Producer Prices in Rwanda increased 3.80 percent in March of 2020 over the same month in the previous year. Producer Prices Change in Rwanda averaged 3.26 percent from 2011 until 2020, reaching an all time high of 17.25 percent in July of 2019 and a record low of -4.44 percent in September of 2013. The Producer Price Index (PPI) measures the average change over time in prices received by domestic producers for the production of their goods and services. It presents price changes for all combined products, products for local sales and that for exports. It covers a sample of 114 establishments and 402 products spread countrywide, both in Kigali City and in rural areas. This page provides - Rwanda Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Rwanda was recorded at 13.10 percent in March of 2020. Inflation Rate in Rwanda averaged 5.91 percent from 1997 until 2020, reaching an all time high of 28.10 percent in February of 1998 and a record low of -15.80 percent in February of 1999. In Rwanda, the two main components of the consumer price index are: Food and Non-Alcoholic Beverages (39 percent of total weight) and Housing and Utilities (18.3 percent). Others include: Transport (7.7 percent); Alcoholic Beverages and Tobacco (6.8 percent); Restaurants and Hotels (6.4 percent); Clothing and Footwear (5.3 percent) and Miscellaneous Goods and Services (5.2 percent). Household Contents, Equipment and Maintenance, Communication, Recreation and Culture, Education and Health account for the remaining 11.3 percent of total weight. . This page provides - Rwanda Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Rwanda recorded a government debt equivalent to 41.10 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Rwanda averaged 58.15 percent from 1995 until 2018, reaching an all time high of 119.50 percent in 1995 and a record low of 19.50 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Rwanda Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages Low Skilled in Rwanda remained unchanged at 99300 RWF/Month in 2018 from 99300 RWF/Month in 2018. Low Skilled Wages refer to highest estimate of wage of workers doing low-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Mining production in Rwanda increased 98.60 percent in February of 2020 over the same month in the previous year. Mining Production in Rwanda averaged 12.79 percent from 2012 until 2020, reaching an all time high of 184.20 percent in November of 2019 and a record low of -54.30 percent in July of 2018. This page provides - Rwanda Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Rwanda was last recorded at 826.30 US dollars in 2018. The GDP per Capita in Rwanda is equivalent to 7 percent of the world's average. GDP per capita in Rwanda averaged 411.94 USD from 1960 until 2018, reaching an all time high of 826.30 USD in 2018 and a record low of 207.50 USD in 1994. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Rwanda GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M1 in Rwanda decreased to 1146.10 RWF Billion in January from 1147.50 RWF Billion in December of 2019. Money Supply M1 in Rwanda averaged 442.40 RWF Billion from 2003 until 2020, reaching an all time high of 1147.50 RWF Billion in December of 2019 and a record low of 79.50 RWF Billion in January of 2003. This page provides - Rwanda Money Supply M1- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Rwanda decreased to 97.06 USD Million in February from 106.19 USD Million in January of 2020. Exports in Rwanda averaged 81.72 USD Million from 1998 until 2020, reaching an all time high of 590.80 USD Million in December of 2012 and a record low of 37.16 USD Million in February of 2016. Rwanda's exports remained dominated by traditional products such as coffee, tea and minerals like tin, coltan, wolfram and cassiterite. Rwanda's main exports partners are China, Germany and United States. Rwanda imports mainly food products, machinery and equipment, construction materials, petroleum products and fertilizers. This page provides - Rwanda Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Mining in Rwanda increased to 43 RWF Billion in the fourth quarter of 2019 from 40 RWF Billion in the third quarter of 2019. GDP From Mining in Rwanda averaged 28.16 RWF Billion from 2006 until 2019, reaching an all time high of 49 RWF Billion in the fourth quarter of 2018 and a record low of 10 RWF Billion in the first quarter of 2010. This page provides - Rwanda Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Rwanda increased to 2394.80 RWF Billion in January from 2391.30 RWF Billion in December of 2019. Money Supply M3 in Rwanda averaged 946.66 RWF Billion from 2003 until 2020, reaching an all time high of 12749.90 RWF Billion in March of 2015 and a record low of 148.20 RWF Billion in January of 2003. This page provides - Rwanda Money Supply M3- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of unemployed persons in Rwanda increased to 620.12 Thousand in the fourth quarter of 2019 from 601.02 Thousand in the third quarter of 2019. Unemployed Persons in Rwanda averaged 584.23 Thousand from 2019 until 2019, reaching an all time high of 620.12 Thousand in the fourth quarter of 2019 and a record low of 541.94 Thousand in the first quarter of 2019. This page provides - Rwanda Unemployed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Living Wage Family in Rwanda remained unchanged at 219000 RWF/Month in 2018 from 219000 RWF/Month in 2018. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates. This page provides - Rwanda Living Wage Family- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Rwanda increased to 2344 RWF Billion in the fourth quarter of 2019 from 2321 RWF Billion in the third quarter of 2019. GDP Constant Prices in Rwanda averaged 1507.07 RWF Billion from 2006 until 2019, reaching an all time high of 2344 RWF Billion in the fourth quarter of 2019 and a record low of 813 RWF Billion in the first quarter of 2006. This page provides the latest reported value for - Rwanda Gdp Constant Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate For Employees in Rwanda stands at 3 percent. In Rwanda, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Rwanda because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Rwanda Social Security Rate For Employees- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Production in Rwanda increased 3.10 percent in February of 2020 over the same month in the previous year. Manufacturing Production in Rwanda averaged 9.78 percent from 2007 until 2020, reaching an all time high of 35.30 percent in February of 2012 and a record low of -13.80 percent in March of 2013. This page provides - Rwanda Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Services in Rwanda increased to 1029 RWF Billion in the third quarter of 2019 from 956 RWF Billion in the second quarter of 2019. GDP From Services in Rwanda averaged 600.42 RWF Billion from 2006 until 2019, reaching an all time high of 1029 RWF Billion in the third quarter of 2019 and a record low of 286 RWF Billion in the first quarter of 2006. This page provides - Rwanda Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Rwanda stands at 30 percent. In Rwanda, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Rwanda. This page provides - Rwanda Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Rwanda increased to 178 RWF Billion in the fourth quarter of 2019 from 167 RWF Billion in the third quarter of 2019. GDP From Construction in Rwanda averaged 89.93 RWF Billion from 2006 until 2019, reaching an all time high of 178 RWF Billion in the fourth quarter of 2019 and a record low of 34 RWF Billion in the first quarter of 2006. This page provides - Rwanda Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Rwanda increased to 188 RWF Billion in the fourth quarter of 2019 from 187 RWF Billion in the third quarter of 2019. GDP From Manufacturing in Rwanda averaged 128.43 RWF Billion from 2006 until 2019, reaching an all time high of 196 RWF Billion in the second quarter of 2019 and a record low of 77 RWF Billion in the first quarter of 2006. This page provides - Rwanda Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Rwanda increased to 127 RWF Billion in the fourth quarter of 2019 from 104 RWF Billion in the third quarter of 2019. GDP From Public Administration in Rwanda averaged 57.71 RWF Billion from 2006 until 2019, reaching an all time high of 127 RWF Billion in the fourth quarter of 2019 and a record low of 26 RWF Billion in the first quarter of 2006. This page provides - Rwanda Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Rwanda was last recorded at 2003.13 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Rwanda, when adjusted by Purchasing Power Parity is equivalent to 11 percent of the world's average. GDP per capita PPP in Rwanda averaged 1163.02 USD from 1990 until 2018, reaching an all time high of 2003.13 USD in 2018 and a record low of 502.91 USD in 1994. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Rwanda GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Deflator in Rwanda decreased to 98 points in the fourth quarter of 2019 from 101 points in the third quarter of 2019. GDP Deflator in Rwanda averaged 80.71 points from 2006 until 2019, reaching an all time high of 102 points in the second quarter of 2019 and a record low of 50 points in the first quarter of 2006. This page provides - Rwanda Gdp Deflator- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Rwanda expanded 1 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Rwanda averaged 2.65 percent from 2000 until 2019, reaching an all time high of 13.20 percent in the fourth quarter of 2002 and a record low of -2.20 percent in the first quarter of 2013. Services is the largest sector of the Rwanda's economy and accounts for 53 percent of total GDP. Within services, the most important sub-sectors are: real estate activities (8 percent), wholesale and retail trade (8 percent), cultural, domestic & other services (6 percent), administrative and support service activities and public administration and defence; and compulsory social security (5 percent each). Agriculture, forestry and fishing account for 29 percent of GDP, with food crops contributing 17 percent. The industrial sector constitutes 18 percent of the GDP, with construction (7 percent) and manufacturing (6 percent) accounting for the largest shares. On the expenditure side, household consumption is the main component of GDP and accounts for 76 percent of its total use, followed by gross fixed capital formation (28 percent) and government expenditure (16 percent). Exports of goods and services account for 19 percent of GDP while imports account for 39 percent, subtracting 20 percent of total GDP. The major source of foreign trade is coffee, tea, tin cassiterite, wolframite and pyrethrum. This page provides - Rwanda GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Rwanda decreased to 143.49 points in February from 143.50 points in February of 2020. Producer Prices in Rwanda averaged 116.81 points from 2010 until 2020, reaching an all time high of 143.50 points in February of 2020 and a record low of 100 points in December of 2010. The Producer Price Index (PPI) measures the average change over time in prices received by domestic producers for the production of their goods and services. It presents price changes for all combined products, products for local sales and that for exports. It covers a sample of 114 establishments and 402 products spread countrywide, both in Kigali City and in rural areas. This page provides - Rwanda Producer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Rwanda recorded a trade deficit of 155.80 USD Million in February of 2020. Balance of Trade in Rwanda averaged -198.41 USD Million from 1998 until 2020, reaching an all time high of -100.59 USD Million in October of 2016 and a record low of -1268.30 USD Million in December of 2012. Rwanda's exports remained dominated by traditional products such as coffee, tea and minerals like tin, coltan, wolfram and cassiterite. Rwanda's main exports partners are China, Germany and United States. Rwanda imports mainly food products, machinery and equipment, construction materials, petroleum products and fertilizers. Main imports partners are Kenya, Germany, Uganda and Belgium. This page provides - Rwanda Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Rwanda stands at 5 percent. In Rwanda, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Rwanda because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Rwanda Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Rwanda was estimated at 12.4 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Rwanda had a population of 2.9 million people. The population of Rwanda represents 0.16 percent of the world´s total population which arguably means that one person in every 637 people on the planet is a resident of Rwanda. This page provides - Rwanda Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Rwanda is ranked 38 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Rwanda deteriorated to 38 in 2019 from 29 in 2018. Ease of Doing Business in Rwanda averaged 55.75 from 2008 until 2019, reaching an all time high of 143 in 2008 and a record low of 29 in 2018. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Rwanda.

Consumer Spending in Rwanda increased to 1860 RWF Billion in the fourth quarter of 2019 from 1773 RWF Billion in the third quarter of 2019. Consumer Spending in Rwanda averaged 1051.95 RWF Billion from 2006 until 2019, reaching an all time high of 1860 RWF Billion in the fourth quarter of 2019 and a record low of 594 RWF Billion in the first quarter of 2006. This page provides the latest reported value for - Rwanda Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Spending in Rwanda increased to 340 RWF Billion in the fourth quarter of 2019 from 321 RWF Billion in the third quarter of 2019. Government Spending in Rwanda averaged 198.84 RWF Billion from 2006 until 2019, reaching an all time high of 427 RWF Billion in the second quarter of 2019 and a record low of 97 RWF Billion in the first quarter of 2006. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides the latest reported value for - Rwanda Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Living Wage Individual in Rwanda remained unchanged at 108100 RWF/Month in 2018 from 108100 RWF/Month in 2018. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.

Labor Force Participation Rate in Rwanda increased to 55 percent in the fourth quarter of 2019 from 52.30 percent in the third quarter of 2019. Labor Force Participation Rate in Rwanda averaged 53.40 percent from 2019 until 2019, reaching an all time high of 55 percent in the fourth quarter of 2019 and a record low of 52.30 percent in the third quarter of 2019. This page provides - Rwanda Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Rwanda remained unchanged at 561 RWF Billion in the fourth quarter of 2019 from 561 RWF Billion in the third quarter of 2019. GDP From Agriculture in Rwanda averaged 415.52 RWF Billion from 2006 until 2019, reaching an all time high of 570 RWF Billion in the second quarter of 2019 and a record low of 268 RWF Billion in the first quarter of 2006. This page provides - Rwanda Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Rwanda stands at 18 percent. In Rwanda, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Rwanda. This page provides - Rwanda Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Rwanda stands at 8 percent. In Rwanda, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Rwanda because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Rwanda Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Rwanda recorded a Current Account deficit of 736.50 USD Million in 2018. Current Account in Rwanda averaged -228.55 USD Million from 1976 until 2018, reaching an all time high of 99.12 USD Million in 1994 and a record low of -1352.50 USD Million in 2016. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Rwanda Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lending Rate in Rwanda increased to 17.32 percent in January from 16.47 percent in December of 2019. Lending Rate in Rwanda averaged 16.61 percent from 2002 until 2020, reaching an all time high of 17.85 percent in April of 2015 and a record low of 14.16 percent in November of 2002. This page provides - Rwanda Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in Rwanda increased to 657 RWF Billion in the fourth quarter of 2019 from 596 RWF Billion in the third quarter of 2019. Gross Fixed Capital Formation in Rwanda averaged 324.39 RWF Billion from 2006 until 2019, reaching an all time high of 657 RWF Billion in the fourth quarter of 2019 and a record low of 93 RWF Billion in the first quarter of 2006. This page provides the latest reported value for - Rwanda Gross Fixed Capital Formation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Rwanda recorded a Current Account deficit of 7.80 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Rwanda averaged -6.63 percent from 1980 until 2018, reaching an all time high of 1.80 percent in 2004 and a record low of -15.90 percent in 2016. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Rwanda Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Rwanda decreased by 68 RWF Billion in the fourth quarter of 2019. Changes In Inventories in Rwanda averaged 7.32 RWF Billion from 2006 until 2019, reaching an all time high of 55 RWF Billion in the second quarter of 2019 and a record low of -68 RWF Billion in the fourth quarter of 2019. This page provides the latest reported value for - Rwanda Changes In Inventories - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Interbank Rate in Rwanda increased to 5.57 percent in January from 5.52 percent in December of 2019. Interbank Rate in Rwanda averaged 7.59 percent from 2002 until 2020, reaching an all time high of 12.85 percent in September of 2004 and a record low of 2.28 percent in March of 2005. This page provides - Rwanda Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Rwanda increased 24.10 percent in March of 2020 over the same month in the previous year. Food Inflation in Rwanda averaged 5.93 percent from 2010 until 2020, reaching an all time high of 26.60 percent in February of 2020 and a record low of -14.20 percent in October of 2018. This page provides - Rwanda Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Rwanda was last recorded at 4.50 percent. Interest Rate in Rwanda averaged 7.11 percent from 2005 until 2020, reaching an all time high of 9 percent in September of 2005 and a record low of 4.50 percent in March of 2020. In Rwanda interest rates decisions are taken by the National Bank of Rwanda. The official interest rate is the Key Repo Rate. This page provides the latest reported value for - Rwanda Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

It’s an odd feeling to come from California, one of the world’s most prodigious economies where the infrastructure and public systems are simultaneously falling apart in plain view, and arrive in the tiny, landlocked East African country of Rwanda. The first thing you notice is how exceptionally clean the streets of Kigali appear. That’s because of a ban on non-biodegradable […]