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Rwanda Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Rwanda's remittances received was $616.3M in 2025, ranked 110th globally. This represents a 19.2% increase from 2024. Data from World Bank, covering 1976–2025.

$616.3M +$99.3M (+19.2%)
Year 2025 Rank #110 Global Peak $616.3M (2025) Source World Bank

Rwanda Remittances Received (1976–2025)

Overview

Rwanda's remittances received stood at $616.3M in 2025, a rise of +$99.3M from 2024. Based on recent trends, this figure is projected to reach $616.3M by 2025. Rwanda ranked 110th globally.

Rwanda's remittances received have shown a significant upward trend over the past four and a half decades, with the latest figure reaching 616,347,812.34 in 2025. This represents a substantial increase from the all-time low of 247,391.19 in 1976, with the country now ranking 110 globally in terms of remittances received. In comparison, New Zealand ranks higher, with remittances received of 620,291,357.05, while Burkina Faso ranks lower with 602,040,342.61. The sharp increase in remittances is likely due to the country's growing diaspora and improved economic conditions, particularly in the years following the 2008 global financial crisis. The remittances received have been steadily increasing since then, with a notable surge in recent years. If Rwanda continues to strengthen its economic ties with its diaspora, it is likely that the country's remittances received will continue to rise, potentially reaching new heights and contributing significantly to the country's economic growth and development.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $736.5M - -
2026* trend $676.4M - -
2025* trend $616.3M - -
2025 $616.3M +$99.3M #110
2024 $517.0M −$1.0M #66
2023 $518.1M +$43.9M #71
2022 $474.2M +$82.9M #69
2021 $391.2M +$111.1M #65
2020 $280.1M +$19.4M #61
2019 $260.7M +$198,679 #57
2018 $260.5M +$45.2M #58
2017 $215.3M +$42.8M #56
2016 $172.5M +$13.3M #53
2015 $159.2M −$24.4M #52
2014 $183.6M +$13.4M #52
2013 $170.2M −$12.2M #51
2012 $182.4M +$8.2M #55
2011 $174.2M +$67.7M #59
Show all years (1976-2025)
* Linear trend extrapolation

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 19.8% Rate 16.1% Gap -3.7pp Reserves YoY +6.3%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Rwanda matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Rwanda's remittances received?▾

Rwanda's remittances received was $616.3M in 2025. Ranked 110th globally. This represents a 19.2% increase from the previous year.

What was the highest remittances received in Rwanda?▾

Rwanda's remittances received peaked at $616.3M in 2025.

What was the lowest remittances received in Rwanda?▾

The lowest remittances received in Rwanda was $247,391 in 1976.

How does Rwanda rank in remittances received?▾

Rwanda ranks 110th globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Rwanda in 2025?▾

Rwanda's remittances received is projected to reach $616.3M by 2025 based on trend extrapolation.

What is Rwanda's remittances received in million?▾

Rwanda's remittances received was approximately 616.35 million ($616.3M) in 2025.

What is the remittances received of Rwanda in 2025?▾

The remittances received of Rwanda in 2025 was $616.3M. This ranks 110th in the world.

Cite this page

APA
Rwanda Remittances Received. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/rwanda/remittances/
BibTeX
@misc{historysaid_rwanda_remittances, title = {Rwanda Remittances Received}, url = {https://historysaid.com/rwanda/remittances/}, publisher = {HistorySaid}, year = {2026} }
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