Gross public sector debt as a share of gross domestic product in Rwanda

Rwanda: Gross public sector debt as a share of gross domestic product was 79.1% in 2024. ▲ Rising

Latest (2024)
79.1%
Change on year
up 14.7%
World rank
12th
of 49 countries
All-time high
79.1%
in 2024
All-time low
18.6%
in 2011
Years of data
14
2011–2024

Gross public sector debt as a share of gross domestic product in Rwanda, 2011–2024

204060802011201720242011: 18.6 %2012: 19.3 %2013: 26.6 %2014: 28.6 %2015: 33.8 %2016: 36.5 %2017: 39.5 %2018: 42.4 %2019: 48 %2020: 63.4 %2021: 67.8 %2022: 62.6 %2023: 68.9 %2024: 79.1 %

Source: World Bank – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for gross public sector debt as a share of gross domestic product in Rwanda is 79.1%, measured in 2024. That is the highest value across all 14 years on record.

Compared with earlier readings it is up 14.7% on the previous year and up 176.5% over ten years.

Over the whole period, gross public sector debt as a share of gross domestic product in Rwanda peaked at 79.1% in 2024 and was at its lowest, 18.6%, in 2011.

Rwanda ranks 12th of 49 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Gross public sector debt as a share of gross domestic product in Rwanda, year by year

Annual values for Gross public sector debt as a share of gross domestic product in Rwanda, 2011 to 2024.
Year % Change
2011 18.6%
2012 19.3% +3.7%
2013 26.6% +38.1%
2014 28.6% +7.3%
2015 33.8% +18.3%
2016 36.5% +7.9%
2017 39.5% +8.1%
2018 42.4% +7.6%
2019 48.0% +13.1%
2020 63.4% +32.1%
2021 67.8% +6.9%
2022 62.6% -7.6%
2023 68.9% +10.0%
2024 79.1% +14.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 32.6% 18.6% 48.0% 9
2020s 68.4% 62.6% 79.1% 5

Countries ranked near Rwanda

  1. 9 Spain 93.4% compare
  2. 10 Pakistan 90.7% compare
  3. 11 Belgium 84.7% compare
  4. 13 Mauritius 77.6% compare
  5. 14 Senegal 75.1% compare
  6. 15 Austria 75.0% compare

See the full ranking of 49 places →

More economy & growth data for Rwanda

All data for Rwanda →

Frequently asked questions

What is gross public sector debt as a share of gross domestic product in Rwanda?
Gross public sector debt as a share of gross domestic product in Rwanda was 79.1% in 2024, according to World Bank – processed by Our World in Data.
What is the highest gross public sector debt as a share of gross domestic product recorded in Rwanda?
The highest recorded value was 79.1% in 2024.
What is the lowest gross public sector debt as a share of gross domestic product recorded in Rwanda?
The lowest recorded value was 18.6% in 2011.
How does Rwanda rank for gross public sector debt as a share of gross domestic product?
Rwanda ranks 12th out of 49 countries with data for 2024.
Is gross public sector debt as a share of gross domestic product rising or falling in Rwanda?
Over the last ten years it is up 176.5%. The long-run trend across the full record is rising.
Where does this Rwanda data come from?
The figures come from World Bank – processed by Our World in Data, published as part of Gross public sector debt as a share of gross domestic product. Statizoid updates them automatically from the source API.

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Gross public sector debt as a share of gross domestic product in Rwanda. Statizoid, drawing on World Bank – processed by Our World in Data. Retrieved 31 August 2026, from https://economy.statizoid.com/stat/gross-public-sector-debt-as-a-proportion-of-gdp/rwanda/

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About this data

Indicator
Gross public sector debt as a share of gross domestic product
Unit
%
Source
World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
49 places, 1,023 data points, 2000–2024
Last refreshed

Gross public sector debt, Central Government, as a proportion of GDP (%).