Goods and services expense (current LCU) in Rwanda
Rwanda: Goods and services expense (current LCU) was 926.92 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Rwanda, 1973–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for goods and services expense in Rwanda is 926.92 billion current LCU, measured in 2024. That is the highest value across all 23 years on record.
The figure is up 7.9% on the previous year and up 190.6% over ten years.
Over the whole period, goods and services expense in Rwanda peaked at 926.92 billion current LCU in 2024 and was at its lowest, 868.00 million current LCU, in 1973.
Rwanda ranks 32nd of 155 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense (current LCU) in Rwanda, year by year
| Year | current LCU | Change |
|---|---|---|
| 1973 | 868.00 million current LCU | — |
| 1974 | 1.10 billion current LCU | +27.2% |
| 1975 | 1.36 billion current LCU | +23.5% |
| 1976 | 1.76 billion current LCU | +29.1% |
| 1977 | 2.56 billion current LCU | +45.6% |
| 1978 | 2.74 billion current LCU | +7.1% |
| 1979 | 3.06 billion current LCU | +11.7% |
| 1980 | 4.27 billion current LCU | +39.2% |
| 1989 | 5.16 billion current LCU | +20.9% |
| 1990 | 9.54 billion current LCU | +84.9% |
| 1991 | 13.09 billion current LCU | +37.3% |
| 1992 | 21.05 billion current LCU | +60.8% |
| 2014 | 318.97 billion current LCU | +1415.4% |
| 2015 | 304.87 billion current LCU | -4.4% |
| 2016 | 386.65 billion current LCU | +26.8% |
| 2017 | 482.21 billion current LCU | +24.7% |
| 2018 | 491.13 billion current LCU | +1.8% |
| 2019 | 536.02 billion current LCU | +9.1% |
| 2020 | 622.39 billion current LCU | +16.1% |
| 2021 | 685.54 billion current LCU | +10.1% |
| 2022 | 710.27 billion current LCU | +3.6% |
| 2023 | 859.31 billion current LCU | +21.0% |
| 2024 | 926.92 billion current LCU | +7.9% |
Rwanda compared with similar countries
- Rwanda's 926.92 billion current LCU is above the median for low income countries, which is 238.88 billion current LCU, 3.9× the median. (16 countries reporting)
- Rwanda's 926.92 billion current LCU is above the median for Sub-Saharan Africa, which is 189.83 billion current LCU, 4.9× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense (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.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +1415.4% | 21.05 billion current LCU | 318.97 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.92 billion current LCU | 868.00 million current LCU | 3.06 billion current LCU | 7 |
| 1980s | 4.71 billion current LCU | 4.27 billion current LCU | 5.16 billion current LCU | 2 |
| 1990s | 14.56 billion current LCU | 9.54 billion current LCU | 21.05 billion current LCU | 3 |
| 2010s | 419.98 billion current LCU | 304.87 billion current LCU | 536.02 billion current LCU | 6 |
| 2020s | 760.89 billion current LCU | 622.39 billion current LCU | 926.92 billion current LCU | 5 |
Countries ranked near Rwanda
More public sector data for Rwanda
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 37.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 2.65 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0025 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate 117.65 % change on previous year (2023)
Frequently asked questions
- What is goods and services expense in Rwanda?
- Goods and services expense in Rwanda was 926.92 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Rwanda?
- The highest recorded value was 926.92 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Rwanda?
- The lowest recorded value was 868.00 million current LCU in 1973.
- How does Rwanda rank for goods and services expense?
- Rwanda ranks 32nd out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Rwanda?
- Over the last ten years it is up 190.6%. 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 Goods and services expense (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).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.