Current account balance in Rwanda

Rwanda: Current account balance was -1.81 billion BoP, current US$ in 2024. ▼ Falling

Latest (2024)
-1.81 billion BoP, current US$
Change on year
down 9.7%
World rank
145th
of 199 countries
All-time high
-399.14 million BoP, current US$
in 2010
All-time low
-1.81 billion BoP, current US$
in 2024
Years of data
15
2010–2024

Current account balance in Rwanda, 2010–2024

-2.0B-1.5B-1.0B-500.0M2010201720242010: -399.1M BoP, current US$2011: -477.0M BoP, current US$2012: -741.0M BoP, current US$2013: -585.1M BoP, current US$2014: -934.6M BoP, current US$2015: -1.1B BoP, current US$2016: -1.3B BoP, current US$2017: -875.4M BoP, current US$2018: -974.8M BoP, current US$2019: -1.2B BoP, current US$2020: -1.2B BoP, current US$2021: -1.2B BoP, current US$2022: -1.2B BoP, current US$2023: -1.6B BoP, current US$2024: -1.8B BoP, current US$

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.

Analysis

Rwanda recorded -1.81 billion BoP, current US$ for current account balance in 2024. That is the lowest value across all 15 years on record.

The figure is down 9.7% on the previous year and down 93.4% over ten years.

Over the whole period, current account balance in Rwanda peaked at -399.14 million BoP, current US$ in 2010 and was at its lowest, -1.81 billion BoP, current US$, in 2024.

That places Rwanda 145th 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.

Averages by decade

DecadeAverage LowestHighest Years
2010s -863.24 million BoP, current US$ -1.33 billion BoP, current US$ -399.14 million BoP, current US$ 10
2020s -1.43 billion BoP, current US$ -1.81 billion BoP, current US$ -1.21 billion BoP, current US$ 5

Countries ranked near Rwanda

  1. 142 Latvia -1.64 billion BoP, current US$ compare
  2. 143 Cameroon -1.75 billion BoP, current US$ compare
  3. 144 South Africa -1.81 billion BoP, current US$ compare
  4. 146 Belarus -1.82 billion BoP, current US$ compare
  5. 147 Namibia -1.83 billion BoP, current US$ compare
  6. 148 Cambodia -1.87 billion BoP, current US$ compare

See the full ranking of 200 places →

More economy & growth data for Rwanda

All data for Rwanda →

Frequently asked questions

What is current account balance in Rwanda?
Current account balance in Rwanda was -1.81 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest current account balance recorded in Rwanda?
The highest recorded value was -399.14 million BoP, current US$ in 2010.
What is the lowest current account balance recorded in Rwanda?
The lowest recorded value was -1.81 billion BoP, current US$ in 2024.
How does Rwanda rank for current account balance?
Rwanda ranks 145th out of 199 countries with data for 2024.
Is current account balance rising or falling in Rwanda?
Over the last ten years it is down 93.4%. 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 Current account balance (BoP, current US$). 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

Indicator
Current account balance (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,806 data points, 1960–2025
Last refreshed

Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.