Net lending (+) / net borrowing (-) in Rwanda
Rwanda: Net lending (+) / net borrowing (-) was -4.0% in 2023. ▲ Rising
Net lending (+) / net borrowing (-) in Rwanda, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Rwanda recorded -4.0% for net lending (+) / net borrowing (-) in 2023.
That represents a change of down 5.1% on the previous year and down 124.0% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Rwanda peaked at -1.8% in 2014 and was at its lowest, -7.0%, in 2020.
Rwanda ranks 107th of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -4.8% | -5.6% | -3.3% | 3 |
| 2010s | -2.7% | -4.2% | -1.8% | 6 |
| 2020s | -5.0% | -7.0% | -3.8% | 4 |
Countries ranked near Rwanda
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)
- Interest payments 7.7% (2023)
- Grants and other revenue 34.4% (2023)
- Interest payments 9.8% (2023)
- Other taxes 0.0% (2023)
- Compensation of employees 14.3% (2023)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Rwanda?
- Net lending (+) / net borrowing (-) in Rwanda was -4.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Rwanda?
- The highest recorded value was -1.8% in 2014.
- What is the lowest net lending (+) / net borrowing (-) recorded in Rwanda?
- The lowest recorded value was -7.0% in 2020.
- How does Rwanda rank for net lending (+) / net borrowing (-)?
- Rwanda ranks 107th out of 156 countries with data for 2023.
- Is net lending (+) / net borrowing (-) rising or falling in Rwanda?
- Over the last ten years it is down 124.0%. The long-run trend across the full record is rising.
- 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 Net lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.