Goods and services expense in Rwanda
Rwanda: Goods and services expense was 859.31 billion current LCU in 2023. ◆ Volatile
Goods and services expense in Rwanda, 1973–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for goods and services expense in Rwanda is 859.31 billion current LCU, measured in 2023. That is the highest value across all 22 years on record.
The figure is up 21.0% on the previous year and up 169.4% over ten years.
Over the whole period, goods and services expense in Rwanda peaked at 859.31 billion current LCU in 2023 and was at its lowest, 868.00 million current LCU, in 1973.
Rwanda ranks 33rd of 155 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.92 billion current LCU | 868.00 million current LCU | 3.06 billion current LCU | 7 |
| 1980s | 4.71 billion current LCU | 4.27 billion current LCU | 5.16 billion current LCU | 2 |
| 1990s | 14.56 billion current LCU | 9.54 billion current LCU | 21.05 billion current LCU | 3 |
| 2010s | 419.98 billion current LCU | 304.87 billion current LCU | 536.02 billion current LCU | 6 |
| 2020s | 719.38 billion current LCU | 622.39 billion current LCU | 859.31 billion current LCU | 4 |
Countries ranked near Rwanda
More public sector data for Rwanda
- Arms imports 37.00 million SIPRI trend indicator values (2023)
- Tax revenue 13.1% (2023)
- Taxes on income, profits and capital gains 25.5% (2023)
- Taxes on goods and services 25.9% (2023)
- Net investment in nonfinancial assets 9.0% (2023)
- Net lending (+) / net borrowing (-) -4.0% (2023)
- Interest payments 7.7% (2023)
- Grants and other revenue 34.4% (2023)
- Interest payments 9.8% (2023)
- Other taxes 0.0% (2023)
Frequently asked questions
- What is goods and services expense in Rwanda?
- Goods and services expense in Rwanda was 859.31 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Rwanda?
- The highest recorded value was 859.31 billion current LCU in 2023.
- What is the lowest goods and services expense recorded in Rwanda?
- The lowest recorded value was 868.00 million current LCU in 1973.
- How does Rwanda rank for goods and services expense?
- Rwanda ranks 33rd out of 155 countries with data for 2023.
- Is goods and services expense rising or falling in Rwanda?
- Over the last ten years it is up 169.4%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.