Net incurrence of liabilities, total in Rwanda
Rwanda: Net incurrence of liabilities, total was 957.05 billion current LCU in 2023. ◆ Volatile
Net incurrence of liabilities, total in Rwanda, 1973–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, net incurrence of liabilities, total in Rwanda stood at 957.05 billion current LCU.
That represents a change of down 27.3% on the previous year and up 620.4% over ten years.
Over the whole period, net incurrence of liabilities, total in Rwanda peaked at 1.32 trillion current LCU in 2022 and was at its lowest, 623.00 million current LCU, in 1974.
That places Rwanda 31st out of 136 countries with data for 2023, putting it 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 | 1.29 billion current LCU | 623.00 million current LCU | 2.18 billion current LCU | 7 |
| 1980s | 5.04 billion current LCU | 4.00 billion current LCU | 6.08 billion current LCU | 2 |
| 2010s | 362.02 billion current LCU | 132.84 billion current LCU | 589.83 billion current LCU | 6 |
| 2020s | 1.12 trillion current LCU | 926.42 billion current LCU | 1.32 trillion 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 net incurrence of liabilities, total in Rwanda?
- Net incurrence of liabilities, total in Rwanda was 957.05 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Rwanda?
- The highest recorded value was 1.32 trillion current LCU in 2022.
- What is the lowest net incurrence of liabilities, total recorded in Rwanda?
- The lowest recorded value was 623.00 million current LCU in 1974.
- How does Rwanda rank for net incurrence of liabilities, total?
- Rwanda ranks 31st out of 136 countries with data for 2023.
- Is net incurrence of liabilities, total rising or falling in Rwanda?
- Over the last ten years it is up 620.4%. 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.