Skip to content

Economy of Rwanda vs Tunisia compared: GDP & Debt

Updated on by Georank

Rwanda has a GDP of $16.4B compared to $57.5B for Tunisia, ranking 142/197 and 93/197 by economy size, respectively.

Rwanda has $10.6B in government debt (64.6% of GDP), compared to $46.7B (81.3% of GDP) in Tunisia.

Rwanda vs Tunisia GDP by year

Rwanda
Tunisia
1x
Year GDP, current $
Rwanda Tunisia
2025 $16,372,132,990 $57,502,836,548
2024 $15,111,064,182 $51,412,122,480
2023 $14,806,501,437 $48,205,328,303
2022 $13,747,404,814 $44,929,920,093
2021 $11,252,894,910 $47,073,234,359
2020 $10,487,146,253 $42,491,780,918
2019 $10,519,272,170 $41,905,642,419
2018 $9,650,161,136 $42,686,504,460
2017 $9,164,345,443 $42,163,530,591
2016 $8,596,812,241 $44,360,072,680
2015 $8,447,064,079 $45,779,494,042
2014 $8,129,984,484 $50,271,812,921
2013 $7,714,276,920 $48,685,446,414
2012 $7,556,673,276 $47,311,401,813
2011 $6,802,676,034 $48,123,325,825
2010 $6,052,276,078 $46,206,091,938
2009 $5,603,399,015 $43,455,740,497
2008 $5,120,655,375 $44,859,439,902
2007 $4,017,977,507 $38,915,353,867
2006 $3,274,207,945 $34,376,664,601
2005 $2,933,819,766 $32,272,186,695
2004 $2,376,496,067 $31,183,885,241
2003 $2,138,237,279 $27,453,902,261
2002 $1,966,003,468 $23,141,616,605
2001 $1,966,600,715 $22,065,832,449
2000 $2,068,836,754 $21,473,528,161
1999 $2,157,108,263 $22,943,202,175
1998 $1,989,343,546 $21,802,893,587
1997 $1,851,558,197 $20,746,210,354
1996 $1,382,334,879 $19,587,161,807
1995 $1,293,535,193 $18,030,876,599
1994 $753,636,370 $15,633,174,304
1993 $1,971,525,712 $14,608,335,608
1992 $2,029,026,962 $15,496,708,060
1991 $1,911,600,237 $13,074,782,609
1990 $2,550,185,679 $12,290,568,182
1989 $2,405,022,593 $10,101,851,745
1988 $2,395,492,687 $10,096,245,762
1987 $2,157,432,668 $9,696,715,911
1986 $1,944,710,684 $9,017,806,654
1985 $1,715,626,331 $8,410,226,053
1984 $1,587,413,084 $8,254,541,195
1983 $1,479,687,587 $8,350,582,748
1982 $1,407,243,139 $8,133,580,052
1981 $1,407,062,527 $8,428,445,294
1980 $1,254,765,642 $8,744,134,354
1979 $1,109,346,131 $7,188,863,904
1978 $905,709,076 $5,968,460,080
1977 $746,650,613 $5,109,324,009
1976 $637,753,853 $4,508,191,942
1975 $571,863,500 $4,328,965,588
1974 $308,458,423 $3,545,868,575
1973 $290,746,157 $2,730,813,385
1972 $246,457,838 $2,237,556,149
1971 $222,952,504 $1,685,162,272
1970 $219,900,006 $1,439,238,095
1969 $188,700,037 $1,289,904,762
1968 $172,200,018 $1,214,666,667
1967 $159,560,018 $1,085,714,286
1966 $124,525,703 $1,040,952,381
1965 $148,799,980 $991,047,619
1964 $129,999,994 $1,025,866,792
1963 $128,000,000 $1,026,737,600
1962 $125,000,008 $880,027,733
1961 $122,000,016 $866,155,429
1960 $119,000,024 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Rwanda vs Tunisia by year

Rwanda
GDP per capita

GDP per capita, PPP
Tunisia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Rwanda Tunisia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,124 - $4,657 -
2024 $1,060 $3,711 $4,188 $14,521
2023 $1,061 $3,399 $3,951 $14,041
2022 $1,007 $3,099 $3,707 $13,619
2021 $843 $2,733 $3,907 $12,444
2020 $803 $2,285 $3,549 $11,918
2019 $823 $2,336 $3,529 $12,495
2018 $773 $2,125 $3,628 $11,841
2017 $751 $1,968 $3,619 $11,289
2016 $721 $1,866 $3,848 $10,994
2015 $726 $1,781 $4,015 $10,783
2014 $715 $1,678 $4,459 $10,947
2013 $695 $1,512 $4,370 $10,672
2012 $698 $1,455 $4,297 $10,615
2011 $643 $1,413 $4,421 $10,436
2010 $587 $1,314 $4,292 $10,555
2009 $557 $1,241 $4,080 $10,237
2008 $522 $1,191 $4,255 $9,975
2007 $421 $1,079 $3,727 $9,479
2006 $352 $1,002 $3,323 $8,729
2005 $324 $914 $3,147 $8,117
2004 $269.5 $832 $3,067 $7,672
2003 $249 $775 $2,726 $7,098
2002 $234 $760 $2,321 $6,715
2001 $237.3 $670 $2,236 $6,593
2000 $251.9 $609 $2,199 $6,279
1999 $264.7 $554 $2,376 $5,930
1998 $246.2 $528 $2,285 $5,579
1997 $238.7 $500 $2,202 $5,333
1996 $206 $499 $2,107 $5,040
1995 $228 $514 $1,968 $4,686
1994 $111 $311 $1,733 $4,555
1993 $247 $521 $1,649 $4,401
1992 $264.1 $575 $1,785 $4,292
1991 $254 $542 $1,538 $3,975
1990 $346 $549 $1,476 $3,780
1989 $335 - $1,239 -
1988 $344 - $1,266 -
1987 $320 - $1,245 -
1986 $297.7 - $1,187 -
1985 $271.6 - $1,135 -
1984 $259.9 - $1,143 -
1983 $250.6 - $1,184 -
1982 $246.4 - $1,177 -
1981 $254.6 - $1,247 -
1980 $234.4 - $1,324 -
1979 $213.8 - $1,113 -
1978 $179.9 - $946 -
1977 $152.7 - $830 -
1976 $134.4 - $752 -
1975 $124.1 - $741 -
1974 $68.9 - $624 -
1973 $66.9 - $493 -
1972 $58.4 - $415 -
1971 $54.4 - $320 -
1970 $55.2 - $280.5 -
1969 $48.9 - $257.7 -
1968 $46 - $248.9 -
1967 $44 - $228 -
1966 $35.4 - $223.8 -
1965 $43.5 - $217.3 -
1964 $39 - $228.5 -
1963 $39.3 - $231.9 -
1962 $39.2 - $201.4 -
1961 $39.3 - $200.7 -
1960 $39.4 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Rwanda's GDP per capita is $1,124, ranking 178/197, compared to $4,657 in Tunisia, ranking 127/197. Adjusted for purchasing power (GDP per capita PPP), Rwanda ranks 168th at $3,711, while Tunisia ranks 114th at $14,521.

Economic indicators

Rwanda Tunisia
Gross domestic product
$16.4B
2025
$57.5B
2025
GDP rank
142/197
2025
93/197
2025
GDP growth
9.38%
2024-2025
2.49%
2024-2025
GDP per capita
$1,124
2025
$4,657
2025
GDP per capita rank
178/197
2025
127/197
2025
GDP per capita, PPP
$3,711
2024
$14,521
2024
GDP per capita PPP rank
168/197
2024
114/197
2024
Government debt
$10.6B
2025
$46.7B
2025
Debt-to-GDP ratio
64.6%
2025
81.3%
2025
Government debt per person
$726
2025
$3,785
2025
Government debt per person rank
155/185
2025
95/185
2025
Average annual personal income after taxes
$1,614
2026
$4,193
2026
Market capitalization of domestic companies
$3.2B
2025
$12B
2025
Income share by richest 10%
33.4%
2023
27%
2021
Income share by poorest 10%
3.1%
2023
3.1%
2021
Government expenditure, % of GDP
24.1%
2025
34%
2025
Consumer prices inflation
5.91%
2024-2025
5.3%
2024-2025
Central bank interest rate
6.75%
2025
7.5%
2025
Unemployment rate
5.36%
2025
15.1%
2023
Population
15062056
12450912

Spending and national debt comparison by year

Rwanda
Spending

Debt
Tunisia
Spending

Debt
1x
Year % of GDP
Rwanda Tunisia
Government spending Government debt Government spending Government debt
2025 24.1% 64.6% 34% 81.3%
2024 27.1% 63.4% 35.8% 85.7%
2023 26.2% 61.4% 35.9% 84%
2022 28.7% 59% 36.6% 83%
2021 31% 66.2% 33.4% 79.7%
2020 32.5% 66.7% 34.5% 77.7%
2019 27.7% 52.8% 29.5% 67.3%
2018 26.3% 49.2% 28.7% 72.9%
2017 25.3% 46.1% 28.7% 67.1%
2016 25.4% 41.5% 27.2% 58.9%
2015 26.9% 33.5% 27.4% 52.4%
2014 27.8% 29.5% 27.7% 50.7%
2013 26.5% 27% 30.8% 45.6%
2012 24.9% 19.3% 28.3% 49%
2011 25% 18.9% 27.9% 43.3%
2010 24.1% 19% 24% 38.8%
2009 22.6% 18.7% 24.6% 40.3%
2008 22.7% 18.5% 23.7% 41.4%
2007 22.7% 22.4% 23.3% 42.7%
2006 20.9% 22.8% 22.9% 45.7%
2005 20.2% 59.8% 23% 50%
2004 18.1% 82.1% 23% 51.6%
2003 18.8% 80.7% 23.5% 52.6%
2002 20.7% 93.4% 24.1% 51.6%
2001 19.3% 85.2% 24% 52.2%
2000 18.5% 87.2% 24% 62.9%
1999 22.7% 79.5% 24% 61.9%
1998 16.6% 71.1% 24.2% 58.2%
1997 17.2% 73.3% 24.5% 66.6%
1996 19.8% 84.6% 26.7% 66.8%
1995 18.3% 102.2% 26.6% 65.6%
1994 13.5% - 25.9% 63.9%
1993 20.6% - 26.7% 63.8%
1992 21.8% - 25.7% 62.1%
1991 - - 27.6% 63.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08).

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

In 2025, Rwanda's government spending was $3.95B, accounting for 24.1% of its GDP, while Tunisia spent $19.6B, or 34% of GDP.

Debt-to-GDP ratio is 64.6% in Rwanda and 81.3% in Tunisia, ranking 68/185 and 40/185, respectively.

Government deficit by year

Deficit/surplus
Rwanda

Tunisia
1x
Year Deficit/surplus, % of GDP
Rwanda Tunisia
2025 -4.49% -5.24%
2024 -6.19% -6.36%
2023 -4.88% -7.27%
2022 -5.56% -7%
2021 -6.89% -7.81%
2020 -9.26% -9.06%
2019 -5% -3.6%
2018 -2.57% -4.27%
2017 -2.54% -5.61%
2016 -2.3% -5.87%
2015 -2.71% -4.95%
2014 -3.97% -3.11%
2013 -1.29% -7.05%
2012 -2.41% -4.9%
2011 -0.87% -3.19%
2010 -0.65% -0.46%
2009 0.26% -2.59%
2008 0.84% -0.62%
2007 -1.58% -2.47%
2006 -0.03% -2.33%
2005 1.14% -2.59%
2004 2.31% -2.1%
2003 -1.25% -2.64%
2002 -2.06% -2.55%
2001 -1.83% -2.87%
2000 -0.22% -3.22%
1999 -4.48% -3.05%
1998 -2.63% -2.84%
1997 -2.25% -3.7%
1996 -5.08% -5.18%
1995 -2.07% -4.53%
1994 -9.68% -2.87%
1993 -6.7% -3.22%
1992 -7.31% -3.45%
1991 - -5.25%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08).

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

In 2025, Rwanda's government deficit, the difference between spending and revenue, was $736M, equivalent to 4.49% of GDP. This compares to Tunisia's deficit of $3.01B, or 5.24% of GDP.

Over the past 34 years, Rwanda recorded a fiscal deficit in 30 of those years, while Tunisia ran a deficit in 34 years. On average, Rwanda posted an annual deficit equal to 3.06% of GDP, compared to deficit of 4.08% of GDP for Tunisia.

Inflation comparison by year

Inflation
Rwanda

Tunisia
1x
Year Consumer prices inflation
Rwanda Tunisia
2025 5.91% 5.3%
2024 1.77% 7%
2023 19.8% 9.3%
2022 17.7% 8.3%
2021 -0.39% 5.7%
2020 9.85% 5.6%
2019 3.35% 6.7%
2018 -0.31% 7.3%
2017 8.28% 5.3%
2016 7.17% 3.6%
2015 2.53% 4.4%
2014 2.35% 4.6%
2013 5.92% 5.4%
2012 10.3% 4.6%
2011 3.08% 3.2%
2010 -0.25% 4.4%
2009 12.9% 3.5%
2008 15.4% 4.9%
2007 9.08% 3.4%
2006 8.88% 4.1%
2005 9.01% 1.9%
2004 12.3% 3.7%
2003 7.45% 2.7%
2002 1.99% 2.7%
2001 3.34% 1.9%
2000 3.9% 2.8%
1999 -2.41% 2.8%
1998 6.21% 3.1%
1997 12% 3.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Rwanda has recorded an average annual inflation rate of 6.8%, compared with 4.54% in Tunisia. In 2025, inflation was 5.91% in Rwanda and 5.3% in Tunisia.

Top exports between countries

Rwanda
Export category Export value
Textiles & consumer goods $8K
Machinery & equipment $4K
Tunisia
Export category Export value
Machinery & equipment $1.47M
Processed food, beverages & tobacco $201K
Chemicals & pharma $127K
Textiles & consumer goods $28K
Metals $20K
Wood & paper products $15K
Animal & marine products $6K

Balance of trade

Rwanda Tunisia
Current account balance
-$1.81B
2024
-$775M
2024
Current account balance ranking
136/190
2024
111/190
2024
Current account balance, % of GDP
-12%
2024
-1.51%
2024
Goods imports
$5.55B
2024
$18.7B
2024
Goods exports
$3.2B
2024
$8.95B
2024
Service imports
$991M
2024
$3.92B
2024
Service exports
$1.08B
2024
$11.2B
2024
Imports of goods and services, % of GDP
35.1%
2025
54.8%
2025
Exports of goods and services, % of GDP
21.6%
2025
46.7%
2025

Economic freedom indices

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

Rwanda Tunisia
Economic freedom 56.5 48.1
Economic freedom ranking 121/197 172/197
Property rights 60.3 55.7
Government integrity 53.9 42.1
Judicial effectiveness 27.5 39.7
Tax burden 80.6 68.5
Government spending 75.7 62.5
Fiscal health 37.5 16
Business freedom 60.1 59.4
Labor freedom 49.1 55.8
Monetary freedom 72.3 72.4
Trade freedom 61.8 54.6
Investment freedom 60 20
Financial freedom 40 30

Economic freedom comparison by year

Rwanda
Tunisia
1x
Year Economic freedom index
Rwanda Tunisia
2026 56.5 48.1
2025 54.8 49.1
2024 51.6 48.8
2023 52.2 52.9
2022 57.1 54.2
2021 68.3 56.6
2020 70.9 55.8
2019 71.1 55.4
2018 69.1 58.9
2017 67.6 55.7
2016 63.1 57.6
2015 64.8 57.7
2014 64.7 57.3
2013 64.1 57
2012 64.9 58.6
2011 62.7 58.5
2010 59.1 58.9
2009 54.2 58
2008 54.2 60.1
2007 52.4 60.3
2006 52.8 57.5
2005 51.7 55.4
2004 53.3 58.4
2003 47.8 58.1
2002 50.4 60.2
2001 45.4 60.8
2000 42.3 61.3
1999 39.8 61.1
1998 39.1 63.9
1997 38.3 63.8
1996 - 63.9
1995 - 63.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Rwanda is 56.5, ranking 121/197, compared to 48.1 for Tunisia, ranking 172/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Rwanda Tunisia
Services, % of GDP
52.3%
2025
62.7%
2025
Industry, % of GDP
22%
2025
22%
2025
Agriculture, forestry, and fishing, % of GDP
20.3%
2025
10.3%
2025
GNI, Atlas method
$16.7B
2025
$53B
2025
GNI per capita, PPP
$4,070
2025
$14,870
2025
Total reserves including gold
$1.96B
2025
$9.34B
2024
Total reserves ranking
128/177
2025
84/177
2024
Net foreign direct investment
-$560M
2024
-$725M
2024
Net inflows of foreign direct investment
$573M
2024
$760M
2024
Net outflows of foreign direct investment
$13.2M
2024
$34.6M
2024
Servicing debt to the IMF, % of GNI
2.91%
2024
10.9%
2024
Poverty at national poverty lines
27.4%
2023
16.6%
2021
Gross capital formation, % of GDP
34.1%
2025
15.2%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/rwanda/tunisia | 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 (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2020–2024, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.