Total shortfall from extreme poverty in Rwanda

Rwanda: Total shortfall from extreme poverty was 1.58 billion international-$ in 2021 prices in 2023. ▼ Falling

Latest (2023)
1.58 billion international-$ in 2021 prices
World rank
25th
of 120 countries
All-time high
3.97 billion international-$ in 2021 prices
in 2000
All-time low
1.58 billion international-$ in 2021 prices
in 2023
Years of data
6
2000–2023

Total shortfall from extreme poverty in Rwanda, 2000–2023

01.0B2.0B3.0B4.0B2000201120232000: 4.0B international-$ in 2021 prices2005: 3.7B international-$ in 2021 prices2010: 3.5B international-$ in 2021 prices2013: 3.3B international-$ in 2021 prices2016: 3.4B international-$ in 2021 prices2023: 1.6B international-$ in 2021 prices

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

Rwanda recorded 1.58 billion international-$ in 2021 prices for total shortfall from extreme poverty in 2023. That is the lowest value across all 6 years on record.

Compared with earlier readings it is down 51.4% over ten years.

Over the whole period, total shortfall from extreme poverty in Rwanda peaked at 3.97 billion international-$ in 2021 prices in 2000 and was at its lowest, 1.58 billion international-$ in 2021 prices, in 2023.

Rwanda ranks 25th of 120 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.86 billion international-$ in 2021 prices 3.74 billion international-$ in 2021 prices 3.97 billion international-$ in 2021 prices 2
2010s 3.41 billion international-$ in 2021 prices 3.26 billion international-$ in 2021 prices 3.54 billion international-$ in 2021 prices 3
2020s 1.58 billion international-$ in 2021 prices 1.58 billion international-$ in 2021 prices 1.58 billion international-$ in 2021 prices 1

Countries ranked near Rwanda

  1. 22 Colombia 1.93 billion international-$ in 2021 prices compare
  2. 23 Indonesia 1.93 billion international-$ in 2021 prices compare
  3. 24 Bangladesh 1.80 billion international-$ in 2021 prices compare
  4. 26 Cote d'Ivoire 1.55 billion international-$ in 2021 prices compare
  5. 27 Venezuela 1.37 billion international-$ in 2021 prices compare
  6. 28 Benin 1.06 billion international-$ in 2021 prices compare

See the full ranking of 120 places →

More poverty & inequality data for Rwanda

All data for Rwanda →

Frequently asked questions

What is total shortfall from extreme poverty in Rwanda?
Total shortfall from extreme poverty in Rwanda was 1.58 billion international-$ in 2021 prices in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest total shortfall from extreme poverty recorded in Rwanda?
The highest recorded value was 3.97 billion international-$ in 2021 prices in 2000.
What is the lowest total shortfall from extreme poverty recorded in Rwanda?
The lowest recorded value was 1.58 billion international-$ in 2021 prices in 2023.
How does Rwanda rank for total shortfall from extreme poverty?
Rwanda ranks 25th out of 120 countries with data for 2023.
Is total shortfall from extreme poverty rising or falling in Rwanda?
Over the last ten years it is down 51.4%. The long-run trend across the full record is falling.
Where does this Rwanda data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Total shortfall from extreme poverty. Statizoid updates them automatically from the source API.

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About this data

Indicator
Total shortfall from extreme poverty
Unit
international-$ in 2021 prices
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.