What is the difference in ifc, private nonguaranteed (nfl, us$), per unit of gdp between Armenia and Rwanda?

0.0003 NFL, US$ per US$ of GDP, with Armenia ahead.

How many years of comparable data are there for Armenia and Rwanda?

32 years are reported by both, from 1993 to 2024.

Where does this data come from?

Statizoid (derived), published as IFC, private nonguaranteed (NFL, US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Armenia vs Rwanda: IFC, private nonguaranteed (NFL, US$), per unit of GDP

Armenia

0.0063 NFL, US$ per US$ of GDP

in 2024

Rwanda

0.006 NFL, US$ per US$ of GDP

in 2024

Armenia rank

1st

Rwanda rank

2nd

IFC, private nonguaranteed (NFL, US$), per unit of GDP over time

Armenia
Rwanda

How they compare

Armenia currently reports 0.0063 NFL, US$ per US$ of GDP against 0.006 NFL, US$ per US$ of GDP in Rwanda, a difference of 0.0003 NFL, US$ per US$ of GDP.

That makes Armenia's figure about 1.1 times Rwanda's.

The two have swapped places 7 times across 32 shared years of data; in 1993 it was Rwanda ahead.

Armenia ranks 1st and Rwanda ranks 2nd of 122 countries.

Across the 4 decades both report, Armenia averaged higher in 2 and Rwanda in 1.

Head to head by decade

Decade	Armenia	Rwanda	Difference	Ahead
1990s	0 NFL, US$ per US$ of GDP	0 NFL, US$ per US$ of GDP	0 NFL, US$ per US$ of GDP	—
2000s	0.0002 NFL, US$ per US$ of GDP	0.0001 NFL, US$ per US$ of GDP	0.0001 NFL, US$ per US$ of GDP	Armenia
2010s	0.0005 NFL, US$ per US$ of GDP	0.0006 NFL, US$ per US$ of GDP	0 NFL, US$ per US$ of GDP	Rwanda
2020s	0.002 NFL, US$ per US$ of GDP	0.0007 NFL, US$ per US$ of GDP	0.0014 NFL, US$ per US$ of GDP	Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ifc, private nonguaranteed (nfl, us$), per unit of gdp, Armenia or Rwanda?: Armenia, at 0.0063 NFL, US$ per US$ of GDP against 0.006 NFL, US$ per US$ of GDP in Rwanda as of 2024.
What is the difference in ifc, private nonguaranteed (nfl, us$), per unit of gdp between Armenia and Rwanda?: 0.0003 NFL, US$ per US$ of GDP, with Armenia ahead.
How many years of comparable data are there for Armenia and Rwanda?: 32 years are reported by both, from 1993 to 2024.
How do Armenia and Rwanda rank globally for ifc, private nonguaranteed (nfl, us$), per unit of gdp?: Armenia ranks 1st and Rwanda ranks 2nd of 122 countries.
Where does this data come from?: Statizoid (derived), published as IFC, private nonguaranteed (NFL, US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Rwanda: IFC, private nonguaranteed (NFL, US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 07 September 2026, from https://debt.statizoid.com/compare/ifc-private-nonguaranteed-nfl-us-per-unit-of-gdp/armenia/rwanda/

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About this data

Indicator: IFC, private nonguaranteed (NFL, US$), per unit of GDP
Unit: NFL, US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 167 places, 8,197 data points, 1970–2024
Last refreshed: 18 August 2026

IFC, private nonguaranteed (NFL, US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.