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Total debt service in Rwanda

Rwanda: Total debt service was 8.0% in 2024. ◆ Volatile

Latest (2024)
8.0%
Change on year
down 48.0%
World rank
92nd
of 120 countries
All-time high
29.1%
in 2021
All-time low
1.0%
in 1977
Years of data
39
1976–2024

Total debt service in Rwanda, 1976–2024

01020301976200020241976: 2.8 % of exports of goods, services and primary income1977: 0.969 % of exports of goods, services and primary income1978: 1.3 % of exports of goods, services and primary income1979: 2.2 % of exports of goods, services and primary income1980: 3.9 % of exports of goods, services and primary income1981: 4.4 % of exports of goods, services and primary income1982: 4.7 % of exports of goods, services and primary income1983: 5.9 % of exports of goods, services and primary income1984: 6.9 % of exports of goods, services and primary income1985: 10.5 % of exports of goods, services and primary income1986: 8.4 % of exports of goods, services and primary income1987: 13.4 % of exports of goods, services and primary income1988: 13 % of exports of goods, services and primary income1989: 18.5 % of exports of goods, services and primary income1990: 14.3 % of exports of goods, services and primary income1991: 16.4 % of exports of goods, services and primary income1992: 20.4 % of exports of goods, services and primary income1993: 20.5 % of exports of goods, services and primary income1994: 8.3 % of exports of goods, services and primary income1995: 20.5 % of exports of goods, services and primary income1996: 19.8 % of exports of goods, services and primary income1997: 14.6 % of exports of goods, services and primary income1998: 17.1 % of exports of goods, services and primary income1999: 27.3 % of exports of goods, services and primary income2010: 7.2 % of exports of goods, services and primary income2011: 4.8 % of exports of goods, services and primary income2012: 7.5 % of exports of goods, services and primary income2013: 8.3 % of exports of goods, services and primary income2014: 12.6 % of exports of goods, services and primary income2015: 12.6 % of exports of goods, services and primary income2016: 14.6 % of exports of goods, services and primary income2017: 12.7 % of exports of goods, services and primary income2018: 12.8 % of exports of goods, services and primary income2019: 14.3 % of exports of goods, services and primary income2020: 14.6 % of exports of goods, services and primary income2021: 29.1 % of exports of goods, services and primary income2022: 11.5 % of exports of goods, services and primary income2023: 15.3 % of exports of goods, services and primary income2024: 8 % of exports of goods, services and primary income

Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.

Analysis

In 2024, total debt service in Rwanda stood at 8.0%.

The figure is down 48.0% on the previous year and down 36.7% over ten years.

Over the whole period, total debt service in Rwanda peaked at 29.1% in 2021 and was at its lowest, 1.0%, in 1977.

That places Rwanda 92nd out of 120 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.

Total debt service in Rwanda, year by year

Year % of exports of goods, services and primary income Change
1976 2.8% —
1977 1.0% -65.8%
1978 1.3% +35.5%
1979 2.2% +63.8%
1980 3.9% +79.8%
1981 4.4% +14.7%
1982 4.7% +5.0%
1983 5.9% +26.6%
1984 6.9% +17.4%
1985 10.5% +52.0%
1986 8.4% -20.1%
1987 13.4% +59.0%
1988 13.0% -2.8%
1989 18.5% +42.4%
1990 14.3% -22.9%
1991 16.4% +15.4%
1992 20.4% +24.0%
1993 20.5% +0.4%
1994 8.3% -59.5%
1995 20.5% +146.9%
1996 19.8% -3.3%
1997 14.6% -26.4%
1998 17.1% +17.5%
1999 27.3% +59.4%
2010 7.2% -73.5%
2011 4.8% -33.9%
2012 7.5% +58.0%
2013 8.3% +10.1%
2014 12.6% +51.7%
2015 12.6% +0.3%
2016 14.6% +15.2%
2017 12.7% -12.7%
2018 12.8% +0.4%
2019 14.3% +12.2%
2020 14.6% +2.1%
2021 29.1% +99.1%
2022 11.5% -60.5%
2023 15.3% +33.3%
2024 8.0% -48.0%

Rwanda compared with similar countries

  • Rwanda's 8.0% is below the median for low income countries, which is 9.3%, 86% of the median. (22 countries reporting)
  • Rwanda's 8.0% is below the median for Sub-Saharan Africa, which is 11.8%, 67% of the median. (44 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.8% 1.0% 2.8% 4
1980s 9.0% 3.9% 18.5% 10
1990s 17.9% 8.3% 27.3% 10
2010s 10.7% 4.8% 14.6% 10
2020s 15.7% 8.0% 29.1% 5

Countries ranked near Rwanda

  1. 89 Chad 8.5% compare
  2. 90 Gambia 8.1% compare
  3. 91 Albania 8.0% compare
  4. 93 Vietnam 7.7% compare
  5. 94 Eswatini 7.7% compare
  6. 95 Belize 7.7% compare

See the full ranking of 132 places →

More economy & growth data for Rwanda

All data for Rwanda →

Frequently asked questions

What is total debt service in Rwanda?
Total debt service in Rwanda was 8.0% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest total debt service recorded in Rwanda?
The highest recorded value was 29.1% in 2021.
What is the lowest total debt service recorded in Rwanda?
The lowest recorded value was 1.0% in 1977.
How does Rwanda rank for total debt service?
Rwanda ranks 92nd out of 120 countries with data for 2024.
Is total debt service rising or falling in Rwanda?
Over the last ten years it is down 36.7%. The long-run trend across the full record is volatile.
Where does this Rwanda data come from?
The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.

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Total debt service in Rwanda. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/total-debt-service-percent-of-exports-of-goods-services-and-primary-income/rwanda/

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About this data

Indicator
Total debt service (% of exports of goods, services and primary income)
Unit
% of exports of goods, services and primary income
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
132 places, 5,268 data points, 1970–2024
Last refreshed

Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.