Share the statistic on social media channels or embed the statistic in your website using "Embed Code", where available.
Share chart
Embed chart Embed copied!Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook
Net lending/borrowing, also referred to as the overall balance, is a measure of a country's fiscal position, expressed as a percentage of its Gross Domestic Product (GDP). According to the International Monetary Fund (IMF), it indicates the difference between government revenues and expenditures, including any borrowing or lending to other sectors.
Key Takeaways
Rwanda's fiscal trends reflect a challenging post-conflict recovery and subsequent economic progress. The 1990s saw deep deficits, peaking at -9.5% in 1994 during the genocide. Economic stabilization and donor support brought significant improvement, with occasional surpluses in the 2000s, such as 2.3% in 2004.
However, the pandemic reversed gains, widening the deficit to -9.5% in 2020. Projections suggest narrowing deficits to -2.4% by 2029, supported by continued economic growth and improved revenue mobilization.
Connect with our expert team for immediate assistance or comprehensive market analysis. We are always ready to support your business needs.
