Current account balance (credit less debit), Percent of GDP (Balance) in Rwanda
Rwanda: Current account balance (credit less debit), Percent of GDP (Balance) was -11.7 in 2027. ▼ Falling
Current account balance (credit less debit), Percent of GDP (Balance) in Rwanda, 2000–2027
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), percent of gdp (balance) in Rwanda is -11.7, measured in 2027.
Compared with earlier readings it is up 12.6% on the previous year and down 22.5% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in Rwanda peaked at -1.87 in 2004 and was at its lowest, -15.48, in 2016.
That places Rwanda 42nd out of 45 countries with data for 2027, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Current account balance (credit less debit), Percent of GDP (Balance) in Rwanda, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -4.67 | — |
| 2001 | -5.29 | +13.1% |
| 2002 | -7.04 | +33.2% |
| 2003 | -4.99 | -29.2% |
| 2004 | -1.87 | -62.4% |
| 2005 | -2.26 | +20.6% |
| 2006 | -4.25 | +88.0% |
| 2007 | -2.12 | -50.0% |
| 2008 | -4.73 | +122.8% |
| 2009 | -6.76 | +42.8% |
| 2010 | -6.6 | -2.4% |
| 2011 | -7.01 | +6.3% |
| 2012 | -9.81 | +39.9% |
| 2013 | -7.59 | -22.7% |
| 2014 | -11.5 | +51.6% |
| 2015 | -12.82 | +11.5% |
| 2016 | -15.48 | +20.7% |
| 2017 | -9.55 | -38.3% |
| 2018 | -10.1 | +5.8% |
| 2019 | -11.7 | +15.9% |
| 2020 | -11.7 | +0.0% |
| 2021 | -10.73 | -8.3% |
| 2022 | -9.02 | -15.9% |
| 2023 | -11.38 | +26.1% |
| 2024 | -12.1 | +6.3% |
| 2025 | -12.95 | +7.1% |
| 2026 | -13.38 | +3.3% |
| 2027 | -11.7 | -12.6% |
Rwanda compared with similar countries
- Rwanda's -11.7 is below the median for Sub-Saharan Africa, which is -2.9, 4.0× the median. (45 countries reporting)
- Rwanda's -11.7 is below the median for low income countries, which is -3.6, 3.2× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.4 | -7.04 | -1.87 | 10 |
| 2010s | -10.22 | -15.48 | -6.6 | 10 |
| 2020s | -11.62 | -13.38 | -9.02 | 8 |
Countries ranked near Rwanda
More financial sector data for Rwanda
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.88 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.37 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.88 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in Rwanda?
- Current account balance (credit less debit), percent of gdp (balance) in Rwanda was -11.7 in 2027, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in Rwanda?
- The highest recorded value was -1.87 in 2004.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in Rwanda?
- The lowest recorded value was -15.48 in 2016.
- How does Rwanda rank for current account balance (credit less debit), percent of gdp (balance)?
- Rwanda ranks 42nd out of 45 countries with data for 2027.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in Rwanda?
- Over the last ten years it is down 22.5%. The long-run trend across the full record is falling.
- Where does this Rwanda data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), 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.