Rwanda—Lending Interest Rate (%)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #18 of 112
Latest Value
16.0%
2024
YoY Change
-0.3%
2023 → 2024
Global Rank
#18
of 112 countries
Maximum
17.3%
2015
Minimum
15.8%
2005
CAGR
-0.1%
25 years
Last
16.0%
Previous
16.1%
Highest
17.3%
Lowest
15.8%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 16.0% | -0.3% |
| 2023 | 16.1% | -2.0% |
| 2022 | 16.4% | +1.3% |
| 2021 | 16.2% | -1.0% |
| 2020 | 16.3% | -1.1% |
| 2019 | 16.5% | -2.5% |
| 2018 | 16.9% | -1.3% |
| 2017 | 17.2% | -0.7% |
| 2016 | 17.3% | -0.2% |
| 2015 | 17.3% | +0.4% |
| 2014 | 17.3% | -0.3% |
| 2013 | 17.3% | +3.7% |
| 2012 | 16.7% | +0.2% |
| 2011 | 16.7% | -2.0% |
| 2010 | 17.0% | +1.7% |
| 2009 | 16.7% | +2.9% |
| 2008 | 16.3% | +1.6% |
| 2007 | 16.0% | +0.8% |
| 2006 | 15.9% | +0.5% |
| 2005 | 15.8% | -1.3% |
| 2004 | 16.0% | -0.0% |
| 2003 | 16.0% | -1.4% |
| 2002 | 16.2% | -0.9% |
| 2001 | 16.4% | -0.8% |
| 2000 | 16.5% |
Top Countries — Lending Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Zimbabwe | 170.3% | 2023 |
| 2 | Argentina | 61.7% | 2024 |
| 3 | Madagascar | 53.6% | 2023 |
| 4 | Brazil | 40.2% | 2024 |
| 5 | Malawi | 37.1% | 2024 |
| 6 | Egypt, Arab Rep. | 24.3% | 2024 |
| 7 | Congo, Dem. Rep. | 23.3% | 2021 |
| 8 | Uzbekistan | 23.1% | 2024 |
| 9 | Mozambique | 21.7% | 2024 |
| 10 | Gambia, The | 20.8% | 2023 |
About This Indicator
Definition
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. This indicator is expressed as a percentage (a÷b)*100.
Methodology
Data compiled by International Financial Statistics database, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →