Gross external debt, Percent of GDP (Balance of Payments and) in Rwanda
Rwanda: Gross external debt, Percent of GDP (Balance of Payments and) was 61.93 in 2027. ◆ Volatile
Gross external debt, Percent of GDP (Balance of Payments and) in Rwanda, 2000–2027
Source: International Monetary Fund.
Analysis
Rwanda recorded 61.93 for gross external debt, percent of gdp (balance of payments and) in 2027.
The figure is up 3.1% on the previous year and up 66.5% over ten years.
Over the whole period, gross external debt, percent of gdp (balance of payments and) in Rwanda peaked at 76.32 in 2002 and was at its lowest, 13, in 2008.
That places Rwanda 4th out of 45 countries with data for 2027, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross external debt, Percent of GDP (Balance of Payments and) in Rwanda, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 70.23 | — |
| 2001 | 73.39 | +4.5% |
| 2002 | 76.32 | +4.0% |
| 2003 | 69.2 | -9.3% |
| 2004 | 71.03 | +2.6% |
| 2005 | 51.22 | -27.9% |
| 2006 | 14.66 | -71.4% |
| 2007 | 14.19 | -3.2% |
| 2008 | 13 | -8.4% |
| 2009 | 13.37 | +2.9% |
| 2010 | 13.22 | -1.2% |
| 2011 | 16.36 | +23.8% |
| 2012 | 15.42 | -5.7% |
| 2013 | 20.77 | +34.7% |
| 2014 | 22.5 | +8.3% |
| 2015 | 25.14 | +11.7% |
| 2016 | 33.1 | +31.7% |
| 2017 | 37.2 | +12.4% |
| 2018 | 40.16 | +7.9% |
| 2019 | 42.57 | +6.0% |
| 2020 | 53.13 | +24.8% |
| 2021 | 52.53 | -1.1% |
| 2022 | 45.07 | -14.2% |
| 2023 | 49.73 | +10.3% |
| 2024 | 56.69 | +14.0% |
| 2025 | 57.07 | +0.7% |
| 2026 | 60.06 | +5.2% |
| 2027 | 61.93 | +3.1% |
Rwanda compared with similar countries
- Rwanda's 61.93 is above the median for Sub-Saharan Africa, which is 26.53, 2.3× the median. (45 countries reporting)
- Rwanda's 61.93 is above the median for low income countries, which is 24.57, 2.5× the median. (19 countries reporting)
Biggest year-on-year movements
Years where Gross external debt, Percent of GDP (Balance of Payments and) in Rwanda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | -71.4% | 51.22 | 14.66 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.66 | 13 | 76.32 | 10 |
| 2010s | 26.64 | 13.22 | 42.57 | 10 |
| 2020s | 54.53 | 45.07 | 61.93 | 8 |
Countries ranked near Rwanda
More external debt data for Rwanda
- IFC, private nonguaranteed 90.62 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 6.36 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.006 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -171.43 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.7% (2024)
- Net financial flows, IDA 560.22 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 39.3 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0371 NFL, current US$ per US$ of GDP (2024)
- Public and publicly guaranteed debt service 5.7% (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 21,978 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is gross external debt, percent of gdp (balance of payments and) in Rwanda?
- Gross external debt, percent of gdp (balance of payments and) in Rwanda was 61.93 in 2027, according to International Monetary Fund.
- What is the highest gross external debt, percent of gdp (balance of payments and) recorded in Rwanda?
- The highest recorded value was 76.32 in 2002.
- What is the lowest gross external debt, percent of gdp (balance of payments and) recorded in Rwanda?
- The lowest recorded value was 13 in 2008.
- How does Rwanda rank for gross external debt, percent of gdp (balance of payments and)?
- Rwanda ranks 4th out of 45 countries with data for 2027.
- Is gross external debt, percent of gdp (balance of payments and) rising or falling in Rwanda?
- Over the last ten years it is up 66.5%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from International Monetary Fund, published as part of Gross external debt, Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.