Cost of moneyRwanda
Savings vs inflation in Rwanda
Is my bank account gaining or losing purchasing power?
Rwanda's savings vs inflation is 4.42 % — #10 of 69 countries on the atlas (higher is better). Period 2024.
4.42%
Source: Fiatmap derived metrics (own calculation from separately sourced components)
A bank account in Rwanda currently gains about 4.4 pp of purchasing power a year.
Among 69 countries
- Rank
- #10 of 69
- higher is better
- Ranked behind
- 86 %
- 59 of 69 countries
In Africa: #3 of 14vs median 0.87 %: +3.55 pp (better)
The neighbourhood
| # | Country | Savings vs inflation | vs Rwanda |
|---|---|---|---|
| 8 | Armenia | 4.72 % | +0.30 pp |
| 9 | Ecuador | 4.59 % | +0.17 pp |
| 10 | Rwanda | 4.42 % | — |
| 11 | South Africa | 4.27 % | −0.15 pp |
| 12 | Madagascar | 4.03 % | −0.39 pp |
Deposit rate minus inflation — whether an ordinary bank account gains or loses purchasing power. Our calculation from two separately sourced figures.
How to read this figure
Our own calculation: the bank deposit rate minus annual CPI inflation. Where the policy-rate real rate answers "does the central bank beat inflation", this answers the question an ordinary saver actually has — does MY account? Deposit rates come from the IMF (harmonised, ~100 economies), inflation from official CPI; we never compute it when either leg is missing.