Bank Z-score in Rwanda

Rwanda: Bank Z-score was 21.42 in 2021. ▲ Rising

Latest (2021)
21.42
Change on year
down 1.5%
World rank
43rd
of 170 countries
All-time high
23.55
in 2019
All-time low
10.18
in 2005
Years of data
21
2001–2021

Bank Z-score in Rwanda, 2001–2021

05101520252001201120212001: 13.52002: 10.82003: 11.62004: 11.22005: 10.22006: 122007: 14.62008: 16.12009: 16.82010: 19.62011: 21.62012: 22.82013: 17.72014: 18.72015: 20.42016: 20.22017: 18.42018: 22.22019: 23.62020: 21.82021: 21.4

Source: Bankscope, Bureau van Dijk (BvD).

Analysis

In 2021, bank z-score in Rwanda stood at 21.42.

The figure is down 1.5% on the previous year and down 1.0% over ten years.

Over the whole period, bank z-score in Rwanda peaked at 23.55 in 2019 and was at its lowest, 10.18, in 2005.

That places Rwanda 43rd out of 170 countries with data for 2021, putting it in the top quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Bank Z-score in Rwanda, year by year

Annual values for Bank Z-score in Rwanda, 2001 to 2021.
Year Value Change
2001 13.46
2002 10.79 -19.8%
2003 11.64 +7.8%
2004 11.2 -3.8%
2005 10.18 -9.1%
2006 11.99 +17.8%
2007 14.58 +21.6%
2008 16.11 +10.5%
2009 16.81 +4.3%
2010 19.63 +16.8%
2011 21.64 +10.3%
2012 22.82 +5.4%
2013 17.65 -22.6%
2014 18.75 +6.2%
2015 20.39 +8.8%
2016 20.23 -0.8%
2017 18.43 -8.9%
2018 22.25 +20.7%
2019 23.55 +5.9%
2020 21.76 -7.6%
2021 21.42 -1.5%

Rwanda compared with similar countries

  • Rwanda's 21.42 is above the median for low income countries, which is 12.19, 1.8× the median. (20 countries reporting)
  • Rwanda's 21.42 is above the median for Sub-Saharan Africa, which is 13.99, 1.5× the median. (40 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.97 10.18 16.81 9
2010s 20.53 17.65 23.55 10
2020s 21.59 21.42 21.76 2

Countries ranked near Rwanda

  1. 40 Cuba 22.45 compare
  2. 41 United Arab Emirates 22.29 compare
  3. 42 Tanzania 22.18 compare
  4. 44 Trinidad and Tobago 21.36 compare
  5. 45 Malaysia 20.72 compare
  6. 46 Egypt 20.6 compare

See the full ranking of 170 places →

More financial sector data for Rwanda

All data for Rwanda →

Frequently asked questions

What is bank z-score in Rwanda?
Bank z-score in Rwanda was 21.42 in 2021, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank z-score recorded in Rwanda?
The highest recorded value was 23.55 in 2019.
What is the lowest bank z-score recorded in Rwanda?
The lowest recorded value was 10.18 in 2005.
How does Rwanda rank for bank z-score?
Rwanda ranks 43rd out of 170 countries with data for 2021.
Is bank z-score rising or falling in Rwanda?
Over the last ten years it is down 1.0%. The long-run trend across the full record is rising.
Where does this Rwanda data come from?
The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank Z-score. Statizoid updates them automatically from the source API.

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Bank Z-score in Rwanda. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 23 September 2026, from https://financial-sector.statizoid.com/stat/bank-z-score/rwanda/

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About this data

Indicator
Bank Z-score
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
170 places, 3,302 data points, 2000–2021
Last refreshed

It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.