Percentage of Foreign Banks Among Total Banks for Rwanda
DDOI13RWA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.00
Year-over-Year Change
284.62%
Date Range
1/1/1995 - 1/1/2013
Summary
This economic trend measures the percentage of foreign banks among the total number of banks operating in Rwanda. It provides insight into the degree of foreign participation in the Rwandan banking sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Percentage of Foreign Banks Among Total Banks for Rwanda metric tracks the share of banks in the country that are owned or controlled by foreign entities. This data point is used by economists and policymakers to analyze the level of foreign investment and integration within the Rwandan financial system.
Methodology
The data is collected and calculated by the World Bank as part of its global Development Data series.
Historical Context
Monitoring this trend can inform discussions around financial sector development, trade and investment policies, and economic openness in Rwanda.
Key Facts
- Rwanda had 16 commercial banks as of 2020.
- The percentage of foreign banks in Rwanda was 43.8% in 2020.
- The share of foreign banks has increased from 37.5% in 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of commercial banks in Rwanda that are owned or controlled by foreign entities, providing insight into the level of foreign participation in the Rwandan banking sector.
Q: Why is this trend relevant for users or analysts?
A: Tracking the share of foreign banks is important for understanding the degree of foreign investment and integration within Rwanda's financial system, which can inform discussions around economic openness, trade, and financial sector development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank as part of its global Development Data series.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze the level of foreign participation in Rwanda's banking sector, which can inform discussions around financial sector development, trade and investment policies, and economic openness.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year before the most recent figures are available.
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Citation
U.S. Federal Reserve, Percentage of Foreign Banks Among Total Banks for Rwanda (DDOI13RWA156NWDB), retrieved from FRED.