Financial and insurance activities (banking), value added in Rwanda
Rwanda: Financial and insurance activities (banking), value added was 107.82 billion current LCU in 2011. ◆ Volatile
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 current LCU.
Analysis
Rwanda recorded 107.82 billion current LCU for financial and insurance activities (banking), value added in 2011. That is the highest value across all 13 years on record.
Compared with earlier readings it is up 34.1% on the previous year and up 389.4% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Rwanda peaked at 107.82 billion current LCU in 2011 and was at its lowest, 17.65 billion current LCU, in 1999.
Rwanda ranks 9th of 36 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial and insurance activities (banking), value added in Rwanda, year by year
| Year | current LCU | Change |
|---|---|---|
| 1999 | 17.65 billion current LCU | — |
| 2000 | 23.22 billion current LCU | +31.6% |
| 2001 | 22.03 billion current LCU | -5.1% |
| 2002 | 21.90 billion current LCU | -0.6% |
| 2003 | 30.00 billion current LCU | +37.0% |
| 2004 | 37.30 billion current LCU | +24.3% |
| 2005 | 41.20 billion current LCU | +10.5% |
| 2006 | 49.14 billion current LCU | +19.3% |
| 2007 | 58.44 billion current LCU | +18.9% |
| 2008 | 64.14 billion current LCU | +9.8% |
| 2009 | 63.60 billion current LCU | -0.8% |
| 2010 | 80.41 billion current LCU | +26.4% |
| 2011 | 107.82 billion current LCU | +34.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.65 billion current LCU | 17.65 billion current LCU | 17.65 billion current LCU | 1 |
| 2000s | 41.10 billion current LCU | 21.90 billion current LCU | 64.14 billion current LCU | 10 |
| 2010s | 94.11 billion current LCU | 80.41 billion current LCU | 107.82 billion current 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)
- Net primary income (Net income from abroad) (current LCU), annual -14.51 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 16.68 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0532 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 59.84 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 26.44 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 76.06 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 85,475 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0005 (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 107.82 billion current 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 107.82 billion current LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Rwanda?
- The lowest recorded value was 17.65 billion current LCU in 1999.
- How does Rwanda rank for financial and insurance activities (banking), value added?
- Rwanda ranks 9th out of 36 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 389.4%. The long-run trend across the full record is volatile.
- 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 (current 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 current local currency.