Markets Actual Q2 Q3 Q4 Q1 2020
Currency 885.03 917 929 942 954 980
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 2.90 1.5 1.4 1.4 1.4 1.4
GDP Annual Growth Rate (%) 9.60 8.8 7.6 7.8 7.5 8
Unemployment Rate (%) 15.10 15 15 15 16 16
Inflation Rate (%) 0.20 1.3 2.4 3 -1 4
Interest Rate (%) 5.00 5 5 5 5 6
Balance of Trade (USD Million) -138.23 -100 -100 -100 -100 -100
Current Account to GDP (%) -14.10 -11 -11 -11 -10.5 -10.5
Government Debt to GDP (%) 40.20 38 38 38 40 40
Government Budget (% of GDP) -4.80 -4.8 -4.8 -4.8 -4.8 -4.8
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 2.90 1.5 1.4 1.4 1.4 1.4
GDP Annual Growth Rate (%) 9.60 8.8 7.6 7.8 7.5 8
GDP (USD Billion) 9.14 8.9 9.62 9.62 10 10
Gross Fixed Capital Formation (RWF Billion ) 610.00 576 658 658 656 710
GDP per capita (USD) 765.20 788 790 790 806 806
GDP per capita PPP (USD) 1854.20 1892 1914 1914 1954 1954
GDP Constant Prices (RWF Billion ) 1909.00 1829 1925 2058 2052 2223
GDP From Agriculture (RWF Billion) 490.00 502 497 528 527 570
GDP From Construction (RWF Billion) 145.00 129 142 156 156 169
GDP From Manufacturing (RWF Billion) 114.00 116 116 123 123 133
GDP From Mining (RWF Billion ) 56.00 41.76 64.36 60.37 60.2 65.2
GDP From Public Administration (RWF Billion) 92.00 84.56 93.42 99.18 98.9 107
GDP From Services (RWF Billion ) 945.00 895 948 1019 1016 1100
GDP From Transport (RWF Billion) 84.00 77.26 90.31 90.55 90.3 97.8
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 15.10 15 15 15 16 16
Wages High Skilled (RWF/Month) 538400.00 538400 538400 538400 538400 538400
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 0.20 1.3 2.4 3 -1 4
Food Inflation (%) -3.10 3 2.9 3 3 2.5
Producer Prices (Index Points) 123.31 124 124 126 123 130
Producer Prices Change (%) -0.50 1.2 1.6 2 -0.3 3.1
Consumer Price Index Cpi (Index Points) 122.19 124 125 122 120 127
CPI Transportation (Index Points) 117.47 117 120 122 116 127
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 5.00 5 5 5 5 6
Deposit Interest Rate (%) 5.95 5.45 5.45 5.45 5.45 5.45
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) -138.23 -100 -100 -100 -100 -100
Current Account to GDP (%) -14.10 -11 -11 -11 -10.5 -10.5
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 40.20 38 38 38 40 40
Government Budget (% of GDP) -4.80 -4.8 -4.8 -4.8 -4.8 -4.8
Government Spending (RWF Billion ) 296.00 265 296 319 318 345
Taxes Actual Q2 Q3 Q4 Q1 2020
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 18.00 18 18 18 18 18
Social Security Rate (%) 8.00 8 8 8 8 8
Social Security Rate For Companies (%) 5.00 5 5 5 5 5
Social Security Rate For Employees (%) 3.00 3 3 3 3 3
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Spending (RWF Billion ) 1410.00 1381 1386 1520 1516 1642


This page has economic forecasts for Rwanda including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Rwanda economy.