Short-term debt in Rwanda
Rwanda: Short-term debt was 20.8% in 2024. ◆ Volatile
Short-term debt in Rwanda, 1976–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
The most recent figure for short-term debt in Rwanda is 20.8%, measured in 2024.
Compared with earlier readings it is down 13.9% on the previous year and up 687.3% over ten years.
Over the whole period, short-term debt in Rwanda peaked at 125.1% in 1993 and was at its lowest, 0.0%, in 1976.
Rwanda ranks 62nd of 111 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.
Short-term debt in Rwanda, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1976 | 0.0% | — |
| 1977 | 10.7% | +130788.1% |
| 1978 | 17.9% | +67.2% |
| 1979 | 12.7% | -28.9% |
| 1980 | 13.3% | +4.3% |
| 1981 | 11.9% | -10.1% |
| 1982 | 17.6% | +47.8% |
| 1983 | 14.4% | -18.5% |
| 1984 | 34.8% | +141.8% |
| 1985 | 23.8% | -31.4% |
| 1986 | 16.6% | -30.1% |
| 1987 | 23.8% | +42.8% |
| 1988 | 34.9% | +47.0% |
| 1989 | 64.4% | +84.3% |
| 1990 | 105.9% | +64.5% |
| 1991 | 45.6% | -56.9% |
| 1992 | 70.1% | +53.6% |
| 1993 | 125.1% | +78.4% |
| 1994 | 65.4% | -47.7% |
| 1995 | 32.5% | -50.4% |
| 1996 | 32.3% | -0.6% |
| 1997 | 50.1% | +55.3% |
| 1998 | 29.3% | -41.5% |
| 1999 | 30.9% | +5.4% |
| 2000 | 20.1% | -34.9% |
| 2001 | 16.3% | -18.9% |
| 2002 | 18.0% | +10.2% |
| 2003 | 12.6% | -29.8% |
| 2004 | 4.9% | -61.4% |
| 2005 | 6.0% | +22.8% |
| 2006 | 5.0% | -16.1% |
| 2007 | 3.0% | -40.1% |
| 2008 | 0.9% | -70.9% |
| 2009 | 1.0% | +15.1% |
| 2010 | 1.8% | +74.3% |
| 2011 | 15.6% | +791.3% |
| 2012 | 18.1% | +16.1% |
| 2013 | 1.7% | -90.7% |
| 2014 | 2.6% | +56.0% |
| 2015 | 1.2% | -53.6% |
| 2016 | 22.4% | +1720.8% |
| 2017 | 26.0% | +16.3% |
| 2018 | 26.2% | +0.6% |
| 2019 | 23.4% | -10.3% |
| 2020 | 22.0% | -6.2% |
| 2021 | 22.1% | +0.7% |
| 2022 | 21.8% | -1.5% |
| 2023 | 24.2% | +10.8% |
| 2024 | 20.8% | -13.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.3% | 0.0% | 17.9% | 4 |
| 1980s | 25.6% | 11.9% | 64.4% | 10 |
| 1990s | 58.7% | 29.3% | 125.1% | 10 |
| 2000s | 8.8% | 0.9% | 20.1% | 10 |
| 2010s | 13.9% | 1.2% | 26.2% | 10 |
| 2020s | 22.2% | 20.8% | 24.2% | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.91 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9468 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,064 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 16.95 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,352 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.52 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 8.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9083 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is short-term debt in Rwanda?
- Short-term debt in Rwanda was 20.8% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Rwanda?
- The highest recorded value was 125.1% in 1993.
- What is the lowest short-term debt recorded in Rwanda?
- The lowest recorded value was 0.0% in 1976.
- How does Rwanda rank for short-term debt?
- Rwanda ranks 62nd out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Rwanda?
- Over the last ten years it is up 687.3%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.