio (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.