Rwanda: Financial development

* indicates monthly or quarterly data series
 Rwanda

Financial development

 Latest value 0.159
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.117
 Min - Max 0.084 - 0.159
 Source International Monetary Fund
For that indicator, we provide data for Rwanda from 1980 to 2021. The average value for Rwanda during that period was 0.117 index points with a minimum of 0.084 index points in 2009 and a maximum of 0.159 index points in 2021. The latest value from 2021 is 0.159 index points. For comparison, the world average in 2021 based on 178 countries is 0.331 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Rwanda - Financial development - Recent values chart

Historical chart
Rwanda - Financial development - historical chart - 1980-2021




Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.


 Related indicators Latest value Reference Measure
 Financial development 0.159 2021 index points
 Financial institutions development 0.280 2021 index points
 Financial institutions development, depth 0.237 2021 index points
 Financial institutions development, access 0.058 2021 index points
 Financial institutions development, efficiency 0.561 2021 index points
 Financial markets development 0.033 2021 index points
 Financial markets development, depth 0.087 2021 index points
 Financial markets development, efficiency 0.000 2021 index points
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