Economy of Rwanda. Statistics, Data and Indicators
Rwanda
| 30B | Credit rank #93 |
| N/A | Quality of life # |
| 52 | Corruption rank#44 |
| 38 | Ease of doing business#29 |
Rwanda Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 10.33 USD Billion | 2020 |
| GDP Annual Growth Rate | 10.3 % | 4Q/21 |
| GDP Growth Rate | 4.4 % | 4Q/21 |
| GDP per capita | 834 USD | 2020 |
| Inflation Rate YoY | 10.5 % | Apr/22 |
| Interest Rate | 5 % | May/22 |
| Unemployment Rate | 23.8 % | Nov/21 |
| Balance of Trade | -218 USD Million | -0.218 B USD | Dec/21 |
| Current Account | -1209 USD Million | -1.209 B USD | 2021 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 10.33 USD Billion | 2020 |
| GDP Annual Growth Rate | 10.3 % | 4Q/21 |
| GDP Growth Rate | 4.4 % | 4Q/21 |
| GDP per capita | 834 USD | 2020 |
| GDP Constant Prices | 2572 RWF Billion | 2.519 B USD | 4Q/21 |
| GDP per capita PPP | 2099 USD | 2020 |
| GDP From Agriculture | 609 RWF Billion | 0.596 B USD | 4Q/21 |
| GDP From Construction | 180 RWF Billion | 0.176 B USD | 4Q/21 |
| GDP From Manufacturing | 220 RWF Billion | 0.215 B USD | 4Q/21 |
| GDP From Mining | 37 RWF Billion | 0.036 B USD | 4Q/21 |
| GDP From Public Administration | 132 RWF Billion | 0.129 B USD | 4Q/21 |
| GDP From Services | 1251 RWF Billion | 1.225 B USD | 4Q/21 |
| GDP From Transport | 121 RWF Billion | 0.119 B USD | 4Q/21 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 61 % | 2020 |
| Government Spending | 408 RWF Billion | 0.4 USD Billion | 4Q/21 |
| Government Budget to GDP | -8.3 % | 2020 |
| Military Expenditure | 142 USD Million | 0.142 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 153 index points | Apr/22 |
| Food Inflation | 13.2 % | Apr/22 |
| GDP Deflator | 114 index points | 4Q/21 |
| Inflation Rate YoY | 10.5 % | Apr/22 |
| Producer Prices | 168 index points | 1Q/22 |
| Inflation Rate Mom | 3.7 % | Apr/22 |
| Core Inflation Rate | 2.3 % | Feb/22 |
| CPI Housing Utilities | 145 Index Points | Apr/22 |
| CPI Transportation | 129 Index Points | Apr/22 |
| Producer Prices Change | 13.1 % | 1Q/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -10 % | 2020 |
| Balance of Trade | -218 USD Million | -0.218 USD Billion | Dec/21 |
| Capital Flows | -733 USD Million | -0.733 USD Billion | 2019 |
| Current Account | -1209 USD Million | -1.209 USD Billion | 2021 |
| Exports | 174 USD Million | 0.174 USD Billion | Dec/21 |
| External Debt | 5389 USD Million | 5.389 B USD | 2020 |
| Imports | 392 USD Million | 0.392 USD Billion | Dec/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interbank Rate | 5.46 % | Mar/22 |
| Interest Rate | 5 % | May/22 |
| Money Supply M1 | 1315 RWF Billion | 1.288 USD Billion | Mar/22 |
| Money Supply M2 | 2503 RWF Billion | 2.451 USD Billion | Mar/22 |
| Money Supply M3 | 3553 RWF Billion | 3.48 USD Billion | Mar/22 |
| Deposit Interest Rate | 8.11 % | 2021 |
| Foreign Direct Investment | 212 USD Million | 0.212 B USD | 2021 |
| Private Sector Credit | 2628 RWF Billion | 2.574 B USD | Mar/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 23.8 % | Nov/21 |
| Living Wage Family | 219000 RWF/Month | 229.301 USD/Month | 2018 |
| Wages High Skilled | 538400 RWF/Month | 563.724 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 30 % | 2021 |
| Personal Income Tax Rate | 30 % | 2021 |
| Sales Tax Rate | 18 % | 2021 |
| Social Security Rate | 8 % | 2021 |
| Social Security Rate For Companies | 5 % | 2021 |
| Social Security Rate For Employees | 3 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Industrial Production | 30.3 % | 0Q/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 53 index points | 2021 |
| Corruption Rank | 52 place | 2021 |
| Ease of Doing Business | 38 place | 2019 |
| Manufacturing Production | 36.8 % | 0Q/22 |
| Competitiveness Index | 52.82 Index Points | 2019 |
| Competitiveness Rank | 100 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Spending | 1819 RWF Billion | 1.781 USD Billion | 4Q/21 |
