Economy of Rwanda. Statistics, Data and Indicators
Rwanda
| 30B | Credit rank #93 |
| N/A | Quality of life # |
| 54 | Corruption rank#44 |
| 38 | Ease of doing business#29 |
Rwanda Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 11.07 USD Billion | 2021 |
| GDP Annual Growth Rate | 10 % | 3Q/22 |
| GDP Growth Rate | 3.6 % | 3Q/22 |
| GDP per capita | 890 USD | 2021 |
| Inflation Rate YoY | 31.7 % | Dec/22 |
| Interest Rate | 6.5 % | Dec/22 |
| Unemployment Rate | 18.1 % | Aug/22 |
| Balance of Trade | -292 USD Million | -0.292 B USD | Nov/22 |
| Current Account | -1209 USD Million | -1.209 B USD | 2021 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 11.07 USD Billion | 2021 |
| GDP Annual Growth Rate | 10 % | 3Q/22 |
| GDP Growth Rate | 3.6 % | 3Q/22 |
| GDP per capita | 890 USD | 2021 |
| GDP Constant Prices | 2709 RWF Billion | 2.532 B USD | 3Q/22 |
| GDP per capita PPP | 2239 USD | 2021 |
| GDP From Agriculture | 618 RWF Billion | 0.578 B USD | 3Q/22 |
| GDP From Construction | 149 RWF Billion | 0.139 B USD | 3Q/22 |
| GDP From Manufacturing | 234 RWF Billion | 0.219 B USD | 3Q/22 |
| GDP From Mining | 41 RWF Billion | 0.038 B USD | 3Q/22 |
| GDP From Public Administration | 168 RWF Billion | 0.157 B USD | 3Q/22 |
| GDP From Services | 1356 RWF Billion | 1.268 B USD | 3Q/22 |
| GDP From Transport | 133 RWF Billion | 0.124 B USD | 3Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 66.7 % | 2021 |
| Government Spending | 520 RWF Billion | 0.486 USD Billion | 3Q/22 |
| Government Budget to GDP | -8.5 % | 2021 |
| Military Expenditure | 164 USD Million | 0.164 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 178 index points | Dec/22 |
| Food Inflation | 59.2 % | Dec/22 |
| GDP Deflator | 132 index points | 3Q/22 |
| Inflation Rate YoY | 31.7 % | Dec/22 |
| Producer Prices | 178 index points | 4Q/22 |
| Inflation Rate Mom | -1.5 % | Dec/22 |
| Core Inflation Rate | 11.1 % | Dec/22 |
| CPI Housing Utilities | 149 Index Points | Dec/22 |
| CPI Transportation | 138 Index Points | Dec/22 |
| Producer Prices Change | 12.9 % | 4Q/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -10.9 % | 2021 |
| Balance of Trade | -292 USD Million | -0.292 USD Billion | Nov/22 |
| Capital Flows | -138 USD Million | -0.138 USD Billion | 2021 |
| Current Account | -1209 USD Million | -1.209 USD Billion | 2021 |
| Exports | 151 USD Million | 0.151 USD Billion | Nov/22 |
| External Debt | 5389 USD Million | 5.389 B USD | 2020 |
| Imports | 443 USD Million | 0.443 USD Billion | Nov/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interbank Rate | 7.1 % | Dec/22 |
| Interest Rate | 6.5 % | Dec/22 |
| Money Supply M1 | 1629 RWF Billion | 1.523 USD Billion | Oct/22 |
| Money Supply M2 | 2857 RWF Billion | 2.671 USD Billion | Oct/22 |
| Money Supply M3 | 3796 RWF Billion | 3.548 USD Billion | Oct/22 |
| Deposit Interest Rate | 8.05 % | 2021 |
| Foreign Direct Investment | 212 USD Million | 0.212 B USD | 2021 |
| Private Sector Credit | 3161 RWF Billion | 2.955 B USD | Oct/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 18.1 % | Aug/22 |
| 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 % | 2022 |
| Personal Income Tax Rate | 30 % | 2022 |
| Sales Tax Rate | 18 % | 2022 |
| Social Security Rate | 8 % | 2022 |
| Social Security Rate For Companies | 5 % | 2022 |
| Social Security Rate For Employees | 3 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Industrial Production | 2.6 % | 3Q/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 51 index points | 2022 |
| Corruption Rank | 54 place | 2022 |
| Ease of Doing Business | 38 place | 2019 |
| Manufacturing Production | -1 % | 3Q/22 |
| Competitiveness Index | 52.82 Index Points | 2019 |
| Competitiveness Rank | 100 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Spending | 1976 RWF Billion | 1.847 USD Billion | 3Q/22 |
