Markets Actual Q3 Q4 Q1 Q2 2020
Currency 921.37 932 945 958 971 998
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) -0.50 1.7 4.3 0.4 1.6 1.8
GDP Annual Growth Rate (%) 8.40 7.6 7.8 7.5 7.7 8
Unemployment Rate (%) 15.00 15 15 16 16 16
Inflation Rate (%) 2.80 3.4 2.3 1.8 2.2 3
Interest Rate (%) 5.00 5 5 4.5 4.5 4
Balance of Trade (USD Million) -130.00 -100 -100 -100 -100 -100
Current Account to GDP (%) -14.10 -11 -11 -10.5 -10.5 -10.5
Government Debt to GDP (%) 40.20 38 38 40 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 Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) -0.50 1.7 4.3 0.4 1.6 1.8
GDP Annual Growth Rate (%) 8.40 7.6 7.8 7.5 7.7 8
GDP (USD Billion) 9.51 9.8 9.8 10 10 10
Gross Fixed Capital Formation (RWF Billion ) 598.00 658 658 656 656 708
GDP per capita (USD) 826.30 850 850 910 910 910
GDP per capita PPP (USD) 2003.13 1892 1914 1914 1954 1954
GDP Constant Prices (RWF Billion ) 1900.00 1925 2058 2054 2052 2216
GDP From Agriculture (RWF Billion) 505.00 497 528 527 527 569
GDP From Construction (RWF Billion) 156.00 142 156 156 156 168
GDP From Manufacturing (RWF Billion) 111.00 116 123 123 123 132
GDP From Mining (RWF Billion ) 39.00 64.36 60.37 60.26 60.2 65.02
GDP From Public Administration (RWF Billion) 82.00 93.42 99.18 98.99 98.9 107
GDP From Services (RWF Billion ) 934.00 948 1019 1017 1016 1097
GDP From Transport (RWF Billion) 86.00 90.31 90.55 90.38 90.3 97.52
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 15.00 15 15 16 16 16
Wages High Skilled (RWF/Month) 538400.00 538400 538400 538400 538400 538400
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 2.80 3.4 2.3 1.8 2.2 3
Food Inflation (%) 0.60 2.9 3 3 3 2.5
Producer Prices (Index Points) 141.20 136 133 145 144 137
Producer Prices Change (%) 17.25 10 7.6 5.3 5 3.1
Consumer Price Index Cpi (Index Points) 125.17 126 121 123 126 125
CPI Transportation (Index Points) 118.46 121 121 119 121 125
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 5.00 5 5 4.5 4.5 4
Deposit Interest Rate (%) 5.39 5.39 5.39 4.89 4.89 4.89
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Million) -130.00 -100 -100 -100 -100 -100
Current Account to GDP (%) -14.10 -11 -11 -10.5 -10.5 -10.5
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 40.20 38 38 40 40 40
Government Budget (% of GDP) -4.80 -4.8 -4.8 -4.8 -4.8 -4.8
Government Spending (RWF Billion ) 298.00 296 319 318 318 344
Taxes Actual Q3 Q4 Q1 Q2 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 Q3 Q4 Q1 Q2 2020
Consumer Spending (RWF Billion ) 1444.00 1386 1520 1517 1516 1637


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.