Government Debt to GDP in Rwanda increased to 51.40 percent in 2019 from 45 percent in 2018. source: National Bank of Rwanda

Government Debt to GDP in Rwanda averaged 58.04 percent from 1995 until 2019, reaching an all time high of 119.50 percent in 1995 and a record low of 19.50 percent in 2008. This page provides - Rwanda Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Rwanda Government Debt to GDP - values, historical data and charts - was last updated on September of 2021.

Government Debt to GDP in Rwanda is expected to reach 63.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Rwanda Government Debt to GDP is projected to trend around 66.00 percent of GDP in 2022 and 65.00 percent of GDP in 2023, according to our econometric models.

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Rwanda Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
61.00 51.00 119.50 19.50 1995 - 2020 percent of GDP Yearly

Rwanda Government Last Previous Highest Lowest Unit
Government Debt to GDP 61.00 51.00 119.50 19.50 percent of GDP [+]
Government Budget -8.30 -6.20 -0.10 -8.30 percent of GDP [+]
Military Expenditure 142.40 124.10 151.00 30.70 USD Million [+]
Credit Rating 33.00 [+]
Government Spending 427.00 377.00 432.00 97.00 RWF Billion [+]


Rwanda Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.