Net trade in goods and services (BoP, current US$), annual growth rate in Rwanda

Rwanda: Net trade in goods and services (BoP, current US$), annual growth rate was 0.597 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0.597 % change on previous year
Change on year
up 104.1%
World rank
96th
of 199 countries
All-time high
24.22 % change on previous year
in 2017
All-time low
-30.14 % change on previous year
in 2011
Years of data
14
2011–2024

Net trade in goods and services (BoP, current US$), annual growth rate in Rwanda, 2011–2024

-40-200202011201720242011: -30.1 % change on previous year2012: -2.4 % change on previous year2013: 7.9 % change on previous year2014: -14.8 % change on previous year2015: -12.4 % change on previous year2016: -3.3 % change on previous year2017: 24.2 % change on previous year2018: -11.3 % change on previous year2019: -14.2 % change on previous year2020: -11.2 % change on previous year2021: -8.2 % change on previous year2022: -11 % change on previous year2023: -14.6 % change on previous year2024: 0.597 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for net trade in goods and services (bop, current us$), annual growth rate in Rwanda is 0.597 % change on previous year, measured in 2024.

That represents a change of up 104.1% on the previous year and up 104.0% over ten years.

Over the whole period, net trade in goods and services (bop, current us$), annual growth rate in Rwanda peaked at 24.22 % change on previous year in 2017 and was at its lowest, -30.14 % change on previous year, in 2011.

That places Rwanda 96th out of 199 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Net trade in goods and services (BoP, current US$), annual growth rate in Rwanda, year by year

Annual values for Net trade in goods and services (BoP, current US$), annual growth rate in Rwanda, 2011 to 2024.
Year % change on previous year Change
2011 -30.14 % change on previous year
2012 -2.38 % change on previous year -92.1%
2013 7.91 % change on previous year -432.9%
2014 -14.77 % change on previous year -286.8%
2015 -12.41 % change on previous year -16.0%
2016 -3.35 % change on previous year -73.0%
2017 24.22 % change on previous year -823.2%
2018 -11.27 % change on previous year -146.5%
2019 -14.2 % change on previous year +26.1%
2020 -11.21 % change on previous year -21.1%
2021 -8.16 % change on previous year -27.2%
2022 -10.97 % change on previous year +34.5%
2023 -14.61 % change on previous year +33.1%
2024 0.597 % change on previous year -104.1%

Rwanda compared with similar countries

  • Rwanda's 0.597 % change on previous year is below the median for low income countries, which is 5.95 % change on previous year, 10% of the median. (23 countries reporting)
  • Rwanda's 0.597 % change on previous year is below the median for Sub-Saharan Africa, which is 2.26 % change on previous year, 26% of the median. (47 countries reporting)

Biggest year-on-year movements

Years where Net trade in goods and services (BoP, current US$), annual growth rate 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
2017 +823.2% -3.35 % change on previous year 24.22 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
2010s -6.26 % change on previous year -30.14 % change on previous year 24.22 % change on previous year 9
2020s -8.87 % change on previous year -14.61 % change on previous year 0.597 % change on previous year 5

Countries ranked near Rwanda

  1. 93 Israel 1.31 % change on previous year compare
  2. 94 Ethiopia 1.14 % change on previous year compare
  3. 95 Nepal 1.07 % change on previous year compare
  4. 97 Czechia 0.098 % change on previous year compare
  5. 98 India 0.0946 % change on previous year compare
  6. 99 Mauritania 0.0737 % change on previous year compare

See the full ranking of 200 places →

More economy & growth data for Rwanda

All data for Rwanda →

Frequently asked questions

What is net trade in goods and services (bop, current us$), annual growth rate in Rwanda?
Net trade in goods and services (bop, current us$), annual growth rate in Rwanda was 0.597 % change on previous year in 2024, according to Statizoid (derived).
What is the highest net trade in goods and services (bop, current us$), annual growth rate recorded in Rwanda?
The highest recorded value was 24.22 % change on previous year in 2017.
What is the lowest net trade in goods and services (bop, current us$), annual growth rate recorded in Rwanda?
The lowest recorded value was -30.14 % change on previous year in 2011.
How does Rwanda rank for net trade in goods and services (bop, current us$), annual growth rate?
Rwanda ranks 96th out of 199 countries with data for 2024.
Is net trade in goods and services (bop, current us$), annual growth rate rising or falling in Rwanda?
Over the last ten years it is up 104.0%. The long-run trend across the full record is volatile.
Where does this Rwanda data come from?
The figures come from Statizoid (derived), published as part of Net trade in goods and services (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Net trade in goods and services (BoP, current US$), annual growth rate in Rwanda. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/net-trade-in-goods-and-services-bop-current-us-annual-growth-rate/rwanda/

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<a href="https://economy.statizoid.com/stat/net-trade-in-goods-and-services-bop-current-us-annual-growth-rate/rwanda/">Net trade in goods and services (BoP, current US$), annual growth rate in Rwanda</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Net trade in goods and services (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
200 places, 7,458 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.