In 2019, Rwanda's GDP was 9.4 percent higher compared to 2018.
Key Results:
In 2019, estimates calculated using the 2017 benchmark show that annual GDP increased by 9.4%. The level of GDP is now at Frw 9,105 billion.
Agriculture sector contributed 24%, Industry contributed 18%, Services contributed 49% while the remainder 9% was attributed to net tax on products.
Sectors grew as follows:
- Agriculture: 5%
- Industry: 16%
- Services: 8%
In agriculture, food crop growth was 4%. Export crops growth was 5% mainly due to growth in coffee and tea that increased by 7% and 3% respectively.
Rwanda's CPI is 8.7 pct year on year in February 2020
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 8.7 percent year on year in February 2020 up from 7.3 percent in January 2020.
Rwanda's CPI is 7.3 pct year on year in January 2020
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 7.3 percent year on year in January 2020 up from 6.7 percent in December 2019.
Unemployment rate declined by 3.4 percent in the last 3 years
UR=Unemployment rate, EPR=Employment to population Ratio, LFPR=Labour Force Participation Rate
Rwanda's CPI is 6.7 pct year on year in December 2019
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 6.7 percent year on year in December 2019 down from 6.9 percent in November 2019.
Rwanda's CPI is 6.9 pct year on year in November 2019
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 6.9 percent year on year in November 2019 up from 4.4 percent in October 2019.
Rwanda's CPI is 4.4 pct year on year in October 2019
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 4.4 percent year on year in October 2019 up from 3.1 percent in September 2019.
Rwanda’s unemployment rate increasing in Quarter 3, 2019
UR=Unemployment rate, EPR=Employment to population Ratio, LFPR=Labour Force Participation Rate
Rwanda's CPI is 3.1 pct year on year in September 2019
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 3.1 percent year on year in September 2019 up from 2.3 percent in August 2019.
Rwanda's CPI is 2.3 pct year on year in August 2019
Rwanda’s Consumer Price Index (CPI), main gauge of inflation increased by 2.3 percent year on year in August 2019 up from 1.9 percent in July 2019.