Rwanda's fiscal trends reflect a challenging post-conflict recovery and subsequent economic progress. The 1990s saw deep deficits, peaking at -9.5% in 1994 during the genocide. Economic stabilization and donor support brought significant improvement, with occasional surpluses in the 2000s, such as 2.3% in 2004.
However, the pandemic reversed gains, widening the deficit to -9.5% in 2020. Projections suggest narrowing deficits to -2.4% by 2029, supported by continued economic growth and improved revenue mobilization.
For a deeper dive into the topic, explore Rwanda’s mortality rate, Rwanda’s military spending, Rwanda’s annual GDP growth rate.