Rwanda: External debt

* indicates monthly or quarterly data series
 Rwanda

External debt, percent of GDP

 Latest value 91.64
 Year 2024
 Measure percent
 Data availability 1990 - 2024
 Average 50.79
 Min - Max 13.07 - 91.64
 Source The World Bank
 Available for Data download
The latest value from 2024 is 91.64 percent, an increase from 79.44 percent in 2023. In comparison, the world average is 132.26 percent, based on data from 119 countries. Historically, the average for Rwanda from 1990 to 2024 is 50.79 percent. The minimum value, 13.07 percent, was reached in 2006 while the maximum of 91.64 percent was recorded in 2024. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
From   To 


 Recent values Rwanda: External debt
 2024 91.64
 2023 79.44
 2022 72.79
 2021 84.20
 2020 80.54
 2019 62.95
 2018 58.94
 2017 54.86




Definition: The total debt of public and private borrowers held by non-residents as percent of GDP. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

Other resources:

Download data from our database

All indicators for Rwanda

All indicators on the website

Article: Are trade deficits bad for the economy?

Article: Sources of economic growth

Article: Currency values and investment returns

All articles



 Related indicators Latest Reference Measure
 Terms of trade 129.90 2024 percent
 Trade openness 56.67 2025 percent
 Financial openness 1.212 2022 index points
 Exports, percent of GDP 21.55 2025 percent
 Exports, billion dollars 3.53 2025 billion U.S. dollars
 Growth of exports -15.54 2025 percent
 Imports, percent of GDP 35.12 2025 percent
 Imports, billion dollars 5.75 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.79 2024 percent
 Foreign Direct Investment, billion dollars 0.97 2025 billion U.S. dollars
 Portfolio investment inflows, equities 6.11 2024 million dollars (current)
 Current account, percent of GDP -11.96 2024 percent
 Current account, in dollars -1.81 2024 billion U.S. dollars
 Trade balance, percent of GDP -13.56 2025 percent
 Trade balance, in dollars -2.25 2024 billion U.S. dollars
 Reserves 1.96 2025 billion U.S. dollars
 Remittances, percent of GDP 3.42 2024 percent
 Remittances 517.04 2024 million U.S. dollars
 Net errors and omissions 178.66 2024 million USD
 External debt 91.64 2024 percent
 Short-term external debt 3.83 2024 percent
 Short-term debt to reserves 20.81 2024 percent
This site uses cookies.
Learn more here


OK