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Rwanda Listed Companies

Number of listed domestic companies  CM.MKT.LDOM.NO

Rwanda's listed companies was 5 in 2025, ranked 73rd globally. This represents a 0.0% increase from 2024. Data from World Bank, covering 2018–2025.

5 +0 (+0.0%)
Year 2025 Rank #73 Global Peak 5 (2020) Source World Bank

Rwanda Listed Companies (2018–2025)

Overview

Rwanda's listed companies stood at 5 in 2025, a rise of +0 from 2024. Based on recent trends, this figure is projected to reach 5 by 2025. Rwanda ranked 73rd globally.

Rwanda has experienced a steady growth in its listed companies, with the latest figure standing at 5.00, ranking 73rd globally according to the World Bank data. Notably, this growth has been consistent, with the country's listed companies peaking at 5.00 in 2025, the same year it reached its highest value. In contrast, the lowest point was recorded in 2019 with 4.00 listed companies. Compared to its peers, Rwanda lags behind Costa Rica, which has 8.80 listed companies, but surpasses Bermuda with 9.10. The growth in Rwanda's listed companies suggests a positive business environment, with increased investor confidence. However, the country's ranking remains relatively low, indicating there is still room for improvement in developing its capital markets. Further liberalization of the financial sector and improvements in regulatory frameworks are likely to contribute to sustained growth in Rwanda's listed companies.

Data & projection

Year Listed Companies YoY change Rank
2027* trend 5 - -
2026* trend 5 - -
2025* trend 5 - -
2025 5 +0 #73
2024 5 +0 #1
2023 5 +0 #1
2022 5 +0 #1
2021 5 +0 #1
2020 5 +1 #3
2019 4 +0 #2
2018 4 – #2
* Linear trend extrapolation

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 19.8% Rate 16.1% Gap -3.7pp Reserves YoY +6.3%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Rwanda matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw listed companies improve within 24 months. View full analysis →

Frequently Asked Questions

What is Rwanda's listed companies?▾

Rwanda's listed companies was 5 in 2025. Ranked 73rd globally. This represents a 0.0% increase from the previous year.

What was the highest listed companies in Rwanda?▾

Rwanda's listed companies peaked at 5 in 2020.

What was the lowest listed companies in Rwanda?▾

The lowest listed companies in Rwanda was 4 in 2018.

How does Rwanda rank in listed companies?▾

Rwanda ranks 73rd globally in listed companies as of 2025.

What is the World Bank indicator code for listed companies?▾

The World Bank indicator code is CM.MKT.LDOM.NO. Data sourced from World Bank.

What is the projected listed companies of Rwanda in 2025?▾

Rwanda's listed companies is projected to reach 5 by 2025 based on trend extrapolation.

What is the listed companies of Rwanda in 2025?▾

The listed companies of Rwanda in 2025 was 5. This ranks 73rd in the world.

Cite this page

APA
Rwanda Listed Companies. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/rwanda/listed-companies/
BibTeX
@misc{historysaid_rwanda_listed-companies, title = {Rwanda Listed Companies}, url = {https://historysaid.com/rwanda/listed-companies/}, publisher = {HistorySaid}, year = {2026} }
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