Rwanda Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Rwanda's interest payments to revenue was 8.90% in 2025, ranked 42nd globally. This represents a 15.8% increase from 2024. Data from World Bank, covering 1973–2025.
Overview
Rwanda's interest payments to revenue stood at 8.90% in 2025, a rise of +1.22pp from 2023. Based on recent trends, this figure is projected to reach 8.90% by 2025. Rwanda ranked 42nd globally.
Rwanda's interest payments as a percentage of revenue have fluctuated significantly over the past 23 years. The country's all-time peak of 12.15% in 1992 reflects the substantial debt burden accumulated during the tumultuous period following the 1994 genocide. Conversely, the low of 0.75% in 1977, during the country's early years of independence, indicates a relatively stable financial situation. As of 2025, Rwanda's interest payments to revenue stand at 8.90%, ranking 42nd globally. This value is higher than that of Canada, which ranks 14th with an 8.69% ratio. The relatively high interest payments to revenue in Rwanda suggest a pressing need to address the country's debt burden, particularly in comparison to peer countries like Kazakhstan, which has a lower 9.17% ratio. A sustained economic growth and prudent fiscal management will likely be crucial in reducing the interest payments to revenue in Rwanda and potentially shifting the trajectory of this indicator in the coming years.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 9.62% | - | - |
| 2025* trend | 8.90% | - | - |
| 2025 | 8.90% | +1.22pp | #42 |
| 2023 | 7.68% | +1.47pp | #57 |
| 2022 | 6.21% | +0.01pp | #64 |
| 2021 | 6.20% | +0.67pp | #69 |
| 2020 | 5.52% | +1.12pp | #64 |
| 2019 | 4.41% | −0.05pp | #58 |
| 2018 | 4.46% | +0.58pp | #56 |
| 2017 | 3.88% | +0.63pp | #46 |
| 2016 | 3.25% | +0.37pp | #39 |
| 2015 | 2.88% | +0.01pp | #38 |
| 2014 | 2.87% | −9.28pp | #39 |
| 1992 | 12.15% | +1.35pp | #47 |
| 1991 | 10.80% | +3.46pp | #40 |
| 1990 | 7.34% | +0.85pp | #22 |
| 1989 | 6.49% | +4.14pp | #14 |
Detected Pattern
Analysis
Rwanda matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Rwanda's interest payments to revenue was 8.90% in 2025. Ranked 42nd globally. This represents a 15.8% increase from the previous year.
Rwanda's interest payments to revenue peaked at 12.15% in 1992.
The lowest interest payments to revenue in Rwanda was 0.75% in 1977.
Rwanda ranks 42nd globally in interest payments to revenue as of 2025.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
Rwanda's interest payments to revenue is projected to reach 8.90% by 2025 based on trend extrapolation.
The interest payments to revenue of Rwanda in 2025 was 8.90%. This ranks 42nd in the world.
Cite this page
@misc{historysaid_rwanda_interest-to-revenue,
title = {Rwanda Interest Payments to Revenue},
url = {https://historysaid.com/rwanda/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}