Kenya vs Rwanda

Kenya vs Rwanda: Government debt

Government debt in 2025: 71.3% of GDP in Kenya and 64.7% of GDP in Rwanda, by IMF estimates. In 2025 the value was higher in Kenya, by 6.6 percentage points, or 1.1 times that in Rwanda.

% of GDP · IMF

Kenya vs Rwanda: Government debtGovernment debt in 2025: 71.3% of GDP in Kenya and 64.7% of GDP in Rwanda, by IMF estimates. In 2025 the value was higher in Kenya, by 6.6 percentage points, or 1.1 times that in Rwanda.
KenyaRwandaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Kenya has been higher since 2006, when it overtook Rwanda.
  • In 2025, Kenya ranked 36 and Rwanda ranked 48 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Kenya at 74% of GDP and Rwanda at 59.9% of GDP in 2031.

Every year

% of GDP · IMF

YearKenyaRwanda
202571.364.7
202467.363.4
202373.461.6
202267.859
202168.266.2
20206866.7
201959.152.8
201856.549.2
201753.946.1
201650.441.5
201545.833.5
201441.329.5
201339.827
201237.619.3
201135.718.9
201036.719
20093618.7
200834.318.5
200734.222.4
200637.122.8
200537.458.9
200440.880.9
200343.879.5
20024292
200141.384
200043.186
199938.478.4
199838.570.1
1997–72.2
1996–83.5
1995–100.8
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearKenyaRwanda
202672.963.4
202773.863.4
202874.563.4
202974.462
203074.361
20317459.9

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Kenya vs Rwanda

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