Financial Institutions Efficiency Index in Rwanda
Rwanda: Financial Institutions Efficiency Index was 0.4726 in 2020. ▼ Falling
Financial Institutions Efficiency Index in Rwanda, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions efficiency index in Rwanda is 0.4726, measured in 2020.
The figure is up 5.6% on the previous year and up 29.1% over ten years.
Over the whole period, financial institutions efficiency index in Rwanda peaked at 0.8413 in 1989 and was at its lowest, 0.2987, in 2009.
That places Rwanda 155th out of 183 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 41 years of available data.
Financial Institutions Efficiency Index in Rwanda, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.6853 | — |
| 1981 | 0.7108 | +3.7% |
| 1982 | 0.7308 | +2.8% |
| 1983 | 0.7163 | -2.0% |
| 1984 | 0.7487 | +4.5% |
| 1985 | 0.7965 | +6.4% |
| 1986 | 0.8031 | +0.8% |
| 1987 | 0.8046 | +0.2% |
| 1988 | 0.8353 | +3.8% |
| 1989 | 0.8413 | +0.7% |
| 1990 | 0.7218 | -14.2% |
| 1991 | 0.5779 | -19.9% |
| 1992 | 0.6156 | +6.5% |
| 1993 | 0.6494 | +5.5% |
| 1994 | 0.5057 | -22.1% |
| 1995 | 0.7442 | +47.2% |
| 1996 | 0.6834 | -8.2% |
| 1997 | 0.6083 | -11.0% |
| 1998 | 0.6141 | +0.9% |
| 1999 | 0.5957 | -3.0% |
| 2000 | 0.7193 | +20.7% |
| 2001 | 0.5393 | -25.0% |
| 2002 | 0.4993 | -7.4% |
| 2003 | 0.5353 | +7.2% |
| 2004 | 0.4343 | -18.9% |
| 2005 | 0.3017 | -30.5% |
| 2006 | 0.493 | +63.4% |
| 2007 | 0.3922 | -20.4% |
| 2008 | 0.4048 | +3.2% |
| 2009 | 0.2987 | -26.2% |
| 2010 | 0.3662 | +22.6% |
| 2011 | 0.3601 | -1.7% |
| 2012 | 0.3685 | +2.3% |
| 2013 | 0.3413 | -7.4% |
| 2014 | 0.3401 | -0.4% |
| 2015 | 0.3707 | +9.0% |
| 2016 | 0.3495 | -5.7% |
| 2017 | 0.4351 | +24.5% |
| 2018 | 0.5048 | +16.0% |
| 2019 | 0.4474 | -11.4% |
| 2020 | 0.4726 | +5.6% |
Rwanda compared with similar countries
- Rwanda's 0.4726 is below the median for low income countries, which is 0.5209, 91% of the median. (22 countries reporting)
- Rwanda's 0.4726 is below the median for Sub-Saharan Africa, which is 0.5175, 91% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.7673 | 0.6853 | 0.8413 | 10 |
| 1990s | 0.6316 | 0.5057 | 0.7442 | 10 |
| 2000s | 0.4618 | 0.2987 | 0.7193 | 10 |
| 2010s | 0.3884 | 0.3401 | 0.5048 | 10 |
| 2020s | 0.4726 | 0.4726 | 0.4726 | 1 |
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 financial institutions efficiency index in Rwanda?
- Financial institutions efficiency index in Rwanda was 0.4726 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Rwanda?
- The highest recorded value was 0.8413 in 1989.
- What is the lowest financial institutions efficiency index recorded in Rwanda?
- The lowest recorded value was 0.2987 in 2009.
- How does Rwanda rank for financial institutions efficiency index?
- Rwanda ranks 155th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Rwanda?
- Over the last ten years it is up 29.1%. The long-run trend across the full record is falling.
- Where does this Rwanda data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Efficiency Index. Statizoid updates them automatically from the source API.
Download this data
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.