Rwanda Foreign Reserves
Total reserves including gold FI.RES.TOTL.CD
Rwanda's foreign reserves was $2.3B in 2025, ranked 120th globally. This represents a 3.9% decrease from 2024. Data from World Bank, covering 1964–2025.
Overview
Rwanda's foreign reserves stood at $2.3B in 2025, a decline of +$93.7M from 2024. Based on recent trends, this figure is projected to reach $2.3B by 2025. Rwanda ranked 120th globally.
Rwanda's foreign reserves have experienced significant fluctuations over the 62-year period from 1964 to 2025. Initially, the reserves peaked in 1969 at 3,010,000.00, before declining to their all-time trough in the same year. However, the trend reversed, and Rwanda's foreign reserves reached an all-time high of 2,406,450,701.62 in 2024, only to slightly decrease to 2,312,707,375.98 by 2025. While Rwanda's foreign reserves rank 120 globally, its performance is comparable to that of other emerging economies, such as Estonia, which ranks 114 with 2,363,698,514.98 in foreign reserves. The rise in foreign reserves reflects Rwanda's growing economic stability and diversification efforts. To maintain this trajectory, Rwanda would need to sustain its economic growth, manage its debt effectively, and continue to attract foreign investments to bolster its foreign exchange reserves.
Data & projection
| Year | Foreign Reserves | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $2.6B | - | - |
| 2026* trend | $2.4B | - | - |
| 2025* trend | $2.3B | - | - |
| 2025 | $2.3B | −$93.7M | #120 |
| 2024 | $2.4B | +$572.4M | #105 |
| 2023 | $1.8B | +$108.5M | #120 |
| 2022 | $1.7B | −$141.7M | #122 |
| 2021 | $1.9B | +$147.6M | #124 |
| 2020 | $1.7B | +$255.1M | #119 |
| 2019 | $1.5B | +$109.9M | #118 |
| 2018 | $1.4B | +$175.6M | #118 |
| 2017 | $1.2B | +$165.3M | #120 |
| 2016 | $1.0B | +$95.8M | #118 |
| 2015 | $918.0M | −$27.1M | #125 |
| 2014 | $945.1M | +$290.7M | #127 |
| 2013 | $654.4M | +$179.8M | #142 |
| 2012 | $474.6M | −$243.0M | #147 |
| 2011 | $717.6M | −$88.8M | #134 |
Detected Pattern
Analysis
Rwanda matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw foreign reserves improve within 24 months. View full analysis →
Frequently Asked Questions
Rwanda's foreign reserves was $2.3B in 2025. Ranked 120th globally. This represents a 3.9% decrease from the previous year.
Rwanda's foreign reserves peaked at $2.4B in 2024.
The lowest foreign reserves in Rwanda was $3.0M in 1969.
Rwanda ranks 120th globally in foreign reserves as of 2025.
The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.
Rwanda's foreign reserves is projected to reach $2.3B by 2025 based on trend extrapolation.
Rwanda's foreign reserves was approximately 2.31 billion ($2.3B) in 2025.
The foreign reserves of Rwanda in 2025 was $2.3B. This ranks 120th in the world.
Cite this page
@misc{historysaid_rwanda_reserves,
title = {Rwanda Foreign Reserves},
url = {https://historysaid.com/rwanda/reserves/},
publisher = {HistorySaid},
year = {2026}
}