Short-term debt (% of total external debt) in Rwanda
Rwanda: Short-term debt (% of total external debt) was 3.8% in 2024. ◆ Volatile
Short-term debt in Rwanda, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Rwanda recorded 3.8% for short-term debt in 2024.
The figure is down 1.4% on the previous year and up 347.0% over ten years.
Over the whole period, short-term debt in Rwanda peaked at 13.7% in 1980 and was at its lowest, 0.0%, in 1970.
Rwanda ranks 88th of 122 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.
Short-term debt (% of total external debt) in Rwanda, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1977 | 10.3% | +96953.8% |
| 1978 | 13.4% | +30.3% |
| 1979 | 13.5% | +0.4% |
| 1980 | 13.7% | +1.8% |
| 1981 | 10.2% | -25.8% |
| 1982 | 9.6% | -5.5% |
| 1983 | 6.7% | -30.8% |
| 1984 | 12.8% | +91.8% |
| 1985 | 7.4% | -42.1% |
| 1986 | 6.0% | -18.7% |
| 1987 | 6.5% | +8.2% |
| 1988 | 6.4% | -2.2% |
| 1989 | 7.2% | +13.9% |
| 1990 | 6.6% | -8.4% |
| 1991 | 6.2% | -6.3% |
| 1992 | 6.4% | +3.6% |
| 1993 | 6.5% | +1.4% |
| 1994 | 3.5% | -46.1% |
| 1995 | 3.1% | -11.4% |
| 1996 | 3.3% | +5.7% |
| 1997 | 6.9% | +109.5% |
| 1998 | 4.0% | -41.6% |
| 1999 | 4.1% | +1.8% |
| 2000 | 3.0% | -27.5% |
| 2001 | 2.7% | -10.5% |
| 2002 | 3.0% | +13.3% |
| 2003 | 1.7% | -42.3% |
| 2004 | 0.9% | -47.3% |
| 2005 | 1.0% | +9.8% |
| 2006 | 4.4% | +339.2% |
| 2007 | 3.8% | -13.9% |
| 2008 | 0.7% | -81.0% |
| 2009 | 0.9% | +27.4% |
| 2010 | 1.1% | +24.3% |
| 2011 | 7.7% | +569.7% |
| 2012 | 4.7% | -38.2% |
| 2013 | 0.5% | -89.9% |
| 2014 | 0.9% | +79.2% |
| 2015 | 0.3% | -62.0% |
| 2016 | 5.2% | +1507.6% |
| 2017 | 6.0% | +15.1% |
| 2018 | 6.2% | +3.3% |
| 2019 | 5.3% | -15.5% |
| 2020 | 4.6% | -12.4% |
| 2021 | 4.4% | -3.8% |
| 2022 | 3.9% | -12.5% |
| 2023 | 3.9% | +0.2% |
| 2024 | 3.8% | -1.4% |
Rwanda compared with similar countries
- Rwanda's 3.8% is above the median for low income countries, which is 2.5%, 1.5× the median. (23 countries reporting)
- Rwanda's 3.8% is below the median for Sub-Saharan Africa, which is 5.2%, 74% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Short-term debt (% of total external debt) 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 |
|---|---|---|---|
| 1977 | +96953.8% | 0.0% | 10.3% |
| 2016 | +1507.6% | 0.3% | 5.2% |
| 2011 | +569.7% | 1.1% | 7.7% |
| 2006 | +339.2% | 1.0% | 4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.7% | 0.0% | 13.5% | 10 |
| 1980s | 8.6% | 6.0% | 13.7% | 10 |
| 1990s | 5.1% | 3.1% | 6.9% | 10 |
| 2000s | 2.2% | 0.7% | 4.4% | 10 |
| 2010s | 3.8% | 0.3% | 7.7% | 10 |
| 2020s | 4.1% | 3.8% | 4.6% | 5 |
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 short-term debt in Rwanda?
- Short-term debt in Rwanda was 3.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Rwanda?
- The highest recorded value was 13.7% in 1980.
- What is the lowest short-term debt recorded in Rwanda?
- The lowest recorded value was 0.0% in 1970.
- How does Rwanda rank for short-term debt?
- Rwanda ranks 88th out of 122 countries with data for 2024.
- Is short-term debt rising or falling in Rwanda?
- Over the last ten years it is up 347.0%. 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 Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.