Deposit money banks'' assets to GDP (%) in Rwanda
Rwanda: Deposit money banks'' assets to GDP (%) was 35.2% in 2021. ◆ Volatile
Deposit money banks'' assets to GDP in Rwanda, 1964–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, deposit money banks'' assets to gdp in Rwanda stood at 35.2%. That is the highest value across all 58 years on record.
The figure is up 3.2% on the previous year and up 133.3% over ten years.
Over the whole period, deposit money banks'' assets to gdp in Rwanda peaked at 35.2% in 2021 and was at its lowest, 2.9%, in 1964.
Rwanda ranks 130th of 187 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.
Deposit money banks'' assets to GDP (%) in Rwanda, year by year
| Year | % | Change |
|---|---|---|
| 1964 | 2.9% | — |
| 1965 | 3.8% | +33.0% |
| 1966 | 3.9% | +1.5% |
| 1967 | 3.1% | -19.4% |
| 1968 | 2.9% | -6.5% |
| 1969 | 3.4% | +15.5% |
| 1970 | 4.4% | +30.7% |
| 1971 | 5.5% | +24.1% |
| 1972 | 5.4% | -0.8% |
| 1973 | 6.7% | +23.8% |
| 1974 | 9.9% | +47.9% |
| 1975 | 5.8% | -41.2% |
| 1976 | 4.1% | -28.7% |
| 1977 | 5.9% | +43.5% |
| 1978 | 6.1% | +3.3% |
| 1979 | 4.6% | -25.8% |
| 1980 | 5.7% | +24.1% |
| 1981 | 6.1% | +7.8% |
| 1982 | 6.8% | +12.1% |
| 1983 | 7.1% | +3.4% |
| 1984 | 8.0% | +13.4% |
| 1985 | 9.3% | +16.2% |
| 1986 | 9.9% | +6.3% |
| 1987 | 10.6% | +7.1% |
| 1988 | 12.8% | +20.3% |
| 1989 | 12.4% | -2.8% |
| 1990 | 9.4% | -24.4% |
| 1991 | 7.3% | -21.8% |
| 1992 | 8.1% | +10.1% |
| 1993 | 7.9% | -2.7% |
| 1994 | 12.4% | +57.5% |
| 1995 | 9.7% | -21.7% |
| 1996 | 7.9% | -18.4% |
| 1997 | 9.0% | +14.3% |
| 1998 | 9.8% | +8.6% |
| 1999 | 11.1% | +13.0% |
| 2000 | 11.3% | +1.9% |
| 2001 | 11.3% | -0.5% |
| 2002 | 12.7% | +12.3% |
| 2003 | 11.5% | -8.9% |
| 2004 | 12.7% | +10.4% |
| 2005 | 12.7% | -0.1% |
| 2006 | 13.1% | +3.0% |
| 2007 | 14.0% | +6.5% |
| 2008 | 14.4% | +3.4% |
| 2009 | 12.1% | -16.0% |
| 2010 | 13.8% | +14.2% |
| 2011 | 15.1% | +9.2% |
| 2012 | 17.0% | +12.8% |
| 2013 | 19.2% | +12.5% |
| 2014 | 20.9% | +8.9% |
| 2015 | 25.1% | +20.4% |
| 2016 | 24.5% | -2.4% |
| 2017 | 25.5% | +3.9% |
| 2018 | 26.7% | +4.7% |
| 2019 | 28.0% | +5.0% |
| 2020 | 34.1% | +21.8% |
| 2021 | 35.2% | +3.2% |
Rwanda compared with similar countries
- Rwanda's 35.2% is above the median for low income countries, which is 21.1%, 1.7× the median. (23 countries reporting)
- Rwanda's 35.2% is above the median for Sub-Saharan Africa, which is 23.7%, 1.5× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.3% | 2.9% | 3.9% | 6 |
| 1970s | 5.8% | 4.1% | 9.9% | 10 |
| 1980s | 8.9% | 5.7% | 12.8% | 10 |
| 1990s | 9.3% | 7.3% | 12.4% | 10 |
| 2000s | 12.6% | 11.3% | 14.4% | 10 |
| 2010s | 21.6% | 13.8% | 28.0% | 10 |
| 2020s | 34.7% | 34.1% | 35.2% | 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 deposit money banks'' assets to gdp in Rwanda?
- Deposit money banks'' assets to gdp in Rwanda was 35.2% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest deposit money banks'' assets to gdp recorded in Rwanda?
- The highest recorded value was 35.2% in 2021.
- What is the lowest deposit money banks'' assets to gdp recorded in Rwanda?
- The lowest recorded value was 2.9% in 1964.
- How does Rwanda rank for deposit money banks'' assets to gdp?
- Rwanda ranks 130th out of 187 countries with data for 2021.
- Is deposit money banks'' assets to gdp rising or falling in Rwanda?
- Over the last ten years it is up 133.3%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).