Rwanda's fiscal trends reflect a challenging post-conflict recovery and subsequent economic progress. The 1990s saw deep deficits, peaking at - in 1994 during the genocide. Economic stabilization and donor support brought significant improvement, with occasional surpluses in the 2000s, such as in 2004.
However, the pandemic reversed gains, widening the deficit to - in 2020. Projections suggest narrowing deficits to - 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.