Deposit interest rate in Rwanda in 2024 — 10.33%. Ranked 10 in the world out of 90. Since 1996, the indicator has fallen by 0.68 pp.
1996–2024 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 2024 | 10.33 | +0.68 pp |
| 2023 | 9.65 | +1.99 pp |
| 2022 | 7.66 | −0.39 pp |
| 2021 | 8.05 | +0.41 pp |
| 2020 | 7.64 | −0 pp |
| 2019 | 7.64 | +0.14 pp |
| 2018 | 7.51 | −0.21 pp |
| 2017 | 7.72 | −0.2 pp |
| 2016 | 7.91 | −0.32 pp |
| 2015 | 8.24 | −0 pp |
| 2014 | 8.24 | −1.68 pp |
| 2013 | 9.92 | +1.08 pp |
| 2012 | 8.85 | +1.1 pp |
| 2011 | 7.75 | +0.99 pp |
| 2010 | 6.76 | −1.34 pp |
| 2009 | 8.11 | +2.03 pp |
| 2008 | 6.08 | −1.54 pp |
| 2007 | 7.62 | −0.58 pp |
| 2006 | 8.2 | −0.47 pp |
| 2005 | 8.67 | −0.56 pp |
| 2004 | 9.23 | +0.07 pp |
| 2003 | 9.17 | −0.48 pp |
| 2002 | 9.65 | −0.33 pp |
| 2001 | 9.98 | +0.49 pp |
| 2000 | 9.49 | +1.03 pp |
| 1999 | 8.45 | −0.39 pp |
| 1998 | 8.84 | +0.46 pp |
| 1997 | 8.38 | −2.63 pp |
| 1996 | 11.01 | — |
The same indicator for neighboring countries — with links to their pages
The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.
Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.
Source: World Economic Outlook (IMF), license IMF open data.
The average rate at which banks lend to businesses and households.
Finance Real interest rateThe lending rate less inflation — the true cost of borrowed money.
Economy Consumer price inflationThe annual change in the consumer price index, in percent.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Finance Current account balance (World Bank)The current account balance as a percent of GDP from World Bank data.
Finance Broad money (% of GDP)The amount of money in the economy as a percent of GDP — the depth of the financial system.
