Rwanda Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Rwanda's reserves in months of imports was 3.2 in 2025, ranked 88th globally. This represents a 23.3% decrease from 2024. Data from World Bank, covering 2010–2025.
Overview
Rwanda's reserves in months of imports stood at 3.2 in 2025, a decline of +1.0 from 2024. Based on recent trends, this figure is projected to reach 3.2 by 2025. Rwanda ranked 88th globally.
Rwanda's foreign exchange reserves have historically been a concern, with the reserves covering only 3.21 months of imports in 2025, ranking 88th globally. This is a significant decline from the all-time peak of 5.70 months in 2010, a year when the country was experiencing an economic boom following the end of the civil war. In contrast, Italy, a peer country, had 3.27 months of reserves in 2025, a slightly higher level than Rwanda. Rwanda's reserves hit an all-time trough of 2.27 months in 2012, a year marked by a severe economic downturn. The country's reserves have since recovered, but the recent decline suggests that Rwanda's economic stability remains a concern. A sustained increase in foreign investment, particularly in the manufacturing and tourism sectors, could help to bolster Rwanda's foreign exchange reserves and improve its economic resilience.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 2.3 | - | - |
| 2026* trend | 2.8 | - | - |
| 2025* trend | 3.2 | - | - |
| 2025 | 3.2 | −1.0 | #88 |
| 2024 | 4.2 | +0.6 | #68 |
| 2023 | 3.6 | −0.3 | #88 |
| 2022 | 3.9 | −1.5 | #86 |
| 2021 | 5.5 | +0.0 | #70 |
| 2020 | 5.4 | +1.1 | #87 |
| 2019 | 4.3 | −0.1 | #81 |
| 2018 | 4.4 | +0.2 | #71 |
| 2017 | 4.2 | +0.6 | #85 |
| 2016 | 3.6 | +0.0 | #97 |
| 2015 | 3.6 | −0.4 | #97 |
| 2014 | 4.0 | +1.0 | #78 |
| 2013 | 3.0 | +0.7 | #111 |
| 2012 | 2.3 | −1.6 | #132 |
| 2011 | 3.8 | −1.9 | #84 |
Detected Pattern
Analysis
Rwanda matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw reserves in months of imports improve within 24 months. View full analysis →
Frequently Asked Questions
Rwanda's reserves in months of imports was 3.2 in 2025. Ranked 88th globally. This represents a 23.3% decrease from the previous year.
Rwanda's reserves in months of imports peaked at 5.7 in 2010.
The lowest reserves in months of imports in Rwanda was 2.3 in 2012.
Rwanda ranks 88th globally in reserves in months of imports as of 2025.
The World Bank indicator code is FI.RES.TOTL.MO. Data sourced from World Bank.
Rwanda's reserves in months of imports is projected to reach 3.2 by 2025 based on trend extrapolation.
The reserves in months of imports of Rwanda in 2025 was 3.2. This ranks 88th in the world.
Cite this page
@misc{historysaid_rwanda_reserves-months-imports,
title = {Rwanda Reserves in Months of Imports},
url = {https://historysaid.com/rwanda/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}