Interest payments in Rwanda
Rwanda: Interest payments was 7.7% in 2023. ◆ Volatile
Interest payments in Rwanda, 1973–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for interest payments in Rwanda is 7.7%, measured in 2023.
Compared with earlier readings it is up 23.7% on the previous year and up 167.7% over ten years.
Over the whole period, interest payments in Rwanda peaked at 12.1% in 1992 and was at its lowest, 0.7%, in 1977.
Rwanda ranks 69th of 155 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.
Interest payments in Rwanda, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1973 | 2.6% | — |
| 1974 | 2.1% | -20.3% |
| 1975 | 1.8% | -16.7% |
| 1976 | 1.3% | -23.2% |
| 1977 | 0.7% | -44.6% |
| 1978 | 1.0% | +37.1% |
| 1979 | 1.9% | +87.8% |
| 1980 | 2.4% | +22.4% |
| 1989 | 6.5% | +175.7% |
| 1990 | 7.3% | +13.2% |
| 1991 | 10.8% | +47.1% |
| 1992 | 12.1% | +12.5% |
| 2014 | 2.9% | -76.4% |
| 2015 | 2.9% | +0.3% |
| 2016 | 3.2% | +12.9% |
| 2017 | 3.9% | +19.5% |
| 2018 | 4.5% | +14.9% |
| 2019 | 4.4% | -1.1% |
| 2020 | 5.5% | +25.3% |
| 2021 | 6.2% | +12.2% |
| 2022 | 6.2% | +0.2% |
| 2023 | 7.7% | +23.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.7% | 0.7% | 2.6% | 7 |
| 1980s | 4.4% | 2.4% | 6.5% | 2 |
| 1990s | 10.1% | 7.3% | 12.1% | 3 |
| 2010s | 3.6% | 2.9% | 4.5% | 6 |
| 2020s | 6.4% | 5.5% | 7.7% | 4 |
Countries ranked near Rwanda
More public sector data for Rwanda
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 37.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 12.34 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0116 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -1.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 175.92 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,500 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Rwanda?
- Interest payments in Rwanda was 7.7% 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 12.1% in 1992.
- What is the lowest interest payments recorded in Rwanda?
- The lowest recorded value was 0.7% in 1977.
- How does Rwanda rank for interest payments?
- Rwanda ranks 69th out of 155 countries with data for 2023.
- Is interest payments rising or falling in Rwanda?
- Over the last ten years it is up 167.7%. 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 Interest payments (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.