Subsidies and other transfers in Rwanda
Rwanda: Subsidies and other transfers was 1.36 trillion current LCU in 2023. ◆ Volatile
Subsidies and other transfers in Rwanda, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Rwanda recorded 1.36 trillion current LCU for subsidies and other transfers in 2023. That is the highest value across all 13 years on record.
That represents a change of up 12.4% on the previous year and up 276.7% over ten years.
Over the whole period, subsidies and other transfers in Rwanda peaked at 1.36 trillion current LCU in 2023 and was at its lowest, 1.02 billion current LCU, in 1991.
Rwanda ranks 36th of 153 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 |
|---|---|---|---|---|
| 1990s | 2.36 billion current LCU | 1.02 billion current LCU | 4.19 billion current LCU | 3 |
| 2010s | 485.92 billion current LCU | 360.82 billion current LCU | 676.02 billion current LCU | 6 |
| 2020s | 1.07 trillion current LCU | 832.24 billion current LCU | 1.36 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 subsidies and other transfers in Rwanda?
- Subsidies and other transfers in Rwanda was 1.36 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Rwanda?
- The highest recorded value was 1.36 trillion current LCU in 2023.
- What is the lowest subsidies and other transfers recorded in Rwanda?
- The lowest recorded value was 1.02 billion current LCU in 1991.
- How does Rwanda rank for subsidies and other transfers?
- Rwanda ranks 36th out of 153 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Rwanda?
- Over the last ten years it is up 276.7%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.