Rwanda - Interest Rate Spread 2020
8.70%
−0.18pp from 2019
Rwanda's interest rate spread was 8.70% in 2020, decreased +0.18pp from 8.88% in 2019. This was the 80th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Argentina | 0.07% | -99.7% |
| 2nd | Zambia | 0.76% | -61.9% |
| 3rd | Oman | 1.43% | -6.8% |
| 4th | Benin | 1.44% | 4.8% |
| 5th | Burkina Faso | 1.44% | 4.8% |
| 6th | Hungary | 1.49% | -11.7% |
| 7th | Qatar | 1.57% | 11.3% |
| 8th | Georgia | 1.58% | -25.2% |
| 9th | Korea | 1.64% | 3.0% |
| 10th | Malaysia | 1.99% | 5.1% |
| 11th | Norway | 2.10% | -9.0% |
| 12th | Bangladesh | 2.23% | -19.9% |
| 13th | Bosnia and Herzegovina | 2.28% | -4.1% |
| 14th | Belarus | 2.42% | -3.6% |
| 15th | Kuwait | 2.52% | -13.9% |
| 16th | Thailand | 2.67% | 0.1% |
| 17th | Israel | 2.76% | -4.3% |
| 18th | South Africa | 2.83% | -9.3% |
| 19th | China | 2.85% | 0.0% |
| 20th | San Marino | 2.96% | -0.3% |
| 21st | Russian Federation | 3.01% | -10.2% |
| 22nd | Switzerland | 3.02% | 1.2% |
| 23rd | Czechia | 3.04% | -7.8% |
| 24th | West Bank and Gaza | 3.09% | 0.2% |
| 25th | Pakistan | 3.28% | 5.9% |
| 26th | Fiji | 3.29% | 143.7% |
| 27th | Jordan | 3.41% | -8.7% |
| 28th | Armenia | 3.50% | -4.2% |
| 29th | Viet Nam | 3.53% | 29.1% |
| 30th | Egypt, Arab Republic of | 3.58% | -30.6% |
| 31st | Namibia | 3.71% | -11.1% |
| 32nd | North Macedonia | 3.72% | -0.5% |
| 33rd | Bahamas, The | 3.80% | 3.7% |
| 34th | Indonesia | 4.04% | 9.9% |
| 35th | Bolivia, Plurinational State of | 4.05% | -22.4% |
| 36th | Costa Rica | 4.05% | -1.4% |
| 37th | Botswana | 4.19% | -12.7% |
| 38th | Bulgaria | 4.32% | -4.4% |
| 39th | Moldova | 4.35% | 19.3% |
| 40th | Romania | 4.56% | -15.2% |
| 41st | Mexico | 4.88% | -0.5% |
| 42nd | Hong Kong SAR, China | 4.94% | -0.5% |
| 43rd | Kenya | 5.03% | 1.9% |
| 44th | Macao SAR, China | 5.05% | -1.2% |
| 45th | Trinidad and Tobago | 5.06% | -34.8% |
| 46th | Singapore | 5.07% | 0.3% |
| 47th | Dominica | 5.09% | -11.9% |
| 48th | Brunei Darussalam | 5.27% | 2.7% |
| 49th | St. Kitts and Nevis | 5.43% | -16.7% |
| 50th | Eswatini | 5.49% | -14.7% |
| 51st | Aruba | 5.50% | 57.1% |
| 52nd | Montenegro | 5.50% | -3.7% |
| 53rd | Mauritius | 5.50% | 17.0% |
| 54th | St. Lucia | 5.60% | -9.9% |
| 55th | Grenada | 5.67% | -9.1% |
| 56th | Albania | 5.71% | -1.3% |
| 57th | Tonga | 5.76% | -0.4% |
| 58th | Uzbekistan | 6.03% | -19.1% |
| 59th | Samoa | 6.04% | -3.2% |
| 60th | Antigua and Barbuda | 6.17% | -12.3% |
| 61st | Algeria | 6.25% | 0.0% |
| 62nd | St. Vincent and the Grenadines | 6.26% | -4.4% |
| 63rd | Dominican Republic | 6.33% | -0.5% |
| 64th | Comoros | 6.34% | -27.5% |
| 65th | Uruguay | 6.44% | -0.8% |
| 66th | Colombia | 6.47% | -11.0% |
| 67th | Belize | 6.55% | -7.9% |
| 68th | Mongolia | 6.67% | 10.5% |
| 69th | Papua New Guinea | 6.81% | -12.4% |
| 70th | Suriname | 6.86% | 14.7% |
| 71st | Lesotho | 7.06% | -27.1% |
| 72nd | Cabo Verde | 7.31% | -4.8% |
| 73rd | Maldives | 7.88% | -2.1% |
| 74th | Guatemala | 7.90% | 2.1% |
| 75th | Barbados | 7.90% | 0.0% |
| 76th | Seychelles | 8.14% | -9.8% |
| 77th | Ukraine | 8.21% | 18.4% |
| 78th | Azerbaijan | 8.49% | 11.9% |
| 79th | Guyana | 8.62% | -10.2% |
| 80th | Rwanda | 8.70% | -2.0% |
| 81st | Honduras | 8.88% | -0.5% |
| 82nd | Nigeria | 9.00% | 38.9% |
| 83rd | Myanmar | 9.00% | 12.5% |
| 84th | Nicaragua | 9.03% | -3.8% |
| 85th | Vanuatu | 9.11% | 1.5% |
| 86th | Haiti | 9.27% | 48.7% |
| 87th | Jamaica | 9.60% | -8.1% |
| 88th | Tanzania | 10.00% | 1.3% |
| 89th | Paraguay | 10.17% | -15.6% |
| 90th | Solomon Islands | 10.19% | -0.6% |
| 91st | Mozambique | 10.29% | 3.9% |
| 92nd | Bhutan | 11.00% | -6.4% |
| 93rd | Peru | 11.08% | 3.4% |
| 94th | Sierra Leone | 12.30% | 6.4% |
| 95th | Angola | 13.45% | 4.5% |
| 96th | Timor-Leste | 13.48% | -8.4% |
| 97th | Micronesia, Federated States of | 14.40% | 0.1% |
| 98th | Kyrgyz Republic | 15.67% | -10.2% |
| 99th | São Tomé and Principe | 15.89% | 1.4% |
| 100th | South Sudan | 16.01% | 2.7% |
| 101st | Congo, Democratic Republic of | 19.76% | -7.1% |
| 102nd | Gambia, The | 21.16% | 6.4% |
| 103rd | Brazil | 26.85% | -16.2% |
| 104th | Zimbabwe | 28.49% | 115.7% |
| 105th | Madagascar | 35.68% | -0.9% |
FAQ
What was Rwanda's interest rate spread in 2020?▾
Rwanda's interest rate spread in 2020 was 8.70%. This ranked 80th globally.
How did Rwanda's interest rate spread change in 2020?▾
Rwanda's interest rate spread decreased by 2.0% in 2020 compared to 2019.
Which country had the highest interest rate spread in 2020?▾
Madagascar had the highest interest rate spread in 2020 at 35.68%.
What is the interest rate spread of Rwanda in 2020?▾
The interest rate spread of Rwanda in 2020 was 8.70%. This ranked 80th globally.
How does 2020 compare to 2019 for Rwanda's interest rate spread?▾
Rwanda's interest rate spread went from 8.88% in 2019 to 8.70% in 2020, a 2.0% decrease.
HistorySaid - pattern alert
Rwanda matched the Stagflation Risk pattern in 2020. Historically: 307 occurrences, 117 successful (38%). Outcome 24 months later: 17.7%. View full analysis →
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Lowest: 2025
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