Financial system deposits to GDP in Rwanda
Rwanda: Financial system deposits to GDP was 24.8% in 2021. β² Rising
Financial system deposits to GDP in Rwanda, 1964β2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, financial system deposits to gdp in Rwanda stood at 24.8%. That is the highest value across all 58 years on record.
That represents a change of up 4.7% on the previous year and up 66.2% over ten years.
Over the whole period, financial system deposits to gdp in Rwanda peaked at 24.8% in 2021 and was at its lowest, 4.3%, in 1967.
That places Rwanda 153rd out of 184 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 58 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.3% | 4.3% | 7.0% | 6 |
| 1970s | 6.9% | 5.4% | 8.6% | 10 |
| 1980s | 8.7% | 6.8% | 11.3% | 10 |
| 1990s | 11.3% | 9.2% | 14.6% | 10 |
| 2000s | 13.5% | 11.9% | 14.6% | 10 |
| 2010s | 16.9% | 13.0% | 19.9% | 10 |
| 2020s | 24.2% | 23.6% | 24.8% | 2 |
Countries ranked near Rwanda
- 150 Azerbaijan, Republic of 25.5% compare
- 151 Yemen, Republic of 24.8% compare
- 152 Benin 24.8% compare
- 154 Haiti 24.2% compare
- 155 Ghana 23.9% compare
- 156 Sierra Leone 23.7% compare
More financial sector data for Rwanda
- Domestic credit to private sector by banks 22.0% (2025)
- Total reserves in months of imports 4.18 (2024)
- Net domestic credit 5.85 trillion current LCU (2025)
- Net foreign assets 3.22 trillion current LCU (2025)
- Monetary Sector credit to private sector 22.1% (2025)
- Broad money 26.1% (2024)
- Claims on central government, etc. 0.7% (2025)
- Domestic credit to private sector 22.1% (2025)
- Official exchange rate 1,428 LCU per US$, period average (2025)
- Net migration 6,282 (2025)
Frequently asked questions
- What is financial system deposits to gdp in Rwanda?
- Financial system deposits to gdp in Rwanda was 24.8% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Rwanda?
- The highest recorded value was 24.8% in 2021.
- What is the lowest financial system deposits to gdp recorded in Rwanda?
- The lowest recorded value was 4.3% in 1967.
- How does Rwanda rank for financial system deposits to gdp?
- Rwanda ranks 153rd out of 184 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Rwanda?
- Over the last ten years it is up 66.2%. The long-run trend across the full record is rising.
- Where does this Rwanda data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 58 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Demand, time and saving deposits in deposit money banks and other financial institutions 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 demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMFβs International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); 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).