Liquid liabilities to GDP in Rwanda

Rwanda: Liquid liabilities to GDP was 27.2% in 2021. ▲ Rising

Latest (2021)
27.2%
Change on year
up 3.9%
World rank
165th
of 186 countries
All-time high
27.2%
in 2021
All-time low
10.5%
in 1968
Years of data
58
1964–2021

Liquid liabilities to GDP in Rwanda, 1964–2021

0102030196419922021

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

In 2021, liquid liabilities to gdp in Rwanda stood at 27.2%. That is the highest value across all 58 years on record.

That represents a change of up 3.9% on the previous year and up 57.0% over ten years.

Over the whole period, liquid liabilities to gdp in Rwanda peaked at 27.2% in 2021 and was at its lowest, 10.5%, in 1968.

Rwanda ranks 165th of 186 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 58 years of available data.

Liquid liabilities to GDP in Rwanda, year by year

Annual values for Liquid liabilities to GDP (%) in Rwanda, 1964 to 2021.
Year % Change
1964 15.7% —
1965 17.8% +13.1%
1966 13.1% -26.1%
1967 10.8% -18.0%
1968 10.5% -2.2%
1969 11.2% +6.6%
1970 11.7% +4.0%
1971 13.1% +12.5%
1972 13.1% -0.3%
1973 16.5% +26.1%
1974 18.7% +13.0%
1975 11.4% -39.1%
1976 13.0% +14.4%
1977 14.2% +8.8%
1978 13.8% -2.5%
1979 14.6% +6.2%
1980 14.1% -3.7%
1981 13.0% -7.8%
1982 12.3% -5.1%
1983 12.7% +2.9%
1984 12.5% -1.6%
1985 13.4% +7.4%
1986 15.5% +15.9%
1987 17.0% +9.6%
1988 17.1% +0.5%
1989 15.6% -9.0%
1990 14.9% -4.6%
1991 14.0% -5.8%
1992 13.9% -1.0%
1993 13.6% -2.0%
1994 22.4% +65.1%
1995 18.6% -17.1%
1996 16.1% -13.2%
1997 15.8% -2.0%
1998 14.7% -7.0%
1999 16.3% +10.4%
2000 16.9% +3.8%
2001 17.1% +1.5%
2002 17.9% +4.7%
2003 16.6% -7.4%
2004 17.8% +7.1%
2005 17.6% -1.2%
2006 15.5% -11.6%
2007 17.1% +9.7%
2008 15.7% -7.9%
2009 14.3% -8.7%
2010 15.6% +8.5%
2011 17.3% +11.4%
2012 17.2% -0.5%
2013 18.0% +4.3%
2014 18.9% +5.4%
2015 20.8% +9.8%
2016 20.3% -2.5%
2017 19.7% -2.8%
2018 21.7% +10.0%
2019 22.3% +2.8%
2020 26.2% +17.6%
2021 27.2% +3.9%

Rwanda compared with similar countries

  • Rwanda's 27.2% is below the median for low income countries, which is 31.2%, 87% of the median. (23 countries reporting)
  • Rwanda's 27.2% is below the median for Sub-Saharan Africa, which is 29.1%, 94% of the median. (47 countries reporting)

Biggest year-on-year movements

Years where Liquid liabilities to GDP in Rwanda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1994 +65.1% 13.6% 22.4%

Averages by decade

DecadeAverage LowestHighest Years
1960s 13.2% 10.5% 17.8% 6
1970s 14.0% 11.4% 18.7% 10
1980s 14.3% 12.3% 17.1% 10
1990s 16.0% 13.6% 22.4% 10
2000s 16.7% 14.3% 17.9% 10
2010s 19.2% 15.6% 22.3% 10
2020s 26.7% 26.2% 27.2% 2

Countries ranked near Rwanda

  1. 162 Comoros 27.9% compare
  2. 163 Madagascar 27.6% compare
  3. 164 Solomon Islands 27.3% compare
  4. 166 Belarus 26.8% compare
  5. 167 Guinea 26.1% compare
  6. 168 Zambia 25.4% compare

See the full ranking of 186 places →

More financial sector data for Rwanda

All data for Rwanda →

Frequently asked questions

What is liquid liabilities to gdp in Rwanda?
Liquid liabilities to gdp in Rwanda was 27.2% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest liquid liabilities to gdp recorded in Rwanda?
The highest recorded value was 27.2% in 2021.
What is the lowest liquid liabilities to gdp recorded in Rwanda?
The lowest recorded value was 10.5% in 1968.
How does Rwanda rank for liquid liabilities to gdp?
Rwanda ranks 165th out of 186 countries with data for 2021.
Is liquid liabilities to gdp rising or falling in Rwanda?
Over the last ten years it is up 57.0%. The long-run trend across the full record is rising.
Where does this Rwanda data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 58 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Liquid liabilities to GDP in Rwanda. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 25 September 2026, from https://financial-sector.statizoid.com/stat/liquid-liabilities-to-gdp-percent/rwanda/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/stat/liquid-liabilities-to-gdp-percent/rwanda/">Liquid liabilities to GDP in Rwanda</a> — Statizoid

About this data

Indicator
Liquid liabilities to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,545 data points, 1960–2021
Last refreshed

Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.