Rwanda Economic Statistics and Indicators

22, May 2015, EDT. Welcome to the Rwanda economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Rwanda › Change country
National or Regional Currency: Rwanda Franc, RWF
Year of data: 2014 › Change year
Number of Indicators Listed: 33
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 12,337,138 ; note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2014 est.)
Area: total: 26,338 sq km ; land: 24,668 sq km ; water: 1,670 sq km
Natural Resources: gold, cassiterite (tin ore), wolframite (tungsten ore), methane, hydropower, arable land
Capital: name: Kigali ; geographic coordinates: 1 57 S, 30 03 E ; time difference: UTC+2 (7 hours ahead of Washington, DC, during Standard Time)

Rwanda is a poor rural country with about 90% of the population engaged in (mainly subsistence) agriculture and some mineral and agro-processing. Tourism, minerals, coffee and tea are Rwanda's main sources of foreign exchange. The 1994 genocide decimated Rwanda's fragile economic base, severely impoverished the population, particularly women, and temporarily stalled the country's ability to attract private and external investment. However, Rwanda has made substantial progress in stabilizing and rehabilitating its economy to pre-1994 levels. GDP has rebounded with an average annual growth of 7%-8% since 2003 and inflation has been reduced to single digits. Nonetheless, a significant percent of the population still live below the official poverty line. Despite Rwanda's fertile ecosystem, food production often does not keep pace with demand, requiring food imports. Rwanda continues to receive substantial aid money and obtained IMF-World Bank Heavily Indebted Poor Country (HIPC) initiative debt relief in 2005-06. In recognition of Rwanda's successful management of its macro economy, in 2010, the IMF graduated Rwanda to a Policy Support Instrument (PSI). Rwanda also received a Millennium Challenge Threshold Program in 2008. Africa's most densely populated country is trying to overcome the limitations of its small, landlocked economy by leveraging regional trade. Rwanda joined the East African Community and is aligning its budget, trade, and immigration policies with its regional partners. The government has embraced an expansionary fiscal policy to reduce poverty by improving education, infrastructure, and foreign and domestic investment and pursuing market-oriented reforms. Energy shortages, instability in neighboring states, and lack of adequate transportation linkages to other countries continue to handicap private sector growth. The Rwandan Government is seeking to become regional leader in information and communication technologies. In 2010, Rwanda neared completion of the first modern Special Economic Zone (SEZ) in Kigali. The SEZ seeks to attract investment in all sectors, but specifically in agribusiness, information and communications technologies, trade and logistics, mining, and construction. The global downturn hurt export demand and tourism, but economic growth has recovered, driven in large part by the services sector, but inflation has grown. On the back of this growth, government is gradually ending its fiscal stimulus policy while protecting aid to the poor.
More on the Rwanda Economy
More on the Rwanda Export, Import and Trade

Economic Indicator Listing
  For Rwanda in year 2014 Indicator Value
GDP Growth (Constant Prices, National Currency) 5.955 %
GDP (Current Prices, National Currency)RWF 5,442.66 Billion.
GDP (Current Prices, US Dollars)US$ 8.002 Billion
GDP Deflator 117.225 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)RWF 418,436.39 .
GDP Per Capita (Current Prices, National Currency)RWF 490,510.28 .
GDP Per Capita (Current Prices, US Dollars)US$ 721.202
GDP (PPP), US DollarsUS$ 18.704 Billion
GDP Per Capita (PPP), US DollarsUS$ 1,685.66
GDP Share of World Total (PPP) 0.017 %
Implied PPP Conversion Rate 290.99
Investment (% of GDP) 23.927 %
Gross National Savings (% of GDP) 11.604 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 226.337 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 2.555 %
Inflation, End of Year (Indexed to Year 2000) 228.454 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 4.456 %
Import Volume of All Items Including Goods and Services (Percent Change) 17 %
Import Volumes of Goods Only (Percent Change) 17 %
Export Volume of All Items Including Goods and Services (Percent Change) 0.695 %
Export Volumes of Goods Only (Percent Change) 0.695 %
Population 11.096 Million
General government revenue (National Currency)RWF 1,433.03 Billions.
General government revenue (% of GDP) 26.329 %
General government total expenditure (National Currency)RWF 1,539.91 Billions.
General government total expenditure (% of GDP) 28.293 %
Total Government Net Lending/ Borrowing (National Currency)RWF -106.881 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -1.964 %
Fiscal Year Gross Domestic Product, Current PricesRWF 5,442.66 Billions.
Current Account Balance (US Dollars)US$ -0.986 Billion
Current Account Balance (% GDP) -12.323 %
Economic Indicators for Rwanda 2014

GDP (Constant Prices, National Currency) for Rwanda in year 2014 is RWF 4,642.94 Billion.

GDP Growth (Constant Prices, National Currency) for Rwanda in year 2014 is 5.955 %.

GDP (Current Prices, National Currency) for Rwanda in year 2014 is RWF 5,442.66 Billion.

GDP (Current Prices, US Dollars) for Rwanda in year 2014 is US$ 8.002 Billion.

GDP Deflator for Rwanda in year 2014 is 117.225 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Rwanda in year 2014 is RWF 418,436.39 .

GDP Per Capita (Current Prices, National Currency) for Rwanda in year 2014 is RWF 490,510.28 .

GDP Per Capita (Current Prices, US Dollars) for Rwanda in year 2014 is US$ 721.202 .

GDP (PPP), US Dollars for Rwanda in year 2014 is US$ 18.704 Billion.

GDP Per Capita (PPP), US Dollars for Rwanda in year 2014 is US$ 1,685.66 .

GDP Share of World Total (PPP) for Rwanda in year 2014 is 0.017 %.

Implied PPP Conversion Rate for Rwanda in year 2014 is 290.99 .

Investment (% of GDP) for Rwanda in year 2014 is 23.927 %.

Gross National Savings (% of GDP) for Rwanda in year 2014 is 11.604 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Rwanda in year 2014 is 226.337 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Rwanda in year 2014 is 2.555 %.

Inflation, End of Year (Indexed to Year 2000) for Rwanda in year 2014 is 228.454 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Rwanda in year 2014 is 4.456 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Rwanda in year 2014 is 17 %.

Import Volumes of Goods Only (Percent Change) for Rwanda in year 2014 is 17 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Rwanda in year 2014 is 0.695 %.

Export Volumes of Goods Only (Percent Change) for Rwanda in year 2014 is 0.695 %.

Population for Rwanda in year 2014 is 11.096 Million .

General government revenue (National Currency) for Rwanda in year 2014 is RWF 1,433.03 Billions.

General government revenue (% of GDP) for Rwanda in year 2014 is 26.329 %.

General government total expenditure (National Currency) for Rwanda in year 2014 is RWF 1,539.91 Billions.

General government total expenditure (% of GDP) for Rwanda in year 2014 is 28.293 %.

Total Government Net Lending/ Borrowing (National Currency) for Rwanda in year 2014 is RWF -106.881 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Rwanda in year 2014 is -1.964 %.

Fiscal Year Gross Domestic Product, Current Prices for Rwanda in year 2014 is RWF 5,442.66 Billions.

Current Account Balance (US Dollars) for Rwanda in year 2014 is US$ -0.986 Billion.

Current Account Balance (% GDP) for Rwanda in year 2014 is -12.323 %.

* Source: IMF
Aggregate Indicators for Rwanda
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Rwanda
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Rwanda
  Natural Resources, Agricultural Products, Land Use and Water Use for Rwanda
  Nationality, Ethnic Groups, Languages and Religions for Rwanda
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Rwanda
  Age Structure, Median Age, Gender and Urbanization for Rwanda
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Rwanda
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Rwanda
  HIV, AIDS and Other Major Infectious Disease Rates for Rwanda
  Literacy Rate, Educational Expenditure and School Life Expectancy for Rwanda
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Rwanda
  Industries and Industrial Growth Production Rate for Rwanda
  Labor Force by Occupation for Rwanda
  Poverty Line, Gini Index, Household Income and Consumption for Rwanda
  National Budget and Public Debt for Rwanda
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Rwanda
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Rwanda
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Rwanda
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Rwanda
  Foreign Exchange Reserves and Gold Reserves for Rwanda
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Rwanda
  Exchange Rate Statistics for Rwanda
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Rwanda
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Rwanda
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Rwanda
  Television and Radio Statistics (TV Stats, Radio Stats) for Rwanda
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Rwanda
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Rwanda
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Rwanda
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Rwanda
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Rwanda
* Source: CIA
Internet Indicators for Rwanda
Indicators
  Number of Internet Users for Rwanda
  Internet Penetration Rate for Rwanda
  Number of Facebook Accounts for Rwanda
  Facebook Penetration Rate for Rwanda
* Source: IWS
Economic Freedom Indicators for Rwanda
Indicators
  Economic Freedom World Rank for Rwanda
  Economic Freedom Regional Ranking for Rwanda
  Business Freedom for Rwanda
  Trade Freedom for Rwanda
  Fiscal Freedom for Rwanda
  Government Spending for Rwanda
  Monetary Freedom for Rwanda
  Investment Freedom for Rwanda
  Financial Freedom for Rwanda
  Property Rights for Rwanda
  Freedom from Corruption for Rwanda
  Labor Freedom for Rwanda
  Tariff Rate for Rwanda
  Income Tax Rate for Rwanda
  Corporate Tax Rate for Rwanda
  Tax Burden % of GDP for Rwanda
  Government Expenditure % of GDP for Rwanda
* Source: HFO
Corruption Perceptions Index Rank and Score for Rwanda
Indicator
  Corruption Perceptions Index Rank and Score for Rwanda
* Source: TIO
Rwanda Economic Indicators in other Years
  Rwanda Economic Indicators for Year 2019 (Forecast)
  Rwanda Economic Indicators for Year 2018 (Forecast)
  Rwanda Economic Indicators for Year 2017 (Forecast)
  Rwanda Economic Indicators for Year 2016 (Forecast)
  Rwanda Economic Indicators for Year 2015 (Forecast)
Rwanda Economic Indicators for Year 2014 (Current)
  Rwanda Economic Indicators for Year 2013
  Rwanda Economic Indicators for Year 2012
  Rwanda Economic Indicators for Year 2011
  Rwanda Economic Indicators for Year 2010
  Rwanda Economic Indicators for Year 2009
  Rwanda Economic Indicators for Year 2008
  Rwanda Economic Indicators for Year 2007
  Rwanda Economic Indicators for Year 2006
  Rwanda Economic Indicators for Year 2005
  Rwanda Economic Indicators for Year 2004
  Rwanda Economic Indicators for Year 2003
  Rwanda Economic Indicators for Year 2002
  Rwanda Economic Indicators for Year 2001
  Rwanda Economic Indicators for Year 2000
  Rwanda Economic Indicators for Year 1999
  Rwanda Economic Indicators for Year 1998
  Rwanda Economic Indicators for Year 1997
  Rwanda Economic Indicators for Year 1996
  Rwanda Economic Indicators for Year 1995
  Rwanda Economic Indicators for Year 1994
  Rwanda Economic Indicators for Year 1993
  Rwanda Economic Indicators for Year 1992
  Rwanda Economic Indicators for Year 1991
  Rwanda Economic Indicators for Year 1990
  Rwanda Economic Indicators for Year 1989
  Rwanda Economic Indicators for Year 1988
  Rwanda Economic Indicators for Year 1987
  Rwanda Economic Indicators for Year 1986
  Rwanda Economic Indicators for Year 1985
  Rwanda Economic Indicators for Year 1984
  Rwanda Economic Indicators for Year 1983
  Rwanda Economic Indicators for Year 1982
  Rwanda Economic Indicators for Year 1981
  Rwanda Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International