Rwanda recorded a Government Budget deficit equal to 5.50 percent of the country's Gross Domestic Product in the 2024/25 fiscal year. Government Budget in Rwanda averaged -4.25 percent of GDP from 2006 until 2024, reaching an all time high of 0.10 percent of GDP in 2008 and a record low of -9.00 percent of GDP in 2021. source: National Bank of Rwanda

Government Budget in Rwanda is expected to reach -4.90 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Rwanda Government Budget is projected to trend around -4.30 percent of GDP in 2027 and -3.00 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 33.00 Feb 2026
Government Budget -5.50 -6.70 percent of GDP Dec 2024
Government Debt to GDP 67.20 63.40 percent of GDP Dec 2024
Government Spending 784.00 885.00 RWF Billion Sep 2025
Holidays
Military Expenditure 175.90 179.40 USD Million Dec 2024


Rwanda Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-5.50 -6.70 0.10 -9.00 2006 - 2024 percent of GDP Yearly