Source
Central bank

National Bank of Rwanda

International Reserves

USD 1 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 8.6 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 23.8 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
9.2% 7.7% 11.1% 6.3% 7.3% 7.8% 8.8%
2013 2014 2015* 2016* 2017*    
4.7% 7% 6.9% 6% 6%    

*Estimate

GDP per capita - current prices

USD 724.7 (2017, estimate)

GDP per capita - PPP

Intl$ 2,011.7 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.02% 0.02% 0.01% 0.02% 0.02%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 34.6% 
  • industry: 15.1% 
  • services: 50.3%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015 2016* 2017*
4.2% 1.8% 2.5% 5.3% 4.9%

*Estimate

Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015* 2016* 2017*
28.7% 31.1% 37.3% 44.2% 48.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015* 2016* 2017*
-2.5% -3.6% -3.2% -3% -1.6%

*Estimate  

Government bond ratings

Standard & Poor's: B

Moody's: B2

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -1.0 billion (2017 estimate)

Current account balance by percentage of GDP

-11.9% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

14.4% (2015)

Shares in world total merchandising export

0.004% (2015)

Shares in world total commercial services export

0.007% (2015)

Total exports

USD 674.9 million (2016 estimate)

Export commodities

Coffee, tea, hides, tin ore

Total imports

USD 2.0 billion (2016 estimate)

 
 
Source
Import commodities

Foodstuffs, machinery and equipment, steel, petroleum products, cement and construction material

Exports - major partners

Democratic Republic of the Congo 19.8%, US 10.8%, China 10.3%, Swaziland 7.9%, Malaysia 7%, Pakistan 6.2%, Germany 5.9%, Thailand 5.5% (2015)

Imports - major partners

Uganda 15.7%, Kenya 11.8%, India 8.7%, China 8.7%, UAE 8.6%, Russia 6.6%, Tanzania 5.1% (2015)

FDI inflows
2013 2014 2015
USD 258 million USD 459 million USD 471 million
FDI outflows
2013 2014 2015
USD 13.5 million USD 1.7 million N/A
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A USD 0.2 million
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 56 out of 190 countries (2017)

Subcategories:

Starting a business: 76 out of 190 countries

Enforcing Contracts: 95 out of 190 countries

Registering Property: 4 out of 190 countries

Getting Credit: 2 out of 190 countries

Protecting Minority Investors: 102 out of 190 countries

Trading Across Borders: 87 out of 190 countries

Paying Taxes: 59 out of 190 countries

Dealing with Construction Permits: 158 out of 190 countries

Getting Electricity: 117 out of 190 countries

Resolving Insolvency: 73 out of 190 countries

Global competitiveness ranking

52 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 71 / Score: 63.07 (Moderately free) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+2

Total area

26,338 sq km

Capital

Kigali

Currency

Rwandan francs (RWF)

Government type

republic; presidential, multiparty system

Languages

Kinyarwanda only (official, universal Bantu vernacular) 93.2%, Kinyarwanda and other language(s) 6.2%, French (official) and other language(s) 0.1%, English (official) and other language(s) 0.1%, Swahili (or Kiswahili, used in commercial centers) 0.02%, other 0.03%, unspecified 0.3% (2002 est.)

Religions

Roman Catholic 49.5%, Protestant 39.4% (includes Adventist 12.2% and other Protestant 27.2%), other Christian 4.5%, Muslim 1.8%, animist 0.1%, other 0.6%, none 3.6% (2001), unspecified 0.5% (2002 est.)

Total population
1990 2000 2010 2014* 2019**
7.155 million 8.025 million 9.998 million 10.865 million 12.054 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
2.4% 5% 15% 27%
Population median age

18.7 years (2014 est.)

Population growth rate

2.63% (2014 est.)

Life expectancy

59.26 years  (2014 est.)

Adult literacy

71.1% (2010 estimate)

% of population living on less than $2 a day

82.3% (2011)

Inequality of wealth distribution (Gini index)

50.8 (2011)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 6
Civil Liberties: 5 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed  0.4%   Mobile 56.8% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

8.70% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Kigali 146th (2014)

CO2 emissions(Metric tons of CO2 per capita)

0.1 (2010)

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