Rwanda recorded a Current Account deficit of 7.80 percent of the country's Gross Domestic Product in 2018. source: National Bank of Rwanda

Current Account to GDP in Rwanda averaged -6.63 percent from 1980 until 2018, reaching an all time high of 1.80 percent in 2004 and a record low of -15.90 percent in 2016. This page provides - Rwanda Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Rwanda Current Account to GDP - values, historical data and charts - was last updated on December of 2021.

Current Account to GDP in Rwanda is expected to reach -16.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Rwanda Current Account to GDP is projected to trend around -10.00 percent in 2021 and -8.00 percent in 2022, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Rwanda Current Account to GDP

Related Last Previous Unit Reference
Current Account to GDP -10.00 -14.40 percent of GDP Dec/20
Current Account -1234.60 -1230.87 USD Million Dec/20
Capital Flows -733.20 -402.30 USD Million Dec/19
Foreign Direct Investment 99.92 384.46 USD Million Dec/20
Rwanda Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.