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Economy of Rwanda. Statistics, Data and Indicators

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Rwanda
30B Credit rank #93
N/A Quality of life #
54 Corruption rank#44
38 Ease of doing business#29
Rwanda


Rwanda Major Economic Indicators

Indicator Data Period
GDP Value 13.31 USD Billion 2022
GDP Annual Growth Rate 6.3 % 2Q/23
GDP Growth Rate 1.4 % 2Q/23
GDP per capita 940 USD 2022
Inflation Rate YoY 17.4 % Aug/23
Interest Rate 7.5 % Aug/23
Unemployment Rate 16.8 % May/23
Balance of Trade -315 USD Million | -0.315 B USD Jul/23
Current Account -1353 USD Million | -1.353 B USD 2022


GDP Indicators

Indicator Data Period
GDP Value 13.31 USD Billion 2022
GDP Annual Growth Rate 6.3 % 2Q/23
GDP Growth Rate 1.4 % 2Q/23
GDP per capita 940 USD 2022
GDP Constant Prices 2780 RWF Billion | 2.272 B USD 2Q/23
GDP per capita PPP 2365 USD 2022
GDP From Agriculture  613 RWF Billion | 0.501 B USD 2Q/23
GDP From Construction  169 RWF Billion | 0.138 B USD 2Q/23
GDP From Manufacturing  249 RWF Billion | 0.203 B USD 2Q/23
GDP From Mining  47 RWF Billion | 0.038 B USD 2Q/23
GDP From Public Administration  154 RWF Billion | 0.126 B USD 2Q/23
GDP From Services  1394 RWF Billion | 1.139 B USD 2Q/23
GDP From Transport  135 RWF Billion | 0.11 B USD 2Q/23


Budget Indicators

Indicator Data Period
Government Debt to GDP 64.4 % 2022
Government Spending 563 RWF Billion | 0.46 USD Billion 2Q/23
Government Budget to GDP -7.9 % 2021
Military Expenditure 177 USD Million | 0.177 B USD 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 192 index points Aug/23
Food Inflation 30.8 % Aug/23
GDP Deflator 143 index points 2Q/23
Inflation Rate YoY 17.4 % Aug/23
Producer Prices 205 index points 2Q/23
Inflation Rate Mom 1.2 % Aug/23
Core Inflation Rate 12.1 % Aug/23
CPI Housing Utilities 145 Index Points Aug/23
CPI Transportation 143 Index Points Aug/23
Producer Prices Change  24.1 % 2Q/23


Trade Indicators

Indicator Data Period
Current Account to GDP -11.6 % 2022
Balance of Trade -315 USD Million | -0.315 USD Billion Jul/23
Capital Flows -461 USD Million | -0.461 USD Billion 2022
Current Account -1353 USD Million | -1.353 USD Billion 2022
Exports 185 USD Million | 0.185 USD Billion Jul/23
External Debt 5389 USD Million | 5.389 B USD 2020
Imports 500 USD Million | 0.5 USD Billion Jul/23


Money Indicators

Indicator Data Period
Interbank Rate 8 % Aug/23
Interest Rate 7.5 % Aug/23
Money Supply M1 1979 RWF Billion | 1.617 USD Billion Jul/23
Money Supply M2 3298 RWF Billion | 2.695 USD Billion Jul/23
Money Supply M3 4457 RWF Billion | 3.642 USD Billion Jul/23
Deposit Interest Rate 7.58 % 2022
Foreign Direct Investment 316 USD Million | 0.316 B USD 2022
Private Sector Credit  3502 RWF Billion | 2.862 B USD Jul/23


Labor Indicators

Indicator Data Period
Unemployment Rate 16.8 % May/23
Living Wage Family 219000 RWF/Month | 229.301 USD/Month 2018
Wages High Skilled 538400 RWF/Month | 563.724 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Industrial Production -2.7 % 2Q/23


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 2.4 % 2Q/23
Competitiveness Index 52.82 Index Points 2019
Competitiveness Rank 100 2019


Consumer Indicators

Indicator Data Period
Consumer Spending 1859 RWF Billion | 1.519 USD Billion 2Q/23