Personal remittances, received in Rwanda
Rwanda: Personal remittances, received was 3.4% in 2024. ◆ Volatile
Personal remittances, received in Rwanda, 1976–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
Rwanda recorded 3.4% for personal remittances, received in 2024.
Compared with earlier readings it is down 2.2% on the previous year and up 51.5% over ten years.
Over the whole period, personal remittances, received in Rwanda peaked at 3.5% in 2023 and was at its lowest, 0.0%, in 1976.
Rwanda ranks 75th of 195 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 in Rwanda, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1976 | 0.0% | — |
| 1977 | 0.2% | +306.7% |
| 1978 | 0.2% | +51.7% |
| 1979 | 0.4% | +80.3% |
| 1980 | 0.3% | -37.6% |
| 1981 | 0.3% | +2.9% |
| 1982 | 0.5% | +84.0% |
| 1983 | 0.2% | -54.5% |
| 1984 | 0.2% | -20.1% |
| 1985 | 0.2% | -10.0% |
| 1986 | 0.2% | +23.8% |
| 1987 | 0.2% | +0.5% |
| 1988 | 0.2% | -23.5% |
| 1989 | 0.2% | +3.5% |
| 1990 | 0.1% | -37.3% |
| 1991 | 0.2% | +80.1% |
| 1992 | 0.1% | -51.0% |
| 1993 | 0.2% | +119.4% |
| 1994 | 1.7% | +733.8% |
| 1995 | 1.6% | -1.8% |
| 1996 | 1.0% | -41.6% |
| 1997 | 0.3% | -70.3% |
| 1998 | 0.2% | -24.0% |
| 1999 | 0.2% | -28.5% |
| 2000 | 0.3% | +108.2% |
| 2001 | 0.4% | +24.6% |
| 2002 | 0.4% | -8.1% |
| 2003 | 0.4% | +22.7% |
| 2004 | 0.4% | -8.2% |
| 2010 | 1.8% | +326.2% |
| 2011 | 2.6% | +45.6% |
| 2012 | 2.4% | -5.7% |
| 2013 | 2.2% | -8.6% |
| 2014 | 2.3% | +2.4% |
| 2015 | 1.9% | -16.5% |
| 2016 | 2.0% | +6.5% |
| 2017 | 2.3% | +17.1% |
| 2018 | 2.7% | +14.9% |
| 2019 | 2.5% | -8.2% |
| 2020 | 2.7% | +7.8% |
| 2021 | 3.5% | +30.2% |
| 2022 | 3.4% | -0.8% |
| 2023 | 3.5% | +1.4% |
| 2024 | 3.4% | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2% | 0.0% | 0.4% | 4 |
| 1980s | 0.2% | 0.2% | 0.5% | 10 |
| 1990s | 0.5% | 0.1% | 1.7% | 10 |
| 2000s | 0.4% | 0.3% | 0.4% | 5 |
| 2010s | 2.3% | 1.8% | 2.7% | 10 |
| 2020s | 3.3% | 2.7% | 3.5% | 5 |
Countries ranked near Rwanda
More economy & growth data for Rwanda
- 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)
- Industry (including construction), value added (constant 2015 US$) 11.15 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1982 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 222.69 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 11.15 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 298.43 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 335,357 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 8.62 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5233 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is personal remittances, received in Rwanda?
- Personal remittances, received in Rwanda was 3.4% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Rwanda?
- The highest recorded value was 3.5% in 2023.
- What is the lowest personal remittances, received recorded in Rwanda?
- The lowest recorded value was 0.0% in 1976.
- How does Rwanda rank for personal remittances, received?
- Rwanda ranks 75th out of 195 countries with data for 2024.
- Is personal remittances, received rising or falling in Rwanda?
- Over the last ten years it is up 51.5%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). 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.