Rwanda - Lending Rate 2020
16.35%
−0.18pp from 2019
Rwanda's lending rate was 16.35% in 2020, decreased +0.18pp from 16.53% in 2019. This was the 95th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Hungary | 1.96% | 9.2% |
| 2nd | Italy | 2.33% | -10.5% |
| 3rd | Switzerland | 2.63% | 0.1% |
| 4th | Norway | 2.70% | -16.6% |
| 5th | Korea | 2.80% | -18.7% |
| 6th | Bosnia and Herzegovina | 3.07% | -6.6% |
| 7th | Thailand | 3.29% | -19.4% |
| 8th | Israel | 3.31% | -6.4% |
| 9th | Czechia | 3.34% | -9.3% |
| 10th | United States | 3.54% | -32.9% |
| 11th | San Marino | 3.73% | -6.3% |
| 12th | Malaysia | 3.94% | -19.1% |
| 13th | Qatar | 4.09% | -18.9% |
| 14th | Kuwait | 4.14% | -14.0% |
| 15th | Bahamas, The | 4.25% | 0.0% |
| 16th | Bulgaria | 4.34% | -4.7% |
| 17th | China | 4.35% | 0.0% |
| 18th | Hong Kong SAR, China | 5.00% | -2.0% |
| 19th | North Macedonia | 5.19% | -7.4% |
| 20th | Singapore | 5.25% | 0.0% |
| 21st | Macao SAR, China | 5.26% | -1.8% |
| 22nd | Oman | 5.47% | 1.0% |
| 23rd | Brunei Darussalam | 5.50% | 0.0% |
| 24th | West Bank and Gaza | 5.52% | -7.0% |
| 25th | Botswana | 5.75% | -10.1% |
| 26th | Iceland | 5.76% | -17.1% |
| 27th | Montenegro | 5.91% | -4.3% |
| 28th | Albania | 6.12% | -2.5% |
| 29th | Fiji | 6.18% | 2.6% |
| 30th | Mexico | 6.34% | -24.8% |
| 31st | Romania | 6.49% | -9.4% |
| 32nd | Benin | 6.54% | -2.3% |
| 33rd | Burkina Faso | 6.54% | -2.3% |
| 34th | Trinidad and Tobago | 6.56% | -29.1% |
| 35th | Costa Rica | 6.64% | -24.1% |
| 36th | Russian Federation | 6.78% | -22.6% |
| 37th | Aruba | 6.80% | 19.3% |
| 38th | Grenada | 6.83% | -9.7% |
| 39th | Dominica | 6.90% | -8.5% |
| 40th | Panama | 7.01% | -1.2% |
| 41st | St. Lucia | 7.13% | -7.6% |
| 42nd | Mauritius | 7.23% | -14.5% |
| 43rd | Jordan | 7.48% | -13.7% |
| 44th | Bolivia, Plurinational State of | 7.59% | -9.6% |
| 45th | Viet Nam | 7.65% | -0.8% |
| 46th | St. Kitts and Nevis | 7.65% | -10.2% |
| 47th | Antigua and Barbuda | 7.68% | -10.8% |
| 48th | Papua New Guinea | 7.70% | -11.0% |
| 49th | South Africa | 7.71% | -23.9% |
| 50th | Tonga | 7.83% | -2.9% |
| 51st | Namibia | 7.87% | -20.3% |
| 52nd | Eswatini | 7.96% | -21.4% |
| 53rd | St. Vincent and the Grenadines | 7.99% | -4.3% |
| 54th | Algeria | 8.00% | 0.0% |
| 55th | Barbados | 8.05% | 0.0% |
| 56th | Comoros | 8.09% | -22.9% |
| 57th | Moldova | 8.18% | -0.8% |
| 58th | Cabo Verde | 8.19% | -10.4% |
| 59th | Bangladesh | 8.30% | -13.2% |
| 60th | Samoa | 8.71% | -2.5% |
| 61st | Belize | 8.73% | -3.7% |
| 62nd | Lesotho | 8.98% | -20.8% |
| 63rd | Belarus | 9.03% | 0.1% |
| 64th | India | 9.15% | -3.3% |
| 65th | Guyana | 9.47% | -9.7% |
| 66th | Zambia | 9.48% | -7.9% |
| 67th | Indonesia | 9.54% | -7.9% |
| 68th | Vanuatu | 9.76% | -2.8% |
| 69th | Colombia | 9.85% | -16.3% |
| 70th | Solomon Islands | 10.68% | 0.8% |
| 71st | Pakistan | 10.76% | -12.1% |
| 72nd | Dominican Republic | 10.98% | -12.1% |
| 73rd | Nicaragua | 11.18% | -10.3% |
| 74th | Uruguay | 11.23% | -2.8% |
| 75th | Egypt, Arab Republic of | 11.37% | -29.5% |
| 76th | Maldives | 11.60% | 0.7% |
| 77th | Seychelles | 11.61% | -7.9% |
| 78th | Armenia | 11.62% | -4.3% |
| 79th | Georgia | 11.80% | 9.1% |
| 80th | Kenya | 12.00% | -3.6% |
| 81st | Jamaica | 12.06% | -7.2% |
| 82nd | Burundi | 12.20% | -16.1% |
| 83rd | Guatemala | 12.53% | -1.7% |
| 84th | Peru | 12.94% | -10.1% |
| 85th | Paraguay | 13.54% | -12.6% |
| 86th | Nigeria | 13.64% | -11.3% |
| 87th | Bhutan | 14.00% | 0.0% |
| 88th | Timor-Leste | 14.13% | -8.0% |
| 89th | Ukraine | 14.29% | -27.9% |
| 90th | Micronesia, Federated States of | 14.47% | -1.6% |
| 91st | Haiti | 14.63% | 3.6% |
| 92nd | Suriname | 14.80% | -1.1% |
| 93rd | Myanmar | 14.83% | -7.3% |
| 94th | South Sudan | 16.09% | 2.8% |
| 95th | Rwanda | 16.35% | -1.1% |
| 96th | Tanzania | 16.68% | -1.7% |
| 97th | Mongolia | 16.93% | -0.4% |
| 98th | Honduras | 17.01% | -1.9% |
| 99th | Kyrgyz Republic | 17.04% | -10.3% |
| 100th | Mozambique | 17.08% | -9.9% |
| 101st | Azerbaijan | 17.18% | -0.6% |
| 102nd | Sierra Leone | 17.94% | -0.2% |
| 103rd | São Tomé and Principe | 18.83% | -1.2% |
| 104th | Angola | 19.66% | 1.9% |
| 105th | Uzbekistan | 22.34% | -5.4% |
| 106th | Malawi | 24.22% | -5.7% |
| 107th | Congo, Democratic Republic of | 25.96% | -2.9% |
| 108th | Gambia, The | 28.00% | 0.0% |
| 109th | Brazil | 29.04% | -22.5% |
| 110th | Argentina | 29.39% | -56.3% |
| 111th | Zimbabwe | 33.01% | 104.0% |
| 112th | Madagascar | 48.87% | -0.3% |
FAQ
What was Rwanda's lending rate in 2020?▾
Rwanda's lending rate in 2020 was 16.35%. This ranked 95th globally.
How did Rwanda's lending rate change in 2020?▾
Rwanda's lending rate decreased by 1.1% in 2020 compared to 2019.
Which country had the highest lending rate in 2020?▾
Madagascar had the highest lending rate in 2020 at 48.87%.
What is the lending rate of Rwanda in 2020?▾
The lending rate of Rwanda in 2020 was 16.35%. This ranked 95th globally.
How does 2020 compare to 2019 for Rwanda's lending rate?▾
Rwanda's lending rate went from 16.53% in 2019 to 16.35% in 2020, a 1.1% 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 →
Related
2019
2021
All years
Full ranking 2020
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 1996
Lowest: 1998
Lending Rate 1990s
Lending Rate 2000s
Lending Rate 2010s
Lending Rate 2020s
Highest ever
Lowest ever
Average
vs Syrian Arab Republic
vs Mali
vs Lesotho
vs Myanmar
African Union Lending Rate
Global Ranking