Bank nonperforming loans to total gross loans (%) in Rwanda
Rwanda: Bank nonperforming loans to total gross loans (%) was 4.2% in 2024. ▼ Falling
Bank nonperforming loans to total gross loans in Rwanda, 2008–2024
Source: Financial Soundness Indicators, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank nonperforming loans to total gross loans in Rwanda is 4.2%, measured in 2024.
Compared with earlier readings it is down 9.9% on the previous year and down 19.9% over ten years.
Over the whole period, bank nonperforming loans to total gross loans in Rwanda peaked at 10.6% in 2008 and was at its lowest, 3.7%, in 2022.
Rwanda ranks 57th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Bank nonperforming loans to total gross loans (%) in Rwanda, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 10.6% | — |
| 2009 | 9.3% | -12.2% |
| 2010 | 8.1% | -13.5% |
| 2011 | 6.2% | -23.4% |
| 2012 | 6.4% | +3.0% |
| 2013 | 6.1% | -4.9% |
| 2014 | 5.2% | -13.8% |
| 2015 | 5.9% | +13.1% |
| 2016 | 7.1% | +19.9% |
| 2017 | 7.2% | +2.0% |
| 2018 | 4.5% | -37.6% |
| 2019 | 4.0% | -10.6% |
| 2020 | 4.3% | +7.3% |
| 2021 | 5.4% | +24.6% |
| 2022 | 3.7% | -31.2% |
| 2023 | 4.6% | +25.4% |
| 2024 | 4.2% | -9.9% |
Rwanda compared with similar countries
- Rwanda's 4.2% is below the median for low income countries, which is 5.3%, 80% of the median. (12 countries reporting)
- Rwanda's 4.2% is below the median for Sub-Saharan Africa, which is 6.1%, 69% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.0% | 9.3% | 10.6% | 2 |
| 2010s | 6.1% | 4.0% | 8.1% | 10 |
| 2020s | 4.4% | 3.7% | 5.4% | 5 |
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 nonperforming loans to total gross loans in Rwanda?
- Bank nonperforming loans to total gross loans in Rwanda was 4.2% in 2024, according to Financial Soundness Indicators, International Monetary Fund (IMF).
- What is the highest bank nonperforming loans to total gross loans recorded in Rwanda?
- The highest recorded value was 10.6% in 2008.
- What is the lowest bank nonperforming loans to total gross loans recorded in Rwanda?
- The lowest recorded value was 3.7% in 2022.
- How does Rwanda rank for bank nonperforming loans to total gross loans?
- Rwanda ranks 57th out of 151 countries with data for 2024.
- Is bank nonperforming loans to total gross loans rising or falling in Rwanda?
- Over the last ten years it is down 19.9%. The long-run trend across the full record is falling.
- Where does this Rwanda data come from?
- The figures come from Financial Soundness Indicators, International Monetary Fund (IMF), published as part of Bank nonperforming loans to total gross loans (%). Statizoid updates them automatically from the source API.
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About this data
The indicator measures the proportion of a deposit taker’s loan portfolio that is impaired or at risk of default. It is calculated as the ratio of non-performing loans (NPLs) to total gross loans, where NPLs are defined as loans that are past due by 90 days or more or are otherwise considered unlikely to be repaid in full without the realization of collateral. Both non-performing loans and total gross loans should be reported at their gross book value, without deducting for loan-loss provisions or collateral. This indicator provides a key measure of asset quality and potential credit risk in the banking system.