This article needs additional citations for verification. (February 2013) |
Currency | Rwandan franc (RWF, FRw) |
---|---|
calendar year | |
Trade organisations | AU, AfCFTA, WTO, ECCAS, EAC, COMESA |
Country group | |
Statistics | |
Population | 12,374,397 (2019 proj.)[3] |
GDP | |
GDP rank | |
GDP growth |
|
GDP per capita | |
GDP per capita rank | |
GDP by sector |
|
6.9% (2020 est.)[6] | |
Population below poverty line | |
43.7 medium (2016)[8] | |
Labour force | |
Labour force by occupation |
|
Unemployment | 13.1% (Q1, 2020)[12] |
Main industries | cement, agricultural products, small-scale beverages, soap, furniture, shoes, plastic goods, textiles, cigarettes |
External | |
Exports | $1.05 billion (2017 est.)[5] |
Export goods | coffee, tea, hides, tin ore |
Main export partners |
|
Imports | $1.922 billion (2017 est.)[5] |
Import goods | foodstuffs, machinery and equipment, steel, petroleum products, cement and construction material |
Main import partners | |
FDI stock |
|
−$622 million (2017 est.)[5] | |
Gross external debt | $3.258 billion (31 December 2017 est.)[5] |
Public finances | |
40.5% of GDP (2017 est.)[5] | |
−4.3% (of GDP) (2017 est.)[5] | |
Revenues | 1.943 billion (2017 est.)[5] |
Expenses | 2.337 billion (2017 est.)[5] |
Economic aid | recipient: $285 Million (2015) |
$997.6 million (31 December 2017 est.)[5] | |
All values, unless otherwise stated, are in US dollars. |
The economy of Rwanda has undergone rapid industrialisation due to a successful governmental policy. It has a mixed economy.[13] Since the early-2000s, Rwanda has witnessed an economic boom, which improved the living standards of many Rwandans. The President of Rwanda, Paul Kagame, has noted his ambition to make Rwanda the "Singapore of Africa".[14] The industrial sector is growing, contributing 16% of GDP in 2012.[15]
MINAGRI Annual Report 2018-2019
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