Source
Central bank

National Bank of Rwanda

International Reserves

US$ 1.070 billion (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 8 billion (2014 estimate)

GDP (Purchasing Power Parity)

18 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
2.2% 7.4% 9.4% 9.2% 7.6% 11.2% 6.2% 7.2%
2011 2012 2013 2014*        
8.2% 8.0% 5.0% 7.5%        

*Estimate

GDP per capita - current prices

US$ 742 (2014 estimate)

GDP per capita - PPP

$1,644 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.02% 0.02% 0.01% 0.02% 0.02%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 31.9% 
  • industry: 14.8% 
  • services: 53.3% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013 2014*
5.7% 6.3% 4.2% 4.1%

*Estimate

Unemployment rate
2011 2012 2013 2014*
N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
23.1% 23.9% 24.1% 29.4% 28.8%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
0.4%

international reserves

 

-1.9% -1.7% -2.5% -3.1%

*Estimate  

Government bond ratings

Standard & Poor's: B

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Rwanda

N/A

 
 
Source
Current account balance

US$ -930 million (2014 estimate)

Current account balance by percentage of GDP

-11.541% of GDP (2014 estimate)

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

16.9% (2013)

(Data released on Oct 2014)

Shares in world total merchandising export

0% (2012)

(Data were released in March 2014)

Shares in world total commercial services export

0.01% (2012)

(Data were released in 2014)

Total exports

US$ 538.3 million (2013 estimate) 

Export commodities

coffee, tea, hides, tin ore

Total imports

US$ 1.937 billion (2013 estimate) 

 
 
Source
Import commodities

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

Exports - major partners

Kenya 30.5%, Democratic Republic of the Congo 12.2%, China 12.1%, Malaysia 10.7%, US 5.8%, Swaziland 4.9% (2012)

Imports - major partners

Kenya 17.3%, Uganda 15.6%, UAE 8.9%, China 7.2%, India 5.6%, Tanzania 5%, Belgium 4.5%, Canada 4.1% (2012)

FDI inflows
2011 2012 2013
US$106 million US$ 160 million US$ 111 million
FDI outflows
2011 2012 2013  
US$ 0 million US$ 0 million US$ 14 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
N/A N/A N/A N/A
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 32 out of 189 countries (2013)

Subcategories:

Starting a business: 9 out of 189 countries

Enforcing Contracts: 40 out of 189 countries

Registering Property: 8 out of 189 countries

Getting credit: 13 out of 189 countries

Protecting investors: 22 out of 189 countries

Trading across border: 162 out of 189 countries

Paying Taxes: 22 out of 189 countries

Dealing with Construction Permits: 85 out of 189 countries

Getting Electricity: 53 out of 189 countries

Resolving Insolvency: 137 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

62

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 65 Score: 64.7 (Moderately Free) (2014)

(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)

World's Best Developed & Emerging Markets Banks

World's Best Banks By Region

World's Best Banks

2013

World’s Best Trade Finance Banks

Best of…

Additional Awards