Domestic credit to private sector in Rwanda
Rwanda: Domestic credit to private sector was 25.0% in 2020. ◆ Volatile
Domestic credit to private sector in Rwanda, 1964–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2020, domestic credit to private sector in Rwanda stood at 25.0%. That is the highest value across all 57 years on record.
Compared with earlier readings it is up 16.7% on the previous year and up 117.7% over ten years.
Over the whole period, domestic credit to private sector in Rwanda peaked at 25.0% in 2020 and was at its lowest, 0.9%, in 1964.
Rwanda ranks 137th 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.
Domestic credit to private sector in Rwanda, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1964 | 0.9% | — |
| 1965 | 1.1% | +17.4% |
| 1966 | 2.0% | +79.8% |
| 1967 | 1.5% | -25.9% |
| 1968 | 1.4% | -7.5% |
| 1969 | 1.7% | +22.1% |
| 1970 | 2.4% | +45.1% |
| 1971 | 2.9% | +20.8% |
| 1972 | 2.0% | -30.0% |
| 1973 | 3.7% | +79.7% |
| 1974 | 6.2% | +69.1% |
| 1975 | 3.1% | -49.2% |
| 1976 | 3.4% | +8.8% |
| 1977 | 5.5% | +61.6% |
| 1978 | 5.9% | +6.7% |
| 1979 | 4.4% | -25.1% |
| 1980 | 5.7% | +30.1% |
| 1981 | 6.1% | +6.0% |
| 1982 | 6.1% | +0.6% |
| 1983 | 5.9% | -4.2% |
| 1984 | 6.5% | +9.9% |
| 1985 | 7.7% | +19.6% |
| 1986 | 7.9% | +2.2% |
| 1987 | 7.9% | +0.4% |
| 1988 | 9.0% | +13.7% |
| 1989 | 9.2% | +2.4% |
| 1990 | 6.9% | -25.0% |
| 1991 | 5.1% | -26.0% |
| 1992 | 5.7% | +10.8% |
| 1993 | 6.3% | +11.5% |
| 1994 | 9.9% | +56.1% |
| 1995 | 8.4% | -14.8% |
| 1996 | 6.8% | -19.1% |
| 1997 | 8.1% | +18.9% |
| 1998 | 8.8% | +8.3% |
| 1999 | 8.4% | -4.5% |
| 2000 | 8.7% | +4.4% |
| 2001 | 9.1% | +4.0% |
| 2002 | 9.4% | +3.8% |
| 2003 | 8.9% | -5.3% |
| 2004 | 9.8% | +10.1% |
| 2005 | 10.3% | +4.9% |
| 2006 | 11.8% | +14.1% |
| 2007 | 12.0% | +2.3% |
| 2008 | 13.4% | +11.1% |
| 2009 | 11.2% | -16.5% |
| 2010 | 11.5% | +3.0% |
| 2011 | 13.3% | +15.4% |
| 2012 | 15.8% | +18.7% |
| 2013 | 16.2% | +2.9% |
| 2014 | 17.6% | +8.7% |
| 2015 | 21.0% | +19.1% |
| 2016 | 20.5% | -2.5% |
| 2017 | 20.6% | +0.5% |
| 2018 | 21.4% | +3.9% |
| 2019 | 21.4% | +0.3% |
| 2020 | 25.0% | +16.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.4% | 0.9% | 2.0% | 6 |
| 1970s | 4.0% | 2.0% | 6.2% | 10 |
| 1980s | 7.2% | 5.7% | 9.2% | 10 |
| 1990s | 7.4% | 5.1% | 9.9% | 10 |
| 2000s | 10.5% | 8.7% | 13.4% | 10 |
| 2010s | 17.9% | 11.5% | 21.4% | 10 |
| 2020s | 25.0% | 25.0% | 25.0% | 1 |
Countries ranked near Rwanda
- 134 Mali 26.0% compare
- 135 Romania 26.0% compare
- 136 Kazakhstan 25.6% compare
- 138 Mozambique 24.8% compare
- 139 Suriname 24.5% compare
- 140 Mauritania 22.7% 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 domestic credit to private sector in Rwanda?
- Domestic credit to private sector in Rwanda was 25.0% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Rwanda?
- The highest recorded value was 25.0% in 2020.
- What is the lowest domestic credit to private sector recorded in Rwanda?
- The lowest recorded value was 0.9% in 1964.
- How does Rwanda rank for domestic credit to private sector?
- Rwanda ranks 137th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Rwanda?
- Over the last ten years it is up 117.7%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.