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Economy of Rwanda vs Tajikistan compared: GDP & Debt

Updated on by Georank team

Rwanda has a GDP of $14.3B compared to $14.2B for Tajikistan, ranking 144/197 and 145/197 by economy size, respectively.

Rwanda has $9.58B in government debt (67.2% of GDP), compared to $3.54B (24.9% of GDP) in Tajikistan.

Rwanda vs Tajikistan GDP by year

Rwanda
Tajikistan
1x
Year GDP, current $
Rwanda Tajikistan
2024 $14,251,642,235 $14,204,575,549
2023 $14,331,722,703 $12,244,169,293
2022 $13,316,161,002 $10,713,525,200
2021 $11,078,787,090 $8,937,805,347
2020 $10,174,386,857 $8,133,963,551
2019 $10,349,300,277 $8,300,813,599
2018 $9,637,904,521 $7,764,999,999
2017 $9,252,833,891 $7,536,402,853
2016 $8,695,272,058 $6,992,416,097
2015 $8,543,760,200 $8,271,431,485
2014 $8,238,966,124 $9,112,605,459
2013 $7,819,964,030 $8,448,411,318
2012 $7,654,761,050 $7,633,036,903
2011 $6,884,913,658 $6,522,756,255
2010 $6,124,756,654 $5,642,221,099
2009 $5,674,476,969 $4,979,472,364
2008 $5,179,854,065 $5,161,299,725
2007 $4,070,507,895 $3,719,524,541
2006 $3,319,784,539 $2,830,213,849
2005 $2,933,819,766 $2,312,352,021
2004 $2,376,496,067 $2,076,176,869
2003 $2,138,237,279 $1,555,318,261
2002 $1,966,003,468 $1,221,106,220
2001 $1,966,600,715 $1,080,772,551
2000 $2,068,836,754 $860,541,842
1999 $2,157,108,263 $1,086,612,290
1998 $1,989,343,546 $1,320,199,582
1997 $1,851,558,197 $921,518,033
1996 $1,382,334,879 $1,043,654,822
1995 $1,293,535,193 $1,231,561,860
1994 $753,636,370 $1,522,001,206
1993 $1,971,525,712 $1,646,623,195
1992 $2,029,026,962 $1,908,554,572
1991 $1,911,600,237 $2,536,585,366
1990 $2,550,185,679 $2,629,395,066
1989 $2,405,022,593 -
1988 $2,395,492,687 -
1987 $2,157,432,668 -
1986 $1,944,710,684 -
1985 $1,715,626,331 -
1984 $1,587,413,084 -
1983 $1,479,687,587 -
1982 $1,407,243,139 -
1981 $1,407,062,527 -
1980 $1,254,765,642 -
1979 $1,109,346,131 -
1978 $905,709,076 -
1977 $746,650,613 -
1976 $637,753,853 -
1975 $571,863,500 -
1974 $308,458,423 -
1973 $290,746,157 -
1972 $246,457,838 -
1971 $222,952,504 -
1970 $219,900,006 -
1969 $188,700,037 -
1968 $172,200,018 -
1967 $159,560,018 -
1966 $124,525,703 -
1965 $148,799,980 -
1964 $129,999,994 -
1963 $128,000,000 -
1962 $125,000,008 -
1961 $122,000,016 -
1960 $119,000,024 -

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

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

GDP per capita in Rwanda vs Tajikistan by year

Rwanda
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Rwanda Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,000 $3,711 $1,341 $5,406
2023 $1,027 $3,399 $1,178 $4,964
2022 $975 $3,099 $1,052 $4,514
2021 $830 $2,733 $897 $3,986
2020 $779 $2,285 $834 $3,654
2019 $810 $2,336 $871 $3,460
2018 $772 $2,125 $834 $3,069
2017 $758 $1,968 $829 $3,017
2016 $730 $1,866 $789 $2,914
2015 $734 $1,781 $957 $2,975
2014 $725 $1,678 $1,082 $3,152
2013 $705 $1,512 $1,028 $2,919
2012 $707 $1,455 $952 $2,679
2011 $651 $1,413 $834 $2,456
2010 $594 $1,314 $737 $2,291
2009 $564 $1,241 $665 $2,171
2008 $528 $1,191 $703 $2,120
2007 $426 $1,079 $517 $1,966
2006 $357 $1,002 $401 $1,810
2005 $324 $914 $334 $1,673
2004 $269.5 $832 $306 $1,550
2003 $249 $775 $233.6 $1,396
2002 $234 $760 $187 $1,257
2001 $237.3 $670 $168.7 $1,139
2000 $251.9 $609 $136.9 $1,036
1999 $264.7 $554 $175 $947
1998 $246.2 $528 $213.7 $905
1997 $238.7 $500 $150.1 $855
1996 $206 $499 $172 $836
1995 $228 $514 $207 $1,006
1994 $111 $311 $261.3 $1,148
1993 $247 $521 $287.6 $1,454
1992 $264.1 $575 $338 $1,721
1991 $254 $542 $458 $2,417
1990 $346 $549 $487 $2,583
1989 $335 - - -
1988 $344 - - -
1987 $320 - - -
1986 $297.7 - - -
1985 $271.6 - - -
1984 $259.9 - - -
1983 $250.6 - - -
1982 $246.4 - - -
1981 $254.6 - - -
1980 $234.4 - - -
1979 $213.8 - - -
1978 $179.9 - - -
1977 $152.7 - - -
1976 $134.4 - - -
1975 $124.1 - - -
1974 $68.9 - - -
1973 $66.9 - - -
1972 $58.4 - - -
1971 $54.4 - - -
1970 $55.2 - - -
1969 $48.9 - - -
1968 $46 - - -
1967 $44 - - -
1966 $35.4 - - -
1965 $43.5 - - -
1964 $39 - - -
1963 $39.3 - - -
1962 $39.2 - - -
1961 $39.3 - - -
1960 $39.4 - - -

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

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

Rwanda's GDP per capita is $1,000, ranking 178/197, compared to $1,341 in Tajikistan, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), Rwanda ranks 168th at $3,711, while Tajikistan ranks 157th at $5,406.

Economic indicators

Rwanda Tajikistan
Gross domestic product
$14.3B
2024
$14.2B
2024
GDP rank
144/197
2024
145/197
2024
GDP growth
8.89%
2023-2024
8.4%
2023-2024
GDP per capita
$1,000
2024
$1,341
2024
GDP per capita rank
178/197
2024
166/197
2024
GDP per capita, PPP
$3,711
2024
$5,406
2024
GDP per capita PPP rank
168/197
2024
157/197
2024
Government debt
$9.58B
2024
$3.54B
2024
Debt-to-GDP ratio
67.2%
2024
24.9%
2024
Government debt per person
$672
2024
$335
2024
Government debt per person rank
157/185
2024
175/185
2024
Average annual personal income after taxes
$2,194
2026
$2,591
2026
Market capitalization of domestic companies
$2.75B
2024
n/a
Income share by richest 10%
33.4%
2023
28.2%
2024
Income share by poorest 10%
3.1%
2023
2.9%
2024
Government expenditure, % of GDP
28.8%
2024
27.7%
2024
Consumer prices inflation
1.77%
2023-2024
3.5%
2023-2024
Central bank interest rate
6.75%
2025
7.75%
2025
Unemployment rate
11.3%
2024
0.08%
2016
Population
14975051
11038274

Spending and national debt comparison by year

Rwanda
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Rwanda Tajikistan
Government spending Government debt Government spending Government debt
2024 28.8% 67.2% 27.7% 24.9%
2023 27% 63.4% 28% 29.9%
2022 29.7% 60.9% 27.4% 31.8%
2021 31.6% 67.3% 27.6% 42%
2020 33.5% 68.7% 29.2% 50.9%
2019 28.2% 53.6% 28.8% 43.2%
2018 26.4% 49.2% 30.9% 46.3%
2017 25.1% 45.6% 33.8% 46.3%
2016 25.1% 41.1% 32.7% 42.2%
2015 26.6% 33.1% 31.9% 35%
2014 27.5% 29.1% 27.5% 27.9%
2013 26.2% 26.7% 27.7% 29.3%
2012 24.6% 19.1% 24.7% 32.5%
2011 24.7% 18.7% 24.3% 35.5%
2010 23.8% 18.8% 25.9% 36.8%
2009 22.3% 18.5% 23.6% 36.9%
2008 22.5% 18.3% 20.2% 30.2%
2007 22.4% 22.1% 20.3% 34.3%
2006 20.6% 22.5% 21.6% 36.8%
2005 19.9% 58.9% 22.9% 45.8%
2004 17.9% 80.9% 20.2% 49.4%
2003 18.5% 79.5% 19.1% 69.8%
2002 20.5% 92% 19.1% 98.3%
2001 19.1% 84% 17.3% 99.4%
2000 18.2% 86% 18.1% 111.4%
1999 22.4% 78.4% 17.5% 107.8%
1998 16.4% 70.1% 17.1% 96.6%
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/rwanda/tajikistan | CC BY

In 2024, Rwanda's government spending was $4.1B, accounting for 28.8% of its GDP, while Tajikistan spent $3.93B, or 27.7% of GDP.

Debt-to-GDP ratio is 67.2% in Rwanda and 24.9% in Tajikistan, ranking 65/185 and 166/185, respectively.

Government deficit by year

Deficit/surplus
Rwanda

Tajikistan
1x
Year Deficit/surplus, % of GDP
Rwanda Tajikistan
2024 -6.57% 0.28%
2023 -5.04% -0.93%
2022 -5.74% -0.23%
2021 -7% -0.64%
2020 -9.54% -4.34%
2019 -5.08% -2.04%
2018 -2.57% -2.69%
2017 -2.52% -5.65%
2016 -2.27% -2.91%
2015 -2.68% -1.96%
2014 -3.92% 0.92%
2013 -1.27% -0.73%
2012 -2.38% 0.41%
2011 -0.86% 0.6%
2010 -0.64% -2.71%
2009 0.26% -0.2%
2008 0.83% 1.94%
2007 -1.56% 2.13%
2006 -0.03% 2%
2005 1.12% -2.83%
2004 2.27% -2.32%
2003 -1.23% -1.74%
2002 -2.03% -2.4%
2001 -1.8% -2.11%
2000 -0.22% -4.51%
1999 -4.41% -4.03%
1998 -2.59% -5.09%
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/rwanda/tajikistan | CC BY

In 2024, Rwanda's government deficit, the difference between spending and revenue, was $936M, equivalent to 6.57% of GDP. This compares to Tajikistan's surplus of $39.2M, or 0.28% of GDP.

Over the past 27 years, Rwanda recorded a fiscal deficit in 23 of those years, while Tajikistan ran a deficit in 20 years. On average, Rwanda posted an annual deficit equal to 2.5% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Rwanda

Tajikistan
1x
Year Consumer prices inflation
Rwanda Tajikistan
2024 1.77% 3.5%
2023 19.8% 3.7%
2022 17.7% 6.6%
2021 -0.39% 9%
2020 9.85% 8.6%
2019 3.35% 7.8%
2018 -0.31% 3.8%
2017 8.28% 7.3%
2016 7.17% 5.9%
2015 2.53% 5.8%
2014 2.35% 6.1%
2013 5.92% 5%
2012 10.3% 5.8%
2011 3.08% 12.4%
2010 -0.25% 6.5%
2009 12.9% 6.4%
2008 15.4% 20.4%
2007 9.08% 13.2%
2006 8.88% 10%
2005 9.01% 7.3%
2004 12.3% 7.2%
2003 7.45% 16.4%
2002 1.99% 12.2%
2001 3.34% 38.6%
2000 3.9% 32.9%
1999 -2.41% 27.5%
1998 6.21% 43.2%
1997 12% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Rwanda has recorded an average annual inflation rate of 6.83%, compared with 15% in Tajikistan. In 2024, inflation was 1.77% in Rwanda and 3.5% in Tajikistan.

Top exports between countries

Rwanda
Export category Export value
Raw agricultural goods $217K
Tajikistan
Export category Export value

Balance of trade

Rwanda Tajikistan
Current account balance
-$1.81B
2024
$887M
2024
Current account balance ranking
140/190
2024
54/190
2024
Current account balance, % of GDP
-12.7%
2024
+6.24%
2024
Goods imports
$5.55B
2024
$5.94B
2024
Goods exports
$3.2B
2024
$1.42B
2024
Service imports
$991M
2024
$971M
2024
Service exports
$1.08B
2024
$195M
2024
Imports of goods and services, % of GDP
39.1%
2024
48.4%
2023
Exports of goods and services, % of GDP
30.8%
2024
17.2%
2023

Economic freedom indices

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

Rwanda Tajikistan
Economic freedom 56.5 52.5
Economic freedom ranking 121/197 147/197
Property rights 60.3 28.4
Government integrity 53.9 18.5
Judicial effectiveness 27.5 10.1
Tax burden 80.6 94.2
Government spending 75.7 77
Fiscal health 37.5 98.6
Business freedom 60.1 60.6
Labor freedom 49.1 43.4
Monetary freedom 72.3 72.6
Trade freedom 61.8 72.2
Investment freedom 60 25
Financial freedom 40 30

Economic freedom comparison by year

Rwanda
Tajikistan
1x
Year Economic freedom index
Rwanda Tajikistan
2026 56.5 52.5
2025 54.8 51.5
2024 51.6 51.3
2023 52.2 50.6
2022 57.1 49.7
2021 68.3 55.2
2020 70.9 52.2
2019 71.1 55.6
2018 69.1 58.3
2017 67.6 58.2
2016 63.1 51.3
2015 64.8 52.7
2014 64.7 52
2013 64.1 53.4
2012 64.9 53.4
2011 62.7 53.5
2010 59.1 53
2009 54.2 54.6
2008 54.2 54.4
2007 52.4 53.6
2006 52.8 52.6
2005 51.7 50.4
2004 53.3 48.7
2003 47.8 46.5
2002 50.4 47.3
2001 45.4 46.8
2000 42.3 44.8
1999 39.8 41.2
1998 39.1 41.1
1997 38.3 -

Data sources: The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Rwanda is 56.5, ranking 121/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Rwanda Tajikistan
Services, % of GDP
47.6%
2024
34.7%
2023
Industry, % of GDP
21%
2024
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
24.6%
2024
22.9%
2023
GNI, Atlas method
$14.8B
2024
$17.5B
2024
GNI per capita, PPP
$3,620
2024
$7,100
2024
Total reserves including gold
$2.41B
2024
$3.3B
2023
Total reserves ranking
123/177
2024
117/177
2023
Net foreign direct investment
-$560M
2024
-$190M
2024
Net inflows of foreign direct investment
$573M
2024
$291M
2024
Net outflows of foreign direct investment
$13.2M
2024
$101M
2024
Servicing debt to the IMF, % of GNI
3.09%
2024
3.07%
2024
Poverty at national poverty lines
27.4%
2023
19.8%
2024
Gross capital formation, % of GDP
25.9%
2024
31.7%
2023

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/rwanda/tajikistan | CC BY

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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 (1997–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. TradeMap (2021, retrieved 2026-02-08)

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.