Rwanda: Trade in services (% of GDP)

Key figures

What the numbers say

In 2024, Rwanda's trade in services (% of GDP) rose 0.28 percentage points on 2023 (from 13.43% to 13.71%).

Across the 13 yearly changes before that (2011 to 2023), the average change was −0.19 percentage points and a typical year strayed about 3.37 percentage points 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 5.57 percentage points in 2015 and the biggest yearly fall was 9.54 percentage points in 2020. 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 downward, about 1.21 percentage points a year. A straight line explains 64% 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 30 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

• Jordan — 11th of 30: 27.21%
• Solomon Islands — 12th of 30: 24.06%
• Bhutan — 13th of 30: 15.42%
• Nicaragua — 15th of 30: 13.22%
• Guinea — 16th of 30: 12.87%
• Tanzania — 17th of 30: 12.17%

What this measures

Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

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

All 15 values

Trade in services (% of GDP) in nearby economies

• Angola — 7.02% (2025)
• Benin — 10.17% (2023)
• Botswana — 11.79% (2025)
• Burkina Faso — 9.09% (2024)
• Burundi — 16.48% (2025)
• Cabo Verde — 42.18% (2025)
• Cameroon — 7.9% (2024)
• Comoros — 21.95% (2023)
• Congo, Dem. Rep. — 6.11% (2025)
• Congo, Rep. — 13.13% (2021)
• Côte d'Ivoire — 9.01% (2024)

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 trade in services (% of GDP)?

13.71% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2010?

It is down 2.24 percentage points from 15.95% in 2010. The highest value was 21.23% in 2016 and the lowest 9.93% in 2020.

How does Rwanda rank?

15th highest of 30 economies with data for 2024.

Is the latest change in trade in services (% of GDP) unusual for Rwanda?

In 2024, Rwanda's trade in services (% of GDP) rose 0.28 percentage points on 2023 (from 13.43% to 13.71%). Across the 13 yearly changes before that (2011 to 2023), the average change was −0.19 percentage points and a typical year strayed about 3.37 percentage points 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 BG.GSR.NFSV.GD.ZS, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) 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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