Rwanda—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #67 of 117Updated April 2026
Latest Value
24.3%
2023
YoY Change
+98.9%
2019 → 2023
Global Rank
#67
of 117 countries
Maximum
24.3%
2023
Minimum
12.2%
2019
CAGR
+2.5%
4 years
Last
24.3%
Previous
12.2%
Highest
24.3%
Lowest
12.2%
Source
World Bank World Development Indicators
Rwanda's firms using banks to finance investment (%) was 24.3% in 2023, ranking #67 out of 117 countries. This represents a +98.9% change from 2019. Over the past 4 years, the highest recorded value was 24.3% (2023) and the lowest was 12.2% (2019). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 24.3% | +98.9% |
| 2019 | 12.2% | -47.6% |
| 2011 | 23.3% | +46.6% |
| 2006 | 15.9% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.