Rwanda's personal transfers, receipts (current US$, BoP) was US$502.43 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 187.29% from US$174.88 million in 2014 (11.13% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$502.43 million | 2024 |
| Five years earlier | US$252.03 million | 2019 |
| Ten years earlier | US$174.88 million | 2014 |
| Highest | US$504.69 million | 2023 |
| Lowest | US$98.21 million | 2010 |
| Average since 2015 | US$315.47 million | 2015–2024 |
| First recorded | US$98.21 million |
What the numbers say
In 2024, Rwanda's personal transfers, receipts (current US$, BoP) fell 0.4% on 2023 (from US$504.69 million to US$502.43 million).
Across the 13 yearly changes before that (2011 to 2023), the average change was +15% and a typical year strayed about 21.2% from that (the standard deviation). This year's change was 0.7 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 69.2% in 2011 and the biggest yearly fall was 12.4% 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$43.46 million a year. A straight line explains 94% 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 16th highest value of the 27 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$502.43 million | 2024 |
| World | US$567.33 billion | 2023 |
| Sub-Saharan Africa | US$54.16 billion | 2024 |
| Low income | US$11.87 billion | 2023 |
Closest to Rwanda in the 2024 ranking
- Cameroon — 12th of 27: US$593.65 million
- Niger — 13th of 27: US$553.36 million
- Burkina Faso — 14th of 27: US$537.52 million
- Fiji — 16th of 27: US$391.28 million
- Sierra Leone — 17th of 27: US$319.76 million
- Mauritius — 18th of 27: US$285.5 million
What this measures
Personal transfers are current transfers, in cash or in kind, received by resident households from non-resident households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 15 values
| Year | Personal transfers, receipts (current US$, BoP) |
|---|---|
| 2024 | 502,427,929 |
| 2023 | 504,694,175 |
| 2022 | 461,190,981 |
| 2021 | 378,551,947 |
| 2020 | 274,262,637 |
| 2019 | 252,031,582 |
| 2018 | 253,409,182 |
| 2017 | 207,584,259 |
| 2016 | 167,326,841 |
| 2015 | 153,183,116 |
Personal transfers, receipts (current US$, BoP) in nearby economies
- Angola — US$13.53 million (2025)
- Benin — US$313.86 million (2023)
- Botswana — US$143.36 million (2025)
- Burkina Faso — US$537.52 million (2024)
- Burundi — US$240.45 million (2025)
- Cabo Verde — US$338.3 million (2025)
- Cameroon — US$593.65 million (2024)
- Comoros — US$301.04 million (2023)
- Congo, Dem. Rep. — US$3.22 billion (2025)
- Congo, Rep.
More economic policy & debt data for Rwanda
- General government final consumption expenditure (current US$) — 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 personal transfers, receipts (current US$, BoP)?
- US$502.43 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is up 411.6% from US$98.21 million in 2010 (12.37% a year on average, compounded). The highest value was US$504.69 million in 2023 and the lowest US$98.21 million in 2010.
- How does Rwanda rank?
- 16th highest of 27 economies with data for 2024.
- Is the latest change in personal transfers, receipts (current US$, BoP) unusual for Rwanda?
- In 2024, Rwanda's personal transfers, receipts (current US$, BoP) fell 0.4% on 2023 (from US$504.69 million to US$502.43 million). Across the 13 yearly changes before that (2011 to 2023), the average change was +15% and a typical year strayed about 21.2% from that (the standard deviation). This year's change was 0.7 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 BX.TRF.PWKR.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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