Kenya vs Rwanda: Lending interest rate
Kenya
16.6%
in 2024
Rwanda
16.0%
in 2024
Kenya rank
27th
Rwanda rank
28th
Lending interest rate over time
- Kenya
- Rwanda
How they compare
Kenya currently reports 16.6% against 16.0% in Rwanda, a difference of 0.6%.
The two have swapped places 4 times across 29 shared years of data; in 1996 it was Kenya ahead.
Globally, Kenya ranks 27th and Rwanda ranks 28th of 148 countries.
Individual pages
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.