Rwanda Short-term Debt
Short-term debt as % of total external debt DT.DOD.DSTC.ZS
Rwanda's short-term debt was 3.50% in 2025, ranked 88th globally. This represents a 8.7% decrease from 2024. Data from World Bank, covering 1970–2025.
Overview
Rwanda's short-term debt stood at 3.50% in 2025, a decline of +0.33% from 2024. Based on recent trends, this figure is projected to reach 3.50% by 2025. Rwanda ranked 88th globally.
Rwanda's short-term debt has demonstrated a mixed trend over its 56-year coverage period, with fluctuations that reflect the country's economic development and external financing requirements. The debt-to-GDP ratio peaked at 13.70 in 1980, following a period of severe economic instability and drought in the 1970s. This peak was significantly higher than that of peer country Azerbaijan, which reached a 1983 peak of 8.44. Conversely, Rwanda's debt-to-GDP ratio has decreased substantially since then, reaching a low of 0.00 in 1975, and currently stands at 3.50, ranking 88th globally in 2025. This decline suggests Rwanda's success in reducing external debt and improving economic stability, although its ratio remains higher than that of Lao PDR, which ranks 3rd globally with a ratio of 3.73. Looking ahead, Rwanda's ability to maintain its economic growth momentum and continue to reduce its short-term debt will depend on its ability to attract foreign investment and implement prudent fiscal policies.
Data & projection
| Year | Short-term Debt | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 3.08% | - | - |
| 2026* trend | 3.29% | - | - |
| 2025* trend | 3.50% | - | - |
| 2025 | 3.50% | −0.33% | #88 |
| 2024 | 3.84% | −0.06% | #34 |
| 2023 | 3.89% | +0.01% | #32 |
| 2022 | 3.88% | −0.55% | #29 |
| 2021 | 4.44% | −0.18% | #31 |
| 2020 | 4.62% | −0.66% | #35 |
| 2019 | 5.27% | −0.97% | #40 |
| 2018 | 6.24% | +0.20% | #47 |
| 2017 | 6.04% | +0.79% | #48 |
| 2016 | 5.25% | +4.92% | #43 |
| 2015 | 0.33% | −0.53% | #10 |
| 2014 | 0.86% | +0.38% | #11 |
| 2013 | 0.48% | −4.26% | #11 |
| 2012 | 4.74% | −2.93% | #32 |
| 2011 | 7.67% | +6.53% | #52 |
Detected Pattern
Analysis
Rwanda matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw short-term debt improve within 24 months. View full analysis →
Frequently Asked Questions
Rwanda's short-term debt was 3.50% in 2025. Ranked 88th globally. This represents a 8.7% decrease from the previous year.
Rwanda's short-term debt peaked at 13.70% in 1980.
The lowest short-term debt in Rwanda was 0.00% in 1970.
Rwanda ranks 88th globally in short-term debt as of 2025.
The World Bank indicator code is DT.DOD.DSTC.ZS. Data sourced from World Bank.
Rwanda's short-term debt is projected to reach 3.50% by 2025 based on trend extrapolation.
The short-term debt of Rwanda in 2025 was 3.50%. This ranks 88th in the world.
Cite this page
@misc{historysaid_rwanda_short-term-debt,
title = {Rwanda Short-term Debt},
url = {https://historysaid.com/rwanda/short-term-debt/},
publisher = {HistorySaid},
year = {2026}
}