Rwanda vs Upper middle income: External debt stocks

Rwanda
93.9%
in 2024
Upper middle income
21.3%
in 2024
Rwanda rank
12th
Upper middle income rank
10th

External debt stocks over time

  • Rwanda
  • Upper middle income
050100150197019972024

How they compare

Rwanda currently reports 93.9% against 21.3% in Upper middle income, a difference of 72.6%.

That makes Rwanda's figure about 4.4 times Upper middle income's.

The two have swapped places 3 times across 55 shared years of data; in 1970 it was Upper middle income ahead.

Rwanda ranks 12th and Upper middle income ranks 10th of 122 countries.

Across the 6 decades both report, Rwanda averaged higher in 4 and Upper middle income in 2.

Head to head by decade

Decade Rwanda Upper middle income Difference Ahead
1970s 6.3% 14.6% 8.3% Upper middle income
1980s 20.5% 28.1% 7.6% Upper middle income
1990s 62.7% 30.9% 31.8% Rwanda
2000s 46.8% 26.2% 20.6% Rwanda
2010s 40.7% 22.8% 17.9% Rwanda
2020s 83.5% 23.3% 60.2% Rwanda

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external debt stocks, Rwanda or Upper middle income?
Rwanda, at 93.9% against 21.3% in Upper middle income as of 2024.
What is the difference in external debt stocks between Rwanda and Upper middle income?
72.6%, with Rwanda ahead.
How many years of comparable data are there for Rwanda and Upper middle income?
55 years are reported by both, from 1970 to 2024.
How do Rwanda and Upper middle income rank globally for external debt stocks?
Rwanda ranks 12th and Upper middle income ranks 10th of 122 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as External debt stocks (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Rwanda vs Upper middle income: External debt stocks. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/external-debt-stocks-percent-of-gni/rwanda/upper-middle-income/

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About this data

Indicator
External debt stocks (% of GNI)
Unit
% of GNI
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
134 places, 6,178 data points, 1970–2024
Last refreshed

Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.