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 (2019): China, United Arab Emirates, and Democratic Republic of the Congo
Top 3 Exported Goods (2019): Precious Stones & Metals, Coffee & Spices, and Oil & Mineral Fuels

Top Industries Source: CIA World Factbook

Cement; Agricultural Products; Small-Scale Beverages; Soap

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $28,675,688,047 (2020)
GDP Growth Rate (annual %) -3.355% (2020)
GDP Per Capita, PPP (current international) $2,214 (2020)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 138/197 (2020)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 9.85% (2020)
External debt stocks, total (DOD, current US$) $6,211,440,990 (2019)
Total tax rate (% of commercial profits) 33.2% (2019)
Real Interest Rate (5 year average %) 7.462% (2020)
Manufacturing, value added (% of GDP) 9.003% (2020)
Current Account Balance (BoP, current US$) ($1,253,742,221) (2019)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 6,296,625 (2020)
Employment in Agriculture (% of total employment) 61.681% (2020)
Employment in Industry (% of total employment) 9.086% (2020)
Employment in Services (% of total employment) 29.233% (2020)
Unemployment Rate 1.35% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $3,649,281,982 (2020)
Exports of goods and services (current US$) $1,966,588,426 (2020)
Total Merchandise Trade (% of GDP) 46.545% (2020)
FDI, net inflows (BoP, current US$) $384,461,864 (2019)
Commercial Service Exports (current US$) $746,562,221 (2019)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank