Markets Actual Q1 Q2 Q3 Q4 2020
Currency 894.14 907 922 937 952 983
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 5.80 1.4 1.5 1.4 1.4 1.4
GDP Annual Growth Rate (%) 7.70 7.3 7.4 7.4 7.5 6.6
Unemployment Rate (%) 16.00 15 15 15 15 16
Inflation Rate (%) 0.10 1.9 -5.6 -5.6 1.7 5
Interest Rate (%) 5.50 5 5 5 5 6
Balance of Trade (USD Million) -99.53 -100 -100 -100 -100 -100
Current Account to GDP (%) -14.10 -11 -11 -11 -11 -10.5
Government Debt to GDP (%) 40.20 38 38 38 38 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 Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 5.80 1.4 1.5 1.4 1.4 1.4
GDP Annual Growth Rate (%) 7.70 7.3 7.4 7.4 7.5 6.6
GDP (USD Billion) 9.14 8.9 8.9 9.62 9.62 10
Gross Fixed Capital Formation (RWF Billion ) 634.00 577 572 657 682 727
GDP per capita (USD) 765.20 788 788 790 790 806
GDP per capita PPP (USD) 1854.20 1892 1892 1914 1914 1954
GDP Constant Prices (RWF Billion ) 1854.00 1815 1817 1923 1993 2125
GDP From Agriculture (RWF Billion) 479.00 502 499 497 515 549
GDP From Construction (RWF Billion) 137.00 129 133 147 147 157
GDP From Manufacturing (RWF Billion) 112.00 107 115 116 120 128
GDP From Mining (RWF Billion ) 62.00 37.56 42.96 66.59 66.65 71.05
GDP From Public Administration (RWF Billion) 90.00 91.21 86.99 96.66 96.75 103
GDP From Services (RWF Billion ) 913.00 900 889 947 981 1046
GDP From Transport (RWF Billion) 87.00 79.81 76.74 90.22 93.53 99.7
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 16.00 15 15 15 15 16
Wages High Skilled (RWF/Month) 538400.00 362500 538400 538400 538400 538400
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 0.10 1.9 -5.6 -5.6 1.7 5
Food Inflation (%) -6.90 2.2 3 2.9 3 2.5
Producer Prices (Index Points) 122.17 129 129 126 129 136
Producer Prices Change (%) -1.50 5 5.3 3.35 5.6 5.5
Consumer Price Index Cpi (Index Points) 118.68 123 115 115 122 128
CPI Transportation (Index Points) 118.21 111 109 110 120 126
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 5.50 5 5 5 5 6
Deposit Interest Rate (%) 5.95 5.45 5.45 5.45 5.45 5.45
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -99.53 -100 -100 -100 -100 -100
Current Account to GDP (%) -14.10 -11 -11 -11 -11 -10.5
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 40.20 38 38 38 38 40
Government Budget (% of GDP) -4.80 -4.8 -4.8 -4.8 -4.8 -4.8
Government Spending (RWF Billion ) 285.00 265 273 306 306 327
Taxes Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2020
Consumer Spending (RWF Billion ) 1335.00 1404 1371 1384 1435 1530


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.