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% |
Rwanda compared with similar countries
- Rwanda's 102.0% is above the median for low income countries, which is 61.3%, 1.7× the median. (23 countries reporting)
- Rwanda's 102.0% is above the median for Sub-Saharan Africa, which is 65.6%, 1.6× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Bank credit to bank deposits (%) 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 |
|---|---|---|---|
| 1966 | +142.1% | 17.1% | 41.4% |
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
- 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 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.
Download this data
CSV · JSON — 58 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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).