Rwanda: Goods imports (current US$, BoP)

Key figures

What the numbers say

In 2024, Rwanda's goods imports (current US$, BoP) rose 14.7% on 2023 (from US$4.83 billion to US$5.55 billion).

Across the 13 yearly changes before that (2011 to 2023), the average change was +12.9% and a typical year strayed about 13.4% from that (the standard deviation). This year's change was 0.1 standard deviations above 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 44.8% in 2011 and the biggest yearly fall was 3.7% in 2015. 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$399.02 million a year. A straight line explains 90% 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 14th highest value of the 29 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

• Namibia — 11th of 29: US$6.77 billion
• Mauritius — 12th of 29: US$6.35 billion
• Burkina Faso — 13th of 29: US$5.82 billion
• Mali — 15th of 29: US$5.49 billion
• Papua New Guinea — 16th of 29: US$4.69 billion
• Bahamas, The — 17th of 29: US$4.6 billion

What this measures

Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 15 values

Goods imports (current US$, BoP) in nearby economies

• Angola — US$15.52 billion (2025)
• Benin — US$4.65 billion (2023)
• Botswana — US$6.13 billion (2025)
• Burkina Faso — US$5.82 billion (2024)
• Burundi — US$1.1 billion (2025)
• Cabo Verde — US$1.29 billion (2025)
• Cameroon — US$7.77 billion (2024)
• Comoros — US$298.67 million (2023)
• Congo, Dem. Rep. — US$32.96 billion (2025)
• Congo, Rep. — US$2.78 billion (2021)
• Côte d'Ivoire

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 goods imports (current US$, BoP)?

US$5.55 billion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2010?

It is up 411.58% from US$1.08 billion in 2010 (12.37% a year on average, compounded). The highest value was US$5.55 billion in 2024 and the lowest US$1.08 billion in 2010.

How does Rwanda rank?

14th highest of 29 economies with data for 2024.

Is the latest change in goods imports (current US$, BoP) unusual for Rwanda?

In 2024, Rwanda's goods imports (current US$, BoP) rose 14.7% on 2023 (from US$4.83 billion to US$5.55 billion). Across the 13 yearly changes before that (2011 to 2023), the average change was +12.9% and a typical year strayed about 13.4% from that (the standard deviation). This year's change was 0.1 standard deviations above 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 BM.GSR.MRCH.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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