Rwanda Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Rwanda's current account balance was -13.80% in 2025, ranked 171st globally. This represents a 8.8% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Rwanda's current account balance stood at -13.80% in 2025, a decline of +1.12% from 2024. The IMF projects -13.80% by 2025. Rwanda ranked 171st globally.
Rwanda's current account balance has fluctuated significantly over the past 46 years, reflecting the country's economic development and trade dynamics. The balance has experienced a notable decline, with the latest value standing at -13.80, ranking Rwanda 171 globally. The all-time peak of 6.99 in 1994, following the country's post-conflict recovery, was a rare instance of Rwanda's current account balance approaching positive territory. Conversely, the all-time trough of -15.31 in 2016 highlighted a period of economic strain. Compared to its peers, Rwanda's current account balance is relatively close to that of Liberia, which ranked -13.14. The current account deficit remains a persistent challenge for Rwanda's economy, largely driven by its reliance on imports and a relatively underdeveloped export sector. To alter the current trajectory, Rwanda would need to diversify its exports and reduce its reliance on imports, potentially through targeted trade agreements or investments in key sectors.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -7.59% | - | - |
| 2029* IMF | -8.80% | - | - |
| 2028* IMF | -9.87% | - | - |
| 2027* IMF | -13.40% | - | - |
| 2026* IMF | -15.86% | - | - |
| 2025* IMF | -13.80% | - | - |
| 2025 | -13.80% | −1.12% | #171 |
| 2024 | -12.68% | −1.19% | #20 |
| 2023 | -11.49% | −2.13% | #21 |
| 2022 | -9.37% | +1.54% | #38 |
| 2021 | -10.92% | +1.15% | #29 |
| 2020 | -12.06% | −0.17% | #29 |
| 2019 | -11.89% | −1.78% | #21 |
| 2018 | -10.11% | −0.65% | #28 |
| 2017 | -9.46% | +5.85% | #31 |
| 2016 | -15.31% | −2.63% | #15 |
| 2015 | -12.68% | −1.34% | #27 |
| 2014 | -11.34% | −3.86% | #27 |
| 2013 | -7.48% | +2.20% | #55 |
| 2012 | -9.68% | −2.75% | #42 |
| 2011 | -6.93% | −0.41% | #63 |
Detected Pattern
Analysis
Rwanda matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
Rwanda's current account balance was -13.80% in 2025. Ranked 171st globally. This represents a 8.8% decrease from the previous year.
Rwanda's current account balance peaked at 6.99% in 1994.
The lowest current account balance in Rwanda was -15.31% in 2016.
Rwanda ranks 171st globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Rwanda's current account balance is projected to reach -13.80% by 2025 based on IMF projection.
The current account balance of Rwanda in 2025 was -13.80%. This ranks 171st in the world.
Cite this page
@misc{historysaid_rwanda_current-account,
title = {Rwanda Current Account Balance},
url = {https://historysaid.com/rwanda/current-account/},
publisher = {HistorySaid},
year = {2026}
}