Rwanda - M2 Money Supply Growth 2025
21.58%
+2.81pp from 2024
Rwanda's m2 money supply growth was 21.58% in 2025, increased +2.81pp from 18.76% in 2024. This was the 18th highest globally.
Global Ranking - 2025▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Zimbabwe | 723.41% | 2.0% |
| 2nd | Argentina | 163.63% | 32.9% |
| 3rd | South Sudan | 101.56% | 60.2% |
| 4th | Türkiye | 93.58% | 33.8% |
| 5th | Malawi | 52.06% | 61.5% |
| 6th | Kyrgyz Republic | 46.60% | 52.3% |
| 7th | Sierra Leone | 46.06% | 40.3% |
| 8th | Ghana | 42.40% | 13.3% |
| 9th | Nicaragua | 39.45% | 248.2% |
| 10th | Tajikistan | 33.88% | -33.1% |
| 11th | Egypt, Arab Republic of | 30.53% | -1.7% |
| 12th | Equatorial Guinea | 27.16% | 211.3% |
| 13th | Uzbekistan | 26.58% | -13.2% |
| 14th | Mongolia | 25.79% | -3.9% |
| 15th | Guyana | 24.98% | 10.9% |
| 16th | Burundi | 23.46% | 51.9% |
| 17th | Zambia | 23.20% | -5.6% |
| 18th | Rwanda | 21.58% | 15.0% |
| 19th | United Arab Emirates | 20.40% | 40.0% |
| 20th | Kenya | 19.37% | -2.5% |
| 21st | Nigeria | 19.28% | 10.7% |
| 22nd | St. Lucia | 18.56% | 71.3% |
| 23rd | Montenegro | 18.44% | 86.1% |
| 24th | Armenia | 17.95% | 31.4% |
| 25th | Tanzania | 17.22% | 22.5% |
| 26th | St. Vincent and the Grenadines | 15.91% | 0.7% |
| 27th | Timor-Leste | 15.67% | 478.5% |
| 28th | Kazakhstan | 15.17% | -21.0% |
| 29th | Cambodia | 14.17% | -19.1% |
| 30th | Peru | 14.01% | 50.4% |
| 31st | Angola | 13.78% | 177.7% |
| 32nd | Ukraine | 13.70% | 2.5% |
| 33rd | Samoa | 13.08% | 47.3% |
| 34th | Brazil | 12.82% | -6.4% |
| 35th | Pakistan | 12.33% | -1.5% |
| 36th | Madagascar | 12.26% | 49.1% |
| 37th | Moldova | 12.21% | -11.1% |
| 38th | Fiji | 11.99% | 36.9% |
| 39th | Mexico | 11.70% | -15.3% |
| 40th | Vanuatu | 11.43% | 19.4% |
| 41st | Comoros | 11.37% | 21.5% |
| 42nd | Iceland | 11.25% | -3.7% |
| 43rd | Kosovo | 10.58% | -14.8% |
| 44th | Georgia | 10.28% | -29.1% |
| 45th | Bahamas, The | 10.20% | 8.9% |
| 46th | São Tomé and Principe | 10.02% | 67.2% |
| 47th | Serbia | 9.94% | -26.4% |
| 48th | Tunisia | 9.64% | -7.4% |
| 49th | Qatar | 9.64% | 742.2% |
| 50th | Ecuador | 9.34% | -24.9% |
| 51st | Grenada | 9.04% | 7.1% |
| 52nd | Algeria | 8.79% | -2.7% |
| 53rd | Bulgaria | 8.55% | -2.1% |
| 54th | Antigua and Barbuda | 8.38% | 81.7% |
| 55th | Romania | 8.17% | -22.3% |
| 56th | North Macedonia | 8.09% | -20.7% |
| 57th | China | 7.79% | 14.4% |
| 58th | Kuwait | 7.76% | 82.2% |
| 59th | Azerbaijan | 7.56% | 139.6% |
| 60th | Macao SAR, China | 7.48% | -4.5% |
| 61st | Nepal | 7.47% | -33.4% |
| 62nd | Togo | 7.47% | -13.7% |
| 63rd | Dominican Republic | 7.31% | -35.2% |
| 64th | Czechia | 7.31% | -0.6% |
| 65th | Haiti | 7.29% | 175.6% |
| 66th | Honduras | 7.21% | -25.7% |
| 67th | Mauritius | 7.18% | -43.3% |
| 68th | Botswana | 7.01% | 46.1% |
| 69th | Colombia | 6.87% | 13.0% |
| 70th | Dominica | 6.70% | 102.0% |
| 71st | South Africa | 6.55% | -2.4% |
| 72nd | Philippines | 6.55% | -16.2% |
| 73rd | Bosnia and Herzegovina | 6.50% | -15.3% |
| 74th | Belize | 6.28% | -32.9% |
| 75th | Morocco | 6.11% | -23.7% |
| 76th | Senegal | 5.73% | 48.7% |
| 77th | Hong Kong SAR, China | 5.45% | -22.1% |
| 78th | Paraguay | 5.41% | -50.6% |
| 79th | Jamaica | 5.37% | -33.7% |
| 80th | Poland | 5.25% | -43.2% |
| 81st | Congo, Republic of | 5.25% | -45.6% |
| 82nd | Uganda | 4.82% | -27.8% |
| 83rd | Cabo Verde | 4.54% | -27.7% |
| 84th | Brunei Darussalam | 4.40% | 21.2% |
| 85th | Solomon Islands | 4.35% | 13.3% |
| 86th | El Salvador | 4.25% | 28.2% |
| 87th | St. Kitts and Nevis | 4.18% | 67.7% |
| 88th | Côte d'Ivoire | 4.04% | -70.4% |
| 89th | Jordan | 4.00% | -34.4% |
| 90th | Malaysia | 3.94% | 20.4% |
| 91st | Eswatini | 3.84% | 6.1% |
| 92nd | Bangladesh | 3.76% | -38.7% |
| 93rd | Guatemala | 2.97% | -63.8% |
| 94th | Costa Rica | 2.96% | -73.5% |
| 95th | Korea | 2.76% | -57.8% |
| 96th | West Bank and Gaza | 2.67% | -62.4% |
| 97th | Australia | 2.66% | -59.6% |
| 98th | Albania | 2.30% | -2.0% |
| 99th | Israel | 2.30% | -50.5% |
| 100th | Barbados | 2.11% | 125.0% |
| 101st | Viet Nam | 2.07% | -63.6% |
| 102nd | Uruguay | 1.67% | -89.5% |
| 103rd | Denmark | 1.67% | 18.3% |
| 104th | Central African Republic | 1.57% | -37.1% |
| 105th | Aruba | 1.51% | 92.0% |
| 106th | Indonesia | 0.82% | -82.8% |
| 107th | Hungary | 0.71% | -92.4% |
| 108th | Bhutan | -0.09% | -101.6% |
| 109th | Thailand | -0.10% | -102.9% |
| 110th | New Zealand | -0.12% | -102.9% |
| 111th | Niger | -0.32% | -104.7% |
| 112th | Tonga | -0.50% | -106.2% |
| 113th | Guinea-Bissau | -0.59% | -109.4% |
| 114th | Trinidad and Tobago | -0.78% | -153.4% |
| 115th | Djibouti | -1.42% | -118.5% |
| 116th | Seychelles | -1.47% | -119.9% |
| 117th | Japan | -1.59% | -1,280.0% |
| 118th | Norway | -1.83% | -153.0% |
| 119th | Suriname | -2.20% | -122.5% |
| 120th | United Kingdom | -2.40% | -193.6% |
| 121st | Gambia, The | -2.45% | -126.4% |
| 122nd | Iraq | -3.21% | 14.6% |
| 123rd | Mozambique | -3.52% | -199.4% |
| 124th | United States | -3.54% | -165.6% |
| 125th | Maldives | -3.65% | -4,946.2% |
| 126th | Burkina Faso | -4.31% | -162.9% |
| 127th | Benin | -5.08% | -470.1% |
| 128th | Mali | -5.56% | -417.2% |
| 129th | Chile | -7.19% | -239.0% |
| 130th | Sweden | -8.12% | -2,798.2% |
FAQ
What was Rwanda's m2 money supply growth in 2025?▾
Rwanda's m2 money supply growth in 2025 was 21.58%. This ranked 18th globally.
How did Rwanda's m2 money supply growth change in 2025?▾
Rwanda's m2 money supply growth increased by 15.0% in 2025 compared to 2024.
Which country had the highest m2 money supply growth in 2025?▾
Zimbabwe had the highest m2 money supply growth in 2025 at 723.41%.
What is the m2 money supply growth of Rwanda in 2025?▾
The m2 money supply growth of Rwanda in 2025 was 21.58%. This ranked 18th globally.
How does 2025 compare to 2024 for Rwanda's m2 money supply growth?▾
Rwanda's m2 money supply growth went from 18.76% in 2024 to 21.58% in 2025, a 15.0% increase.
Related
2024
All years
Full ranking 2025
Lending Rate
Deposit Rate
Real Interest Rate
Credit to GDP
Non-Performing Loans
Peak: 1995
Lowest: 1989
M2 Money Supply Growth 1990s
M2 Money Supply Growth 2000s
M2 Money Supply Growth 2010s
M2 Money Supply Growth 2020s
Highest ever
Lowest ever
Average
vs Syrian Arab Republic
vs Mali
vs Lesotho
vs Myanmar
African Union M2 Money Supply Growth
Global Ranking