Interest payments in Rwanda
Rwanda: Interest payments was 9.8% in 2023. ▼ Falling
Interest payments in Rwanda, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, interest payments in Rwanda stood at 9.8%.
Compared with earlier readings it is up 19.9% on the previous year and up 121.6% over ten years.
Over the whole period, interest payments in Rwanda peaked at 14.4% in 1991 and was at its lowest, 4.4%, in 2015.
Rwanda ranks 54th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.4% | 7.9% | 14.4% | 3 |
| 2010s | 5.0% | 4.4% | 5.9% | 6 |
| 2020s | 8.2% | 6.7% | 9.8% | 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)
- Other taxes 0.0% (2023)
- Compensation of employees 14.3% (2023)
Frequently asked questions
- What is interest payments in Rwanda?
- Interest payments in Rwanda was 9.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Rwanda?
- The highest recorded value was 14.4% in 1991.
- What is the lowest interest payments recorded in Rwanda?
- The lowest recorded value was 4.4% in 2015.
- How does Rwanda rank for interest payments?
- Rwanda ranks 54th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Rwanda?
- Over the last ten years it is up 121.6%. The long-run trend across the full record is falling.
- 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 Interest payments (% of expense). Statizoid updates them automatically from the source API.
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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.