Economy · Remittance inflows · Rwanda
Rwanda’s remittance inflows fell to $0.52bn in 2024.
$0.52bn
2024
Down $0bn from 2023.
Updated 8 Oct 2026
In plain words
$0.52bn
What it is. Personal remittances received is the money that Rwandans working abroad send home, together with other personal transfers from overseas, added up over a year. It is measured in current US dollars, so exchange rate moves and price changes in the United States are built into the figure. Money sent through informal channels is usually absent from official records, so the recorded flow is likely to sit below the actual one.
Higher is better. A higher figure is better because remittances bring foreign currency into households and the wider economy without creating a debt to repay. The latest figure for 2024 is $0.52bn, up 0.2% from $0.52bn in 2023, so the flow was almost flat over the last year. Since 2015 the range runs from a low of $0.16bn in 2015 to a high of $0.52bn in 2023, which puts the latest reading at the top of that range.
Why it matters. For Rwandan households that receive transfers, the money typically goes towards food, rent, school fees and health costs, and a flow of $0.52bn is a real addition to many family budgets. For the state and for firms, it is a steady source of dollars that helps pay for imports. The flow has climbed from $0.16bn in 2015, and the next annual figure will show whether it rises above $0.52bn or stays level.
| Period | Remittance inflows · Rwanda |
|---|---|
| 2015 | $0.16bn |
| 2016 | $0.17bn |
| 2017 | $0.22bn |
| 2018 | $0.26bn |
| 2019 | $0.26bn |
| 2020 | $0.28bn |
| 2021 | $0.39bn |
| 2022 | $0.47bn |
| 2023 | $0.52bn |
| 2024 | $0.52bn |
Source: World Bank, World Development Indicators (CC BY 4.0) · Licence: CC BY 4.0
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Strata-AF™ Data, Remittance inflows, Rwanda, 2024; source World Bank, World Development Indicators (CC BY 4.0), retrieved 8 Oct 2026; https://data.strata-af.com/economy/remittance-inflows/rwanda
Data insights · Worked out from the published figures
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Methodology
Personal remittances received, current US dollars. Unit: USD bn.
Source: World Bank, World Development Indicators (series BX.TRF.PWKR.CD.DT), retrieved through the World Bank API and published under CC BY 4.0. Updated annually; the World Bank's own source notes apply.