Bank Lending Deposit Spread for Rwanda
DDEI02RWA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.70
Year-over-Year Change
-14.47%
Date Range
1/1/1996 - 1/1/2020
Summary
The Bank Lending Deposit Spread for Rwanda measures the difference between the interest rate charged by banks on loans and the interest rate paid on deposits. This key financial indicator provides insights into the profitability and competitiveness of the 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 bank lending deposit spread represents the difference between the interest rate banks charge on loans and the rate they pay on deposits. It is a widely used metric to assess the efficiency and health of a country's banking system and financial sector.
Methodology
The data is collected and calculated by the World Bank from national sources.
Historical Context
Policymakers and analysts use this trend to evaluate the performance and competitive dynamics of Rwanda's banking industry.
Key Facts
- Rwanda's bank lending deposit spread averaged 7.4% from 2010-2020.
- A wider spread indicates higher banking sector profitability but less competitive lending rates.
- The spread has declined in recent years, suggesting increased competition in Rwanda's banking market.
FAQs
Q: What does this economic trend measure?
A: The bank lending deposit spread measures the difference between the interest rate charged by banks on loans and the interest rate paid on deposits.
Q: Why is this trend relevant for users or analysts?
A: The bank lending deposit spread is a key indicator of the efficiency and competitiveness of a country's banking sector, providing insights into profitability and access to credit.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from national sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate the performance and competitive dynamics of Rwanda's banking industry, which informs financial sector policies and regulations.
Q: Are there update delays or limitations?
A: The data is subject to the reporting frequency and availability from national sources in Rwanda.
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DDDI01RWA156NWDB
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Number of Identified Exporters to Rwanda from California
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Citation
U.S. Federal Reserve, Bank Lending Deposit Spread for Rwanda (DDEI02RWA156NWDB), retrieved from FRED.