Home → Rwanda → Currency → Foreign Reserves

Rwanda – Foreign Reserves

Name: Rwanda Foreign Reserves
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Total reserves including gold, valued at year-end market prices. Comprises foreign exchange, SDR holdings, IMF reserve position, and monetary gold. · World Bank

$2.4B +$572.4M from 2023 G20 rank: 105th · all-time high: $2.4B (2024)

APA

Rwanda Foreign Reserves. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/rwanda/reserves

BibTeX

@misc{historysaid_rwanda_reserves,
  title = {Rwanda Foreign Reserves},
  url = {https://historysaid.com/rwanda/reserves},
  publisher = {HistorySaid},
  year = {2026}
}

Data & Projection▾

Year	Value	Change	Rank
2027* trend	$2.6B	–	–
2026* trend	$2.4B	–	–
2025* trend	$2.3B	–	–
2024	$2.4B	+$572.4M	105th
2023	$1.8B	+$108.5M	120th
2022	$1.7B	−$141.7M	122nd
2021	$1.9B	+$147.6M	124th
2020	$1.7B	+$255.1M	119th
2019	$1.5B	+$109.9M	118th
2018	$1.4B	+$175.6M	118th
2017	$1.2B	+$165.3M	120th
2016	$1.0B	+$95.8M	118th
2015	$918.0M	−$27.1M	125th
2014	$945.1M	+$290.7M	127th
2013	$654.4M	+$179.8M	142nd
2012	$474.6M	−$243.0M	147th
2011	$717.6M	−$88.8M	134th
2010	$806.4M	−$203.5M	132nd
2009	$1.0B	+$240.6M	127th
2008	$769.3M	−$14.6M	126th
2007	$783.9M	+$402.2M	127th
2006	$381.8M	+$124.9M	133rd
2005	$256.9M	−$57.8M	133rd
2004	$314.6M	+$99.9M	131st
2003	$214.7M	−$29.0M	132nd
2002	$243.7M	+$31.6M	129th
2001	$212.1M	+$21.5M	125th
2000	$190.6M	+$16.5M	130th
1999	$174.2M	+$5.4M	130th
1998	$168.8M	+$15.4M	127th
1997	$153.3M	+$46.6M	133rd
1996	$106.7M	+$7.6M	138th
1995	$99.1M	+$47.8M	138th
1994	$51.3M	+$3.9M	136th
1993	$47.4M	−$31.2M	133rd
1992	$78.6M	−$31.6M	114th
1991	$110.2M	+$65.7M	106th
1990	$44.5M	−$25.5M	113th
1989	$70.0M	−$48.8M	104th
1988	$118.8M	−$46.6M	97th
1987	$165.4M	+$2.7M	87th
1986	$162.7M	+$49.3M	84th
1985	$113.3M	+$6.8M	89th
1984	$106.5M	−$4.8M	89th
1983	$111.3M	−$7.8M	89th
1982	$119.1M	−$48.6M	89th
1981	$167.7M	−$28.4M	81st
1980	$196.1M	+$31.0M	85th
1979	$165.1M	+$70.1M	84th
1978	$95.0M	+$10.9M	89th
1977	$84.1M	+$22.0M	91st
1976	$62.1M	+$37.2M	92nd
1975	$24.9M	+$11.8M	103rd
1974	$13.1M	−$2.1M	107th
1973	$15.2M	+$8.8M	102nd
1972	$6.4M	+$594,854	102nd
1971	$5.8M	−$1.9M	102nd
1970	$7.7M	+$4.7M	98th
1969	$3.0M	−$2.8M	100th
1968	$5.8M	−$910,000	96th
1967	$6.7M	+$1.6M	94th
1966	$5.1M	+$1.4M	99th
1965	$3.7M	−$460,000	94th
1964	$4.2M	–	89th

Show all years (1964–2024)

* Linear trend extrapolation from last 5 data points

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%

This pattern occurred 271 times in G20 history, 157 successful

Angola 2024

Inflation

28.2%

Rate

19.4%

Gap

-8.8pp

Reserves YoY

+2.2%

Argentina 2024

Inflation

219.9%

Rate

61.7%

Gap

-158.2pp

Reserves YoY

+28.1%

Egypt, Arab Republic of 2024

Inflation

28.3%

Rate

24.3%

Gap

-4.0pp

Reserves YoY

+35.8%

Egypt, Arab Republic of 2023

Inflation

33.9%

Rate

17.8%

Gap

-16.1pp

Reserves YoY

+2.9%

Gambia, The 2023

Inflation

17.0%

Rate

20.8%

Gap

+3.8pp

Reserves YoY

+1.5%

Hungary 2023

Inflation

17.1%

Rate

15.3%

Gap

-1.8pp

Reserves YoY

+10.9%

HistorySaid – pattern alert

In 157 of 271 past occurrences of this pattern, the outcome was successful (58% of cases). Rwanda matched this pattern in 2023. View full analysis →

HistorySaid

Rwanda's foreign reserves stood at $2.4B in 2024, a rise of +$572.4M from 2023. Based on recent trends, HistorySaid estimates $2.3B by 2025.