Bank return on equity (%, before tax) in Rwanda
Rwanda: Bank return on equity (%, before tax) was 23.2% in 2021. ◆ Volatile
Bank return on equity in Rwanda, 2002–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, before tax.
Analysis
Rwanda recorded 23.2% for bank return on equity in 2021.
That represents a change of up 14.7% on the previous year and up 23.5% over ten years.
Over the whole period, bank return on equity in Rwanda peaked at 73.3% in 2003 and was at its lowest, 4.8%, in 2013.
Rwanda ranks 23rd of 168 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Bank return on equity (%, before tax) in Rwanda, year by year
| Year | %, before tax | Change |
|---|---|---|
| 2002 | 48.7% | — |
| 2003 | 73.3% | +50.5% |
| 2004 | 46.6% | -36.4% |
| 2005 | 23.1% | -50.5% |
| 2006 | 39.9% | +73.0% |
| 2007 | 21.1% | -47.1% |
| 2008 | 30.8% | +45.8% |
| 2009 | 14.2% | -53.9% |
| 2010 | 21.0% | +47.8% |
| 2011 | 18.8% | -10.3% |
| 2012 | 16.2% | -13.8% |
| 2013 | 4.8% | -70.1% |
| 2014 | 13.5% | +179.5% |
| 2015 | 16.8% | +24.0% |
| 2016 | 14.5% | -13.9% |
| 2017 | 11.2% | -22.7% |
| 2018 | 17.3% | +54.8% |
| 2019 | 23.5% | +35.6% |
| 2020 | 20.3% | -13.7% |
| 2021 | 23.2% | +14.7% |
Rwanda compared with similar countries
- Rwanda's 23.2% is above the median for low income countries, which is 19.1%, 1.2× the median. (19 countries reporting)
- Rwanda's 23.2% is above the median for Sub-Saharan Africa, which is 20.8%, 1.1× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.2% | 14.2% | 73.3% | 8 |
| 2010s | 15.8% | 4.8% | 23.5% | 10 |
| 2020s | 21.7% | 20.3% | 23.2% | 2 |
Countries ranked near Rwanda
- 20 Turkmenistan 24.0% compare
- 21 Gambia 23.5% compare
- 22 Pakistan 23.3% compare
- 24 Saint Lucia 23.1% compare
- 25 Dominican Republic 23.1% compare
- 26 Tanzania 22.9% compare
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 return on equity in Rwanda?
- Bank return on equity in Rwanda was 23.2% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank return on equity recorded in Rwanda?
- The highest recorded value was 73.3% in 2003.
- What is the lowest bank return on equity recorded in Rwanda?
- The lowest recorded value was 4.8% in 2013.
- How does Rwanda rank for bank return on equity?
- Rwanda ranks 23rd out of 168 countries with data for 2021.
- Is bank return on equity rising or falling in Rwanda?
- Over the last ten years it is up 23.5%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank return on equity (%, before tax). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data10270[t] / ((data2055[t] + data2055[t-1])/2). 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.