Service exports (BoP, current US$) in Rwanda
Rwanda: Service exports (BoP, current US$) was 1.08 billion BoP, current US$ in 2024. ▲ Rising
Service exports in Rwanda, 2010–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, service exports in Rwanda stood at 1.08 billion BoP, current US$. That is the highest value across all 15 years on record.
That represents a change of up 3.5% on the previous year and up 78.6% over ten years.
Over the whole period, service exports in Rwanda peaked at 1.08 billion BoP, current US$ in 2024 and was at its lowest, 405.45 million BoP, current US$, in 2010.
Rwanda ranks 140th of 200 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Service exports (BoP, current US$) in Rwanda, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2010 | 405.45 million BoP, current US$ | — |
| 2011 | 489.05 million BoP, current US$ | +20.6% |
| 2012 | 529.63 million BoP, current US$ | +8.3% |
| 2013 | 595.82 million BoP, current US$ | +12.5% |
| 2014 | 605.19 million BoP, current US$ | +1.6% |
| 2015 | 766.98 million BoP, current US$ | +26.7% |
| 2016 | 790.03 million BoP, current US$ | +3.0% |
| 2017 | 863.44 million BoP, current US$ | +9.3% |
| 2018 | 913.63 million BoP, current US$ | +5.8% |
| 2019 | 1.01 billion BoP, current US$ | +11.1% |
| 2020 | 521.44 million BoP, current US$ | -48.6% |
| 2021 | 576.35 million BoP, current US$ | +10.5% |
| 2022 | 883.59 million BoP, current US$ | +53.3% |
| 2023 | 1.04 billion BoP, current US$ | +18.2% |
| 2024 | 1.08 billion BoP, current US$ | +3.5% |
Rwanda compared with similar countries
- Rwanda's 1.08 billion BoP, current US$ is above the median for low income countries, which is 484.47 million BoP, current US$, 2.2× the median. (23 countries reporting)
- Rwanda's 1.08 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 514.12 million BoP, current US$, 2.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 697.42 million BoP, current US$ | 405.45 million BoP, current US$ | 1.01 billion BoP, current US$ | 10 |
| 2020s | 821.43 million BoP, current US$ | 521.44 million BoP, current US$ | 1.08 billion BoP, current US$ | 5 |
Countries ranked near Rwanda
- 137 Antigua and Barbuda 1.21 billion BoP, current US$ compare
- 138 Djibouti 1.17 billion BoP, current US$ compare
- 139 Venezuela 1.14 billion BoP, current US$ compare
- 141 Botswana 1.05 billion BoP, current US$ compare
- 142 French Polynesia 1.02 billion BoP, current US$ compare
- 143 Cape Verde 939.94 million BoP, current US$ compare
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 service exports in Rwanda?
- Service exports in Rwanda was 1.08 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Rwanda?
- The highest recorded value was 1.08 billion BoP, current US$ in 2024.
- What is the lowest service exports recorded in Rwanda?
- The lowest recorded value was 405.45 million BoP, current US$ in 2010.
- How does Rwanda rank for service exports?
- Rwanda ranks 140th out of 200 countries with data for 2024.
- Is service exports rising or falling in Rwanda?
- Over the last ten years it is up 78.6%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. 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.