Rwanda: Economy

Economic Trivia

90% of the population works in agriculture, and it accounts for 33% of the economy.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): China, Uganda, and Tanzania
Top 3 Exported Goods (2014): Ores, Coffee & Spices, and Oil & Mineral Fuels

Top Industries Source: CIA World Factbook

Cement; Agricultural Products; Small-Scale Beverages; Soap

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $18,833,245,236 (2014)
GDP Growth Rate (annual %) 6.963% (2014)
GDP Per Capita, PPP (current international) $1,661 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 140/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 1.27% (2014)
External debt stocks, total (DOD, current US$) $1,690,497,000 (2013)
Total tax rate (% of commercial profits) 33% (2015)
Real Interest Rate (5 year average %) 13.672% (2010)
Manufacturing, value added (% of GDP) 4.843% (2014)
Current Account Balance (BoP, current US$) ($1,046,617,577) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 5,694,092 (2014)
Employment in Agriculture (% of total employment) 75.3% (2012)
Employment in Industry (% of total employment) 6.7% (2012)
Employment in Services (% of total employment) 16.2% (2012)
Unemployment Rate 0.6% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $2,409,956,076 (2014)
Exports of goods and services (current US$) $1,178,623,719 (2014)
Total Merchandise Trade (% of GDP) 40.468% (2014)
FDI, net inflows (BoP, current US$) $291,726,096 (2014)
Commercial Service Exports (current US$) $325,296,634 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Rwanda’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary