Net flows on external debt, private nonguaranteed (PNG) (NFL, current) in Rwanda
Rwanda: Net flows on external debt, private nonguaranteed (PNG) (NFL, current) was 478.13 million NFL, current US$ in 2025. ◆ Volatile
Net flows on external debt, private nonguaranteed (PNG) in Rwanda, 2008–2025
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2025, net flows on external debt, private nonguaranteed (png) in Rwanda stood at 478.13 million NFL, current US$. That is the highest value across all 18 years on record.
That represents a change of up 132.9% on the previous year and up 172.6% over ten years.
Over the whole period, net flows on external debt, private nonguaranteed (png) in Rwanda peaked at 478.13 million NFL, current US$ in 2025 and was at its lowest, -81.00 million NFL, current US$, in 2011.
Rwanda ranks 32nd of 94 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net flows on external debt, private nonguaranteed (PNG) (NFL, current) in Rwanda, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 2008 | 240.00 million NFL, current US$ | — |
| 2009 | 0 NFL, current US$ | -100.0% |
| 2010 | 86.00 million NFL, current US$ | — |
| 2011 | -81.00 million NFL, current US$ | -194.2% |
| 2012 | 307.00 million NFL, current US$ | -479.0% |
| 2013 | 69.00 million NFL, current US$ | -77.5% |
| 2014 | 389.00 million NFL, current US$ | +463.8% |
| 2015 | 175.41 million NFL, current US$ | -54.9% |
| 2016 | 281.64 million NFL, current US$ | +60.6% |
| 2017 | 178.54 million NFL, current US$ | -36.6% |
| 2018 | 228.82 million NFL, current US$ | +28.2% |
| 2019 | 163.59 million NFL, current US$ | -28.5% |
| 2020 | 231.96 million NFL, current US$ | +41.8% |
| 2021 | 258.65 million NFL, current US$ | +11.5% |
| 2022 | 124.34 million NFL, current US$ | -51.9% |
| 2023 | 340.41 million NFL, current US$ | +173.8% |
| 2024 | 205.31 million NFL, current US$ | -39.7% |
| 2025 | 478.13 million NFL, current US$ | +132.9% |
Rwanda compared with similar countries
- Rwanda's 478.13 million NFL, current US$ is above the median for low income countries, which is 50.25 million NFL, current US$, 9.5× the median. (9 countries reporting)
- Rwanda's 478.13 million NFL, current US$ is above the median for Sub-Saharan Africa, which is -8.67 million NFL, current US$. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 120.00 million NFL, current US$ | 0 NFL, current US$ | 240.00 million NFL, current US$ | 2 |
| 2010s | 179.80 million NFL, current US$ | -81.00 million NFL, current US$ | 389.00 million NFL, current US$ | 10 |
| 2020s | 273.13 million NFL, current US$ | 124.34 million NFL, current US$ | 478.13 million NFL, current US$ | 6 |
Countries ranked near Rwanda
- 29 Belarus 570.22 million NFL, current US$ compare
- 30 North Macedonia 541.63 million NFL, current US$ compare
- 31 Mongolia 491.52 million NFL, current US$ compare
- 33 Armenia 476.24 million NFL, current US$ compare
- 34 Laos 391.65 million NFL, current US$ compare
- 35 Sri Lanka 322.98 million NFL, current US$ compare
More external debt data for Rwanda
- 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)
- 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre 21,978 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 1.12 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 9.30 billion DOD, current US$ (2025)
- External debt stocks, long-term 12.88 billion DOD, current US$ (2025)
- External debt stocks, short-term 549.98 million DOD, current US$ (2025)
Frequently asked questions
- What is net flows on external debt, private nonguaranteed (png) in Rwanda?
- Net flows on external debt, private nonguaranteed (png) in Rwanda was 478.13 million NFL, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest net flows on external debt, private nonguaranteed (png) recorded in Rwanda?
- The highest recorded value was 478.13 million NFL, current US$ in 2025.
- What is the lowest net flows on external debt, private nonguaranteed (png) recorded in Rwanda?
- The lowest recorded value was -81.00 million NFL, current US$ in 2011.
- How does Rwanda rank for net flows on external debt, private nonguaranteed (png)?
- Rwanda ranks 32nd out of 94 countries with data for 2025.
- Is net flows on external debt, private nonguaranteed (png) rising or falling in Rwanda?
- Over the last ten years it is up 172.6%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.