Claims on Private Sector for Rwanda
RWAFDSAOPGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.69
Year-over-Year Change
63.21%
Date Range
1/1/2000 - 1/1/2024
Summary
The 'Claims on Private Sector for Rwanda' measures the total value of credit provided by financial institutions to the private sector in Rwanda. This indicator is closely watched by economists and policymakers to assess the health and growth of the private economy.
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
This series represents the total value of outstanding loans, advances, and other credit extended by financial institutions to businesses and individuals in the private sector of Rwanda. It is a key indicator of private sector access to capital and an important gauge of economic vitality.
Methodology
The data is collected and reported by the National Bank of Rwanda.
Historical Context
Trends in private sector credit are closely monitored by the Rwandan government and international institutions to inform economic and financial policies.
Key Facts
- Rwanda's private sector credit reached a record high in 2021.
- Private sector credit has grown over 10% annually in Rwanda since 2015.
- The private sector accounts for over 75% of Rwanda's GDP.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of outstanding credit and loans extended by financial institutions to businesses and individuals in Rwanda's private sector.
Q: Why is this trend relevant for users or analysts?
A: Growth in private sector credit is a key indicator of economic vitality and confidence, signaling the availability of capital to drive investment, consumption, and overall economic expansion.
Q: How is this data collected or calculated?
A: The data is reported by the National Bank of Rwanda, the country's central banking authority.
Q: How is this trend used in economic policy?
A: Policymakers and institutions closely monitor private sector credit trends to inform decisions around monetary policy, financial regulations, and programs to support private enterprise and investment.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of 1-2 quarters by the National Bank of Rwanda.
Related Trends
Net Current Account Total for Rwanda
RWABCABP6GDPPT
Use of Financial Services Borrowers: Persons Borrowing from Other Deposit Takers for Rwanda
RWAFCRODDPENUM
Broad Money for Rwanda
RWAFMBPCPPPT
Value of Exports to Rwanda from Maryland
MDRWAA052SCEN
Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Rwanda
DDDI12RWA156NWDB
Value of Exports to Rwanda from Indiana
INRWAA052SCEN
Citation
U.S. Federal Reserve, Claims on Private Sector for Rwanda (RWAFDSAOPGDPPT), retrieved from FRED.