Tax revenue in Rwanda
Rwanda: Tax revenue was 2.25 trillion current LCU in 2023. ◆ Volatile
Tax revenue in Rwanda, 1973–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, tax revenue in Rwanda stood at 2.25 trillion current LCU. That is the highest value across all 22 years on record.
That represents a change of up 19.7% on the previous year and up 208.5% over ten years.
Over the whole period, tax revenue in Rwanda peaked at 2.25 trillion current LCU in 2023 and was at its lowest, 2.11 billion current LCU, in 1973.
Rwanda ranks 40th of 157 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 | 6.01 billion current LCU | 2.11 billion current LCU | 11.25 billion current LCU | 7 |
| 1980s | 16.09 billion current LCU | 11.30 billion current LCU | 20.87 billion current LCU | 2 |
| 1990s | 21.83 billion current LCU | 18.75 billion current LCU | 24.59 billion current LCU | 3 |
| 2010s | 1.02 trillion current LCU | 727.99 billion current LCU | 1.36 trillion current LCU | 6 |
| 2020s | 1.79 trillion current LCU | 1.45 trillion current LCU | 2.25 trillion current LCU | 4 |
Countries ranked near Rwanda
- 37 Bangladesh 2.70 trillion current LCU compare
- 38 Burkina Faso 2.62 trillion current LCU compare
- 39 Armenia 2.28 trillion current LCU compare
- 41 Kenya 2.11 trillion current LCU compare
- 42 South Africa 1.90 trillion current LCU compare
- 43 Brazil 1.82 trillion current LCU compare
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 tax revenue in Rwanda?
- Tax revenue in Rwanda was 2.25 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Rwanda?
- The highest recorded value was 2.25 trillion current LCU in 2023.
- What is the lowest tax revenue recorded in Rwanda?
- The lowest recorded value was 2.11 billion current LCU in 1973.
- How does Rwanda rank for tax revenue?
- Rwanda ranks 40th out of 157 countries with data for 2023.
- Is tax revenue rising or falling in Rwanda?
- Over the last ten years it is up 208.5%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.