Rwanda—Real Interest Rate (%)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #8 of 112Updated April 2026
Latest Value
11.8%
2024
YoY Change
+221.8%
2023 → 2024
Global Rank
#8
of 112 countries
Maximum
22.6%
2002
Minimum
-3.6%
2003
CAGR
-0.3%
25 years
Last
11.8%
Previous
3.7%
Highest
22.6%
Lowest
-3.6%
Source
World Bank World Development Indicators
Rwanda's real interest rate (%) was 11.8% in 2024, ranking #8 out of 112 countries. This represents a +221.8% change from 2023. Over the past 25 years, the highest recorded value was 22.6% (2002) and the lowest was -3.6% (2003). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 11.8% | +221.8% |
| 2023 | 3.7% | +640.9% |
| 2022 | 0.5% | -96.1% |
| 2021 | 12.9% | +42.4% |
| 2020 | 9.0% | -34.2% |
| 2019 | 13.7% | -22.3% |
| 2018 | 17.7% | +112.0% |
| 2017 | 8.3% | -28.7% |
| 2016 | 11.7% | -30.4% |
| 2015 | 16.8% | +40.2% |
| 2014 | 12.0% | -16.0% |
| 2013 | 14.2% | +24.5% |
| 2012 | 11.4% | +29.4% |
| 2011 | 8.8% | -34.0% |
| 2010 | 13.4% | +49.8% |
| 2009 | 8.9% | +469.0% |
| 2008 | 1.6% | -42.1% |
| 2007 | 2.7% | -79.3% |
| 2006 | 13.1% | +111.4% |
| 2005 | 6.2% | +40.5% |
| 2004 | 4.4% | +221.3% |
| 2003 | -3.6% | -116.0% |
| 2002 | 22.6% | +34.6% |
| 2001 | 16.8% | +31.5% |
| 2000 | 12.8% |
Top Countries — Real Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Madagascar | 42.9% | 2023 |
| 2 | Brazil | 34.7% | 2024 |
| 3 | Azerbaijan | 16.3% | 2024 |
| 4 | Kyrgyz Republic | 14.4% | 2024 |
| 5 | Mozambique | 14.3% | 2024 |
| 6 | Papua New Guinea | 13.3% | 2023 |
| 7 | Timor-Leste | 12.1% | 2024 |
| 8 | Rwanda | 11.8% | 2024 |
| 9 | Armenia | 11.6% | 2024 |
| 10 | Seychelles | 10.6% | 2024 |