Compensation of employees (current LCU) in Rwanda

Rwanda: Compensation of employees (current LCU) was 548.67 billion current LCU in 2024. ◆ Volatile

Latest (2024)
548.67 billion current LCU
Change on year
up 24.2%
World rank
43rd
of 156 countries
All-time high
548.67 billion current LCU
in 2024
All-time low
1.54 billion current LCU
in 1973
Years of data
23
1973–2024

Compensation of employees in Rwanda, 1973–2024

0200.0B400.0B600.0B1973199820241973: 1.5B current LCU1974: 2.0B current LCU1975: 2.3B current LCU1976: 2.6B current LCU1977: 3.0B current LCU1978: 3.3B current LCU1979: 4.0B current LCU1980: 4.6B current LCU1989: 11.1B current LCU1990: 11.8B current LCU1991: 13.4B current LCU1992: 14.5B current LCU2014: 217.0B current LCU2015: 240.7B current LCU2016: 272.9B current LCU2017: 295.8B current LCU2018: 309.6B current LCU2019: 309.4B current LCU2020: 338.7B current LCU2021: 372.5B current LCU2022: 388.3B current LCU2023: 441.9B current LCU2024: 548.7B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

In 2024, compensation of employees in Rwanda stood at 548.67 billion current LCU. That is the highest value across all 23 years on record.

Compared with earlier readings it is up 24.2% on the previous year and up 152.8% over ten years.

Over the whole period, compensation of employees in Rwanda peaked at 548.67 billion current LCU in 2024 and was at its lowest, 1.54 billion current LCU, in 1973.

Rwanda ranks 43rd of 156 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Compensation of employees (current LCU) in Rwanda, year by year

Annual values for Compensation of employees (current LCU) in Rwanda, 1973 to 2024.
Year current LCU Change
1973 1.54 billion current LCU —
1974 1.97 billion current LCU +27.7%
1975 2.34 billion current LCU +19.2%
1976 2.65 billion current LCU +13.1%
1977 3.01 billion current LCU +13.5%
1978 3.29 billion current LCU +9.2%
1979 4.01 billion current LCU +22.2%
1980 4.65 billion current LCU +15.8%
1989 11.09 billion current LCU +138.5%
1990 11.77 billion current LCU +6.2%
1991 13.39 billion current LCU +13.7%
1992 14.54 billion current LCU +8.6%
2014 217.01 billion current LCU +1392.0%
2015 240.68 billion current LCU +10.9%
2016 272.92 billion current LCU +13.4%
2017 295.82 billion current LCU +8.4%
2018 309.56 billion current LCU +4.6%
2019 309.42 billion current LCU -0.0%
2020 338.71 billion current LCU +9.5%
2021 372.48 billion current LCU +10.0%
2022 388.25 billion current LCU +4.2%
2023 441.90 billion current LCU +13.8%
2024 548.67 billion current LCU +24.2%

Rwanda compared with similar countries

  • Rwanda's 548.67 billion current LCU is above the median for low income countries, which is 514.83 billion current LCU, 1.1× the median. (16 countries reporting)
  • Rwanda's 548.67 billion current LCU is above the median for Sub-Saharan Africa, which is 317.20 billion current LCU, 1.7× the median. (36 countries reporting)

Biggest year-on-year movements

Years where Compensation of employees (current LCU) in Rwanda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2014 +1392.0% 14.54 billion current LCU 217.01 billion current LCU
1989 +138.5% 4.65 billion current LCU 11.09 billion current LCU

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.69 billion current LCU 1.54 billion current LCU 4.01 billion current LCU 7
1980s 7.87 billion current LCU 4.65 billion current LCU 11.09 billion current LCU 2
1990s 13.24 billion current LCU 11.77 billion current LCU 14.54 billion current LCU 3
2010s 274.23 billion current LCU 217.01 billion current LCU 309.56 billion current LCU 6
2020s 418.00 billion current LCU 338.71 billion current LCU 548.67 billion current LCU 5

Countries ranked near Rwanda

  1. 40 Bangladesh 596.99 billion current LCU compare
  2. 41 United States 590.32 billion current LCU compare
  3. 42 Saudi Arabia 562.26 billion current LCU compare
  4. 44 Burundi 480.99 billion current LCU compare
  5. 45 Dominican Republic 453.52 billion current LCU compare
  6. 46 Serbia 443.02 billion current LCU compare

See the full ranking of 156 places →

More public sector data for Rwanda

All data for Rwanda →

Frequently asked questions

What is compensation of employees in Rwanda?
Compensation of employees in Rwanda was 548.67 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest compensation of employees recorded in Rwanda?
The highest recorded value was 548.67 billion current LCU in 2024.
What is the lowest compensation of employees recorded in Rwanda?
The lowest recorded value was 1.54 billion current LCU in 1973.
How does Rwanda rank for compensation of employees?
Rwanda ranks 43rd out of 156 countries with data for 2024.
Is compensation of employees rising or falling in Rwanda?
Over the last ten years it is up 152.8%. 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 Compensation of employees (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Compensation of employees in Rwanda. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 08 November 2026, from https://public-sector.statizoid.com/stat/compensation-of-employees-current-lcu/rwanda/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://public-sector.statizoid.com/stat/compensation-of-employees-current-lcu/rwanda/">Compensation of employees in Rwanda</a> — Statizoid

About this data

Indicator
Compensation of employees (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,500 data points, 1972–2024
Last refreshed

Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. 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.