Rwanda recorded a Current Account deficit of 13.50 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Rwanda averaged -7.34 percent of GDP from 1980 until 2024, reaching an all time high of 1.80 percent of GDP in 2004 and a record low of -15.00 percent of GDP in 2018. source: National Bank of Rwanda

Current Account to GDP in Rwanda is expected to reach -10.50 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Rwanda Current Account to GDP is projected to trend around -9.40 percent of GDP in 2026 and -8.70 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Capital Flows -706.28 -649.51 USD Million Dec 2023
Current Account -1653.72 -1246.45 USD Million Dec 2023
Current Account to GDP -13.50 -11.70 percent of GDP Dec 2024
Foreign Direct Investment -459.17 -305.10 USD Million Dec 2023



Rwanda Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-13.50 -11.70 1.80 -15.00 1980 - 2024 percent of GDP Yearly