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Cost of moneyRwanda

Deposit rate in Rwanda

What does parked money earn there?

Rwanda's deposit rate is 10.33 % — #11 of 70 countries on the atlas (higher is better). Period 2024.

10.33%

Checked 21 Sept 2026Period 2024

Source: IMF International Financial Statistics

Deposit rate in Rwanda over time

11.01 %8.54 %6.08 %11.01 % · 19966.08 % · 20081996: 11.01 %1997: 8.38 %1998: 8.84 %1999: 8.45 %2000: 9.49 %2001: 9.98 %2002: 9.65 %2003: 9.16 %2004: 9.23 %2005: 8.67 %2006: 8.20 %2007: 7.62 %2008: 6.08 %2009: 8.11 %2010: 6.76 %2011: 7.75 %2012: 8.85 %2013: 9.92 %2014: 8.24 %2015: 8.24 %2016: 7.91 %2017: 7.72 %2018: 7.51 %2019: 7.64 %2020: 7.64 %2021: 8.05 %2022: 7.66 %2023: 9.65 %2024: 10.33 %19962010202410.33 %
29 official observations, 1996 → 2024. Every point is a published value — never interpolated.
Rank
#11 of 70
higher is better
Ranked behind
84 %
59 of 70 countries
Latest move
▲ 0.68 pp
since 2023
Below its peak
0.68 pp
peak 11.01 % in 1996
Full series
▼ 0.68 pp
since 1996

In Africa: #6 of 15vs median 4.96 %: +5.37 pp (better)

Among 70 countries

10 of 70 countries between 0.14 % and 0.93 %6 of 70 countries between 0.93 % and 1.73 %6 of 70 countries between 1.73 % and 2.52 %5 of 70 countries between 2.52 % and 3.31 %3 of 70 countries between 3.31 % and 4.10 %5 of 70 countries between 4.10 % and 4.89 %6 of 70 countries between 4.89 % and 5.69 %5 of 70 countries between 5.69 % and 6.48 %3 of 70 countries between 6.48 % and 7.27 %5 of 70 countries between 7.27 % and 8.06 %3 of 70 countries between 8.86 % and 9.65 %3 of 70 countries between 9.65 % and 10.44 %2 of 70 countries between 10.44 % and 11.24 %2 of 70 countries between 11.24 % and 12.03 %2 of 70 countries between 12.03 % and 12.82 %1 of 70 countries between 14.41 % and 15.20 %3 of 70 countries between 18.37 % and 19.16 %median 4.82 %Rwanda: ahead of 84 % of the 70 countries with a published deposit rateRwanda 10.33 %0.14 %19.16 %
Half of all 70 countries sit between 1.89 % and 7.70 %. Rwanda is ahead of 84 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryDeposit ratevs Rwanda
9 Georgia10.59 %+0.26 pp
10 Ghana10.50 %+0.17 pp
11 Rwanda10.33 %—
12 Ukraine9.95 %−0.38 pp
13 Dominican Republic9.77 %−0.56 pp

Bank deposit rate, IMF-harmonised — what parked money earns.

How to read this figure

The IMF-harmonised deposit rate — what banks pay on deposits. Compare it with inflation: a deposit rate below inflation means parked money loses purchasing power even inside the bank. Same harmonisation trade-off as the lending rate.

Next, about Rwanda

Savings vs inflationInflation rateLending rate
Deposit rate, all countries ranked →Compare Rwanda with another country →Everything about Rwanda →
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