Current account balance in Rwanda
Rwanda: Current account balance was -1.81 billion BoP, current US$ in 2024. ▼ Falling
Current account balance in Rwanda, 2010–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Rwanda recorded -1.81 billion BoP, current US$ for current account balance in 2024. That is the lowest value across all 15 years on record.
The figure is down 9.7% on the previous year and down 93.4% over ten years.
Over the whole period, current account balance in Rwanda peaked at -399.14 million BoP, current US$ in 2010 and was at its lowest, -1.81 billion BoP, current US$, in 2024.
That places Rwanda 144th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -863.24 million BoP, current US$ | -1.33 billion BoP, current US$ | -399.14 million BoP, current US$ | 10 |
| 2020s | -1.43 billion BoP, current US$ | -1.81 billion BoP, current US$ | -1.21 billion BoP, current US$ | 5 |
Countries ranked near Rwanda
- 141 Latvia -1.64 billion BoP, current US$ compare
- 142 Cameroon -1.75 billion BoP, current US$ compare
- 143 South Africa -1.81 billion BoP, current US$ compare
- 145 Belarus -1.82 billion BoP, current US$ compare
- 146 Namibia -1.83 billion BoP, current US$ compare
- 147 Cambodia -1.87 billion BoP, current US$ compare
More economy & growth data for Rwanda
- External balance on goods and services as a percent of GDP -13.6% (2025)
- Inflation of consumer prices 5.9% (2025)
- GDP per capita 1,116 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.3% (2025)
- Gross domestic product (GDP) 16.27 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,116 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,428 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.10 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 771.20 million current US$ (2025)
- Taxes less subsidies on products 1.25 trillion current LCU (2025)
Frequently asked questions
- What is current account balance in Rwanda?
- Current account balance in Rwanda was -1.81 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Rwanda?
- The highest recorded value was -399.14 million BoP, current US$ in 2010.
- What is the lowest current account balance recorded in Rwanda?
- The lowest recorded value was -1.81 billion BoP, current US$ in 2024.
- How does Rwanda rank for current account balance?
- Rwanda ranks 144th out of 198 countries with data for 2024.
- Is current account balance rising or falling in Rwanda?
- Over the last ten years it is down 93.4%. The long-run trend across the full record is falling.
- Where does this Rwanda data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.