Financial and insurance activities (banking), value added in Rwanda
Rwanda: Financial and insurance activities (banking), value added was 78.99 billion constant LCU in 2011. ▲ Rising
Financial and insurance activities (banking), value added in Rwanda, 1999–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
Rwanda recorded 78.99 billion constant LCU for financial and insurance activities (banking), value added in 2011. That is the highest value across all 13 years on record.
The figure is up 19.4% on the previous year and up 127.0% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Rwanda peaked at 78.99 billion constant LCU in 2011 and was at its lowest, 27.22 billion constant LCU, in 1999.
Rwanda ranks 6th of 31 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Financial and insurance activities (banking), value added in Rwanda, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1999 | 27.22 billion constant LCU | — |
| 2000 | 33.29 billion constant LCU | +22.3% |
| 2001 | 34.80 billion constant LCU | +4.5% |
| 2002 | 34.00 billion constant LCU | -2.3% |
| 2003 | 40.90 billion constant LCU | +20.3% |
| 2004 | 44.30 billion constant LCU | +8.3% |
| 2005 | 44.90 billion constant LCU | +1.4% |
| 2006 | 49.14 billion constant LCU | +9.4% |
| 2007 | 54.86 billion constant LCU | +11.6% |
| 2008 | 55.82 billion constant LCU | +1.8% |
| 2009 | 53.52 billion constant LCU | -4.1% |
| 2010 | 66.15 billion constant LCU | +23.6% |
| 2011 | 78.99 billion constant LCU | +19.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.22 billion constant LCU | 27.22 billion constant LCU | 27.22 billion constant LCU | 1 |
| 2000s | 44.55 billion constant LCU | 33.29 billion constant LCU | 55.82 billion constant LCU | 10 |
| 2010s | 72.57 billion constant LCU | 66.15 billion constant LCU | 78.99 billion constant LCU | 2 |
Countries ranked near Rwanda
More economy & growth data for Rwanda
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.1 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 7.3 Percent per annum (2029)
- GDP (constant 2015 US$), annual growth rate 9.38 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9935 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,116 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 9.38 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1,331 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 1.50 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 12.08 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2056 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Rwanda?
- Financial and insurance activities (banking), value added in Rwanda was 78.99 billion constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Rwanda?
- The highest recorded value was 78.99 billion constant LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Rwanda?
- The lowest recorded value was 27.22 billion constant LCU in 1999.
- How does Rwanda rank for financial and insurance activities (banking), value added?
- Rwanda ranks 6th out of 31 countries with data for 2011.
- Is financial and insurance activities (banking), value added rising or falling in Rwanda?
- Over the last ten years it is up 127.0%. The long-run trend across the full record is rising.
- Where does this Rwanda data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in constant local currency.