Gross Domestic Product (GDP) is the total market value of all final goods and services produced in a country in a given year. It is equal to the total consumer, investment and government spending, plus the value of exports, minus the value of imports.
The GDP numbers are reported in two forms: current RWF/dollar and constant RWF/dollar. Current dollar GDP is calculated using the average exchange rate
of the year in question. This makes comparisons between time periods difficult because of the effects of inflation.
Constant dollar GDP converts the current GDP into some standard era dollar, using appropriate deflators, thus factoring out the effects of inflation and allows easy comparisons between periods.
Constant dollar GDP is also known as the real GDP. It is important to differentiate GDP from Gross National Product (GNP). GDP includes only goods and services produced within the geographic boundaries of Rwanda, regardless of the producer's nationality. GNP doesn't include goods and services produced by foreign producers, but does include goods and services produced by Rwanda firms operating in foreign countries.
- GDP National Accounts Fiscal Year 2010 / 11
- Quarterly GDP, Quarter II 2011
- EXECUTIVE SUMMARY (Fiscal Year estimates 2009/10)