Personal remittances, received (current US$) (Personal IMF balance) in Rwanda
Rwanda: Personal remittances, received (current US$) (Personal IMF balance) was 517.04 million current US$ in 2024. ◆ Volatile
Personal remittances, received in Rwanda, 1976–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, received in Rwanda is 517.04 million current US$, measured in 2024.
The figure is down 0.2% on the previous year and up 181.6% over ten years.
Over the whole period, personal remittances, received in Rwanda peaked at 518.06 million current US$ in 2023 and was at its lowest, 247,391 current US$, in 1976.
Rwanda ranks 124th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received (current US$) (Personal IMF balance) in Rwanda, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 247,391 current US$ | — |
| 1977 | 1.18 million current US$ | +376.1% |
| 1978 | 2.17 million current US$ | +84.1% |
| 1979 | 4.79 million current US$ | +120.8% |
| 1980 | 3.38 million current US$ | -29.4% |
| 1981 | 3.90 million current US$ | +15.4% |
| 1982 | 7.18 million current US$ | +84.0% |
| 1983 | 3.43 million current US$ | -52.2% |
| 1984 | 2.94 million current US$ | -14.3% |
| 1985 | 2.86 million current US$ | -2.7% |
| 1986 | 4.02 million current US$ | +40.3% |
| 1987 | 4.48 million current US$ | +11.5% |
| 1988 | 3.81 million current US$ | -15.0% |
| 1989 | 3.96 million current US$ | +3.9% |
| 1990 | 2.63 million current US$ | -33.5% |
| 1991 | 3.55 million current US$ | +35.0% |
| 1992 | 1.84 million current US$ | -48.0% |
| 1993 | 3.93 million current US$ | +113.2% |
| 1994 | 12.53 million current US$ | +218.7% |
| 1995 | 21.13 million current US$ | +68.6% |
| 1996 | 13.18 million current US$ | -37.6% |
| 1997 | 5.24 million current US$ | -60.3% |
| 1998 | 4.28 million current US$ | -18.3% |
| 1999 | 3.32 million current US$ | -22.4% |
| 2000 | 6.63 million current US$ | +99.7% |
| 2001 | 7.85 million current US$ | +18.5% |
| 2002 | 7.21 million current US$ | -8.2% |
| 2003 | 9.62 million current US$ | +33.4% |
| 2004 | 9.81 million current US$ | +2.0% |
| 2010 | 106.47 million current US$ | +985.4% |
| 2011 | 174.20 million current US$ | +63.6% |
| 2012 | 182.40 million current US$ | +4.7% |
| 2013 | 170.20 million current US$ | -6.7% |
| 2014 | 183.59 million current US$ | +7.9% |
| 2015 | 159.20 million current US$ | -13.3% |
| 2016 | 172.52 million current US$ | +8.4% |
| 2017 | 215.29 million current US$ | +24.8% |
| 2018 | 260.51 million current US$ | +21.0% |
| 2019 | 260.71 million current US$ | +0.1% |
| 2020 | 280.07 million current US$ | +7.4% |
| 2021 | 391.21 million current US$ | +39.7% |
| 2022 | 474.16 million current US$ | +21.2% |
| 2023 | 518.06 million current US$ | +9.3% |
| 2024 | 517.04 million current US$ | -0.2% |
Rwanda compared with similar countries
- Rwanda's 517.04 million current US$ is below the median for low income countries, which is 616.37 million current US$, 84% of the median. (23 countries reporting)
- Rwanda's 517.04 million current US$ is above the median for Sub-Saharan Africa, which is 403.52 million current US$, 1.3× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$) (Personal IMF balance) 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.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +985.4% | 9.81 million current US$ | 106.47 million current US$ |
| 1977 | +376.1% | 247,391 current US$ | 1.18 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.10 million current US$ | 247,391 current US$ | 4.79 million current US$ | 4 |
| 1980s | 4.00 million current US$ | 2.86 million current US$ | 7.18 million current US$ | 10 |
| 1990s | 7.16 million current US$ | 1.84 million current US$ | 21.13 million current US$ | 10 |
| 2000s | 8.22 million current US$ | 6.63 million current US$ | 9.81 million current US$ | 5 |
| 2010s | 188.51 million current US$ | 106.47 million current US$ | 260.71 million current US$ | 10 |
| 2020s | 436.11 million current US$ | 280.07 million current US$ | 518.06 million current US$ | 5 |
Countries ranked near Rwanda
More economy & growth data for Rwanda
- Real gdp growth, annual growth rate -15.81 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.1 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 7.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -78.73 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.51 units per person (2025)
- SDRs holdings, SDR, annual growth rate -79.75 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.1 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received in Rwanda?
- Personal remittances, received in Rwanda was 517.04 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Rwanda?
- The highest recorded value was 518.06 million current US$ in 2023.
- What is the lowest personal remittances, received recorded in Rwanda?
- The lowest recorded value was 247,391 current US$ in 1976.
- How does Rwanda rank for personal remittances, received?
- Rwanda ranks 124th out of 197 countries with data for 2024.
- Is personal remittances, received rising or falling in Rwanda?
- Over the last ten years it is up 181.6%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.