| Introduction - Rwanda: |
| Location - Rwanda: |
| People - Rwanda: |
| Government - Rwanda: |
| Economy - Rwanda: |
Economy overview | Rwanda is a poor rural country with about 90% of the population engaged in (mainly subsistence) agriculture. It is the most densely populated country in Africa and is landlocked with few natural resources and minimal industry. Primary foreign exchange earners are coffee and tea. The 1994 genocide decimated Rwandas fragile economic base, severely impoverished the population, particularly women, and eroded the countrys ability to attract private and external investment. However, Rwanda has made substantial progress in stabilizing and rehabilitating its economy to pre-1994 levels, although poverty levels are higher now. GDP has rebounded and inflation has been curbed. Despite Rwandas fertile ecosystem, food production often does not keep pace with population growth, requiring food imports. Rwanda continues to receive substantial aid money and obtained IMF-World Bank Heavily Indebted Poor Country (HIPC) initiative debt relief in 2005-06. Rwanda also received Millennium Challenge Account Threshold status in 2006. Kigalis high defense expenditures have caused tension between the government and international donors and lending agencies. Energy shortages, instability in neighboring states, and lack of adequate transportation linkages to other countries continue to handicap growth. |
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Gdp purchasing power parity | $13.7 billion (2006 est.) |
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Gdp official exchange rate | $1.968 billion (2006 est.) |
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Gdp real growth rate | 5.8% (2006 est.) |
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Gdp per capita ppp | $1,600 (2006 est.) |
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Gdp composition by sector | agriculture: 39.4%
industry: 23.3%
services: 37.3% (2006 est.) |
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Labor force | 4.6 million (2000) |
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Labor force by occupation | agriculture: 90%
industry and services: 10% |
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Unemployment rate | NA% |
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Population below poverty line | 60% (2001 est.) |
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Household income or consumption by percentage share | lowest 10%: 4.2%
highest 10%: 24.2% (1985) |
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Distribution of family income gini index | 28.9 (1985) |
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Inflation rate consumer prices | 6.7% (2006 est.) |
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Investment gross fixed | 19.8% of GDP (2006 est.) |
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Budget | revenues: $560.9 million
expenditures: $654 million; including capital expenditures of $NA (2006 est.) |
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Agriculture products | coffee, tea, pyrethrum (insecticide made from chrysanthemums), bananas, beans, sorghum, potatoes; livestock |
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Industries | cement, agricultural products, small-scale beverages, soap, furniture, shoes, plastic goods, textiles, cigarettes |
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Industrial production growth rate | 7% (2001 est.) |
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Electricity production | 93 million kWh (2004) |
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Electricity consumption | 196.5 million kWh (2004) |
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Electricity exports | 10 million kWh (2004) |
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Electricity imports | 120 million kWh (2004) |
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Oil production | 0 bbl/day (2004 est.) |
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Oil consumption | 5,400 bbl/day (2004 est.) |
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Oil exports | NA bbl/day |
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Oil imports | NA bbl/day |
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Oil proved reserves | 0 bbl (1 January 2005) |
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Natural gas production | 0 cu m (2004 est.) |
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Natural gas consumption | 0 cu m (2004 est.) |
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Natural gas proved reserves | 56.63 billion cu m (1 January 2005 est.) |
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Current account balance | -$104.1 million (2006 est.) |
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Exports | $135.4 million f.o.b. (2006 est.) |
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Exports commodities | coffee, tea, hides, tin ore |
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Exports partners | China 10.2%, Germany 9.6%, US 4.3% (2006) |
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Imports | $390.4 million f.o.b. (2006 est.) |
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Imports commodities | foodstuffs, machinery and equipment, steel, petroleum products, cement and construction material |
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Imports partners | Kenya 19.7%, Germany 7.8%, Uganda 6.9%, Belgium 5% (2006) |
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Reserves of foreign exchange and gold | $422.8 million (2006 est.) |
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Debt external | $1.4 billion (2004 est.) |
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Economic aid recipient | $425 million (2003) |
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Currency code | Rwandan franc (RWF) |
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Exchange rates | Rwandan francs per US dollar - 560 (2006), 610 (2005), 574.62 (2004), 537.66 (2003), 476.33 (2002) |
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| Communications - Rwanda: |
| Transportation - Rwanda: |
| Military - Rwanda: |
This page was last updated on 16 September, 2007
