Service exports (BoP, current US$), annual growth rate in Rwanda
Rwanda: Service exports (BoP, current US$), annual growth rate was 3.47 % change on previous year in 2024. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Rwanda, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Rwanda recorded 3.47 % change on previous year for service exports (bop, current us$), annual growth rate in 2024.
That represents a change of down 81.0% on the previous year and up 120.9% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Rwanda peaked at 53.31 % change on previous year in 2022 and was at its lowest, -48.62 % change on previous year, in 2020.
That places Rwanda 153rd out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Rwanda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | 20.62 % change on previous year | — |
| 2012 | 8.3 % change on previous year | -59.8% |
| 2013 | 12.5 % change on previous year | +50.6% |
| 2014 | 1.57 % change on previous year | -87.4% |
| 2015 | 26.73 % change on previous year | +1600.9% |
| 2016 | 3.01 % change on previous year | -88.8% |
| 2017 | 9.29 % change on previous year | +209.1% |
| 2018 | 5.81 % change on previous year | -37.4% |
| 2019 | 11.09 % change on previous year | +90.8% |
| 2020 | -48.62 % change on previous year | -538.4% |
| 2021 | 10.53 % change on previous year | -121.7% |
| 2022 | 53.31 % change on previous year | +406.3% |
| 2023 | 18.24 % change on previous year | -65.8% |
| 2024 | 3.47 % change on previous year | -81.0% |
Rwanda compared with similar countries
- Rwanda's 3.47 % change on previous year is below the median for low income countries, which is 8.74 % change on previous year, 40% of the median. (23 countries reporting)
- Rwanda's 3.47 % change on previous year is below the median for Sub-Saharan Africa, which is 9.24 % change on previous year, 38% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Rwanda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +1600.9% | 1.57 % change on previous year | 26.73 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.99 % change on previous year | 1.57 % change on previous year | 26.73 % change on previous year | 9 |
| 2020s | 7.38 % change on previous year | -48.62 % change on previous year | 53.31 % change on previous year | 5 |
Countries ranked near Rwanda
- 150 Belize 3.57 % change on previous year compare
- 151 Curacao 3.56 % change on previous year compare
- 152 Uruguay 3.48 % change on previous year compare
- 154 Suriname 3.32 % change on previous year compare
- 155 Honduras 3.3 % change on previous year compare
- 156 New Zealand 3.14 % change on previous year compare
More economy & growth data for Rwanda
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.1 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 7.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -18.44 % change on previous year (2025)
Frequently asked questions
- What is service exports (bop, current us$), annual growth rate in Rwanda?
- Service exports (bop, current us$), annual growth rate in Rwanda was 3.47 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Rwanda?
- The highest recorded value was 53.31 % change on previous year in 2022.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Rwanda?
- The lowest recorded value was -48.62 % change on previous year in 2020.
- How does Rwanda rank for service exports (bop, current us$), annual growth rate?
- Rwanda ranks 153rd out of 199 countries with data for 2024.
- Is service exports (bop, current us$), annual growth rate rising or falling in Rwanda?
- Over the last ten years it is up 120.9%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.