Rwanda: External debt stocks, short-term (DOD, current US$)

Key figures

What the numbers say

In 2024, Rwanda's external debt stocks, short-term (DOD, current US$) rose 13% on 2023 (from US$443.18 million to US$500.84 million).

Across the 30 yearly changes before that (1994 to 2023), the average change was +89% and a typical year strayed about 369.4% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 177,105% in 1977 and the biggest yearly fall was 87.1% in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about US$39.29 million a year. A straight line explains 76% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Rwanda had the 72nd highest value of the 118 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Rwanda in the 2024 ranking

• Uganda — 68th of 118: US$519.03 million
• Djibouti — 69th of 118: US$518.11 million
• Yemen, Rep. — 70th of 118: US$510.64 million
• Congo, Dem. Rep. — 72nd of 118: US$476.02 million
• Afghanistan — 73rd of 118: US$442.6 million
• Nepal — 74th of 118: US$422.88 million

What this measures

Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 49 values

External debt stocks, short-term (DOD, current US$) in nearby economies

• Angola — US$5.81 billion (2024)
• Benin — US$1.27 billion (2024)
• Botswana — US$144.67 million (2024)
• Burkina Faso — US$0 (2024)
• Burundi — US$2.65 million (2024)
• Cabo Verde — US$388.09 million (2024)
• Cameroon — US$950.9 million (2024)
• Central African Republic — US$126.47 million (2024)
• Chad — US$29.49 million (2024)
• Comoros

More economic policy & debt data for Rwanda

• General government final consumption expenditure (current US$) — US$2.47 billion (2025)
• General government final consumption expenditure (current LCU) — 3.52 trillion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$2.46 billion (2025)
• General government final consumption expenditure (constant LCU) — 3.28 trillion (2025)
• General government final consumption expenditure (% of GDP) — 15.06% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$10.54 billion (2025)
• Households and NPISHs final consumption expenditure (current LCU) — 15.06 trillion (2025)
• Households and NPISHs final consumption expenditure (constant 2015 US$)

Reading data like this

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Questions people ask

What is Rwanda's external debt stocks, short-term (DOD, current US$)?

US$500.84 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1976?

It is up 9.86 million% from US$5,079 in 1976 (27.07% a year on average, compounded). The highest value was US$500.84 million in 2024 and the lowest US$5,079 in 1976.

How does Rwanda rank?

72nd highest of 118 economies with data for 2024.

Is the latest change in external debt stocks, short-term (DOD, current US$) unusual for Rwanda?

In 2024, Rwanda's external debt stocks, short-term (DOD, current US$) rose 13% on 2023 (from US$443.18 million to US$500.84 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +89% and a typical year strayed about 369.4% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator DT.DOD.DSTC.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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