Polynopsis

Remittances to Rwanda: World Bank data

By Polynopsis team · Last updated

Rwanda received US$517 million in personal remittances in 2024, equal to 3.42% of GDP and down 0.2% on 2023, according to the World Bank. That ranks it 107th of the 163 economies with 2024 data. Personal remittances paid out of Rwanda were US$100 million in 2024, 124th of the 166 economies with 2024 data.

Received (2024)US$517 million source
Share of GDP (2024)3.42% source
Change since 2019+98.3% (from US$261 million)
Highest year on record2023 (US$518 million)
Paid out (2024)US$100 million source
Region and income groupSub-Saharan Africa , low income

Remittances received by year

0.0142.5284.9427.4569.92000: 6.632001: 7.852002: 7.212003: 9.622004: 9.812010: 106.472011: 174.202012: 182.402013: 170.202014: 183.592015: 159.202016: 172.522017: 215.292018: 260.512019: 260.712020: 280.072021: 391.212022: 474.162023: 518.062024: 517.0420002010201520202024
Personal remittances received, US$ million, by year.

What it costs to send

Sending the US$200 equivalent to Rwanda cost 5.03% to 45.11% on average across the 4 corridors the World Bank surveyed in Q3 2025: every corridor to Rwanda.

Sending from Rwanda cost 22.56% to 22.56% across 1 corridor: every corridor from Rwanda.

Related

Where Polynopsis fits

Remittances are paid out by banks, payout partners and mobile wallets that money transfer companies keep funded ahead of demand. Polynopsis is liquidity software for those companies: one live position across every bank, payout partner and wallet, with a warning before a corridor runs dry.

Data: World Bank, World Development Indicators (BX.TRF.PWKR.CD.DT, BX.TRF.PWKR.DT.GD.ZS, BM.TRF.PWKR.CD.DT), last updated 2026-10-08, licensed CC BY 4.0. Ranks are worked out by Polynopsis from the same data.

Know where all your money is.

Polynopsis gives cross-border payment teams one live position across every bank, payout partner, exchange and wallet, including money in flight, and warns before a corridor runs dry.

About Polynopsis

Polynopsis is liquidity management software for cross-border payment companies. The name joins poly, many, and synopsis, a seeing together: one live view of money spread across many banks, payout partners, exchanges and stablecoin wallets, including money in flight, with a warning before any corridor runs dry.

Why it is called Polynopsis · About Polynopsis · Glossary · Corridor runway calculator