Borrowers from commercial banks in Rwanda
Rwanda: Borrowers from commercial banks was 98.09 per 1,000 adults in 2024. ◆ Volatile
Borrowers from commercial banks in Rwanda, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
Rwanda recorded 98.09 per 1,000 adults for borrowers from commercial banks in 2024.
That represents a change of down 27.3% on the previous year and up 185.9% over ten years.
Over the whole period, borrowers from commercial banks in Rwanda peaked at 135.01 per 1,000 adults in 2023 and was at its lowest, 0.3939 per 1,000 adults, in 2004.
Rwanda ranks 72nd of 112 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Borrowers from commercial banks in Rwanda, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 0.3939 per 1,000 adults | — |
| 2005 | 0.9656 per 1,000 adults | +145.2% |
| 2006 | 0.75 per 1,000 adults | -22.3% |
| 2007 | 1.11 per 1,000 adults | +47.8% |
| 2008 | 1.45 per 1,000 adults | +30.4% |
| 2009 | 2.96 per 1,000 adults | +104.9% |
| 2010 | 6 per 1,000 adults | +102.4% |
| 2011 | 8.97 per 1,000 adults | +49.6% |
| 2012 | 10.28 per 1,000 adults | +14.6% |
| 2013 | 14.66 per 1,000 adults | +42.6% |
| 2014 | 34.31 per 1,000 adults | +134.1% |
| 2015 | 35.33 per 1,000 adults | +3.0% |
| 2016 | 29.28 per 1,000 adults | -17.1% |
| 2017 | 19.68 per 1,000 adults | -32.8% |
| 2018 | 27.19 per 1,000 adults | +38.1% |
| 2019 | 38.66 per 1,000 adults | +42.2% |
| 2020 | 49.26 per 1,000 adults | +27.4% |
| 2021 | 52.69 per 1,000 adults | +7.0% |
| 2022 | 88.07 per 1,000 adults | +67.1% |
| 2023 | 135.01 per 1,000 adults | +53.3% |
| 2024 | 98.09 per 1,000 adults | -27.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.27 per 1,000 adults | 0.3939 per 1,000 adults | 2.96 per 1,000 adults | 6 |
| 2010s | 22.44 per 1,000 adults | 6 per 1,000 adults | 38.66 per 1,000 adults | 10 |
| 2020s | 84.62 per 1,000 adults | 49.26 per 1,000 adults | 135.01 per 1,000 adults | 5 |
Countries ranked near Rwanda
- 69 Madagascar 121.6 per 1,000 adults compare
- 70 Honduras 120.83 per 1,000 adults compare
- 71 Mauritania 98.95 per 1,000 adults compare
- 73 Bangladesh 96.44 per 1,000 adults compare
- 74 Gabon 92.11 per 1,000 adults compare
- 75 Vanuatu 88.45 per 1,000 adults compare
More financial sector data for Rwanda
- Total reserves in months of imports, annual growth rate 16.11 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -19.99 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0853 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 95.89 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -22.34 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 98.37 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -22.34 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 98.37 SDR per person (2025)
Frequently asked questions
- What is borrowers from commercial banks in Rwanda?
- Borrowers from commercial banks in Rwanda was 98.09 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Rwanda?
- The highest recorded value was 135.01 per 1,000 adults in 2023.
- What is the lowest borrowers from commercial banks recorded in Rwanda?
- The lowest recorded value was 0.3939 per 1,000 adults in 2004.
- How does Rwanda rank for borrowers from commercial banks?
- Rwanda ranks 72nd out of 112 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Rwanda?
- Over the last ten years it is up 185.9%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.