Rwanda: Use of IMF credit (DOD, current US$)

Key figures

What the numbers say

In 2024, Rwanda's use of IMF credit (DOD, current US$) rose US$288.73 million on 2023 (from US$813.44 million to US$1.1 billion).

Across the 30 yearly changes before that (1994 to 2023), the average change was +US$26.71 million and a typical year strayed about US$66.7 million from that (the standard deviation). This year's change was 3.9 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was US$288.73 million in 2024 and the biggest yearly fall was US$71.7 million in 2006. 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$97.72 million a year. A straight line explains 91% 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 53rd 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.

Closest to Rwanda in the 2024 ranking

• Benin — 49th of 118: US$1.18 billion
• Mozambique — 50th of 118: US$1.15 billion
• Gabon — 51st of 118: US$1.11 billion
• Afghanistan — 53rd of 118: US$1.09 billion
• Honduras — 54th of 118: US$1.08 billion
• Lebanon — 55th of 118: US$1.04 billion

What this measures

Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.

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

All 55 values

Use of IMF credit (DOD, current US$) in nearby economies

• Angola — US$5.06 billion (2024)
• Benin — US$1.18 billion (2024)
• Botswana — US$321.39 million (2024)
• Burkina Faso — US$656.22 million (2024)
• Burundi — US$420 million (2024)
• Cabo Verde — US$126.33 million (2024)
• Cameroon — US$2.03 billion (2024)
• Central African Republic — US$480.66 million (2024)
• Chad — US$875.13 million (2024)
• Comoros — US$61.6 million (2024)
• Congo, Dem. 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

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Questions people ask

What is Rwanda's use of IMF credit (DOD, current US$)?

US$1.1 billion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 37,517% from US$2.93 million in 1970 (11.61% a year on average, compounded). The highest value was US$1.1 billion in 2024 and the lowest US$0 in 1971.

How does Rwanda rank?

53rd highest of 118 economies with data for 2024.

Is the latest change in use of IMF credit (DOD, current US$) unusual for Rwanda?

In 2024, Rwanda's use of IMF credit (DOD, current US$) rose US$288.73 million on 2023 (from US$813.44 million to US$1.1 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +US$26.71 million and a typical year strayed about US$66.7 million from that (the standard deviation). This year's change was 3.9 standard deviations above that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator DT.DOD.DIMF.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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