Goods balance (credit less debit), Percent of GDP (Balance of) in Rwanda
Rwanda: Goods balance (credit less debit), Percent of GDP (Balance of) was -13.13 in 2027. ▼ Falling
Goods balance (credit less debit), Percent of GDP (Balance of) in Rwanda, 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, goods balance (credit less debit), percent of gdp (balance of) in Rwanda stood at -13.13.
The figure is up 11.7% on the previous year and down 23.5% over ten years.
Over the whole period, goods balance (credit less debit), percent of gdp (balance of) in Rwanda peaked at -7.66 in 2000 and was at its lowest, -16.86, in 2012.
Rwanda ranks 38th of 45 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Goods balance (credit less debit), Percent of GDP (Balance of) in Rwanda, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -7.66 | — |
| 2001 | -7.83 | +2.2% |
| 2002 | -8.36 | +6.8% |
| 2003 | -8.24 | -1.5% |
| 2004 | -7.95 | -3.5% |
| 2005 | -8.23 | +3.5% |
| 2006 | -8.8 | +6.9% |
| 2007 | -9.98 | +13.5% |
| 2008 | -12.31 | +23.3% |
| 2009 | -13.72 | +11.4% |
| 2010 | -13 | -5.2% |
| 2011 | -16.24 | +24.9% |
| 2012 | -16.86 | +3.8% |
| 2013 | -14.92 | -11.5% |
| 2014 | -15.6 | +4.6% |
| 2015 | -14.63 | -6.2% |
| 2016 | -15.05 | +2.9% |
| 2017 | -10.63 | -29.4% |
| 2018 | -11.96 | +12.6% |
| 2019 | -13.93 | +16.4% |
| 2020 | -15.73 | +13.0% |
| 2021 | -14.74 | -6.3% |
| 2022 | -14.47 | -1.9% |
| 2023 | -16 | +10.6% |
| 2024 | -15.51 | -3.0% |
| 2025 | -15.53 | +0.1% |
| 2026 | -14.86 | -4.3% |
| 2027 | -13.13 | -11.7% |
Rwanda compared with similar countries
- Rwanda's -13.13 is below the median for Sub-Saharan Africa, which is -2.52, 5.2× the median. (45 countries reporting)
- Rwanda's -13.13 is below the median for low income countries, which is -2.52, 5.2× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -9.31 | -13.72 | -7.66 | 10 |
| 2010s | -14.28 | -16.86 | -10.63 | 10 |
| 2020s | -15 | -16 | -13.13 | 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 goods balance (credit less debit), percent of gdp (balance of) in Rwanda?
- Goods balance (credit less debit), percent of gdp (balance of) in Rwanda was -13.13 in 2027, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), percent of gdp (balance of) recorded in Rwanda?
- The highest recorded value was -7.66 in 2000.
- What is the lowest goods balance (credit less debit), percent of gdp (balance of) recorded in Rwanda?
- The lowest recorded value was -16.86 in 2012.
- How does Rwanda rank for goods balance (credit less debit), percent of gdp (balance of)?
- Rwanda ranks 38th out of 45 countries with data for 2027.
- Is goods balance (credit less debit), percent of gdp (balance of) rising or falling in Rwanda?
- Over the last ten years it is down 23.5%. 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 Goods 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.