Bank credit to bank deposits in Rwanda
Rwanda: Bank credit to bank deposits was 102.0% in 2021. ▲ Rising
Bank credit to bank deposits in Rwanda, 1964–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank credit to bank deposits in Rwanda is 102.0%, measured in 2021.
That represents a change of down 3.2% on the previous year and up 16.4% over ten years.
Over the whole period, bank credit to bank deposits in Rwanda peaked at 116.1% in 2017 and was at its lowest, 13.5%, in 1964.
That places Rwanda 35th out of 186 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 58 years of available data.
Bank credit to bank deposits in Rwanda, year by year
| Year | % | Change |
|---|---|---|
| 1964 | 13.5% | — |
| 1965 | 17.1% | +26.8% |
| 1966 | 41.4% | +142.1% |
| 1967 | 34.2% | -17.6% |
| 1968 | 30.4% | -10.9% |
| 1969 | 32.2% | +5.7% |
| 1970 | 43.0% | +33.6% |
| 1971 | 45.5% | +6.0% |
| 1972 | 32.6% | -28.4% |
| 1973 | 44.7% | +37.0% |
| 1974 | 69.5% | +55.5% |
| 1975 | 57.3% | -17.5% |
| 1976 | 44.4% | -22.4% |
| 1977 | 67.8% | +52.5% |
| 1978 | 72.8% | +7.5% |
| 1979 | 50.7% | -30.4% |
| 1980 | 70.4% | +38.9% |
| 1981 | 81.1% | +15.3% |
| 1982 | 87.3% | +7.6% |
| 1983 | 78.0% | -10.6% |
| 1984 | 84.2% | +8.0% |
| 1985 | 90.7% | +7.7% |
| 1986 | 78.2% | -13.8% |
| 1987 | 71.0% | -9.2% |
| 1988 | 78.8% | +10.9% |
| 1989 | 84.2% | +6.9% |
| 1990 | 69.2% | -17.9% |
| 1991 | 51.7% | -25.3% |
| 1992 | 59.3% | +14.8% |
| 1993 | 68.1% | +14.9% |
| 1994 | 66.9% | -1.8% |
| 1995 | 63.4% | -5.3% |
| 1996 | 59.8% | -5.6% |
| 1997 | 67.1% | +12.2% |
| 1998 | 80.0% | +19.3% |
| 1999 | 78.9% | -1.4% |
| 2000 | 78.6% | -0.4% |
| 2001 | 75.0% | -4.6% |
| 2002 | 71.3% | -5.0% |
| 2003 | 70.9% | -0.6% |
| 2004 | 72.6% | +2.5% |
| 2005 | 77.4% | +6.5% |
| 2006 | 91.2% | +17.8% |
| 2007 | 83.8% | -8.1% |
| 2008 | 103.6% | +23.6% |
| 2009 | 92.1% | -11.1% |
| 2010 | 87.2% | -5.3% |
| 2011 | 87.7% | +0.5% |
| 2012 | 103.5% | +18.1% |
| 2013 | 102.0% | -1.5% |
| 2014 | 103.0% | +1.0% |
| 2015 | 112.2% | +9.0% |
| 2016 | 111.8% | -0.4% |
| 2017 | 116.1% | +3.8% |
| 2018 | 108.9% | -6.2% |
| 2019 | 107.2% | -1.5% |
| 2020 | 105.3% | -1.8% |
| 2021 | 102.0% | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 28.1% | 13.5% | 41.4% | 6 |
| 1970s | 52.8% | 32.6% | 72.8% | 10 |
| 1980s | 80.4% | 70.4% | 90.7% | 10 |
| 1990s | 66.5% | 51.7% | 80.0% | 10 |
| 2000s | 81.6% | 70.9% | 103.6% | 10 |
| 2010s | 104.0% | 87.2% | 116.1% | 10 |
| 2020s | 103.7% | 102.0% | 105.3% | 2 |
Countries ranked near Rwanda
More financial sector data for Rwanda
- Net domestic credit (current LCU), per capita 401,388 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 357.19 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 31.82 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2004)
- Gold reserves at market value 0 SDR (2004)
- Reserves excluding gold, foreign exchange 1.40 billion SDR (2025)
- Reserves excluding gold 1.43 billion SDR (2025)
- Total reserves (gold at market value) 1.43 billion SDR (2025)
- Total reserves (gold at national valuation) 1.43 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 98.37 SDR per person (2025)
Frequently asked questions
- What is bank credit to bank deposits in Rwanda?
- Bank credit to bank deposits in Rwanda was 102.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Rwanda?
- The highest recorded value was 116.1% in 2017.
- What is the lowest bank credit to bank deposits recorded in Rwanda?
- The lowest recorded value was 13.5% in 1964.
- How does Rwanda rank for bank credit to bank deposits?
- Rwanda ranks 35th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Rwanda?
- Over the last ten years it is up 16.4%. The long-run trend across the full record is rising.
- Where does this Rwanda data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).