Rwanda Government Debt To GDP

Rwanda recorded a Government Debt to GDP of 25.10 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Rwanda is reported by the National Bank of Rwanda. From 1995 until 2012, Rwanda Government Debt To GDP averaged 67.8 Percent reaching an all time high of 119.5 Percent in December of 1995 and a record low of 21.4 Percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Rwanda Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
25.10 23.40 119.50 21.40 27.00 | 2014/06 1995 - 2012 Percent Yearly

TO

Rwanda Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Credit Rating 30.00 [+]
Government Debt To GDP 25.10 2012-12-31 23.40 119.50 21.40 27.00 2014-06-30 Percent [+]
Government Budget -1.90 2012-06-30 -2.40 -0.10 -2.40 -3.70 2014-06-30 Percent of GDP [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Rwanda Inflation Rate at 3.43 Percent  
The inflation rate in Rwanda was recorded at 3.43 percent in March of 2014. Inflation Rate in Rwanda is reported by the National Institute of Statistics Rwanda.
Rwanda Current Account to GDP at -10.50 Percent  
Rwanda recorded a Current Account deficit of 10.50 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Rwanda is reported by the National Institute of Statistics Rwanda.
Rwanda GDP Annual Growth Rate at 3.90 Percent  
The Gross Domestic Product (GDP) in Rwanda expanded 3.90 percent in the third quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Rwanda is reported by the National Institute of Statistics Rwanda.
Rwanda Personal Income Tax Rate at 30.00 percent  
The Personal Income Tax Rate in Rwanda stands at 30 percent. Personal Income Tax Rate in Rwanda is reported by the Rwanda Revenue Authority.
Rwanda Interest Rate at 7.00 Percent  
The benchmark interest rate in Rwanda was last recorded at 7 percent. Interest Rate in Rwanda is reported by the National Bank of Rwanda.
Rwanda Corporate Tax Rate at 30.00 percent  
The Corporate Tax Rate in Rwanda stands at 30 percent. Corporate Tax Rate in Rwanda is reported by the Rwanda Revenue Authority.
Rwanda Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Rwanda stands at 18 percent. Sales Tax Rate in Rwanda is reported by the Rwanda Revenue Authority.
Rwanda Balance of Trade at -72088.00 Million RWF  
Rwanda recorded a trade deficit of 72088 Million RWF in September of 2013. Balance of Trade in Rwanda is reported by the National Bank of Rwanda.
Rwanda Current Account at -812.76 USD Million  
Rwanda recorded a Current Account deficit of 812.76 USD Million in 2012. Current Account in Rwanda is reported by the National Institute of Statistics Rwanda.
Rwanda Government Budget at -1.90 Percent of GDP  
Rwanda recorded a Government Budget deficit equal to 1.90 percent of the country's Gross Domestic Product in 2011/2012 fiscal year. Government Budget in Rwanda is reported by the National Bank of Rwanda.
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