Broad money growth in Rwanda
Rwanda: Broad money growth was 18.8% in 2024. ◆ Volatile
Broad money growth in Rwanda, 1965–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2024, broad money growth in Rwanda stood at 18.8%.
Compared with earlier readings it is down 24.2% on the previous year and up 9.3% over ten years.
Over the whole period, broad money growth in Rwanda peaked at 69.5% in 1995 and was at its lowest, -4.2%, in 1989.
That places Rwanda 29th out of 166 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.0% | 5.5% | 29.4% | 5 |
| 1970s | 21.4% | 1.8% | 35.5% | 10 |
| 1980s | 8.0% | -4.2% | 17.2% | 10 |
| 1990s | 14.1% | -3.7% | 69.5% | 10 |
| 2000s | 17.0% | 3.9% | 33.4% | 10 |
| 2010s | 15.9% | 8.5% | 29.0% | 10 |
| 2020s | 21.2% | 18.3% | 24.8% | 5 |
Countries ranked near Rwanda
More financial sector data for Rwanda
- Domestic credit to private sector 22.1% (2025)
- Claims on central government, etc. 0.7% (2025)
- Broad money 26.1% (2024)
- Monetary Sector credit to private sector 22.1% (2025)
- Net foreign assets 3.22 trillion current LCU (2025)
- Net domestic credit 5.85 trillion current LCU (2025)
- Total reserves in months of imports 4.18 (2024)
- Net migration 6,282 (2025)
- Domestic credit to private sector by banks 22.0% (2025)
- Official exchange rate 1,428 LCU per US$, period average (2025)
Frequently asked questions
- What is broad money growth in Rwanda?
- Broad money growth in Rwanda was 18.8% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Rwanda?
- The highest recorded value was 69.5% in 1995.
- What is the lowest broad money growth recorded in Rwanda?
- The lowest recorded value was -4.2% in 1989.
- How does Rwanda rank for broad money growth?
- Rwanda ranks 29th out of 166 countries with data for 2024.
- Is broad money growth rising or falling in Rwanda?
- Over the last ten years it is up 9.3%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.