Primary income payments in Rwanda
Rwanda: Primary income payments was 364.49 million BoP, current US$ in 2024. ▲ Rising
Primary income payments in Rwanda, 2010–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Rwanda recorded 364.49 million BoP, current US$ for primary income payments in 2024. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 11.1% on the previous year and up 78.9% over ten years.
Over the whole period, primary income payments in Rwanda peaked at 364.49 million BoP, current US$ in 2024 and was at its lowest, 54.93 million BoP, current US$, in 2010.
That places Rwanda 150th out of 200 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Primary income payments in Rwanda, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2010 | 54.93 million BoP, current US$ | — |
| 2011 | 70.19 million BoP, current US$ | +27.8% |
| 2012 | 129.99 million BoP, current US$ | +85.2% |
| 2013 | 187.12 million BoP, current US$ | +43.9% |
| 2014 | 203.73 million BoP, current US$ | +8.9% |
| 2015 | 141.80 million BoP, current US$ | -30.4% |
| 2016 | 324.79 million BoP, current US$ | +129.0% |
| 2017 | 312.87 million BoP, current US$ | -3.7% |
| 2018 | 362.85 million BoP, current US$ | +16.0% |
| 2019 | 345.50 million BoP, current US$ | -4.8% |
| 2020 | 211.18 million BoP, current US$ | -38.9% |
| 2021 | 203.65 million BoP, current US$ | -3.6% |
| 2022 | 291.39 million BoP, current US$ | +43.1% |
| 2023 | 328.15 million BoP, current US$ | +12.6% |
| 2024 | 364.49 million BoP, current US$ | +11.1% |
Rwanda compared with similar countries
- Rwanda's 364.49 million BoP, current US$ is below the median for low income countries, which is 380.87 million BoP, current US$, 96% of the median. (23 countries reporting)
- Rwanda's 364.49 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 558.91 million BoP, current US$, 65% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 213.38 million BoP, current US$ | 54.93 million BoP, current US$ | 362.85 million BoP, current US$ | 10 |
| 2020s | 279.77 million BoP, current US$ | 203.65 million BoP, current US$ | 364.49 million BoP, current US$ | 5 |
Countries ranked near Rwanda
- 147 Suriname 390.70 million BoP, current US$ compare
- 148 Yemen 380.87 million BoP, current US$ compare
- 149 Ethiopia 365.73 million BoP, current US$ compare
- 151 East Timor 364.43 million BoP, current US$ compare
- 152 Kyrgyzstan 363.91 million BoP, current US$ compare
- 153 San Marino 328.32 million BoP, current US$ compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 13.15 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.9225 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 572.93 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 25.19 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0379 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.19 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -18.44 % change on previous year (2025)
Frequently asked questions
- What is primary income payments in Rwanda?
- Primary income payments in Rwanda was 364.49 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Rwanda?
- The highest recorded value was 364.49 million BoP, current US$ in 2024.
- What is the lowest primary income payments recorded in Rwanda?
- The lowest recorded value was 54.93 million BoP, current US$ in 2010.
- How does Rwanda rank for primary income payments?
- Rwanda ranks 150th out of 200 countries with data for 2024.
- Is primary income payments rising or falling in Rwanda?
- Over the last ten years it is up 78.9%. The long-run trend across the full record is rising.
- 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.