Country
Rwanda RWA
score date 2026-10-10 · 30d -11.0
Seven dimensions
Credibility gap8.0
IMF / national CPI · as of 2026-08-01 · coverage: bronze
Behind the curve—
BIS policy rates + CPI · as of 2026-10-10 · coverage: bronze
Communication—
Central-bank statements · as of 2026-10-10 · coverage: bronze
Geopolitical48.1
GDELT · as of 2026-10-10 · coverage: bronze
Growth54.7
World Bank WDI / IMF WEO · as of 2026-10-10 · coverage: bronze
Liquidity36.3
IMF BOP / BIS / FRED · as of 2026-10-10 · coverage: bronze
Governance52.4
World Bank WGI · as of 2026-10-10 · coverage: bronze
Rwanda sovereign credibility, in brief
Rwanda scores 30.1 out of 100 on the composite sovereign credibility index — credibility band < 35. That ranks it 39 of 43 in Sub-Saharan Africa, the 12th percentile of the region. The score has fallen 0.3 points over the past seven days. CPI 15.9% (implicit target) — weak credibility (30/100).
As of 2026-10-10 · scored daily from public data under methodology v8
Peer context
Rank 39/43 in Sub-Saharan Africa · 12th percentile
Region avg 49.3 · best 61.7 · worst 14.1
Ranked either side
- Somalia, Fed. Rep. 37.1
- Ethiopia 32.0
- Sierra Leone 27.8
- Malawi 19.5
90-day trend
External pulse
- Commodity terms-of-trade, 12m change
- -0.0%
- as of 2026-10-11
Terms-of-trade: IMF Commodity Terms of Trade
Key indicators
External & activity
| Cpi monthly index | 241.4 | 2026-08-01 | ILO CPI |
| Current account (% GDP) | -12.0% | 2024-12-31 | World Bank |
| FDI inflows (% GDP) | 5.9% | 2025-12-31 | World Bank |
| GDP growth, annual | 9.4% | 2025-12-31 | World Bank |
| Nightlights radiance (monthly sum) | 55.6K | 2025-12-01 | World Bank / NASA Black Marble |
| Nightlights radiance, YoY | -7.9% | 2025-12-01 | derived |
| Remittances (% GDP) | 3.4% | 2024-12-31 | World Bank |
| Reserves (months of imports) | 4.2 mo | 2024-12-31 | World Bank |
| Trade openness (% GDP) | 56.7% | 2025-12-31 | World Bank |
| Unemployment rate | 11.4% | 2025-12-31 | World Bank |
| Unemployment rate (ILO) | 5.4% | 2025-12-31 | ILO |
Structure
| External debt (% GNI) | 93.9% | 2024-12-31 | World Bank |
| GDP per capita (USD) | $1,124 | 2025-12-31 | World Bank |
| Labor force participation | 76.8% | 2025-12-31 | ILO |
| WGI: control of corruption | 0.6 | 2025-12-31 | World Bank |
| WGI: government effectiveness | 0.4 | 2025-12-31 | World Bank |
| WGI: political stability | 0.1 | 2025-12-31 | World Bank |
| WGI: regulatory quality | 0.3 | 2025-12-31 | World Bank |
| WGI: rule of law | 0.1 | 2025-12-31 | World Bank |
| WGI: voice & accountability | -0.8 | 2025-12-31 | World Bank |
Nightlights: World Bank / NASA Black Marble VIIRS (CC BY 4.0)
Follow the moves
Every figure above is recomputed daily from public data, with the source and as-of date shown for each one. The weekly briefing says which scores moved, and why.