Net current transfers in Rwanda

Rwanda: Net current transfers was 13.7% in 2011. β–² Rising

Latest (2011)
13.7%
Change on year
up 17.6%
World rank
6th
of 41 countries
All-time high
14.2%
in 2005
All-time low
9.5%
in 2006
Years of data
7
2005–2011

Net current transfers in Rwanda, 2005–2011

0510152005200820112005: 14.2 % of GDP2006: 9.5 % of GDP2007: 11.1 % of GDP2008: 11.5 % of GDP2009: 11.5 % of GDP2010: 11.7 % of GDP2011: 13.7 % of GDP

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator. Measured in % of GDP.

Analysis

The most recent figure for net current transfers in Rwanda is 13.7%, measured in 2011.

That represents a change of up 17.6% on the previous year and down 3.1% over ten years.

That places Rwanda 6th out of 41 countries with data for 2011, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.5% 9.5% 14.2% 5
2010s 12.7% 11.7% 13.7% 2

Countries ranked near Rwanda

  1. 3 Cape Verde 18.9% compare
  2. 4 Ethiopia 17.0% compare
  3. 5 Gambia 14.6% compare
  4. 7 Senegal 12.1% compare
  5. 8 Burundi 11.3% compare
  6. 9 Togo 11.1% compare

See the full ranking of 41 places β†’

More trade data for Rwanda

All data for Rwanda β†’

Frequently asked questions

What is net current transfers in Rwanda?
Net current transfers in Rwanda was 13.7% in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator.
What is the highest net current transfers recorded in Rwanda?
The highest recorded value was 14.2% in 2005.
What is the lowest net current transfers recorded in Rwanda?
The lowest recorded value was 9.5% in 2006.
How does Rwanda rank for net current transfers?
Rwanda ranks 6th out of 41 countries with data for 2011.
Is net current transfers rising or falling in Rwanda?
Over the last ten years it is down 3.1%. The long-run trend across the full record is rising.
Where does this Rwanda data come from?
The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator, published as part of Net current transfers (% of GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net current transfers (% of GDP)
Unit
% of GDP
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
41 places, 272 data points, 2005–2011
Last refreshed

Net current transfers are 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. Data are in current U.S. dollars.