Goods balance (credit less debit), Net (credits less debits) in Rwanda
Rwanda: Goods balance (credit less debit), Net (credits less debits) 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) 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% |
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
- Total reserves in months of imports, annual growth rate 16.11 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -19.99 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0853 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 95.89 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -22.34 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 98.37 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -22.34 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 98.37 SDR per person (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.