Goods balance (credit less debit), Net (credits less debits) (US) in Rwanda
Rwanda: Goods balance (credit less debit), Net (credits less debits) (US) was -2.34 billion in 2024. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in Rwanda, 2010–2024
Source: International Monetary Fund.
Analysis
In 2024, goods balance (credit less debit), net (credits less debits) in Rwanda stood at -2.34 billion.
That represents a change of up 1.0% on the previous year and down 84.8% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Rwanda peaked at -786.70 million in 2010 and was at its lowest, -2.37 billion, in 2023.
That places Rwanda 127th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Goods balance (credit less debit), Net (credits less debits) (US) in Rwanda, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | -786.70 million | — |
| 2011 | -1.10 billion | +40.4% |
| 2012 | -1.27 billion | +15.3% |
| 2013 | -1.15 billion | -9.7% |
| 2014 | -1.27 billion | +10.2% |
| 2015 | -1.24 billion | -2.5% |
| 2016 | -1.29 billion | +4.7% |
| 2017 | -973.90 million | -24.7% |
| 2018 | -1.15 billion | +18.5% |
| 2019 | -1.46 billion | +26.9% |
| 2020 | -1.65 billion | +12.7% |
| 2021 | -1.66 billion | +0.5% |
| 2022 | -1.99 billion | +19.9% |
| 2023 | -2.37 billion | +19.1% |
| 2024 | -2.34 billion | -1.0% |
Rwanda compared with similar countries
- Rwanda's -2.34 billion is below the median for low income countries, which is -997.41 million, 2.4× the median. (20 countries reporting)
- Rwanda's -2.34 billion is below the median for Sub-Saharan Africa, which is -577.00 million, 4.1× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -1.17 billion | -1.46 billion | -786.70 million | 10 |
| 2020s | -2.00 billion | -2.37 billion | -1.65 billion | 5 |
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 goods balance (credit less debit), net (credits less debits) in Rwanda?
- Goods balance (credit less debit), net (credits less debits) in Rwanda was -2.34 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Rwanda?
- The highest recorded value was -786.70 million in 2010.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Rwanda?
- The lowest recorded value was -2.37 billion in 2023.
- How does Rwanda rank for goods balance (credit less debit), net (credits less debits)?
- Rwanda ranks 127th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Rwanda?
- Over the last ten years it is down 84.8%. 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 Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.