Lending Rate, Percent per annum in Rwanda
Rwanda: Lending Rate, Percent per annum was 16.02 in 2024. ▬ Flat
Lending Rate, Percent per annum in Rwanda, 1996–2024
Source: International Monetary Fund.
Analysis
The most recent figure for lending rate, percent per annum in Rwanda is 16.02, measured in 2024.
Compared with earlier readings it is down 0.3% on the previous year and down 7.2% over ten years.
Over the whole period, lending rate, percent per annum in Rwanda peaked at 18.26 in 1996 and was at its lowest, 15.72, in 1998.
That places Rwanda 25th out of 144 countries with data for 2024, putting it in the top quarter.
Lending Rate, Percent per annum in Rwanda, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 18.26 | — |
| 1997 | 16.71 | -8.4% |
| 1998 | 15.72 | -6.0% |
| 1999 | 16.32 | +3.9% |
| 2000 | 16.48 | +1.0% |
| 2001 | 16.35 | -0.8% |
| 2002 | 16.21 | -0.9% |
| 2003 | 15.99 | -1.4% |
| 2004 | 15.99 | -0.0% |
| 2005 | 15.78 | -1.3% |
| 2006 | 15.87 | +0.5% |
| 2007 | 16 | +0.8% |
| 2008 | 16.25 | +1.6% |
| 2009 | 16.72 | +2.9% |
| 2010 | 17 | +1.7% |
| 2011 | 16.67 | -2.0% |
| 2012 | 16.7 | +0.2% |
| 2013 | 17.32 | +3.7% |
| 2014 | 17.26 | -0.3% |
| 2015 | 17.33 | +0.4% |
| 2016 | 17.29 | -0.2% |
| 2017 | 17.17 | -0.7% |
| 2018 | 16.95 | -1.3% |
| 2019 | 16.53 | -2.5% |
| 2020 | 16.34 | -1.1% |
| 2021 | 16.18 | -1.0% |
| 2022 | 16.39 | +1.3% |
| 2023 | 16.06 | -2.0% |
| 2024 | 16.02 | -0.3% |
Rwanda compared with similar countries
- Rwanda's 16.02 is above the median for low income countries, which is 15, 1.1× the median. (19 countries reporting)
- Rwanda's 16.02 is above the median for Sub-Saharan Africa, which is 14.29, 1.1× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.75 | 15.72 | 18.26 | 4 |
| 2000s | 16.17 | 15.78 | 16.72 | 10 |
| 2010s | 17.02 | 16.53 | 17.33 | 10 |
| 2020s | 16.2 | 16.02 | 16.39 | 5 |
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 lending rate, percent per annum in Rwanda?
- Lending rate, percent per annum in Rwanda was 16.02 in 2024, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Rwanda?
- The highest recorded value was 18.26 in 1996.
- What is the lowest lending rate, percent per annum recorded in Rwanda?
- The lowest recorded value was 15.72 in 1998.
- How does Rwanda rank for lending rate, percent per annum?
- Rwanda ranks 25th out of 144 countries with data for 2024.
- Is lending rate, percent per annum rising or falling in Rwanda?
- Over the last ten years it is down 7.2%. The long-run trend across the full record is flat.
- Where does this Rwanda data come from?
- The figures come from International Monetary Fund, published as part of Lending Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.