What is the GDP of Rwanda?

Rwanda's GDP is approximately $14.3 billion USD. The GDP growth rate is 8.9%.

What is the population of Rwanda?

Rwanda has a population of approximately 14.3 million people. The population growth rate is 2.1%.

What is the inflation rate in Rwanda?

The inflation rate in Rwanda is 1.8%.

What is the unemployment rate in Rwanda?

The unemployment rate in Rwanda is 11.4%.

What is the GDP per capita of Rwanda?

Rwanda's GDP per capita is approximately $1,000 USD.

Is Rwanda a good country to invest in?

Rwanda has an investment score of 52/100, classified as "Moderate" risk. Key sectors include Agriculture, Tourism, ICT & Services. Credit rating: NR.

How open is Rwanda's economy to trade?

Rwanda's trade openness (trade as % of GDP) is 70%. Exports total approximately $4.4B and imports $5.6B.

How much foreign investment does Rwanda attract?

Foreign direct investment (FDI) in Rwanda is 4% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Rwanda?

Rwanda's economy is composed of services (48% of GDP), industry (21% of GDP), and agriculture (25% of GDP).

Can I start a business in Rwanda as a foreigner?

Rwanda offers various options for foreign entrepreneurs. Visit our business setup guide for Rwanda for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Rwanda's economy growing?

Rwanda's GDP growth rate is 8.9%. This is above the global average, indicating strong economic momentum.

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Rwanda Economy Overview

Name: Rwanda Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Sub-Saharan AfricaLow IncomeCapital: KigaliRWA

Moderate

Growing

14.3B USD

GDP (Nominal)

Growing at 8.9%

$1,000

GDP Per Capita

Developing economy

14.3M

Population

+2.1% annual growth

Stable

1.8%

Inflation

Price stability

70%of GDP

Trade Openness

Strong

4%of GDP

FDI Inflows

Public Debt

High

11.4%

Unemployment

Deficit

-$1.2B

Trade Balance

GDP

Billion USD, nominal

$14.3B

2024-0.1B

GDP Growth

Annual %

8.9%

2024+0.7%

Inflation

Consumer prices, annual %

1.8%

2024-18.0%

Population

Millions

14.3M

2024+0.3M

Economic Structure

Services48%

Industry21%

Agriculture25%

Investment Score Breakdown

Economic Health (30%)50

Political Safety (25%)58

Business Climate (20%)62

Financial Strength (15%)42

Growth Potential (10%)65

Key Sectors

Agriculture

25% of GDP

stable

Tourism

5% of GDP

growing

ICT & Services

8% of GDP

growing

Mining

3% of GDP

growing

Should I Invest in Rwanda?

HoldSetup: ModerateROI: Moderate

Rwanda scores 52/100 on the NationsData Investment Index, rated "Moderate". The economy is growing at 7.5%, offering expanding market opportunity. Business setup takes approximately 24 days with a corporate tax rate of 30%.

Investment Score52/100

GDP Growth7.5%

Inflation8%

FDI/GDP2.8%

Public Debt68%

Political Stability0.1

Corporate Tax30%

Ease of Business#38

Strengths

+Strong GDP growth at 7.5% - expanding market opportunity
+100% foreign ownership allowed - no local partner required

Risks

-Elevated inflation (8%) - factor into pricing strategy
-Large current account deficit (-10.5%) - currency depreciation risk

Best For

Labor-intensive manufacturing

Also Consider

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