Volume of remittances (in United States dollars) as a proportion of in Rwanda
Rwanda: Volume of remittances (in United States dollars) as a proportion of was 3.6% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Rwanda, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Rwanda recorded 3.6% for volume of remittances (in united states dollars) as a proportion of in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 0.4% on the previous year and up 62.8% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Rwanda peaked at 3.6% in 2024 and was at its lowest, 0.3%, in 2000.
Rwanda ranks 79th of 203 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.
Volume of remittances (in United States dollars) as a proportion of in Rwanda, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.3% | — |
| 2001 | 0.4% | +24.6% |
| 2002 | 0.4% | -8.1% |
| 2003 | 0.4% | +22.7% |
| 2004 | 0.4% | -8.2% |
| 2010 | 1.7% | +321.1% |
| 2011 | 2.5% | +45.5% |
| 2012 | 2.4% | -5.8% |
| 2013 | 2.2% | -8.7% |
| 2014 | 2.2% | +2.4% |
| 2015 | 1.9% | -16.4% |
| 2016 | 2.0% | +6.5% |
| 2017 | 2.3% | +17.3% |
| 2018 | 2.7% | +16.2% |
| 2019 | 2.5% | -6.8% |
| 2020 | 2.8% | +9.3% |
| 2021 | 3.5% | +28.3% |
| 2022 | 3.6% | +0.8% |
| 2023 | 3.6% | +1.5% |
| 2024 | 3.6% | +0.4% |
Rwanda compared with similar countries
- Rwanda's 3.6% is below the median for low income countries, which is 3.8%, 96% of the median. (18 countries reporting)
- Rwanda's 3.6% is above the median for Sub-Saharan Africa, which is 2.9%, 1.3× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of in Rwanda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +321.1% | 0.4% | 1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4% | 0.3% | 0.4% | 5 |
| 2010s | 2.2% | 1.7% | 2.7% | 10 |
| 2020s | 3.4% | 2.8% | 3.6% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 13.15 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.9225 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 572.93 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 25.19 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0379 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.19 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -18.44 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Rwanda?
- Volume of remittances (in united states dollars) as a proportion of in Rwanda was 3.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Rwanda?
- The highest recorded value was 3.6% in 2024.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Rwanda?
- The lowest recorded value was 0.3% in 2000.
- How does Rwanda rank for volume of remittances (in united states dollars) as a proportion of?
- Rwanda ranks 79th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Rwanda?
- Over the last ten years it is up 62.8%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
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