Rwanda's net financial flows, multilateral (NFL, current US$) was US$712.78 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 205.37% from US$233.42 million in 2014 (11.81% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$712.78 million | 2024 |
| Five years earlier | US$523.73 million | 2019 |
| Ten years earlier | US$233.42 million | 2014 |
| Highest | US$826.08 million | 2023 |
| Lowest | US$63,000 | 1970 |
| Average since 2015 | US$477.7 million | 2015–2024 |
| First recorded | US$63,000 |
What the numbers say
In 2024, Rwanda's net financial flows, multilateral (NFL, current US$) fell 13.7% on 2023 (from US$826.08 million to US$712.78 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +38.7% and a typical year strayed about 107.1% from that (the standard deviation). This year's change was 0.5 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 518.5% in 1972 and the biggest yearly fall was 66.3% in 2003. 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$42.51 million a year. A straight line explains 48% 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 26th 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.
| Value | Year | |
|---|---|---|
| Rwanda | US$712.78 million | 2024 |
| Low income | US$4.46 billion | 2024 |
Closest to Rwanda in the 2024 ranking
What this measures
Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 55 values
| Year | Net financial flows, multilateral (NFL, current US$) |
|---|---|
| 2024 | 712,778,000 |
| 2023 | 826,075,000 |
| 2022 | 376,090,000 |
| 2021 | 303,450,000 |
| 2020 | 624,513,000 |
| 2019 | 523,732,000 |
| 2018 | 429,307,000 |
| 2017 | 349,259,000 |
| 2016 | 322,788,000 |
| 2015 | 309,001,000 |
Net financial flows, multilateral (NFL, current US$) in nearby economies
- Angola — US$1 billion (2024)
- Benin — US$804.28 million (2024)
- Botswana — US$304.19 million (2024)
- Burkina Faso — US$457.86 million (2024)
- Burundi — −US$2.86 million (2024)
- Cabo Verde — US$40.61 million (2024)
- Cameroon — US$717.9 million (2024)
- Central African Republic — −US$6.35 million (2024)
- Chad — −US$29.66 million (2024)
- Comoros
More economic policy & debt data for Rwanda
- General government final consumption expenditure (current US$) — 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
Questions people ask
- What is Rwanda's net financial flows, multilateral (NFL, current US$)?
- US$712.78 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 1.13 million% from US$63,000 in 1970 (18.87% a year on average, compounded). The highest value was US$826.08 million in 2023 and the lowest US$63,000 in 1970.
- How does Rwanda rank?
- 26th highest of 118 economies with data for 2024.
- Is the latest change in net financial flows, multilateral (NFL, current US$) unusual for Rwanda?
- In 2024, Rwanda's net financial flows, multilateral (NFL, current US$) fell 13.7% on 2023 (from US$826.08 million to US$712.78 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +38.7% and a typical year strayed about 107.1% from that (the standard deviation). This year's change was 0.5 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.NFL.MLAT.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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