Total debt service in Rwanda
Rwanda: Total debt service was 2.9% in 2024. ◆ Volatile
Total debt service in Rwanda, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Rwanda recorded 2.9% for total debt service in 2024.
That represents a change of down 22.4% on the previous year and up 36.5% over ten years.
Over the whole period, total debt service in Rwanda peaked at 5.6% in 2021 and was at its lowest, 0.0%, in 1973.
That places Rwanda 83rd out of 121 countries with data for 2024, putting it in the middle of the range.
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 GNI | Change |
|---|---|---|
| 1970 | 0.6% | — |
| 1971 | 1.5% | +150.9% |
| 1972 | 1.1% | -29.9% |
| 1973 | 0.0% | -95.5% |
| 1974 | 0.2% | +215.9% |
| 1975 | 0.1% | -52.8% |
| 1976 | 0.5% | +625.3% |
| 1977 | 0.2% | -66.3% |
| 1978 | 0.2% | +10.7% |
| 1979 | 0.5% | +148.4% |
| 1980 | 0.6% | +23.8% |
| 1981 | 0.6% | -3.1% |
| 1982 | 0.5% | -11.9% |
| 1983 | 0.6% | +21.2% |
| 1984 | 0.8% | +27.0% |
| 1985 | 1.0% | +31.9% |
| 1986 | 1.0% | -1.8% |
| 1987 | 1.1% | +8.0% |
| 1988 | 1.0% | -14.3% |
| 1989 | 1.2% | +26.9% |
| 1990 | 0.8% | -31.6% |
| 1991 | 1.2% | +48.6% |
| 1992 | 1.1% | -14.4% |
| 1993 | 1.1% | +4.4% |
| 1994 | 0.6% | -49.3% |
| 1995 | 1.6% | +179.4% |
| 1996 | 1.3% | -17.5% |
| 1997 | 1.2% | -5.8% |
| 1998 | 1.1% | -13.0% |
| 1999 | 1.5% | +44.9% |
| 2000 | 1.8% | +16.1% |
| 2001 | 1.1% | -40.5% |
| 2002 | 1.0% | -7.7% |
| 2003 | 1.1% | +8.9% |
| 2004 | 1.1% | +7.6% |
| 2005 | 1.0% | -14.9% |
| 2006 | 0.8% | -15.1% |
| 2007 | 0.6% | -28.5% |
| 2008 | 0.9% | +59.7% |
| 2009 | 0.7% | -24.6% |
| 2010 | 0.9% | +22.0% |
| 2011 | 0.7% | -20.4% |
| 2012 | 1.1% | +66.2% |
| 2013 | 1.4% | +25.8% |
| 2014 | 2.1% | +48.1% |
| 2015 | 2.2% | +4.5% |
| 2016 | 2.7% | +19.3% |
| 2017 | 2.8% | +3.7% |
| 2018 | 2.8% | +2.5% |
| 2019 | 3.2% | +12.9% |
| 2020 | 2.8% | -13.5% |
| 2021 | 5.6% | +103.1% |
| 2022 | 2.6% | -53.9% |
| 2023 | 3.8% | +45.3% |
| 2024 | 2.9% | -22.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.0% | 1.5% | 10 |
| 1980s | 0.8% | 0.5% | 1.2% | 10 |
| 1990s | 1.1% | 0.6% | 1.6% | 10 |
| 2000s | 1.0% | 0.6% | 1.8% | 10 |
| 2010s | 2.0% | 0.7% | 3.2% | 10 |
| 2020s | 3.5% | 2.6% | 5.6% | 5 |
Countries ranked near Rwanda
- 80 Liberia 3.1% compare
- 81 Tajikistan 3.0% compare
- 82 Uganda 3.0% compare
- 84 Guyana 2.8% compare
- 85 Russian Federation 2.6% compare
- 86 Tanzania, United Republic of 2.6% 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)
- Services, value added (current US$), annual growth rate 8.62 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5233 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 588.03 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 17.72 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 747.5 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 839,992 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 8.5 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5363 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is total debt service in Rwanda?
- Total debt service in Rwanda was 2.9% 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 5.6% in 2021.
- What is the lowest total debt service recorded in Rwanda?
- The lowest recorded value was 0.0% in 1973.
- How does Rwanda rank for total debt service?
- Rwanda ranks 83rd out of 121 countries with data for 2024.
- Is total debt service rising or falling in Rwanda?
- Over the last ten years it is up 36.5%. 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 GNI). Statizoid updates them automatically from the source API.
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About this data
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.