Public Debt Dashboard | MINECOFIN Economic Dashboard

Overview

Indicator

PPG Debt Stock

73.6%

Latest year: 2025

External Public Debt

59.3%

Latest year: 2025

Domestic Public Debt

11.9%

Latest year: 2025

SOEs Debt

2.5%

Latest year: 2025

Private Debt

21.3%

Latest year: 2025

PPG Debt Composition (% of GDP)

Units % of GDP

Date range 2003 – 2025

Indicator	Year	Value	Unit
External Public Debt	2003	85.30	% of GDP
External Public Debt	2004	78.57	% of GDP
External Public Debt	2005	57.18	% of GDP
External Public Debt	2006	15.34	% of GDP
External Public Debt	2007	15.02	% of GDP
External Public Debt	2008	14.19	% of GDP
External Public Debt	2009	13.59	% of GDP
External Public Debt	2010	13.54	% of GDP
External Public Debt	2011	14.57	% of GDP
External Public Debt	2012	14.45	% of GDP
External Public Debt	2013	20.90	% of GDP
External Public Debt	2014	22.04	% of GDP
External Public Debt	2015	25.37	% of GDP
External Public Debt	2016	29.71	% of GDP
External Public Debt	2017	33.37	% of GDP
External Public Debt	2018	36.63	% of GDP
External Public Debt	2019	39.84	% of GDP
External Public Debt	2020	51.70	% of GDP
External Public Debt	2021	52.90	% of GDP
External Public Debt	2022	46.53	% of GDP
External Public Debt	2023	53.94	% of GDP
External Public Debt	2024	59.08	% of GDP
External Public Debt	2025	59.25	% of GDP
Domestic Public Debt	2003	13.11	% of GDP
Domestic Public Debt	2004	12.42	% of GDP
Domestic Public Debt	2005	9.60	% of GDP
Domestic Public Debt	2006	8.59	% of GDP
Domestic Public Debt	2007	8.73	% of GDP
Domestic Public Debt	2008	5.87	% of GDP
Domestic Public Debt	2009	5.74	% of GDP
Domestic Public Debt	2010	6.42	% of GDP
Domestic Public Debt	2011	4.47	% of GDP
Domestic Public Debt	2012	5.28	% of GDP
Domestic Public Debt	2013	6.26	% of GDP
Domestic Public Debt	2014	7.03	% of GDP
Domestic Public Debt	2015	8.31	% of GDP
Domestic Public Debt	2016	8.43	% of GDP
Domestic Public Debt	2017	8.87	% of GDP
Domestic Public Debt	2018	9.01	% of GDP
Domestic Public Debt	2019	10.21	% of GDP
Domestic Public Debt	2020	13.53	% of GDP
Domestic Public Debt	2021	14.87	% of GDP
Domestic Public Debt	2022	15.59	% of GDP
Domestic Public Debt	2023	12.68	% of GDP
Domestic Public Debt	2024	12.70	% of GDP
Domestic Public Debt	2025	11.86	% of GDP
SOE Debt	2003	0.00	% of GDP
SOE Debt	2004	0.00	% of GDP
SOE Debt	2005	0.00	% of GDP
SOE Debt	2006	0.00	% of GDP
SOE Debt	2007	0.00	% of GDP
SOE Debt	2008	0.00	% of GDP
SOE Debt	2009	0.24	% of GDP
SOE Debt	2010	0.40	% of GDP
SOE Debt	2011	1.89	% of GDP
SOE Debt	2012	1.40	% of GDP
SOE Debt	2013	0.78	% of GDP
SOE Debt	2014	1.16	% of GDP
SOE Debt	2015	1.15	% of GDP
SOE Debt	2016	7.03	% of GDP
SOE Debt	2017	6.95	% of GDP
SOE Debt	2018	6.65	% of GDP
SOE Debt	2019	5.85	% of GDP
SOE Debt	2020	5.05	% of GDP
SOE Debt	2021	4.26	% of GDP
SOE Debt	2022	3.29	% of GDP
SOE Debt	2023	3.37	% of GDP
SOE Debt	2024	2.68	% of GDP
SOE Debt	2025	2.52	% of GDP
Total	2003	98.41	% of GDP
Total	2004	90.99	% of GDP
Total	2005	66.78	% of GDP
Total	2006	23.92	% of GDP
Total	2007	23.75	% of GDP
Total	2008	20.06	% of GDP
Total	2009	19.57	% of GDP
Total	2010	20.36	% of GDP
Total	2011	20.93	% of GDP
Total	2012	21.13	% of GDP
Total	2013	27.93	% of GDP
Total	2014	30.23	% of GDP
Total	2015	34.83	% of GDP
Total	2016	45.17	% of GDP
Total	2017	49.20	% of GDP
Total	2018	52.29	% of GDP
Total	2019	55.90	% of GDP
Total	2020	70.28	% of GDP
Total	2021	72.04	% of GDP
Total	2022	65.41	% of GDP
Total	2023	69.99	% of GDP
Total	2024	74.46	% of GDP
Total	2025	73.63	% of GDP

Public & Publicly Guaranteed Debt Stock

Units RWF billion

Date range 2003 – 2025

Indicator	Year	Value	Unit
External Public Debt	2003	846.66	RWF billion
External Public Debt	2004	947.72	RWF billion
External Public Debt	2005	823.31	RWF billion
External Public Debt	2006	263.21	RWF billion
External Public Debt	2007	310.12	RWF billion
External Public Debt	2008	372.08	RWF billion
External Public Debt	2009	420.77	RWF billion
External Public Debt	2010	461.81	RWF billion
External Public Debt	2011	594.92	RWF billion
External Public Debt	2012	670.71	RWF billion
External Public Debt	2013	1042.42	RWF billion
External Public Debt	2014	1222.64	RWF billion
External Public Debt	2015	1542.99	RWF billion
External Public Debt	2016	2010.62	RWF billion
External Public Debt	2017	2543.44	RWF billion
External Public Debt	2018	3043.57	RWF billion
External Public Debt	2019	3768.93	RWF billion
External Public Debt	2020	5114.40	RWF billion
External Public Debt	2021	5885.13	RWF billion
External Public Debt	2022	6591.20	RWF billion
External Public Debt	2023	9265.14	RWF billion
External Public Debt	2024	11766.93	RWF billion
External Public Debt	2025	13857.93	RWF billion
Domestic Public Debt	2003	130.18	RWF billion
Domestic Public Debt	2004	149.87	RWF billion
Domestic Public Debt	2005	138.27	RWF billion
Domestic Public Debt	2006	147.34	RWF billion
Domestic Public Debt	2007	180.24	RWF billion
Domestic Public Debt	2008	154.03	RWF billion
Domestic Public Debt	2009	177.76	RWF billion
Domestic Public Debt	2010	218.90	RWF billion
Domestic Public Debt	2011	182.40	RWF billion
Domestic Public Debt	2012	244.90	RWF billion
Domestic Public Debt	2013	312.18	RWF billion
Domestic Public Debt	2014	390.16	RWF billion
Domestic Public Debt	2015	505.10	RWF billion
Domestic Public Debt	2016	570.80	RWF billion
Domestic Public Debt	2017	675.99	RWF billion
Domestic Public Debt	2018	749.02	RWF billion
Domestic Public Debt	2019	965.71	RWF billion
Domestic Public Debt	2020	1338.77	RWF billion
Domestic Public Debt	2021	1654.77	RWF billion
Domestic Public Debt	2022	2208.66	RWF billion
Domestic Public Debt	2023	2178.18	RWF billion
Domestic Public Debt	2024	2529.74	RWF billion
Domestic Public Debt	2025	2772.87	RWF billion
SOE Debt	2003	0.00	RWF billion
SOE Debt	2004	0.00	RWF billion
SOE Debt	2005	0.00	RWF billion
SOE Debt	2006	0.00	RWF billion
SOE Debt	2007	0.00	RWF billion
SOE Debt	2008	0.00	RWF billion
SOE Debt	2009	7.43	RWF billion
SOE Debt	2010	13.67	RWF billion
SOE Debt	2011	77.33	RWF billion
SOE Debt	2012	65.10	RWF billion
SOE Debt	2013	38.78	RWF billion
SOE Debt	2014	64.56	RWF billion
SOE Debt	2015	69.95	RWF billion
SOE Debt	2016	475.51	RWF billion
SOE Debt	2017	529.77	RWF billion
SOE Debt	2018	552.35	RWF billion
SOE Debt	2019	553.80	RWF billion
SOE Debt	2020	499.90	RWF billion
SOE Debt	2021	474.44	RWF billion
SOE Debt	2022	465.49	RWF billion
SOE Debt	2023	578.65	RWF billion
SOE Debt	2024	533.36	RWF billion
SOE Debt	2025	589.56	RWF billion
Total	2011	854.65	RWF billion
Total	2012	980.71	RWF billion
Total	2013	1393.37	RWF billion
Total	2014	1677.36	RWF billion
Total	2015	2118.04	RWF billion
Total	2016	3056.92	RWF billion
Total	2017	3749.20	RWF billion
Total	2018	4344.94	RWF billion
Total	2019	5288.44	RWF billion
Total	2020	6953.07	RWF billion
Total	2021	8014.33	RWF billion
Total	2022	9265.36	RWF billion
Total	2023	12021.97	RWF billion
Total	2024	14830.03	RWF billion
Total	2025	17220.36	RWF billion

Public and Private Debt (% of GDP)

Units % of GDP

Date range 2003 – 2025

Indicator	Year	Value	Unit
Public Debt	2003	98.41	% of GDP
Public Debt	2004	90.99	% of GDP
Public Debt	2005	66.78	% of GDP
Public Debt	2006	23.92	% of GDP
Public Debt	2007	23.75	% of GDP
Public Debt	2008	20.06	% of GDP
Public Debt	2009	19.57	% of GDP
Public Debt	2010	20.36	% of GDP
Public Debt	2011	20.93	% of GDP
Public Debt	2012	21.13	% of GDP
Public Debt	2013	27.93	% of GDP
Public Debt	2014	30.23	% of GDP
Public Debt	2015	34.83	% of GDP
Public Debt	2016	45.17	% of GDP
Public Debt	2017	49.20	% of GDP
Public Debt	2018	52.29	% of GDP
Public Debt	2019	55.90	% of GDP
Public Debt	2020	70.28	% of GDP
Public Debt	2021	72.04	% of GDP
Public Debt	2022	65.41	% of GDP
Public Debt	2023	69.99	% of GDP
Public Debt	2024	74.46	% of GDP
Public Debt	2025	73.63	% of GDP
Private Debt	2003	2.19	% of GDP
Private Debt	2004	1.79	% of GDP
Private Debt	2005	1.21	% of GDP
Private Debt	2006	1.01	% of GDP
Private Debt	2007	0.78	% of GDP
Private Debt	2008	0.73	% of GDP
Private Debt	2009	1.61	% of GDP
Private Debt	2010	3.74	% of GDP
Private Debt	2011	2.96	% of GDP
Private Debt	2012	4.31	% of GDP
Private Debt	2013	4.25	% of GDP
Private Debt	2014	3.90	% of GDP
Private Debt	2015	3.20	% of GDP
Private Debt	2016	18.89	% of GDP
Private Debt	2017	17.97	% of GDP
Private Debt	2018	18.77	% of GDP
Private Debt	2019	18.92	% of GDP
Private Debt	2020	21.10	% of GDP
Private Debt	2021	22.07	% of GDP
Private Debt	2022	19.32	% of GDP
Private Debt	2023	21.48	% of GDP
Private Debt	2024	22.55	% of GDP
Private Debt	2025	21.28	% of GDP
Total	2003	100.60	% of GDP
Total	2004	92.79	% of GDP
Total	2005	67.99	% of GDP
Total	2006	24.94	% of GDP
Total	2007	24.53	% of GDP
Total	2008	20.78	% of GDP
Total	2009	21.18	% of GDP
Total	2010	24.10	% of GDP
Total	2011	23.89	% of GDP
Total	2012	25.44	% of GDP
Total	2013	32.19	% of GDP
Total	2014	34.13	% of GDP
Total	2015	38.03	% of GDP
Total	2016	64.06	% of GDP
Total	2017	67.17	% of GDP
Total	2018	71.06	% of GDP
Total	2019	74.82	% of GDP
Total	2020	91.38	% of GDP
Total	2021	94.11	% of GDP
Total	2022	84.74	% of GDP
Total	2023	91.47	% of GDP
Total	2024	97.01	% of GDP
Total	2025	94.91	% of GDP

External Debt — Public + Private (% of GDP)

Units % of GDP

Date range 2003 – 2025

Indicator	Year	Value	Unit
External Public Debt	2003	85.30	% of GDP
External Public Debt	2004	78.57	% of GDP
External Public Debt	2005	57.18	% of GDP
External Public Debt	2006	15.34	% of GDP
External Public Debt	2007	15.02	% of GDP
External Public Debt	2008	14.19	% of GDP
External Public Debt	2009	13.59	% of GDP
External Public Debt	2010	13.54	% of GDP
External Public Debt	2011	14.57	% of GDP
External Public Debt	2012	14.45	% of GDP
External Public Debt	2013	20.90	% of GDP
External Public Debt	2014	22.04	% of GDP
External Public Debt	2015	25.37	% of GDP
External Public Debt	2016	29.71	% of GDP
External Public Debt	2017	33.37	% of GDP
External Public Debt	2018	36.63	% of GDP
External Public Debt	2019	39.84	% of GDP
External Public Debt	2020	51.70	% of GDP
External Public Debt	2021	52.90	% of GDP
External Public Debt	2022	46.53	% of GDP
External Public Debt	2023	53.94	% of GDP
External Public Debt	2024	59.08	% of GDP
External Public Debt	2025	59.25	% of GDP
External Private Debt	2003	2.19	% of GDP
External Private Debt	2004	1.79	% of GDP
External Private Debt	2005	1.21	% of GDP
External Private Debt	2006	1.01	% of GDP
External Private Debt	2007	0.78	% of GDP
External Private Debt	2008	0.73	% of GDP
External Private Debt	2009	1.61	% of GDP
External Private Debt	2010	3.74	% of GDP
External Private Debt	2011	2.96	% of GDP
External Private Debt	2012	4.31	% of GDP
External Private Debt	2013	4.25	% of GDP
External Private Debt	2014	3.90	% of GDP
External Private Debt	2015	3.20	% of GDP
External Private Debt	2016	18.89	% of GDP
External Private Debt	2017	17.97	% of GDP
External Private Debt	2018	18.77	% of GDP
External Private Debt	2019	18.92	% of GDP
External Private Debt	2020	21.10	% of GDP
External Private Debt	2021	22.07	% of GDP
External Private Debt	2022	19.32	% of GDP
External Private Debt	2023	21.48	% of GDP
External Private Debt	2024	22.55	% of GDP
External Private Debt	2025	21.28	% of GDP
Total	2003	87.48	% of GDP
Total	2004	80.36	% of GDP
Total	2005	58.39	% of GDP
Total	2006	16.35	% of GDP
Total	2007	15.80	% of GDP
Total	2008	14.91	% of GDP
Total	2009	15.20	% of GDP
Total	2010	17.28	% of GDP
Total	2011	17.53	% of GDP
Total	2012	18.76	% of GDP
Total	2013	25.15	% of GDP
Total	2014	25.94	% of GDP
Total	2015	28.58	% of GDP
Total	2016	48.60	% of GDP
Total	2017	51.34	% of GDP
Total	2018	55.40	% of GDP
Total	2019	58.76	% of GDP
Total	2020	72.79	% of GDP
Total	2021	74.97	% of GDP
Total	2022	65.86	% of GDP
Total	2023	75.42	% of GDP
Total	2024	81.63	% of GDP
Total	2025	80.53	% of GDP

Central Government External Debt

Units USD million

Date range 2011 – 2025

Indicator	Year	Value	Unit
Foreign Currency Debt	2011	984.74	USD million
Foreign Currency Debt	2012	1062.25	USD million
Foreign Currency Debt	2013	1555.67	USD million
Foreign Currency Debt	2014	1760.78	USD million
Foreign Currency Debt	2015	2064.46	USD million
Foreign Currency Debt	2016	2452.60	USD million
Foreign Currency Debt	2017	3010.00	USD million
Foreign Currency Debt	2018	3462.14	USD million
Foreign Currency Debt	2019	4085.48	USD million
Foreign Currency Debt	2020	5259.16	USD million
Foreign Currency Debt	2021	5829.17	USD million
Foreign Currency Debt	2022	6155.90	USD million
Foreign Currency Debt	2023	7330.41	USD million
Foreign Currency Debt	2024	8508.35	USD million
Foreign Currency Debt	2025	9504.26	USD million
Foreign Currency Debt Excluding IMF	2013	1544.36	USD million
Foreign Currency Debt Excluding IMF	2014	1752.88	USD million
Foreign Currency Debt Excluding IMF	2015	2059.30	USD million
Foreign Currency Debt Excluding IMF	2016	2354.81	USD million
Foreign Currency Debt Excluding IMF	2017	2830.83	USD million
Foreign Currency Debt Excluding IMF	2018	3261.38	USD million
Foreign Currency Debt Excluding IMF	2019	3885.75	USD million
Foreign Currency Debt Excluding IMF	2020	5046.30	USD million
Foreign Currency Debt Excluding IMF	2021	5689.03	USD million
Foreign Currency Debt Excluding IMF	2022	6065.29	USD million
Foreign Currency Debt Excluding IMF	2023	7199.66	USD million
Foreign Currency Debt Excluding IMF	2024	8342.95	USD million
Foreign Currency Debt Excluding IMF	2025	9430.78	USD million

External Public Debt by Creditor Category

Units USD million

Date range 2003 – 2025

Indicator	Year	Value	Unit
Multilateral	2003	1310.41	USD million
Multilateral	2004	1518.16	USD million
Multilateral	2005	1402.81	USD million
Multilateral	2006	390.03	USD million
Multilateral	2007	485.66	USD million
Multilateral	2008	580.52	USD million
Multilateral	2009	628.26	USD million
Multilateral	2010	651.03	USD million
Multilateral	2011	833.08	USD million
Multilateral	2012	890.67	USD million
Multilateral	2013	939.04	USD million
Multilateral	2014	1108.68	USD million
Multilateral	2015	1369.87	USD million
Multilateral	2016	1744.35	USD million
Multilateral	2017	2257.51	USD million
Multilateral	2018	2680.57	USD million
Multilateral	2019	3199.56	USD million
Multilateral	2020	4190.22	USD million
Multilateral	2021	4335.19	USD million
Multilateral	2022	4638.92	USD million
Multilateral	2023	5627.28	USD million
Multilateral	2024	6436.16	USD million
Multilateral	2025	7162.79	USD million
Bilateral	2003	148.65	USD million
Bilateral	2004	153.67	USD million
Bilateral	2005	83.93	USD million
Bilateral	2006	89.45	USD million
Bilateral	2007	84.11	USD million
Bilateral	2008	85.13	USD million
Bilateral	2009	108.26	USD million
Bilateral	2010	126.27	USD million
Bilateral	2011	151.66	USD million
Bilateral	2012	171.58	USD million
Bilateral	2013	216.62	USD million
Bilateral	2014	252.10	USD million
Bilateral	2015	294.59	USD million
Bilateral	2016	308.25	USD million
Bilateral	2017	352.49	USD million
Bilateral	2018	381.57	USD million
Bilateral	2019	485.92	USD million
Bilateral	2020	640.34	USD million
Bilateral	2021	813.41	USD million
Bilateral	2022	836.41	USD million
Bilateral	2023	917.04	USD million
Bilateral	2024	1087.96	USD million
Bilateral	2025	1310.59	USD million
Banks	2013	400.00	USD million
Banks	2014	400.00	USD million
Banks	2015	400.00	USD million
Banks	2016	400.00	USD million
Banks	2017	400.00	USD million
Banks	2018	400.00	USD million
Banks	2019	400.00	USD million
Banks	2020	428.60	USD million
Banks	2021	690.75	USD million
Banks	2022	680.57	USD million
Banks	2023	786.10	USD million
Banks	2024	984.23	USD million
Banks	2025	1030.88	USD million
Total	2003	1459.06	USD million
Total	2004	1671.83	USD million
Total	2005	1486.74	USD million
Total	2006	479.48	USD million
Total	2007	569.77	USD million
Total	2008	665.65	USD million
Total	2009	736.52	USD million
Total	2010	777.30	USD million
Total	2011	984.74	USD million
Total	2012	1062.25	USD million
Total	2013	1555.67	USD million
Total	2014	1760.78	USD million
Total	2015	2064.46	USD million
Total	2016	2452.60	USD million
Total	2017	3010.00	USD million
Total	2018	3462.14	USD million
Total	2019	4085.48	USD million
Total	2020	5259.16	USD million
Total	2021	5839.35	USD million
Total	2022	6155.90	USD million
Total	2023	7330.41	USD million
Total	2024	8508.35	USD million
Total	2025	9504.26	USD million

External Public Debt by Original Maturity

Units USD million

Date range 2003 – 2025

Indicator	Year	Value	Unit
Long Term	2003	1459.06	USD million
Long Term	2004	1671.83	USD million
Long Term	2005	1486.74	USD million
Long Term	2006	479.48	USD million
Long Term	2007	569.77	USD million
Long Term	2008	665.65	USD million
Long Term	2009	736.52	USD million
Long Term	2010	777.30	USD million
Long Term	2011	984.74	USD million
Long Term	2012	1062.25	USD million
Long Term	2013	1555.67	USD million
Long Term	2014	1760.78	USD million
Long Term	2015	2064.46	USD million
Long Term	2016	2452.60	USD million
Long Term	2017	3010.00	USD million
Long Term	2018	3462.14	USD million
Long Term	2019	4085.48	USD million
Long Term	2020	5259.16	USD million
Long Term	2021	5829.17	USD million
Long Term	2022	6155.90	USD million
Long Term	2023	7330.41	USD million
Long Term	2024	8508.35	USD million
Long Term	2025	9504.26	USD million

External Public Debt by Interest Rate Type

Units USD million

Date range 2003 – 2025

Indicator	Year	Value	Unit
Fixed Rate	2003	1459.06	USD million
Fixed Rate	2004	1671.83	USD million
Fixed Rate	2005	1486.74	USD million
Fixed Rate	2006	479.48	USD million
Fixed Rate	2007	569.77	USD million
Fixed Rate	2008	665.65	USD million
Fixed Rate	2009	736.52	USD million
Fixed Rate	2010	777.30	USD million
Fixed Rate	2011	984.74	USD million
Fixed Rate	2012	1062.25	USD million
Fixed Rate	2013	1555.67	USD million
Fixed Rate	2014	1760.78	USD million
Fixed Rate	2015	2064.46	USD million
Fixed Rate	2016	2443.04	USD million
Fixed Rate	2017	2986.83	USD million
Fixed Rate	2018	3434.44	USD million
Fixed Rate	2019	3852.98	USD million
Fixed Rate	2020	4951.76	USD million
Fixed Rate	2021	5602.37	USD million
Fixed Rate	2022	5909.66	USD million
Fixed Rate	2023	7037.20	USD million
Fixed Rate	2024	7870.22	USD million
Fixed Rate	2025	8468.30	USD million
Floating Rate	2016	9.56	USD million
Floating Rate	2017	23.17	USD million
Floating Rate	2018	27.70	USD million
Floating Rate	2019	232.51	USD million
Floating Rate	2020	307.40	USD million
Floating Rate	2021	233.43	USD million
Floating Rate	2022	246.24	USD million
Floating Rate	2023	293.22	USD million
Floating Rate	2024	638.13	USD million
Floating Rate	2025	1035.96	USD million
Total	2003	1459.06	USD million
Total	2004	1671.83	USD million
Total	2005	1486.74	USD million
Total	2006	479.48	USD million
Total	2007	569.77	USD million
Total	2008	665.65	USD million
Total	2009	736.52	USD million
Total	2010	777.30	USD million
Total	2011	984.74	USD million
Total	2012	1062.25	USD million
Total	2013	1555.67	USD million
Total	2014	1760.78	USD million
Total	2015	2064.46	USD million
Total	2016	2452.60	USD million
Total	2017	3010.00	USD million
Total	2018	3462.14	USD million
Total	2019	4085.48	USD million
Total	2020	5259.16	USD million
Total	2021	5835.81	USD million
Total	2022	6155.90	USD million
Total	2023	7330.41	USD million
Total	2024	8508.35	USD million
Total	2025	9504.26	USD million

Domestic Public Debt by Original Maturity

Units RWF billion

Date range 2003 – 2025

Indicator	Year	Value	Unit
Medium & Long Term	2003	110.88	RWF billion
Medium & Long Term	2004	117.87	RWF billion
Medium & Long Term	2005	119.77	RWF billion
Medium & Long Term	2006	112.84	RWF billion
Medium & Long Term	2007	150.10	RWF billion
Medium & Long Term	2008	135.92	RWF billion
Medium & Long Term	2009	152.66	RWF billion
Medium & Long Term	2010	132.70	RWF billion
Medium & Long Term	2011	105.20	RWF billion
Medium & Long Term	2012	149.40	RWF billion
Medium & Long Term	2013	117.52	RWF billion
Medium & Long Term	2014	177.86	RWF billion
Medium & Long Term	2015	182.10	RWF billion
Medium & Long Term	2016	261.30	RWF billion
Medium & Long Term	2017	270.32	RWF billion
Medium & Long Term	2018	320.32	RWF billion
Medium & Long Term	2019	473.18	RWF billion
Medium & Long Term	2020	772.69	RWF billion
Medium & Long Term	2021	1072.03	RWF billion
Medium & Long Term	2022	1568.71	RWF billion
Medium & Long Term	2023	1738.25	RWF billion
Medium & Long Term	2024	1902.19	RWF billion
Medium & Long Term	2025	2228.44	RWF billion
Short Term	2003	19.30	RWF billion
Short Term	2004	32.00	RWF billion
Short Term	2005	18.50	RWF billion
Short Term	2006	34.50	RWF billion
Short Term	2007	30.14	RWF billion
Short Term	2008	18.11	RWF billion
Short Term	2009	25.10	RWF billion
Short Term	2010	86.20	RWF billion
Short Term	2011	77.20	RWF billion
Short Term	2012	95.50	RWF billion
Short Term	2013	194.66	RWF billion
Short Term	2014	212.30	RWF billion
Short Term	2015	323.00	RWF billion
Short Term	2016	309.50	RWF billion
Short Term	2017	405.67	RWF billion
Short Term	2018	428.70	RWF billion
Short Term	2019	492.52	RWF billion
Short Term	2020	566.07	RWF billion
Short Term	2021	582.73	RWF billion
Short Term	2022	639.96	RWF billion
Short Term	2023	439.93	RWF billion
Short Term	2024	627.55	RWF billion
Short Term	2025	544.43	RWF billion
Domestic Debt Total	2003	130.18	RWF billion
Domestic Debt Total	2004	149.87	RWF billion
Domestic Debt Total	2005	138.27	RWF billion
Domestic Debt Total	2006	147.34	RWF billion
Domestic Debt Total	2007	180.24	RWF billion
Domestic Debt Total	2008	154.03	RWF billion
Domestic Debt Total	2009	177.76	RWF billion
Domestic Debt Total	2010	218.90	RWF billion
Domestic Debt Total	2011	182.40	RWF billion
Domestic Debt Total	2012	244.90	RWF billion
Domestic Debt Total	2013	312.18	RWF billion
Domestic Debt Total	2014	390.16	RWF billion
Domestic Debt Total	2015	505.10	RWF billion
Domestic Debt Total	2016	570.80	RWF billion
Domestic Debt Total	2017	675.99	RWF billion
Domestic Debt Total	2018	749.02	RWF billion
Domestic Debt Total	2019	965.71	RWF billion
Domestic Debt Total	2020	1338.77	RWF billion
Domestic Debt Total	2021	1654.77	RWF billion
Domestic Debt Total	2022	2208.66	RWF billion
Domestic Debt Total	2023	2178.18	RWF billion
Domestic Debt Total	2024	2529.74	RWF billion
Domestic Debt Total	2025	2772.87	RWF billion

Domestic Public Debt (USD Equivalent)

Units USD million

Date range 2003 – 2025

Indicator	Year	Value	Unit
Domestic Debt	2003	224.33	USD million
Domestic Debt	2004	264.38	USD million
Domestic Debt	2005	249.72	USD million
Domestic Debt	2006	268.55	USD million
Domestic Debt	2007	331.18	USD million
Domestic Debt	2008	275.59	USD million
Domestic Debt	2009	311.17	USD million
Domestic Debt	2010	368.24	USD million
Domestic Debt	2011	301.92	USD million
Domestic Debt	2012	387.86	USD million
Domestic Debt	2013	465.88	USD million
Domestic Debt	2014	561.88	USD million
Domestic Debt	2015	675.80	USD million
Domestic Debt	2016	696.28	USD million
Domestic Debt	2017	799.99	USD million
Domestic Debt	2018	852.03	USD million
Domestic Debt	2019	1046.82	USD million
Domestic Debt	2020	1376.66	USD million
Domestic Debt	2021	1639.03	USD million
Domestic Debt	2022	2062.80	USD million
Domestic Debt	2023	1723.34	USD million
Domestic Debt	2024	1829.18	USD million
Domestic Debt	2025	1901.74	USD million

External Debt Principal Repayment

Units USD million

Date range 2003 – 2025

Indicator	Year	Value	Unit
Long Term	2003	24.58	USD million
Long Term	2004	28.69	USD million
Long Term	2005	35.96	USD million
Long Term	2006	21.39	USD million
Long Term	2007	6.49	USD million
Long Term	2008	7.28	USD million
Long Term	2009	7.69	USD million
Long Term	2010	9.81	USD million
Long Term	2011	15.59	USD million
Long Term	2012	17.34	USD million
Long Term	2013	19.26	USD million
Long Term	2014	19.91	USD million
Long Term	2015	21.32	USD million
Long Term	2016	27.26	USD million
Long Term	2017	28.77	USD million
Long Term	2018	30.58	USD million
Long Term	2019	32.55	USD million
Long Term	2020	53.41	USD million
Long Term	2021	406.84	USD million
Long Term	2022	94.92	USD million
Long Term	2023	157.73	USD million
Long Term	2024	124.20	USD million
Long Term	2025	161.49	USD million

External Interest Repayment

Units USD million

Date range 2003 – 2025

Indicator	Year	Value	Unit
Long Term	2003	13.81	USD million
Long Term	2004	13.69	USD million
Long Term	2005	11.20	USD million
Long Term	2006	11.20	USD million
Long Term	2007	6.15	USD million
Long Term	2008	7.00	USD million
Long Term	2009	7.63	USD million
Long Term	2010	7.83	USD million
Long Term	2011	8.09	USD million
Long Term	2012	9.19	USD million
Long Term	2013	25.23	USD million
Long Term	2014	38.95	USD million
Long Term	2015	40.12	USD million
Long Term	2016	43.48	USD million
Long Term	2017	44.47	USD million
Long Term	2018	51.56	USD million
Long Term	2019	56.16	USD million
Long Term	2020	61.04	USD million
Long Term	2021	61.31	USD million
Long Term	2022	86.76	USD million
Long Term	2023	111.11	USD million
Long Term	2024	155.76	USD million
Long Term	2025	167.11	USD million

SOE Debt

Units RWF billion

Date range 2003 – 2025

Indicator	Year	Value	Unit
External SOE Debt	2003	0.00	RWF billion
External SOE Debt	2004	0.00	RWF billion
External SOE Debt	2005	0.00	RWF billion
External SOE Debt	2006	0.00	RWF billion
External SOE Debt	2007	0.00	RWF billion
External SOE Debt	2008	0.00	RWF billion
External SOE Debt	2009	7.43	RWF billion
External SOE Debt	2010	13.67	RWF billion
External SOE Debt	2011	77.33	RWF billion
External SOE Debt	2012	65.10	RWF billion
External SOE Debt	2013	31.28	RWF billion
External SOE Debt	2014	47.56	RWF billion
External SOE Debt	2015	45.13	RWF billion
External SOE Debt	2016	322.43	RWF billion
External SOE Debt	2017	337.57	RWF billion
External SOE Debt	2018	363.38	RWF billion
External SOE Debt	2019	361.71	RWF billion
External SOE Debt	2020	304.12	RWF billion
External SOE Debt	2021	74.86	RWF billion
External SOE Debt	2022	46.10	RWF billion
External SOE Debt	2023	40.58	RWF billion
External SOE Debt	2024	92.42	RWF billion
External SOE Debt	2025	0.00	RWF billion
Domestic SOE Debt	2003	0.00	RWF billion
Domestic SOE Debt	2004	0.00	RWF billion
Domestic SOE Debt	2005	0.00	RWF billion
Domestic SOE Debt	2006	0.00	RWF billion
Domestic SOE Debt	2007	0.00	RWF billion
Domestic SOE Debt	2008	0.00	RWF billion
Domestic SOE Debt	2009	0.00	RWF billion
Domestic SOE Debt	2010	0.00	RWF billion
Domestic SOE Debt	2011	0.00	RWF billion
Domestic SOE Debt	2012	0.00	RWF billion
Domestic SOE Debt	2013	7.50	RWF billion
Domestic SOE Debt	2014	17.00	RWF billion
Domestic SOE Debt	2015	24.82	RWF billion
Domestic SOE Debt	2016	153.08	RWF billion
Domestic SOE Debt	2017	192.20	RWF billion
Domestic SOE Debt	2018	188.98	RWF billion
Domestic SOE Debt	2019	192.10	RWF billion
Domestic SOE Debt	2020	195.78	RWF billion
Domestic SOE Debt	2021	399.58	RWF billion
Domestic SOE Debt	2022	419.39	RWF billion
Domestic SOE Debt	2023	538.07	RWF billion
Domestic SOE Debt	2024	440.94	RWF billion
Domestic SOE Debt	2025	589.56	RWF billion
SOE Debt Total	2003	0.00	RWF billion
SOE Debt Total	2004	0.00	RWF billion
SOE Debt Total	2005	0.00	RWF billion
SOE Debt Total	2006	0.00	RWF billion
SOE Debt Total	2007	0.00	RWF billion
SOE Debt Total	2008	0.00	RWF billion
SOE Debt Total	2009	7.43	RWF billion
SOE Debt Total	2010	13.67	RWF billion
SOE Debt Total	2011	77.33	RWF billion
SOE Debt Total	2012	65.10	RWF billion
SOE Debt Total	2013	38.78	RWF billion
SOE Debt Total	2014	64.56	RWF billion
SOE Debt Total	2015	69.95	RWF billion
SOE Debt Total	2016	475.51	RWF billion
SOE Debt Total	2017	529.77	RWF billion
SOE Debt Total	2018	552.35	RWF billion
SOE Debt Total	2019	553.80	RWF billion
SOE Debt Total	2020	499.90	RWF billion
SOE Debt Total	2021	474.44	RWF billion
SOE Debt Total	2022	465.49	RWF billion
SOE Debt Total	2023	578.65	RWF billion
SOE Debt Total	2024	533.36	RWF billion
SOE Debt Total	2025	589.56	RWF billion

SOE Debt

Units USD million

Date range 2003 – 2025

Indicator	Year	Value	Unit
External	2003	0.00	USD million
External	2004	0.00	USD million
External	2005	0.00	USD million
External	2006	0.00	USD million
External	2007	0.00	USD million
External	2008	0.00	USD million
External	2009	13.00	USD million
External	2010	23.00	USD million
External	2011	128.00	USD million
External	2012	103.10	USD million
External	2013	46.68	USD million
External	2014	68.50	USD million
External	2015	60.38	USD million
External	2016	393.31	USD million
External	2017	399.49	USD million
External	2018	413.35	USD million
External	2019	392.09	USD million
External	2020	312.73	USD million
External	2021	74.15	USD million
External	2022	43.06	USD million
External	2023	32.10	USD million
External	2024	66.83	USD million
External	2025	0.00	USD million
Domestic	2003	0.00	USD million
Domestic	2004	0.00	USD million
Domestic	2005	0.00	USD million
Domestic	2006	0.00	USD million
Domestic	2007	0.00	USD million
Domestic	2008	0.00	USD million
Domestic	2009	0.00	USD million
Domestic	2010	0.00	USD million
Domestic	2011	0.00	USD million
Domestic	2012	0.00	USD million
Domestic	2013	11.19	USD million
Domestic	2014	24.48	USD million
Domestic	2015	33.21	USD million
Domestic	2016	186.73	USD million
Domestic	2017	227.45	USD million
Domestic	2018	214.97	USD million
Domestic	2019	208.23	USD million
Domestic	2020	201.32	USD million
Domestic	2021	395.78	USD million
Domestic	2022	391.69	USD million
Domestic	2023	425.71	USD million
Domestic	2024	318.83	USD million
Domestic	2025	404.34	USD million
SOE Debt Total	2003	0.00	USD million
SOE Debt Total	2004	0.00	USD million
SOE Debt Total	2005	0.00	USD million
SOE Debt Total	2006	0.00	USD million
SOE Debt Total	2007	0.00	USD million
SOE Debt Total	2008	0.00	USD million
SOE Debt Total	2009	13.00	USD million
SOE Debt Total	2010	23.00	USD million
SOE Debt Total	2011	128.00	USD million
SOE Debt Total	2012	103.10	USD million
SOE Debt Total	2013	57.87	USD million
SOE Debt Total	2014	92.98	USD million
SOE Debt Total	2015	93.59	USD million
SOE Debt Total	2016	580.03	USD million
SOE Debt Total	2017	626.94	USD million
SOE Debt Total	2018	628.32	USD million
SOE Debt Total	2019	600.32	USD million
SOE Debt Total	2020	514.05	USD million
SOE Debt Total	2021	469.93	USD million
SOE Debt Total	2022	434.75	USD million
SOE Debt Total	2023	457.82	USD million
SOE Debt Total	2024	385.66	USD million
SOE Debt Total	2025	404.34	USD million

External Private Debt Stock

Units RWF billion

Date range 2003 – 2025

Indicator	Year	Value	Unit
Private External Debt	2003	21.70	RWF billion
Private External Debt	2004	21.62	RWF billion
Private External Debt	2005	17.37	RWF billion
Private External Debt	2006	17.40	RWF billion
Private External Debt	2007	16.08	RWF billion
Private External Debt	2008	19.08	RWF billion
Private External Debt	2009	49.86	RWF billion
Private External Debt	2010	127.56	RWF billion
Private External Debt	2011	121.06	RWF billion
Private External Debt	2012	200.16	RWF billion
Private External Debt	2013	212.21	RWF billion
Private External Debt	2014	216.38	RWF billion
Private External Debt	2015	194.87	RWF billion
Private External Debt	2016	1278.78	RWF billion
Private External Debt	2017	1369.50	RWF billion
Private External Debt	2018	1559.80	RWF billion
Private External Debt	2019	1790.18	RWF billion
Private External Debt	2020	2087.11	RWF billion
Private External Debt	2021	2455.08	RWF billion
Private External Debt	2022	2736.82	RWF billion
Private External Debt	2023	3689.27	RWF billion
Private External Debt	2024	4491.58	RWF billion
Private External Debt	2025	4976.17	RWF billion

External Private Debt by Sector

Units USD million

Date range 2003 – 2025

Indicator	Year	Value	Unit
Bank	2003	14.48	USD million
Bank	2004	13.77	USD million
Bank	2005	7.45	USD million
Bank	2006	10.13	USD million
Bank	2007	13.33	USD million
Bank	2008	15.53	USD million
Bank	2009	70.68	USD million
Bank	2010	176.17	USD million
Bank	2011	80.15	USD million
Bank	2012	126.80	USD million
Bank	2013	126.68	USD million
Bank	2014	124.65	USD million
Bank	2015	104.29	USD million
Bank	2016	216.63	USD million
Bank	2017	196.00	USD million
Bank	2018	179.48	USD million
Bank	2019	174.14	USD million
Bank	2020	253.58	USD million
Bank	2021	299.44	USD million
Bank	2022	269.07	USD million
Bank	2023	309.22	USD million
Bank	2024	285.92	USD million
Bank	2025	320.44	USD million
Non-Bank	2003	22.90	USD million
Non-Bank	2004	24.36	USD million
Non-Bank	2005	23.92	USD million
Non-Bank	2006	21.59	USD million
Non-Bank	2007	16.22	USD million
Non-Bank	2008	18.61	USD million
Non-Bank	2009	16.61	USD million
Non-Bank	2010	38.41	USD million
Non-Bank	2011	120.23	USD million
Non-Bank	2012	190.20	USD million
Non-Bank	2013	190.02	USD million
Non-Bank	2014	186.97	USD million
Non-Bank	2015	156.44	USD million
Non-Bank	2016	1343.26	USD million
Non-Bank	2017	1424.71	USD million
Non-Bank	2018	1594.84	USD million
Non-Bank	2019	1766.40	USD million
Non-Bank	2020	1892.61	USD million
Non-Bank	2021	2132.29	USD million
Non-Bank	2022	2287.00	USD million
Non-Bank	2023	2609.67	USD million
Non-Bank	2024	2961.82	USD million
Non-Bank	2025	3092.40	USD million
Total	2003	37.39	USD million
Total	2004	38.14	USD million
Total	2005	31.37	USD million
Total	2006	31.72	USD million
Total	2007	29.55	USD million
Total	2008	34.15	USD million
Total	2009	87.29	USD million
Total	2010	214.58	USD million
Total	2011	200.38	USD million
Total	2012	317.00	USD million
Total	2013	316.70	USD million
Total	2014	311.62	USD million
Total	2015	260.73	USD million
Total	2016	1559.89	USD million
Total	2017	1620.72	USD million
Total	2018	1774.32	USD million
Total	2019	1940.54	USD million
Total	2020	2146.19	USD million
Total	2021	2431.73	USD million
Total	2022	2556.08	USD million
Total	2023	2918.89	USD million
Total	2024	3247.74	USD million
Total	2025	3412.84	USD million

External Private Debt by Original Maturity

Units USD million

Date range 2003 – 2025

Indicator	Year	Value	Unit
Short Term	2003	0.00	USD million
Short Term	2004	0.00	USD million
Short Term	2005	0.00	USD million
Short Term	2006	0.00	USD million
Short Term	2007	0.00	USD million
Short Term	2008	0.00	USD million
Short Term	2009	0.00	USD million
Short Term	2010	0.00	USD million
Short Term	2011	0.00	USD million
Short Term	2012	0.00	USD million
Short Term	2013	0.00	USD million
Short Term	2014	0.00	USD million
Short Term	2015	0.00	USD million
Short Term	2016	119.75	USD million
Short Term	2017	106.13	USD million
Short Term	2018	151.09	USD million
Short Term	2019	156.32	USD million
Short Term	2020	152.07	USD million
Short Term	2021	215.92	USD million
Short Term	2022	188.01	USD million
Short Term	2023	260.23	USD million
Short Term	2024	317.23	USD million
Short Term	2025	330.70	USD million
Medium Term	2003	0.00	USD million
Medium Term	2004	0.00	USD million
Medium Term	2005	0.00	USD million
Medium Term	2006	0.00	USD million
Medium Term	2007	0.00	USD million
Medium Term	2008	0.00	USD million
Medium Term	2009	0.00	USD million
Medium Term	2010	0.00	USD million
Medium Term	2011	0.00	USD million
Medium Term	2012	0.00	USD million
Medium Term	2013	0.00	USD million
Medium Term	2014	0.00	USD million
Medium Term	2015	0.00	USD million
Medium Term	2016	0.00	USD million
Medium Term	2017	0.00	USD million
Medium Term	2018	0.00	USD million
Medium Term	2019	0.00	USD million
Medium Term	2020	0.00	USD million
Medium Term	2021	0.00	USD million
Medium Term	2022	1.00	USD million
Medium Term	2023	0.00	USD million
Medium Term	2024	0.00	USD million
Medium Term	2025	0.00	USD million
Long Term	2003	37.39	USD million
Long Term	2004	38.14	USD million
Long Term	2005	31.37	USD million
Long Term	2006	31.72	USD million
Long Term	2007	29.55	USD million
Long Term	2008	34.15	USD million
Long Term	2009	87.29	USD million
Long Term	2010	214.58	USD million
Long Term	2011	200.38	USD million
Long Term	2012	317.00	USD million
Long Term	2013	316.70	USD million
Long Term	2014	311.62	USD million
Long Term	2015	260.73	USD million
Long Term	2016	1440.15	USD million
Long Term	2017	1514.58	USD million
Long Term	2018	1623.23	USD million
Long Term	2019	1784.23	USD million
Long Term	2020	1994.12	USD million
Long Term	2021	2215.81	USD million
Long Term	2022	2368.06	USD million
Long Term	2023	2658.65	USD million
Long Term	2024	2930.51	USD million
Long Term	2025	3082.13	USD million
Total	2003	37.39	USD million
Total	2004	38.14	USD million
Total	2005	31.37	USD million
Total	2006	31.72	USD million
Total	2007	29.55	USD million
Total	2008	34.15	USD million
Total	2009	87.29	USD million
Total	2010	214.58	USD million
Total	2011	200.38	USD million
Total	2012	317.00	USD million
Total	2013	316.70	USD million
Total	2014	311.62	USD million
Total	2015	260.73	USD million
Total	2016	1559.89	USD million
Total	2017	1620.72	USD million
Total	2018	1774.32	USD million
Total	2019	1940.54	USD million
Total	2020	2146.19	USD million
Total	2021	2431.73	USD million
Total	2022	2557.08	USD million
Total	2023	2918.89	USD million
Total	2024	3247.74	USD million
Total	2025	3412.84	USD million

External Private Debt by Instrument Type

Units USD million

Date range 2003 – 2025

Indicator	Year	Value	Unit
Loans	2003	37.39	USD million
Loans	2004	38.14	USD million
Loans	2005	31.37	USD million
Loans	2006	31.72	USD million
Loans	2007	29.55	USD million
Loans	2008	34.15	USD million
Loans	2009	87.29	USD million
Loans	2010	214.58	USD million
Loans	2011	200.38	USD million
Loans	2012	317.00	USD million
Loans	2013	316.70	USD million
Loans	2014	311.62	USD million
Loans	2015	260.73	USD million
Loans	2016	1559.89	USD million
Loans	2017	1620.72	USD million
Loans	2018	1774.32	USD million
Loans	2019	1940.54	USD million
Loans	2020	2146.19	USD million
Loans	2021	2431.73	USD million
Loans	2022	2557.08	USD million
Loans	2023	2918.89	USD million
Loans	2024	3247.74	USD million
Loans	2025	3412.84	USD million

Gross Domestic Product at Current Prices

Units RWF billion

Date range 2003 – 2025

Indicator	Year	Value	Unit
GDP	2003	992.60	RWF billion
GDP	2004	1206.23	RWF billion
GDP	2005	1439.83	RWF billion
GDP	2006	1716.00	RWF billion
GDP	2007	2065.00	RWF billion
GDP	2008	2623.00	RWF billion
GDP	2009	3097.00	RWF billion
GDP	2010	3411.00	RWF billion
GDP	2011	4084.00	RWF billion
GDP	2012	4642.00	RWF billion
GDP	2013	4988.00	RWF billion
GDP	2014	5548.00	RWF billion
GDP	2015	6081.00	RWF billion
GDP	2016	6768.00	RWF billion
GDP	2017	7621.00	RWF billion
GDP	2018	8310.00	RWF billion
GDP	2019	9461.00	RWF billion
GDP	2020	9893.00	RWF billion
GDP	2021	11125.00	RWF billion
GDP	2022	14164.00	RWF billion
GDP	2023	17176.00	RWF billion
GDP	2024	19918.00	RWF billion
GDP	2025	23387.00	RWF billion

Gross Domestic Product at Current Prices

Units USD million

Date range 2003 – 2025

Indicator	Year	Value	Unit
GDP	2003	1846.16	USD million
GDP	2004	2088.90	USD million
GDP	2005	2581.16	USD million
GDP	2006	3110.33	USD million
GDP	2007	3775.45	USD million
GDP	2008	4796.57	USD million
GDP	2009	5449.65	USD million
GDP	2010	5849.57	USD million
GDP	2011	6881.64	USD million
GDP	2012	7651.06	USD million
GDP	2013	7815.79	USD million
GDP	2014	8235.18	USD million
GDP	2015	8276.89	USD million
GDP	2016	8691.27	USD million
GDP	2017	9253.96	USD million
GDP	2018	9642.52	USD million
GDP	2019	10335.10	USD million
GDP	2020	10164.07	USD million
GDP	2021	11048.42	USD million
GDP	2022	13308.89	USD million
GDP	2023	14001.20	USD million
GDP	2024	14201.74	USD million
GDP	2025	16371.97	USD million

Exchange Rate

Units RWF per USD

Date range 2003 – 2025

Indicator	Year	Value	Unit
Period Average	2003	537.65	RWF per USD
Period Average	2004	577.45	RWF per USD
Period Average	2005	557.82	RWF per USD
Period Average	2006	551.71	RWF per USD
Period Average	2007	546.96	RWF per USD
Period Average	2008	546.85	RWF per USD
Period Average	2009	568.29	RWF per USD
Period Average	2010	583.12	RWF per USD
Period Average	2011	600.29	RWF per USD
Period Average	2012	614.29	RWF per USD
Period Average	2013	646.64	RWF per USD
Period Average	2014	682.44	RWF per USD
Period Average	2015	719.54	RWF per USD
Period Average	2016	787.23	RWF per USD
Period Average	2017	831.43	RWF per USD
Period Average	2018	861.08	RWF per USD
Period Average	2019	901.20	RWF per USD
Period Average	2020	945.19	RWF per USD
Period Average	2021	990.36	RWF per USD
Period Average	2022	1032.99	RWF per USD
Period Average	2023	1168.11	RWF per USD
Period Average	2024	1322.73	RWF per USD
Period Average	2025	1428.48	RWF per USD
End of Period	2003	580.28	RWF per USD
End of Period	2004	566.86	RWF per USD
End of Period	2005	553.72	RWF per USD
End of Period	2006	548.65	RWF per USD
End of Period	2007	544.22	RWF per USD
End of Period	2008	558.90	RWF per USD
End of Period	2009	571.24	RWF per USD
End of Period	2010	594.45	RWF per USD
End of Period	2011	604.14	RWF per USD
End of Period	2012	631.41	RWF per USD
End of Period	2013	670.08	RWF per USD
End of Period	2014	694.37	RWF per USD
End of Period	2015	747.41	RWF per USD
End of Period	2016	819.79	RWF per USD
End of Period	2017	845.00	RWF per USD
End of Period	2018	879.10	RWF per USD
End of Period	2019	922.52	RWF per USD
End of Period	2020	972.48	RWF per USD
End of Period	2021	1009.60	RWF per USD
End of Period	2022	1070.71	RWF per USD
End of Period	2023	1263.93	RWF per USD
End of Period	2024	1382.99	RWF per USD
End of Period	2025	1458.08	RWF per USD

External Public Debt by Currency Composition (USD Equivalent)

Units USD million

Date range 2003 – 2025

Indicator	Year	Value	Unit
AED	2003	1.83	USD million
AED	2004	1.85	USD million
AED	2005	1.84	USD million
AED	2006	1.85	USD million
AED	2007	1.85	USD million
AED	2008	1.85	USD million
AED	2009	1.85	USD million
AED	2010	1.85	USD million
AED	2011	2.99	USD million
AED	2012	2.97	USD million
AED	2013	2.96	USD million
AED	2014	2.98	USD million
AED	2015	2.98	USD million
AED	2016	2.92	USD million
AED	2017	2.80	USD million
AED	2018	2.68	USD million
AED	2019	2.56	USD million
AED	2020	2.44	USD million
AED	2021	2.32	USD million
AED	2022	4.38	USD million
AED	2023	7.54	USD million
AED	2024	12.14	USD million
AED	2025	14.02	USD million
CAD	2003	3.75	USD million
CAD	2004	1.33	USD million
CAD	2005	1.38	USD million
CAD	2006	0.00	USD million
CAD	2007	0.00	USD million
CAD	2008	0.00	USD million
CAD	2009	0.00	USD million
CAD	2010	0.00	USD million
CAD	2011	0.00	USD million
CAD	2012	0.00	USD million
CAD	2013	0.00	USD million
CAD	2014	0.00	USD million
CAD	2015	0.00	USD million
CAD	2016	0.00	USD million
CAD	2017	0.00	USD million
CAD	2018	0.00	USD million
CAD	2019	0.00	USD million
CAD	2020	0.00	USD million
CAD	2021	0.00	USD million
CAD	2022	0.00	USD million
CAD	2023	0.00	USD million
CAD	2024	0.00	USD million
CAD	2025	0.00	USD million
CHF	2003	6.82	USD million
CHF	2004	7.49	USD million
CHF	2005	6.43	USD million
CHF	2006	0.00	USD million
CHF	2007	0.00	USD million
CHF	2008	0.00	USD million
CHF	2009	0.00	USD million
CHF	2010	0.00	USD million
CHF	2011	0.00	USD million
CHF	2012	0.00	USD million
CHF	2013	0.00	USD million
CHF	2014	0.00	USD million
CHF	2015	0.00	USD million
CHF	2016	0.00	USD million
CHF	2017	0.00	USD million
CHF	2018	0.00	USD million
CHF	2019	0.00	USD million
CHF	2020	0.00	USD million
CHF	2021	0.00	USD million
CHF	2022	0.00	USD million
CHF	2023	0.00	USD million
CHF	2024	0.00	USD million
CHF	2025	0.00	USD million
CNY	2003	17.40	USD million
CNY	2004	16.87	USD million
CNY	2005	16.01	USD million
CNY	2006	16.56	USD million
CNY	2007	0.00	USD million
CNY	2008	0.00	USD million
CNY	2009	6.17	USD million
CNY	2010	20.41	USD million
CNY	2011	28.60	USD million
CNY	2012	31.30	USD million
CNY	2013	56.80	USD million
CNY	2014	84.87	USD million
CNY	2015	117.13	USD million
CNY	2016	129.43	USD million
CNY	2017	157.86	USD million
CNY	2018	159.76	USD million
CNY	2019	194.69	USD million
CNY	2020	258.04	USD million
CNY	2021	333.30	USD million
CNY	2022	334.03	USD million
CNY	2023	347.06	USD million
CNY	2024	361.48	USD million
CNY	2025	380.39	USD million
DKK	2003	2.18	USD million
DKK	2004	2.41	USD million
DKK	2005	2.08	USD million
DKK	2006	0.00	USD million
DKK	2007	0.00	USD million
DKK	2008	0.00	USD million
DKK	2009	0.00	USD million
DKK	2010	0.00	USD million
DKK	2011	0.00	USD million
DKK	2012	0.00	USD million
DKK	2013	0.00	USD million
DKK	2014	0.00	USD million
DKK	2015	0.00	USD million
DKK	2016	0.00	USD million
DKK	2017	0.00	USD million
DKK	2018	0.00	USD million
DKK	2019	0.00	USD million
DKK	2020	0.00	USD million
DKK	2021	0.00	USD million
DKK	2022	0.00	USD million
DKK	2023	0.00	USD million
DKK	2024	0.00	USD million
DKK	2025	0.00	USD million
EUR	2003	170.23	USD million
EUR	2004	189.68	USD million
EUR	2005	150.22	USD million
EUR	2006	77.62	USD million
EUR	2007	106.05	USD million
EUR	2008	124.43	USD million
EUR	2009	126.03	USD million
EUR	2010	113.68	USD million
EUR	2011	118.28	USD million
EUR	2012	121.47	USD million
EUR	2013	122.67	USD million
EUR	2014	105.66	USD million
EUR	2015	92.17	USD million
EUR	2016	86.59	USD million
EUR	2017	95.72	USD million
EUR	2018	161.14	USD million
EUR	2019	278.02	USD million
EUR	2020	534.92	USD million
EUR	2021	657.43	USD million
EUR	2022	779.19	USD million
EUR	2023	1149.54	USD million
EUR	2024	1557.33	USD million
EUR	2025	2082.67	USD million
GBP	2003	0.26	USD million
GBP	2004	0.74	USD million
GBP	2005	0.65	USD million
GBP	2006	0.00	USD million
GBP	2007	0.00	USD million
GBP	2008	0.00	USD million
GBP	2009	0.00	USD million
GBP	2010	0.00	USD million
GBP	2011	0.00	USD million
GBP	2012	4.74	USD million
GBP	2013	6.01	USD million
GBP	2014	5.64	USD million
GBP	2015	5.34	USD million
GBP	2016	4.37	USD million
GBP	2017	4.72	USD million
GBP	2018	4.43	USD million
GBP	2019	4.53	USD million
GBP	2020	4.65	USD million
GBP	2021	4.57	USD million
GBP	2022	80.58	USD million
GBP	2023	91.21	USD million
GBP	2024	96.43	USD million
GBP	2025	127.90	USD million
JPY	2003	42.09	USD million
JPY	2004	56.17	USD million
JPY	2005	45.68	USD million
JPY	2006	16.30	USD million
JPY	2007	18.48	USD million
JPY	2008	32.70	USD million
JPY	2009	47.12	USD million
JPY	2010	58.55	USD million
JPY	2011	61.66	USD million
JPY	2012	55.63	USD million
JPY	2013	45.12	USD million
JPY	2014	39.02	USD million
JPY	2015	38.66	USD million
JPY	2016	39.55	USD million
JPY	2017	48.73	USD million
JPY	2018	60.55	USD million
JPY	2019	115.92	USD million
JPY	2020	155.46	USD million
JPY	2021	193.06	USD million
JPY	2022	260.32	USD million
JPY	2023	295.99	USD million
JPY	2024	417.36	USD million
JPY	2025	502.21	USD million
KWD	2003	31.66	USD million
KWD	2004	32.31	USD million
KWD	2005	32.47	USD million
KWD	2006	32.68	USD million
KWD	2007	34.49	USD million
KWD	2008	34.22	USD million
KWD	2009	34.63	USD million
KWD	2010	36.65	USD million
KWD	2011	44.68	USD million
KWD	2012	44.64	USD million
KWD	2013	45.95	USD million
KWD	2014	48.75	USD million
KWD	2015	52.72	USD million
KWD	2016	54.45	USD million
KWD	2017	57.20	USD million
KWD	2018	60.03	USD million
KWD	2019	63.21	USD million
KWD	2020	65.59	USD million
KWD	2021	71.10	USD million
KWD	2022	71.42	USD million
KWD	2023	69.20	USD million
KWD	2024	65.60	USD million
KWD	2025	70.93	USD million
LYD	2003	0.33	USD million
LYD	2004	0.35	USD million
LYD	2005	0.33	USD million
LYD	2006	0.34	USD million
LYD	2007	0.36	USD million
LYD	2008	0.35	USD million
LYD	2009	0.36	USD million
LYD	2010	0.35	USD million
LYD	2011	0.35	USD million
LYD	2012	0.35	USD million
LYD	2013	0.35	USD million
LYD	2014	0.37	USD million
LYD	2015	0.32	USD million
LYD	2016	0.30	USD million
LYD	2017	0.32	USD million
LYD	2018	0.32	USD million
LYD	2019	0.31	USD million
LYD	2020	0.33	USD million
LYD	2021	0.10	USD million
LYD	2022	0.09	USD million
LYD	2023	0.09	USD million
LYD	2024	0.09	USD million
LYD	2025	0.08	USD million
NOK	2003	2.30	USD million
NOK	2004	2.59	USD million
NOK	2005	2.30	USD million
NOK	2006	0.00	USD million
NOK	2007	0.00	USD million
NOK	2008	0.00	USD million
NOK	2009	0.00	USD million
NOK	2010	0.00	USD million
NOK	2011	0.00	USD million
NOK	2012	0.00	USD million
NOK	2013	0.00	USD million
NOK	2014	0.00	USD million
NOK	2015	0.00	USD million
NOK	2016	0.00	USD million
NOK	2017	0.00	USD million
NOK	2018	0.00	USD million
NOK	2019	0.00	USD million
NOK	2020	0.00	USD million
NOK	2021	0.00	USD million
NOK	2022	0.00	USD million
NOK	2023	0.00	USD million
NOK	2024	0.00	USD million
NOK	2025	0.00	USD million
SAR	2003	29.79	USD million
SAR	2004	29.79	USD million
SAR	2005	29.63	USD million
SAR	2006	33.74	USD million
SAR	2007	42.58	USD million
SAR	2008	44.04	USD million
SAR	2009	44.54	USD million
SAR	2010	44.90	USD million
SAR	2011	44.28	USD million
SAR	2012	42.69	USD million
SAR	2013	41.45	USD million
SAR	2014	40.70	USD million
SAR	2015	43.85	USD million
SAR	2016	46.11	USD million
SAR	2017	52.21	USD million
SAR	2018	56.46	USD million
SAR	2019	64.55	USD million
SAR	2020	73.98	USD million
SAR	2021	77.71	USD million
SAR	2022	75.99	USD million
SAR	2023	78.13	USD million
SAR	2024	76.14	USD million
SAR	2025	75.90	USD million
SDR	2003	992.54	USD million
SDR	2004	1099.60	USD million
SDR	2005	973.72	USD million
SDR	2006	246.33	USD million
SDR	2007	299.35	USD million
SDR	2008	344.45	USD million
SDR	2009	368.26	USD million
SDR	2010	376.12	USD million
SDR	2011	512.80	USD million
SDR	2012	552.31	USD million
SDR	2013	587.89	USD million
SDR	2014	723.35	USD million
SDR	2015	977.47	USD million
SDR	2016	1260.33	USD million
SDR	2017	1709.06	USD million
SDR	2018	1933.71	USD million
SDR	2019	2223.54	USD million
SDR	2020	2837.09	USD million
SDR	2021	2823.90	USD million
SDR	2022	2843.52	USD million
SDR	2023	3139.77	USD million
SDR	2024	3270.45	USD million
SDR	2025	3409.52	USD million
SEK	2003	2.75	USD million
SEK	2004	3.01	USD million
SEK	2005	2.50	USD million
SEK	2006	0.00	USD million
SEK	2007	0.00	USD million
SEK	2008	0.00	USD million
SEK	2009	0.00	USD million
SEK	2010	0.00	USD million
SEK	2011	0.00	USD million
SEK	2012	0.00	USD million
SEK	2013	0.00	USD million
SEK	2014	0.00	USD million
SEK	2015	0.00	USD million
SEK	2016	0.00	USD million
SEK	2017	0.00	USD million
SEK	2018	0.00	USD million
SEK	2019	0.00	USD million
SEK	2020	0.00	USD million
SEK	2021	0.00	USD million
SEK	2022	0.00	USD million
SEK	2023	0.00	USD million
SEK	2024	0.00	USD million
SEK	2025	0.00	USD million
USD	2003	155.13	USD million
USD	2004	227.64	USD million
USD	2005	221.50	USD million
USD	2006	54.06	USD million
USD	2007	66.61	USD million
USD	2008	83.61	USD million
USD	2009	107.56	USD million
USD	2010	124.79	USD million
USD	2011	171.10	USD million
USD	2012	206.16	USD million
USD	2013	646.48	USD million
USD	2014	709.45	USD million
USD	2015	733.83	USD million
USD	2016	828.54	USD million
USD	2017	881.38	USD million
USD	2018	1013.77	USD million
USD	2019	1124.41	USD million
USD	2020	1310.87	USD million
USD	2021	1642.57	USD million
USD	2022	1678.27	USD million
USD	2023	2118.97	USD million
USD	2024	2620.27	USD million
USD	2025	2791.61	USD million
KRW	2003	0.00	USD million
KRW	2004	0.00	USD million
KRW	2005	0.00	USD million
KRW	2006	0.00	USD million
KRW	2007	0.00	USD million
KRW	2008	0.00	USD million
KRW	2009	0.00	USD million
KRW	2010	0.00	USD million
KRW	2011	0.00	USD million
KRW	2012	0.00	USD million
KRW	2013	0.00	USD million
KRW	2014	0.00	USD million
KRW	2015	0.00	USD million
KRW	2016	0.00	USD million
KRW	2017	0.00	USD million
KRW	2018	9.29	USD million
KRW	2019	13.74	USD million
KRW	2020	15.79	USD million
KRW	2021	23.16	USD million
KRW	2022	28.12	USD million
KRW	2023	32.92	USD million
KRW	2024	31.06	USD million
KRW	2025	49.03	USD million

Category	Indicator	Description
Debt Statistics (% of GDP)	Debt Statistics (% of GDP, end-of-period exchange rate)	Debt indicators expressed as a share of GDP using the exchange rate prevailing at the end of the reporting period.
	Public & Publicly Guaranteed Debt (% of GDP)	Total public sector debt plus debt guaranteed by government, expressed as a percentage of GDP. It includes central government debt, local government debt, extra-budgetary units, and State-Owned Enterprise debt.
	Public & Publicly Guaranteed Debt + Private Debt (% of GDP)	Combined stock of public, publicly guaranteed, and private external debt relative to GDP.
	Private Debt (% of GDP)	Outstanding debt owed by private sector entities as a percentage of GDP.
	Domestic Debt (% of GDP)	Debt issued and repayable within the domestic market, expressed relative to GDP.
	Central Government External Debt (% of GDP)	External obligations directly owed by the central government as a share of GDP.
	SOEs’ Domestic + External Debt (% of GDP)	Total debt of State-Owned Enterprises, both domestic and external, expressed as a percentage of GDP.
	External Debt, Public + Private (% of GDP)	Total external liabilities of both public and private sectors relative to GDP.
Public & Publicly Guaranteed Debt	Public & Publicly Guaranteed Debt (Billion FRW)	Total stock of public and government-guaranteed debt measured in billions of Rwandan Francs.
	Central Government External Debt	External debt obligations contracted directly by the central government.
	Foreign Currency (Million USD)	External debt denominated in foreign currencies, expressed in millions of USD equivalent.
	Foreign Currency (Million USD), excluding IMF SCF	Foreign currency debt excluding liabilities under the IMF Standby Credit Facility.
	Foreign Currency (Billion FRW)	Foreign currency-denominated debt converted into billions of Rwandan Francs.
	SOEs’ Loans (Billion FRW)	Outstanding loans contracted by State-Owned Enterprises, expressed in billions of FRW.
General Government Domestic Debt	General Government Domestic Debt	Total debt owed by the general government to domestic creditors.
	Domestic Debt (Billion FRW)	Total domestic debt stock measured in billions of Rwandan Francs.
	Medium and Long Term	Portion of domestic debt with original maturity exceeding one year.
	Short Term	Portion of domestic debt with original maturity of one year or less.
	Domestic Debt (Million USD)	Domestic debt converted into millions of USD equivalent.
Central Government External Debt	Central Government External Debt (Million USD)	Outstanding external debt of the central government measured in millions of USD.
	Short Term	External debt maturing within one year.
	Medium Term	External debt with maturity between one and five years.
	Long Term	External debt with maturity exceeding five years.
Creditor Category	Multilaterals	Debt owed to multilateral institutions such as the World Bank or African Development Bank.
	Bilaterals	Debt contracted from foreign governments or their agencies.
	International Financial Institutions	Debt owed to international financial institutions.
	Banks	Debt owed to commercial or international banks.
	Individuals	Debt instruments held by individual investors or persons.
Currency Composition	UAE Dirham (AED)	Debt denominated in UAE Dirham.
	Canadian Dollar (CAD)	Debt denominated in Canadian Dollars.
	Swiss Franc (CHF)	Debt denominated in Swiss Francs.
	Chinese Yuan (CNY)	Debt denominated in Chinese Yuan Renminbi.
	Danish Krone (DKK)	Debt denominated in Danish Kroner.
	Euro (EUR)	Debt denominated in Euros.
	British Pound (GBP)	Debt denominated in Pounds Sterling.
	Japanese Yen (JPY)	Debt denominated in Japanese Yen.
	Kuwaiti Dinar (KWD)	Debt denominated in Kuwaiti Dinars.
	Libyan Dinar (LYD)	Debt denominated in Libyan Dinars.
	Norwegian Krone (NOK)	Debt denominated in Norwegian Kroner.
	Saudi Riyal (SAR)	Debt denominated in Saudi Riyals.
	Special Drawing Rights (SDR)	Debt denominated in IMF Special Drawing Rights.
	Swedish Krona (SEK)	Debt denominated in Swedish Kronor.
	US Dollar (USD)	Debt denominated in US Dollars.
	Korean Won (KRW)	Debt denominated in South Korean Won.
Interest Rate Type	Fixed Rate	Debt carrying a constant interest rate over its lifetime.
Interest Rate Type	Floating Rate	Debt whose interest rate changes periodically based on a reference benchmark.
Amortization Schedule	Amortization Schedule	Planned repayment timetable of principal amounts over the life of the debt.
	Short-Term External Public Debt	Principal repayments due on short-term external public debt.
	Medium-Term External Public Debt	Principal repayments due on medium-term external public debt.
	Long-Term External Public Debt (USD)	Principal repayments due on long-term external public debt expressed in USD.
External Interest Service	External Interest Service	Interest payments due on external debt obligations.
	On Short-Term Debt	Interest payments associated with short-term external debt.
	On Medium-Term Debt	Interest payments associated with medium-term external debt.
	On Long-Term Debt (USD)	Interest payments associated with long-term external debt expressed in USD.
Private External Debt	Private External Debt (FRW)	External liabilities owed by private sector entities, expressed in Rwandan Francs.
	Bank	External debt contracted by banking institutions.
	Non-Bank	External debt contracted by non-bank private entities.
	Short Term	Debt repayable within one year.
	Medium Term	Debt repayable between one and five years.
	Long Term	Debt repayable after more than five years.
	Loans and Bonds	Borrowed funds obtained through loan agreements or debt securities issued to investors.
	Non-Resident Deposits	Deposits placed in domestic financial institutions by non-residents.
Macroeconomic Indicators	Gross Domestic Product, Current Prices (Billion FRW)	Total value of goods and services produced within the economy at current market prices, expressed in billions of FRW.
	Gross Domestic Product, Current Prices (Million USD)	GDP converted into millions of USD at prevailing exchange rates.
	Exchange Rate, Period Average	Average exchange rate observed during the reporting period.
	Exchange Rate, End of Period	Exchange rate prevailing on the last day of the reporting period.
Memo Items	SOEs’ Debt (FRW)	Total State-Owned Enterprise debt expressed in Rwandan Francs.
	SOEs’ Debt (USD)	Total State-Owned Enterprise debt expressed in USD equivalent.
	External SOE Debt	Portion of SOEs’ debt owed to foreign creditors.
	Domestic SOE Debt (USD)	Domestic SOE debt converted into USD equivalent.
	Domestic SOE Debt (FRW)	Domestic SOE debt expressed in Rwandan Francs.

Frequently Asked Questions This section provides answers to common questions on Rwanda’s debt managemnet

What is public debt?

Public debt refers to money borrowed by the Government of Rwanda to finance development projects, infrastructure, social services, and other government priorities when revenues alone are insufficient.

What are the main types of public debt in Rwanda?

Rwanda’s public debt mainly consists of:

External debt: loans and financing obtained from foreign governments, international institutions, and external markets.
Domestic debt: borrowing within Rwanda through government securities and other domestic financing instruments.

Why does Rwanda borrow money?

The Government borrows to support national development objectives such as:

Infrastructure development
Education and health services
Energy projects
Economic transformation initiatives
Budget financing needs

Who manages Rwanda's public debt?

Public debt is managed by the Government through the debt management function under Rwanda’s Ministry responsible for finance, in collaboration with relevant institutions involved in public financial management.

What is debt management?

Debt management is the process of raising financing and managing debt obligations in a way that meets government financing needs at the lowest possible cost while maintaining an acceptable level of risk.

What is debt sustainability?

Debt sustainability refers to the government's ability to meet current and future debt obligations without requiring exceptional financing measures or negatively affecting economic growth.

How is Rwanda's debt sustainability assessed?

Debt sustainability is assessed using indicators such as:

Debt-to-GDP ratio
Debt service-to-revenue ratio
External debt indicators
Stress tests and economic projections

What is the Debt-to-GDP ratio?

The Debt-to-GDP ratio measures the size of public debt relative to the country's economic output. It helps assess whether debt levels remain manageable over time.

What is debt service?

Debt service refers to payments made to creditors, including:

Principal repayments
Interest payments
Fees and other associated charges

Who are Rwanda's creditors?

Rwanda's creditors may include:

Multilateral institutions
Bilateral development partners
Commercial lenders
Domestic investors and financial institutions

What is concessional borrowing?

Concessional borrowing refers to loans provided on favorable terms, typically involving lower interest rates, longer repayment periods, and grace periods.

What is non-concessional borrowing?

Non-concessional borrowing refers to financing obtained at market or near-market conditions, generally with higher financing costs.

How often is debt information updated?

Debt statistics and reports are generally updated periodically according to reporting schedules and data availability.

Can citizens access information on Rwanda's public debt?

Yes. Public debt information is normally shared through published reports, statistical bulletins, budget documents, and government publications.

What is a Medium-Term Debt Management Strategy?

A Medium-Term Debt Management Strategy, or MTDS, is a framework that guides government borrowing decisions over the medium term by balancing financing costs and risks.

What risks are associated with public debt?

Major debt risks include:

Exchange rate risk
Interest rate risk
Refinancing risk
Liquidity risk
Contingent liabilities

What are contingent liabilities?

Contingent liabilities are potential obligations that may become actual liabilities if specific events occur, such as guarantees issued to public institutions or projects.

Why is transparency important in debt management?

Transparency promotes accountability, strengthens investor confidence, improves public understanding, and supports sound financial management.

How does debt contribute to economic development?

When used effectively, debt can finance investments that improve infrastructure, stimulate growth, create jobs, and strengthen public services.

Where can I obtain more information on Rwanda's public debt?

Additional information can be found through official government publications, debt reports, statistical bulletins, and public financial management resources.

Downloads

File Name	File Type	Frequency	Last Publication Date	Download
Debt_Stock_End_2025.xlsx	Excel	annual	07 Sep 2026	Download