Lending Interest Rates Statistics in Rwanda (2026)
Rwanda recorded the average lending interest rate of 16% in 2024, World Bank World Development Indicators data show. Essentially no change from 16.1% in 2023 to 16% in 2024. Rwanda ranks #16 of 27 economies in Sub-Saharan Africa on this measure, and #93 of 112 globally.
Key Statistics
- Latest value (2024)
- 16% (2024)
- Lending Interest Rates in Rwanda as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- 0 pp (2024)
- Essentially no change from 16.1% in 2023 to 16% in 2024.
- Earliest value in this dataset (1996)
- 18.3% (1996)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 18.3% in 1996 to 16% in 2024.
- Peak value (1996)
- 18.3% (1996)
- Highest value in the available series; the 2024 value is 16%.
- Rank in Sub-Saharan Africa (lower is better; rank 1 = lowest)
- #16 of 27 (2024)
- Rwanda ranks 16 of 27 countries in Sub-Saharan Africa with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #93 of 112 (2024)
- Rwanda ranks 93 of 112 countries with data globally. Ranked ascending because lower values are better for this metric.
- Sub-Saharan Africa average
- 18.1% (2024)
- Rwanda (16%) is below the average of 18.1% across the 27 countries in Sub-Saharan Africa with data.
- Risk premium on lending (lending rate minus treasury bill rate, %) (2024)
- 8.4% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Rwanda (2024)
- 31.7% (2024)
- 31.7% of the population in Rwanda used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 14.3 million (2024)
- Rwanda had a population of 14.3 million in 2024 (World Bank); shown for scale only.
Trend, 1996–2024
| Year | % | Change |
|---|---|---|
| 2024 | 16% | −0.0 pp |
| 2023 | 16.1% | −0.3 pp |
| 2022 | 16.4% | +0.2 pp |
| 2021 | 16.2% | −0.2 pp |
| 2020 | 16.3% | −0.2 pp |
| 2019 | 16.5% | −0.4 pp |
| 2018 | 16.9% | −0.2 pp |
| 2017 | 17.2% | −0.1 pp |
| 2016 | 17.3% | −0.0 pp |
| 2015 | 17.3% | +0.1 pp |
| 2014 | 17.3% | −0.1 pp |
| 2013 | 17.3% | +0.6 pp |
| 2012 | 16.7% | +0.0 pp |
| 2011 | 16.7% | −0.3 pp |
| 2010 | 17% | +0.3 pp |
| 2009 | 16.7% | +0.5 pp |
| 2008 | 16.3% | +0.3 pp |
| 2007 | 16% | +0.1 pp |
| 2006 | 15.9% | +0.1 pp |
| 2005 | 15.8% | −0.2 pp |
| 2004 | 16% | −0.0 pp |
| 2003 | 16% | −0.2 pp |
| 2002 | 16.2% | −0.1 pp |
| 2001 | 16.4% | −0.1 pp |
| 2000 | 16.5% | +0.2 pp |
| 1999 | 16.3% | +0.6 pp |
| 1998 | 15.7% | −1.0 pp |
| 1997 | 16.7% | −1.5 pp |
| 1996 | 18.3% | — |
Frequently asked questions
What is the latest figure for average lending interest rate in Rwanda?
The average lending interest rate in Rwanda stood at 16% in 2024, according to World Bank World Development Indicators data.
How recent is the lending interest rates data for Rwanda?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Rwanda.
Where does the lending interest rates data for Rwanda come from?
The data comes from the World Bank World Development Indicators (indicator FR.INR.LEND). The latest observation for Rwanda is from 2024; the snapshot was retrieved on 2026-06-10.
How has lending interest rates in Rwanda changed over time?
World Bank World Development Indicators data show a decline from 18.3% in 1996 to 16% in 2024.
How does Rwanda compare with other countries in Sub-Saharan Africa?
Rwanda ranks 16 of 27 countries in Sub-Saharan Africa with data (ranked ascending; lower is better), with 16% versus a regional average of 18.1% (latest values per country).
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LEND, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .