Total Credit — Value Standard Local Currency in Rwanda
Rwanda: Total Credit — Value Standard Local Currency was 3.32 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Rwanda, 1995–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Rwanda recorded 3.32 million million SLC for total credit — value standard local currency in 2024. That is the highest value across all 30 years on record.
That represents a change of up 14.1% on the previous year and up 269.1% over ten years.
Over the whole period, total credit — value standard local currency in Rwanda peaked at 3.32 million million SLC in 2024 and was at its lowest, 27,209 million SLC, in 1995.
Rwanda ranks 46th of 165 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value Standard Local Currency in Rwanda, year by year
| Year | million SLC | Change |
|---|---|---|
| 1995 | 27,209 million SLC | — |
| 1996 | 29,173 million SLC | +7.2% |
| 1997 | 48,003 million SLC | +64.5% |
| 1998 | 57,758 million SLC | +20.3% |
| 1999 | 66,420 million SLC | +15.0% |
| 2000 | 71,547 million SLC | +7.7% |
| 2001 | 81,424 million SLC | +13.8% |
| 2002 | 89,344 million SLC | +9.7% |
| 2003 | 101,902 million SLC | +14.1% |
| 2004 | 110,494 million SLC | +8.4% |
| 2005 | 136,370 million SLC | +23.4% |
| 2006 | 170,835 million SLC | +25.3% |
| 2007 | 219,377 million SLC | +28.4% |
| 2008 | 249,012 million SLC | +13.5% |
| 2009 | 316,764 million SLC | +27.2% |
| 2010 | 356,674 million SLC | +12.6% |
| 2011 | 432,743 million SLC | +21.3% |
| 2012 | 575,306 million SLC | +32.9% |
| 2013 | 690,164 million SLC | +20.0% |
| 2014 | 900,731 million SLC | +30.5% |
| 2015 | 972,333 million SLC | +7.9% |
| 2016 | 1.31 million million SLC | +34.9% |
| 2017 | 1.24 million million SLC | -5.1% |
| 2018 | 1.64 million million SLC | +32.1% |
| 2019 | 1.93 million million SLC | +17.4% |
| 2020 | 2.22 million million SLC | +14.9% |
| 2021 | 2.58 million million SLC | +16.2% |
| 2022 | 3.00 million million SLC | +16.4% |
| 2023 | 2.91 million million SLC | -2.9% |
| 2024 | 3.32 million million SLC | +14.1% |
Rwanda compared with similar countries
- Rwanda's 3.32 million million SLC is above the median for low income countries, which is 673,676 million SLC, 4.9× the median. (21 countries reporting)
- Rwanda's 3.32 million million SLC is above the median for Sub-Saharan Africa, which is 494,292 million SLC, 6.7× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 45,713 million SLC | 27,209 million SLC | 66,420 million SLC | 5 |
| 2000s | 154,707 million SLC | 71,547 million SLC | 316,764 million SLC | 10 |
| 2010s | 1.01 million million SLC | 356,674 million SLC | 1.93 million million SLC | 10 |
| 2020s | 2.81 million million SLC | 2.22 million million SLC | 3.32 million million SLC | 5 |
Countries ranked near Rwanda
More agriculture & rural data for Rwanda
- Agriculture, forestry, and fishing, value added (current US$), annual 5.79 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.203 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 228.16 current US$ per person (2025)
- Rural population, annual growth rate 0.6953 % change on previous year (2025)
- Rural population, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Rural population, per capita 0.6909 units per person (2025)
- Share of GDP from agriculture 20.3% (2025)
- Agriculture as a share of GDP vs. GDP per capita 20.3% (2025)
- Agricultural raw materials exports 0.8% (2022)
- Agricultural raw materials imports 0.9% (2022)
Frequently asked questions
- What is total credit — value standard local currency in Rwanda?
- Total credit — value standard local currency in Rwanda was 3.32 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency recorded in Rwanda?
- The highest recorded value was 3.32 million million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Rwanda?
- The lowest recorded value was 27,209 million SLC in 1995.
- How does Rwanda rank for total credit — value standard local currency?
- Rwanda ranks 46th out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Rwanda?
- Over the last ten years it is up 269.1%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.