Trade in services in Rwanda
Rwanda: Trade in services was 13.7% in 2024. ▼ Falling
Trade in services in Rwanda, 2010–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for trade in services in Rwanda is 13.7%, measured in 2024.
Compared with earlier readings it is up 2.1% on the previous year and down 12.0% over ten years.
Over the whole period, trade in services in Rwanda peaked at 21.2% in 2016 and was at its lowest, 9.9%, in 2020.
That places Rwanda 137th out of 199 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Trade in services in Rwanda, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 15.9% | — |
| 2011 | 16.1% | +1.2% |
| 2012 | 13.8% | -14.8% |
| 2013 | 15.5% | +12.7% |
| 2014 | 15.6% | +0.6% |
| 2015 | 21.2% | +35.7% |
| 2016 | 21.2% | +0.4% |
| 2017 | 20.9% | -1.4% |
| 2018 | 20.4% | -2.5% |
| 2019 | 19.5% | -4.7% |
| 2020 | 9.9% | -49.0% |
| 2021 | 11.3% | +14.3% |
| 2022 | 12.8% | +12.6% |
| 2023 | 13.4% | +5.1% |
| 2024 | 13.7% | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.0% | 13.8% | 21.2% | 10 |
| 2020s | 12.2% | 9.9% | 13.7% | 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)
- Industry (including construction), value added (constant 2015 US$) 11.15 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1982 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 222.69 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 11.15 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 298.43 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 335,357 constant LCU per person (2025)
- 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)
Frequently asked questions
- What is trade in services in Rwanda?
- Trade in services in Rwanda was 13.7% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Rwanda?
- The highest recorded value was 21.2% in 2016.
- What is the lowest trade in services recorded in Rwanda?
- The lowest recorded value was 9.9% in 2020.
- How does Rwanda rank for trade in services?
- Rwanda ranks 137th out of 199 countries with data for 2024.
- Is trade in services rising or falling in Rwanda?
- Over the last ten years it is down 12.0%. The long-run trend across the full record is falling.
- 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 Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.