Current Account Balance: Rwanda
Rwanda's current account balance is currently -15.9 % of GDP as of 2026. # Rwanda Current Account Balance Rwanda's current account balance stands at -15.
Current (2026)
-15.9 % of GDP
-15.2% y/y
Peak (1994)
7 % of GDP
Low (2026)
-15.9 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Rwanda
1980 — 2026
Current Account Balance — Rwanda
Analysis# Rwanda Current Account Balance
Rwanda's current account balance stands at -15.9% of GDP in 2026, marking the worst performance in the available dataset. This represents a dramatic reversal from the country's all-time peak of 7% of GDP in 1994. The overall trajectory since 1980 reveals a total decline of 354.3%, reflecting a sustained shift toward persistent external deficits rather than the surpluses of the early post-independence period.
The deterioration has accelerated notably since 2022, when the deficit was -9.4% of GDP. Between 2022 and 2026, the deficit widened by 6.5 percentage points, with particular steepness from 2024 onward (-12.7% to -15.9%). This worsening trend suggests deepening structural imbalances in Rwanda's external accounts, likely driven by import pressures and slower export growth relative to domestic demand.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | -7.6 % of GDP | +13.64% |
| 2029 | -8.8 % of GDP | +11.11% |
| 2028 | -9.9 % of GDP | +26.12% |
| 2027 | -13.4 % of GDP | +15.72% |
| 2026 | -15.9 % of GDP | -15.22% |
| 2025 | -13.8 % of GDP | -8.66% |
| 2024 | -12.7 % of GDP | -10.43% |
| 2023 | -11.5 % of GDP | -22.34% |
| 2022 | -9.4 % of GDP | +13.76% |
| 2021 | -10.9 % of GDP | +9.92% |
| 2020 | -12.1 % of GDP | -1.68% |
| 2019 | -11.9 % of GDP | -17.82% |
| 2018 | -10.1 % of GDP | -6.32% |
| 2017 | -9.5 % of GDP | +37.91% |
| 2016 | -15.3 % of GDP | -20.47% |
| 2015 | -12.7 % of GDP | -12.39% |
| 2014 | -11.3 % of GDP | -50.67% |
| 2013 | -7.5 % of GDP | +22.68% |
| 2012 | -9.7 % of GDP | -40.58% |
| 2011 | -6.9 % of GDP | -6.15% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | -6.5 % of GDP | +2.99% |
| 2009 | -6.7 % of GDP | -42.55% |
| 2008 | -4.7 % of GDP | -123.81% |
| 2007 | -2.1 % of GDP | +50.00% |
| 2006 | -4.2 % of GDP | -90.91% |
| 2005 | -2.2 % of GDP | -22.22% |
| 2004 | -1.8 % of GDP | +63.27% |
| 2003 | -4.9 % of GDP | +28.99% |
| 2002 | -6.9 % of GDP | -32.69% |
| 2001 | -5.2 % of GDP | -13.04% |
| 2000 | -4.6 % of GDP | +30.30% |
| 1999 | -6.6 % of GDP | -83.33% |
| 1998 | -3.6 % of GDP | -24.14% |
| 1997 | -2.9 % of GDP | -480.00% |
| 1996 | -0.5 % of GDP | -112.82% |
| 1995 | 3.9 % of GDP | -44.29% |
| 1994 | 7 % of GDP | +220.69% |
| 1993 | -5.8 % of GDP | -61.11% |
| 1992 | -3.6 % of GDP | -140.00% |
| 1991 | -1.5 % of GDP | +48.28% |
| 1990 | -2.9 % of GDP | +12.12% |
| 1989 | -3.3 % of GDP | +17.50% |
| 1988 | -4 % of GDP | +18.37% |
| 1987 | -4.9 % of GDP | -75.00% |
| 1986 | -2.8 % of GDP | +3.45% |
| 1985 | -2.9 % of GDP | -31.82% |
| 1984 | -2.2 % of GDP | +12.00% |
| 1983 | -2.5 % of GDP | +50.00% |
| 1982 | -5 % of GDP | -19.05% |
| 1981 | -4.2 % of GDP | -20.00% |
| 1980 | -3.5 % of GDP | — |
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