Interest payments in Rwanda
Rwanda: Interest payments was 303.91 billion current LCU in 2023. ◆ Volatile
Interest payments in Rwanda, 1973–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, interest payments in Rwanda stood at 303.91 billion current LCU. That is the highest value across all 22 years on record.
The figure is up 37.9% on the previous year and up 598.6% over ten years.
Over the whole period, interest payments in Rwanda peaked at 303.91 billion current LCU in 2023 and was at its lowest, 64.00 million current LCU, in 1973.
That places Rwanda 40th out of 155 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Rwanda, year by year
| Year | current LCU | Change |
|---|---|---|
| 1973 | 64.00 million current LCU | — |
| 1974 | 71.00 million current LCU | +10.9% |
| 1975 | 88.00 million current LCU | +23.9% |
| 1976 | 91.00 million current LCU | +3.4% |
| 1977 | 65.00 million current LCU | -28.6% |
| 1978 | 94.00 million current LCU | +44.6% |
| 1979 | 240.00 million current LCU | +155.3% |
| 1980 | 325.00 million current LCU | +35.4% |
| 1989 | 2.03 billion current LCU | +524.6% |
| 1990 | 2.13 billion current LCU | +5.0% |
| 1991 | 4.29 billion current LCU | +101.4% |
| 1992 | 4.80 billion current LCU | +11.8% |
| 2014 | 43.50 billion current LCU | +806.2% |
| 2015 | 45.87 billion current LCU | +5.5% |
| 2016 | 57.00 billion current LCU | +24.3% |
| 2017 | 72.19 billion current LCU | +26.7% |
| 2018 | 91.97 billion current LCU | +27.4% |
| 2019 | 102.83 billion current LCU | +11.8% |
| 2020 | 139.44 billion current LCU | +35.6% |
| 2021 | 180.99 billion current LCU | +29.8% |
| 2022 | 220.36 billion current LCU | +21.8% |
| 2023 | 303.91 billion current LCU | +37.9% |
Rwanda compared with similar countries
- Rwanda's 303.91 billion current LCU is above the median for low income countries, which is 94.46 billion current LCU, 3.2× the median. (16 countries reporting)
- Rwanda's 303.91 billion current LCU is above the median for Sub-Saharan Africa, which is 106.55 billion current LCU, 2.9× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Interest payments 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 | +806.2% | 4.80 billion current LCU | 43.50 billion current LCU |
| 1989 | +524.6% | 325.00 million current LCU | 2.03 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 101.86 million current LCU | 64.00 million current LCU | 240.00 million current LCU | 7 |
| 1980s | 1.18 billion current LCU | 325.00 million current LCU | 2.03 billion current LCU | 2 |
| 1990s | 3.74 billion current LCU | 2.13 billion current LCU | 4.80 billion current LCU | 3 |
| 2010s | 68.89 billion current LCU | 43.50 billion current LCU | 102.83 billion current LCU | 6 |
| 2020s | 211.17 billion current LCU | 139.44 billion current LCU | 303.91 billion current LCU | 4 |
Countries ranked near Rwanda
More public sector data for Rwanda
- Democracy, 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)
- Elected parliament, 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)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Rwanda?
- Interest payments in Rwanda was 303.91 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Rwanda?
- The highest recorded value was 303.91 billion current LCU in 2023.
- What is the lowest interest payments recorded in Rwanda?
- The lowest recorded value was 64.00 million current LCU in 1973.
- How does Rwanda rank for interest payments?
- Rwanda ranks 40th out of 155 countries with data for 2023.
- Is interest payments rising or falling in Rwanda?
- Over the last ten years it is up 598.6%. 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 Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.