Rwanda: Secondary income receipts (BoP, current US$)

Key figures

What the numbers say

In 2024, Rwanda's secondary income receipts (BoP, current US$) fell 11.6% on 2023 (from US$959.93 million to US$848.66 million).

Across the 13 yearly changes before that (2011 to 2023), the average change was +4.6% and a typical year strayed about 17.8% from that (the standard deviation). This year's change was 0.9 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 36.9% in 2011 and the biggest yearly fall was 19% in 2014. 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$40.76 million a year. A straight line explains 66% 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 15th 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

• Mali — 12th of 29: US$1.11 billion
• Liberia — 13th of 29: US$1.09 billion
• Burkina Faso — 14th of 29: US$1.01 billion
• Niger — 16th of 29: US$821.57 million
• Guinea — 17th of 29: US$660.88 million
• Fiji — 18th of 29: US$620.04 million

What this measures

Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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

Secondary income receipts (BoP, current US$) in nearby economies

• Angola — US$23.42 million (2025)
• Benin — US$410.58 million (2023)
• Botswana — US$2.15 billion (2025)
• Burkina Faso — US$1.01 billion (2024)
• Burundi — US$539.23 million (2025)
• Cabo Verde — US$560.39 million (2025)
• Cameroon — US$1.33 billion (2024)
• Comoros — US$358.3 million (2023)
• Congo, Dem. Rep. — US$4.23 billion (2025)
• Congo, Rep. — US$17.12 million (2021)

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 secondary income receipts (BoP, current US$)?

US$848.66 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2010?

It is up 33.18% from US$637.24 million in 2010 (2.07% a year on average, compounded). The highest value was US$1.06 billion in 2022 and the lowest US$612.4 million in 2016.

How does Rwanda rank?

15th highest of 29 economies with data for 2024.

Is the latest change in secondary income receipts (BoP, current US$) unusual for Rwanda?

In 2024, Rwanda's secondary income receipts (BoP, current US$) fell 11.6% on 2023 (from US$959.93 million to US$848.66 million). Across the 13 yearly changes before that (2011 to 2023), the average change was +4.6% and a typical year strayed about 17.8% from that (the standard deviation). This year's change was 0.9 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.CURR.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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