Malawi vs Rwanda: Total reserves

Malawi
20.1%
in 2020
Rwanda
18.4%
in 2024
Malawi rank
83rd
Rwanda rank
86th

Total reserves over time

  • Malawi
  • Rwanda
0100200300197119972024

How they compare

Malawi currently reports 20.1% against 18.4% in Rwanda, a difference of 1.7%.

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

The two have swapped places 4 times across 50 shared years of data; in 1971 it was Rwanda ahead.

Malawi ranks 83rd and Rwanda ranks 86th of 111 countries.

Rwanda has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Malawi Rwanda Difference Ahead
1970s 20.1% 142.9% 122.8% Rwanda
1980s 5.8% 45.0% 39.2% Rwanda
1990s 6.8% 10.0% 3.2% Rwanda
2000s 11.8% 48.7% 36.8% Rwanda
2010s 30.9% 32.1% 1.2% Rwanda
2020s 20.1% 21.0% 0.9% Rwanda

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total reserves, Malawi or Rwanda?
Malawi, at 20.1% against 18.4% in Rwanda as of 2020.
What is the difference in total reserves between Malawi and Rwanda?
1.7%, with Malawi ahead.
How many years of comparable data are there for Malawi and Rwanda?
50 years are reported by both, from 1971 to 2020.
How do Malawi and Rwanda rank globally for total reserves?
Malawi ranks 83rd and Rwanda ranks 86th of 111 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as Total reserves (% of total external debt). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Malawi vs Rwanda: Total reserves. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 28 August 2026, from https://financial-sector.statizoid.com/compare/total-reserves-percent-of-total-external-debt/malawi/rwanda/

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About this data

Indicator
Total reserves (% of total external debt)
Unit
% of total external debt
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 6,910 data points, 1971–2024
Last refreshed

Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a percentage of total external debt which are all liabilities that require payment(s) of interest and/or principal by the debtor at some point(s) in the future and that are owed to non-residents by residents of an economy.