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Intelrift Geoeconomic Index· Edition 1 · Q4 2026

Rwanda

30.7

Moderate · 30+Rank 129 of 192+0.3 against the previous edition · #110 → #129Africa · Eastern Africa · 5 of 5 sub-indices available
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Rank in its region42 / 54Africa
Rank in its income group24 / 24Low income
Comparable countriesNamibiaIGE 27.7 · distance 4.9Comparable countriesFijiIGE 29.9 · distance 6.3

Comparable countries

Nearest in the five-dimensional sub-index space (euclidean distance over shared dimensions).

What would move the score

  • Chokepoints±2.5 points
  • Sanctions±2.5 points
  • Commodity concentration±2.0 points
  • Institutional fragility±1.5 points
  • Sovereign stress±1.5 points

Change in the IGE if one sub-index moved by 10 points, with this country's effective weights.

Sub-indices against the regional and global mean

CountryRegional meanGlobal mean

Source: Intelrift, IGE. Simple means of covered countries.Data through 19 October 2026

History by edition

Hollow points are retrospectives: past years computed with the current method, without newsroom events and with the current snapshot of the sanctions lists.

Source: Intelrift, IGEData through 19 October 2026

Key factors

What drives the score

  • Landlocked (transit dependence): yes (2026), risk percentile 100.source
  • Annual depreciation against the dollar: +8.4 % (2025), risk percentile 81.source
  • Designations linked to the country: 97 (2026), risk percentile 72.source
  • Political and security events (90 days): 68.1 (2026), risk percentile 65.source

Each factor comes from a sourced, dated input; the percentile says where the country sits among those covered.

How it is calculated

Weights, coverage and provenance

Chokepoints44Effective 25 %
Sanctions14Effective 25 %
Commodity concentration18Effective 20 %
Institutional fragility37Effective 15 %
Sovereign stress46Effective 15 %

5 of 5 sub-indices available · ige-v1

Provenance hash

2d1a6ba6be000778b15b82e9fffc8c5fa285fb9d9bafeb0155d271790bc1130f

SHA-256 of the canonical JSON of the inputs, their sources and periods, the winsorisation bounds and the weights. Same inputs, same hash.

Read the methodology

Sub-index inputs

Chokepoints · 44.0

How much of the country's GDP depends on six maritime passages (Hormuz, Suez, Malacca, Bab el-Mandeb, Panama, Bosphorus) staying open, plus its imported-energy dependence, logistics performance and whether it is landlocked.

Exposure to the main chokepoint (2025)10.8 % of GDP · percentile 17
Total chokepoint exposure (2025)29.3 % of GDP · percentile 25
Net energy import dependence (2024)12 % · percentile 13
Fuel share of imports (2022)15.3 % · percentile 47
Landlocked (transit dependence) (2026)yes · percentile 100
Logistics performance (LPI) (2022)2.8 · percentile 63

Sanctions · 14.4

Whether the jurisdiction is under a sanctions regime (and how intense), how many people and entities linked to the country appear on the OFAC, EU, UN and UK lists, how many on US export-control lists, and how much it trades with sanctioned partners.

Jurisdiction-level sanctions regimeno regime · percentile 0
Designations linked to the country (2026)97 · percentile 72
Designations under country programmes (2026)0 · percentile 0
Entities under US export controls (2026)0 · percentile 0
Exposure to sanctioned partners (2023)33.8 · percentile 0

Commodity concentration · 17.9

Concentration of exports and imports by product group (Herfindahl index), fuel and food share of imports, natural resource rents over GDP and terms-of-trade volatility.

Export concentration (HHI) (2022)0.29 · percentile 3
Import concentration (HHI) (2022)0.33 · percentile 0
Fuel and food share of imports (2022)37.8 % · percentile 59
Natural resource rents (2021)4 % of GDP · percentile 13
Terms-of-trade volatility (2024)5.8 % · percentile 13

Institutional fragility · 37.4

Rule of law, political stability, government effectiveness and control of corruption (WGI), the INFORM index, battle deaths, homicides and new conflict displacements per capita, and the quarter's political and security events recorded by Intelrift.

Rule of law (WGI) (2025)60.3 · percentile 47
Political stability and absence of violence (WGI) (2025)67.8 · percentile 38
Government effectiveness (WGI) (2025)59.7 · percentile 42
Control of corruption (WGI) (2025)60.9 · percentile 35
INFORM risk index (2026)5.4 · percentile 62
Battle-related deaths per 100,000 people (2025)0.01 · percentile 0
Intentional homicides per 100,000 people (2020)3.61 · percentile 10
New conflict displacements per 1,000 peopleinsufficient data
Political and security events (90 days) (2026)68.1 · percentile 65
Terror and narco incidents (90 days) (2026)insufficient data

Sovereign stress · 46.3

Reserves in months of imports, current account balance, inflation, depreciation against the dollar, external debt and its service, short-term debt over reserves, broad money over reserves, interest over revenue and Intelrift's daily country risk.

Reserves in months of imports (2024)4.2 months · percentile 76
Current account balance (2024)-12 % of GDP · percentile 78
Annual inflation (2025)5.9 % · percentile 22
Annual depreciation against the dollar (2025)+8.4 % · percentile 81
External debt to GNI (2024)93.9 % · percentile 79
Debt service to exports (2024)8 % · percentile 13
Short-term debt to reserves (2024)20.8 % · percentile 16
Broad money to reserves (2024)1.6× · percentile 4
Interest payments to revenue (2024)9.5 % · percentile 34
Intelrift daily country risk (2026)33 · percentile 60