Financial soundness indicators in Rwanda

Rwanda: Financial soundness indicators was 5.1% in 2023. ▲ Rising

Latest (2023)
5.1%
Change on year
up 2.0%
World rank
7th
of 146 countries
All-time high
5.1%
in 2023
All-time low
1.6%
in 2009
Years of data
16
2008–2023

Financial soundness indicators in Rwanda, 2008–2023

23452008201520232008: 3.8 %2009: 1.6 %2010: 3 %2011: 3.1 %2012: 3.3 %2013: 2 %2014: 2.8 %2015: 2.9 %2016: 2.5 %2017: 2.1 %2018: 3.3 %2019: 3.7 %2020: 3.3 %2021: 4.1 %2022: 5 %2023: 5.1 %

Source: International Monetary Fund – processed by Our World in Data. Measured in %.

Analysis

Rwanda recorded 5.1% for financial soundness indicators in 2023. That is the highest value across all 16 years on record.

That represents a change of up 2.0% on the previous year and up 153.2% over ten years.

Over the whole period, financial soundness indicators in Rwanda peaked at 5.1% in 2023 and was at its lowest, 1.6%, in 2009.

That places Rwanda 7th out of 146 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.7% 1.6% 3.8% 2
2010s 2.9% 2.0% 3.7% 10
2020s 4.4% 3.3% 5.1% 4

Countries ranked near Rwanda

  1. 4 Ukraine 6.1% compare
  2. 5 Ghana 5.4% compare
  3. 6 Kazakhstan 5.2% compare
  4. 8 Maldives 5.1% compare
  5. 9 Zambia 5.0% compare
  6. 10 Kyrgyzstan 4.9% compare

See the full ranking of 146 places →

More reference data data for Rwanda

All data for Rwanda →

Frequently asked questions

What is financial soundness indicators in Rwanda?
Financial soundness indicators in Rwanda was 5.1% in 2023, according to International Monetary Fund – processed by Our World in Data.
What is the highest financial soundness indicators recorded in Rwanda?
The highest recorded value was 5.1% in 2023.
What is the lowest financial soundness indicators recorded in Rwanda?
The lowest recorded value was 1.6% in 2009.
How does Rwanda rank for financial soundness indicators?
Rwanda ranks 7th out of 146 countries with data for 2023.
Is financial soundness indicators rising or falling in Rwanda?
Over the last ten years it is up 153.2%. The long-run trend across the full record is rising.
Where does this Rwanda data come from?
The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Financial soundness indicators
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
146 places, 2,107 data points, 2001–2024
Last refreshed

Return on assets (%)