Budget balance — all countries

Budget balance — Rwanda

Budget balance in Rwanda in 2031 — -3.6%. Ranked 138 in the world out of 188. Since 1992, the indicator has risen by 3.7 pp.

2031 -3.6% −1.6 pp vs 2030
World rank 138of 188
Period maximum 2.3%2004
Period minimum -9.7%1994

Trend over time

1992–2031 · % of GDP

Budget balance — Rwanda, 1992–2031-10-505199219962000200420082012201620202024202820311992: -7.3%1993: -6.7%1994: -9.7%1995: -2.1%1996: -5.1%1997: -2.3%1998: -2.6%1999: -4.5%2000: -0.2%2001: -1.8%2002: -2.1%2003: -1.3%2004: 2.3%2005: 1.1%2006: 0%2007: -1.6%2008: 0.8%2009: 0.3%2010: -0.6%2011: -0.9%2012: -2.4%2013: -1.3%2014: -4%2015: -2.7%2016: -2.3%2017: -2.5%2018: -2.6%2019: -5%2020: -9.3%2021: -6.9%2022: -5.6%2023: -4.9%2024: -6.2%2025: -4.5%2026: -4.3%2027: -3%2028: -2.8%2029: -3.1%2030: -2%2031: -3.6%
Change over the period: +3.7 pp Annual average: 0.09 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Rwanda

Rwanda -3.6%
World computed -4.85%
Sub-Saharan Africa computed -3.08%
Eastern Africa computed -3.73%
Low-income countries computed -2.83%
Budget balance — Rwanda, by year Rwanda All countries CSV XLSX
Year % Change, pp
2031 -3.6 −1.6 pp
2030 -2 +1.1 pp
2029 -3.1 −0.3 pp
2028 -2.8 +0.2 pp
2027 -3 +1.3 pp
2026 -4.3 +0.2 pp
2025 -4.5 +1.7 pp
2024 -6.2 −1.3 pp
2023 -4.9 +0.7 pp
2022 -5.6 +1.3 pp
2021 -6.9 +2.4 pp
2020 -9.3 −4.3 pp
2019 -5 −2.4 pp
2018 -2.6 −0.1 pp
2017 -2.5 −0.2 pp
2016 -2.3 +0.4 pp
2015 -2.7 +1.3 pp
2014 -4 −2.7 pp
2013 -1.3 +1.1 pp
2012 -2.4 −1.5 pp
2011 -0.9 −0.3 pp
2010 -0.6 −0.9 pp
2009 0.3 −0.5 pp
2008 0.8 +2.4 pp
2007 -1.6 −1.6 pp
2006 0 −1.1 pp
2005 1.1 −1.2 pp
2004 2.3 +3.6 pp
2003 -1.3 +0.8 pp
2002 -2.1 −0.3 pp
2001 -1.8 −1.6 pp
2000 -0.2 +4.3 pp
1999 -4.5 −1.9 pp
1998 -2.6 −0.3 pp
1997 -2.3 +2.8 pp
1996 -5.1 −3 pp
1995 -2.1 +7.6 pp
1994 -9.7 −3 pp
1993 -6.7 +0.6 pp
1992 -7.3

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.