Mongolia vs Rwanda: Lending interest rate
Mongolia
16.0%
in 2021
Rwanda
16.0%
in 2024
Mongolia rank
29th
Rwanda rank
28th
Lending interest rate over time
- Mongolia
- Rwanda
How they compare
Rwanda currently reports 16.0% against 16.0% in Mongolia, a difference of 0.0%.
The two have swapped places 3 times across 24 shared years of data; in 1998 it was Mongolia ahead.
Globally, Mongolia ranks 29th 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.