Lending interest rate in Rwanda
Rwanda: Lending interest rate was 16.0% in 2024. ▬ Flat
Lending interest rate in Rwanda, 1996–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for lending interest rate in Rwanda is 16.0%, measured in 2024.
The figure is down 0.3% on the previous year and down 7.2% over ten years.
Over the whole period, lending interest rate in Rwanda peaked at 18.3% in 1996 and was at its lowest, 15.7%, in 1998.
Rwanda ranks 28th of 148 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.8% | 15.7% | 18.3% | 4 |
| 2000s | 16.2% | 15.8% | 16.7% | 10 |
| 2010s | 17.0% | 16.5% | 17.3% | 10 |
| 2020s | 16.2% | 16.0% | 16.4% | 5 |
Countries ranked near Rwanda
More financial sector data for Rwanda
- Net migration 6,282 (2025)
- Total reserves in months of imports 4.18 (2024)
- Net domestic credit 5.85 trillion current LCU (2025)
- Domestic credit to private sector by banks 22.0% (2025)
- Net foreign assets 3.22 trillion current LCU (2025)
- Claims on central government, etc. 0.7% (2025)
- Monetary Sector credit to private sector 22.1% (2025)
- Domestic credit to private sector 22.1% (2025)
- Broad money 26.1% (2024)
- Official exchange rate 1,428 LCU per US$, period average (2025)
Frequently asked questions
- What is lending interest rate in Rwanda?
- Lending interest rate in Rwanda was 16.0% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Rwanda?
- The highest recorded value was 18.3% in 1996.
- What is the lowest lending interest rate recorded in Rwanda?
- The lowest recorded value was 15.7% in 1998.
- How does Rwanda rank for lending interest rate?
- Rwanda ranks 28th out of 148 countries with data for 2024.
- Is lending interest rate 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 Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
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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.