Rwanda recorded a Government Budget deficit equal to 5.5% of GDP in the 2024/25 fiscal year. Government Budget in Rwanda averaged -4.36 percent of GDP from 2006 until 2025, 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 -6.00 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 -5.70 percent of GDP in 2027 and -5.20 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 33.00 May 2026
Government Budget -5.50 -6.40 percent of GDP Dec 2025
Government Debt to GDP 67.20 63.40 percent of GDP Dec 2024
Government Spending 809.00 784.00 RWF Billion Dec 2025
Holidays
Military Expenditure 191.20 175.30 USD Million Dec 2025


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 -6.40 0.10 -9.00 2006 - 2025 percent of GDP Yearly