Skip to content

Economy of Egypt vs Rwanda compared: GDP & Debt

Updated on by Georank team

Egypt has a GDP of $389B compared to $14.3B for Rwanda, ranking 41/197 and 144/197 by economy size, respectively.

Egypt has $354B in government debt (90.9% of GDP), compared to $9.58B (67.2% of GDP) in Rwanda.

Egypt vs Rwanda GDP by year

Egypt
Rwanda
1x
Year GDP, current $
Egypt Rwanda
2024 $389,059,911,004 $14,251,642,235
2023 $395,926,075,163 $14,331,722,703
2022 $476,747,720,365 $13,316,161,002
2021 $424,671,765,456 $11,078,787,090
2020 $383,817,841,547 $10,174,386,857
2019 $318,678,815,490 $10,349,300,277
2018 $262,588,632,527 $9,637,904,521
2017 $248,362,771,739 $9,252,833,891
2016 $332,441,717,791 $8,695,272,058
2015 $329,366,576,819 $8,543,760,200
2014 $305,595,408,895 $8,238,966,124
2013 $288,434,108,527 $7,819,964,030
2012 $279,116,666,667 $7,654,761,050
2011 $235,989,672,978 $6,884,913,658
2010 $218,983,666,062 $6,124,756,654
2009 $189,147,005,445 $5,674,476,969
2008 $162,818,181,818 $5,179,854,065
2007 $130,437,828,371 $4,070,507,895
2006 $107,426,086,957 $3,319,784,539
2005 $89,660,339,660 $2,933,819,766
2004 $78,782,467,532 $2,376,496,067
2003 $80,288,461,538 $2,138,237,279
2002 $85,146,067,416 $1,966,003,468
2001 $96,684,636,119 $1,966,600,715
2000 $99,838,543,960 $2,068,836,754
1999 $90,710,704,807 $2,157,108,263
1998 $84,828,807,556 $1,989,343,546
1997 $78,436,578,171 $1,851,558,197
1996 $67,629,716,981 $1,382,334,879
1995 $60,159,245,060 $1,293,535,193
1994 $51,897,983,393 $753,636,370
1993 $46,578,631,453 $1,971,525,712
1992 $41,855,986,519 $2,029,026,962
1991 $37,387,836,491 $1,911,600,237
1990 $42,978,914,311 $2,550,185,679
1989 $39,756,299,050 $2,405,022,593
1988 $34,980,124,929 $2,395,492,687
1987 $40,455,616,654 $2,157,432,668
1986 $41,253,507,951 $1,944,710,684
1985 $39,053,502,251 $1,715,626,331
1984 $33,971,188,992 $1,587,413,084
1983 $30,966,239,814 $1,479,687,587
1982 $27,655,172,414 $1,407,243,139
1981 $22,136,081,081 $1,407,062,527
1980 $21,669,908,176 $1,254,765,642
1979 $18,020,571,429 $1,109,346,131
1978 $14,811,704,063 $905,709,076
1977 $14,400,806,876 $746,650,613
1976 $13,315,988,083 $637,753,853
1975 $11,632,178,869 $571,863,500
1974 $9,228,963,225 $308,458,423
1973 $10,098,534,613 $290,746,157
1972 $9,299,638,056 $246,457,838
1971 $8,609,283,346 $222,952,504
1970 $8,042,200,452 $219,900,006
1969 $6,524,455,206 $188,700,037
1968 $5,932,242,991 $172,200,018
1967 $5,605,484,299 $159,560,018
1966 $5,278,005,612 $124,525,703
1965 $4,948,667,540 $148,799,980
1964 $4,709,245,762 $129,999,994
1963 $4,187,146,232 $128,000,000
1962 $4,035,462,027 $125,000,008
1961 $4,494,575,611 $122,000,016
1960 $4,206,270,352 $119,000,024

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/egypt/rwanda | CC BY

GDP per capita in Egypt vs Rwanda by year

Egypt
GDP per capita

GDP per capita, PPP
Rwanda
GDP per capita

GDP per capita, PPP
1x
Year Current $
Egypt Rwanda
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,338 $19,094 $1,000 $3,711
2023 $3,457 $18,525 $1,027 $3,399
2022 $4,233 $17,527 $975 $3,099
2021 $3,827 $15,579 $830 $2,733
2020 $3,511 $15,232 $779 $2,285
2019 $2,963 $13,364 $810 $2,336
2018 $2,485 $12,329 $772 $2,125
2017 $2,395 $11,125 $758 $1,968
2016 $3,271 $10,666 $730 $1,866
2015 $3,307 $10,903 $734 $1,781
2014 $3,133 $10,256 $725 $1,678
2013 $3,026 $10,511 $705 $1,512
2012 $2,996 $10,342 $707 $1,455
2011 $2,591 $8,988 $651 $1,413
2010 $2,455 $8,838 $594 $1,314
2009 $2,162 $8,465 $564 $1,241
2008 $1,896 $8,191 $528 $1,191
2007 $1,548 $7,641 $426 $1,079
2006 $1,299 $7,079 $357 $1,002
2005 $1,106 $6,554 $324 $914
2004 $991 $6,207 $269.5 $832
2003 $1,031 $5,928 $249 $775
2002 $1,117 $5,753 $234 $760
2001 $1,295 $5,650 $237.3 $670
2000 $1,366 $5,452 $251.9 $609
1999 $1,268 $5,121 $264.7 $554
1998 $1,213 $4,869 $246.2 $528
1997 $1,146 $4,661 $238.7 $500
1996 $1,009 $4,434 $206 $499
1995 $916 $4,235 $228 $514
1994 $807 $4,048 $111 $311
1993 $740 $3,895 $247 $521
1992 $681 $3,784 $264.1 $575
1991 $623 $3,627 $254 $542
1990 $736 $3,566 $346 $549
1989 $701 - $335 -
1988 $634 - $344 -
1987 $754 - $320 -
1986 $790 - $297.7 -
1985 $770 - $271.6 -
1984 $690 - $259.9 -
1983 $648 - $250.6 -
1982 $596 - $246.4 -
1981 $490 - $254.6 -
1980 $493 - $234.4 -
1979 $421 - $213.8 -
1978 $355 - $179.9 -
1977 $353 - $152.7 -
1976 $335 - $134.4 -
1975 $299.2 - $124.1 -
1974 $243.1 - $68.9 -
1973 $272.2 - $66.9 -
1972 $256.5 - $58.4 -
1971 $243 - $54.4 -
1970 $232.3 - $55.2 -
1969 $193 - $48.9 -
1968 $179.8 - $46 -
1967 $174.1 - $44 -
1966 $168.1 - $35.4 -
1965 $161.6 - $43.5 -
1964 $157.7 - $39 -
1963 $143.9 - $39.3 -
1962 $142.4 - $39.2 -
1961 $162.8 - $39.3 -
1960 $156.4 - $39.4 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/egypt/rwanda | CC BY

Egypt's GDP per capita is $3,338, ranking 138/197, compared to $1,000 in Rwanda, ranking 178/197. Adjusted for purchasing power (GDP per capita PPP), Egypt ranks 99th at $19,094, while Rwanda ranks 168th at $3,711.

Economic indicators

Egypt Rwanda
Gross domestic product
$389B
2024
$14.3B
2024
GDP rank
41/197
2024
144/197
2024
GDP growth
2.4%
2023-2024
8.89%
2023-2024
GDP per capita
$3,338
2024
$1,000
2024
GDP per capita rank
138/197
2024
178/197
2024
GDP per capita, PPP
$19,094
2024
$3,711
2024
GDP per capita PPP rank
99/197
2024
168/197
2024
Government debt
$354B
2024
$9.58B
2024
Debt-to-GDP ratio
90.9%
2024
67.2%
2024
Government debt per person
$3,036
2024
$672
2024
Government debt per person rank
99/185
2024
157/185
2024
Average annual personal income after taxes
$1,948
2026
$2,194
2026
Market capitalization of domestic companies
$42.6B
2024
$2.75B
2024
Number of billionaires
5
2025
n/a
Income share by richest 10%
24.6%
2021
33.4%
2023
Income share by poorest 10%
4.2%
2021
3.1%
2023
Government expenditure, % of GDP
22.9%
2024
28.8%
2024
Consumer prices inflation
28.3%
2023-2024
1.77%
2023-2024
Central bank interest rate
21%
2025
6.75%
2025
Unemployment rate
5.95%
2024
11.3%
2024
Population
120697176
14975051

Spending and national debt comparison by year

Egypt
Spending

Debt
Rwanda
Spending

Debt
1x
Year % of GDP
Egypt Rwanda
Government spending Government debt Government spending Government debt
2024 22.9% 90.9% 28.8% 67.2%
2023 22.7% 95.9% 27% 63.4%
2022 24.9% 88.5% 29.7% 60.9%
2021 25.5% 89.9% 31.6% 67.3%
2020 25.7% 86.2% 33.5% 68.7%
2019 26.9% 80.1% 28.2% 53.6%
2018 28.6% 87.9% 26.4% 49.2%
2017 30.6% 97.8% 25.1% 45.6%
2016 31% 91.6% 25.1% 41.1%
2015 31.3% 83.8% 26.6% 33.1%
2014 33.9% 80.9% 27.5% 29.1%
2013 32.9% 79.8% 26.2% 26.7%
2012 29.2% 69.9% 24.6% 19.1%
2011 30.5% 72.8% 24.7% 18.7%
2010 31.4% 69.6% 23.8% 18.8%
2009 32.5% 69.5% 22.3% 18.5%
2008 32.7% 66.8% 22.5% 18.3%
2007 31.3% 76.3% 22.4% 22.1%
2006 34.5% 85.9% 20.6% 22.5%
2005 30.3% 98.3% 19.9% 58.9%
2004 30.1% 96.5% 17.9% 80.9%
2003 30.6% 97.1% 18.5% 79.5%
2002 30.9% 85.8% 20.5% 92%
2001 27.9% 79.1% 19.1% 84%
2000 26% 71.7% 18.2% 86%
1999 26.3% 72.4% 22.4% 78.4%
1998 - 73.8% 16.4% 70.1%
1997 - - 17% 72.2%
1996 - - 19.5% 83.4%
1995 - - 18% 100.8%
1994 - - 13.3% -
1993 - - 20.3% -
1992 - - 21.5% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/egypt/rwanda | CC BY

In 2024, Egypt's government spending was $89.2B, accounting for 22.9% of its GDP, while Rwanda spent $4.1B, or 28.8% of GDP.

Debt-to-GDP ratio is 90.9% in Egypt and 67.2% in Rwanda, ranking 31/185 and 65/185, respectively.

Government deficit by year

Deficit/surplus
Egypt

Rwanda
1x
Year Deficit/surplus, % of GDP
Egypt Rwanda
2024 -7.12% -6.57%
2023 -5.77% -5.04%
2022 -5.74% -5.74%
2021 -6.96% -7%
2020 -7.47% -9.54%
2019 -7.6% -5.08%
2018 -8.97% -2.57%
2017 -9.9% -2.52%
2016 -11.8% -2.27%
2015 -10.4% -2.68%
2014 -10.7% -3.92%
2013 -12.3% -1.27%
2012 -9.47% -2.38%
2011 -9.6% -0.86%
2010 -7.45% -0.64%
2009 -6.2% 0.26%
2008 -6.05% 0.83%
2007 -4.9% -1.56%
2006 -7.35% -0.03%
2005 -6.69% 1.12%
2004 -5.76% 2.27%
2003 -5.73% -1.23%
2002 -6.77% -2.03%
2001 -1.07% -1.8%
2000 1.32% -0.22%
1999 2.14% -4.41%
1998 - -2.59%
1997 - -2.22%
1996 - -5.01%
1995 - -2.04%
1994 - -9.54%
1993 - -6.6%
1992 - -7.21%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/egypt/rwanda | CC BY

In 2024, Egypt's government deficit, the difference between spending and revenue, was $27.7B, equivalent to 7.12% of GDP. This compares to Rwanda's deficit of $936M, or 6.57% of GDP.

Over the past 26 years, Egypt recorded a fiscal deficit in 24 of those years, while Rwanda ran a deficit in 22 years. On average, Egypt posted an annual deficit equal to 6.86% of GDP, compared to deficit of 2.49% of GDP for Rwanda.

Inflation comparison by year

Inflation
Egypt

Rwanda
1x
Year Consumer prices inflation
Egypt Rwanda
2024 28.3% 1.77%
2023 33.9% 19.8%
2022 13.9% 17.7%
2021 5.21% -0.39%
2020 5.04% 9.85%
2019 9.15% 3.35%
2018 14.4% -0.31%
2017 29.5% 8.28%
2016 13.8% 7.17%
2015 10.4% 2.53%
2014 10.1% 2.35%
2013 9.47% 5.92%
2012 7.11% 10.3%
2011 10.1% 3.08%
2010 11.3% -0.25%
2009 11.8% 12.9%
2008 18.3% 15.4%
2007 9.32% 9.08%
2006 7.64% 8.88%
2005 4.87% 9.01%
2004 11.3% 12.3%
2003 4.51% 7.45%
2002 2.74% 1.99%
2001 2.27% 3.34%
2000 2.68% 3.9%
1999 3.08% -2.41%
1998 3.87% 6.21%
1997 4.63% 12%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/egypt/rwanda | CC BY

Over the past 28 years, Egypt has recorded an average annual inflation rate of 10.7%, compared with 6.83% in Rwanda. In 2024, inflation was 28.3% in Egypt and 1.77% in Rwanda.

Top exports between countries

Egypt
Export category Export value
Processed food, beverages & tobacco $23.4M
Chemicals & pharma $14.5M
Textiles & consumer goods $5.96M
Metals $5.11M
Machinery & equipment $5.09M
Raw materials & minerals $2.74M
Raw agricultural goods $576K
Wood & paper products $555K
Miscellaneous $191K
Animal & marine products $4K
Rwanda
Export category Export value
Animal & marine products $42K
Raw agricultural goods $7K
Textiles & consumer goods $6K
Machinery & equipment $3K
Raw materials & minerals $2K
Chemicals & pharma $1K
Miscellaneous $1K
Wood & paper products $1K

Balance of trade

Egypt Rwanda
Current account balance
-$22.3B
2024
-$1.81B
2024
Current account balance ranking
184/190
2024
140/190
2024
Current account balance, % of GDP
-5.72%
2024
-12.7%
2024
Goods imports
$72.9B
2024
$5.55B
2024
Goods exports
$34.8B
2024
$3.2B
2024
Service imports
$27.5B
2024
$991M
2024
Service exports
$29.6B
2024
$1.08B
2024
Imports of goods and services, % of GDP
23.2%
2024
39.1%
2024
Exports of goods and services, % of GDP
16.4%
2024
30.8%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Egypt Rwanda
Economic freedom 50.3 56.5
Economic freedom ranking 160/197 121/197
Property rights 35.5 60.3
Government integrity 27.1 53.9
Judicial effectiveness 24 27.5
Tax burden 85.7 80.6
Government spending 83.4 75.7
Fiscal health 21.8 37.5
Business freedom 51.4 60.1
Labor freedom 43.1 49.1
Monetary freedom 56 72.3
Trade freedom 60.2 61.8
Investment freedom 65 60
Financial freedom 50 40

Economic freedom comparison by year

Egypt
Rwanda
1x
Year Economic freedom index
Egypt Rwanda
2026 50.3 56.5
2025 50.9 54.8
2024 49.7 51.6
2023 49.6 52.2
2022 49.1 57.1
2021 55.7 68.3
2020 54 70.9
2019 52.5 71.1
2018 53.4 69.1
2017 52.6 67.6
2016 56 63.1
2015 55.2 64.8
2014 52.9 64.7
2013 54.8 64.1
2012 57.9 64.9
2011 59.1 62.7
2010 59 59.1
2009 58 54.2
2008 58.5 54.2
2007 54.4 52.4
2006 53.2 52.8
2005 55.8 51.7
2004 55.5 53.3
2003 55.3 47.8
2002 54.1 50.4
2001 51.5 45.4
2000 51.7 42.3
1999 58 39.8
1998 55.8 39.1
1997 54.5 38.3
1996 52 -
1995 45.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/egypt/rwanda | CC BY

The Economic Freedom Index for Egypt is 50.3, ranking 160/197, compared to 56.5 for Rwanda, ranking 121/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Egypt Rwanda
Services, % of GDP
48.9%
2024
47.6%
2024
Industry, % of GDP
32.6%
2024
21%
2024
Agriculture, forestry, and fishing, % of GDP
13.7%
2024
24.6%
2024
GNI, Atlas method
$409B
2024
$14.8B
2024
GNI per capita, PPP
$18,230
2024
$3,620
2024
Total reserves including gold
$44.9B
2024
$2.41B
2024
Total reserves ranking
44/177
2024
123/177
2024
Net foreign direct investment
-$46.1B
2024
-$560M
2024
Net inflows of foreign direct investment
$46.6B
2024
$573M
2024
Net outflows of foreign direct investment
$508M
2024
$13.2M
2024
Servicing debt to the IMF, % of GNI
8.86%
2024
3.09%
2024
Poverty at national poverty lines
33.5%
2021
27.4%
2023
Gross capital formation, % of GDP
13%
2024
25.9%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/egypt/rwanda | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2020–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.