GDP National Accounts (First Quarter 2023)
In the first quarter of 2023, GDP at current market prices was estimated at Frw 3, 901 billion, up from Frw 3,021 billion in Q1 2022. In this quarter, services sector contributed 44 percent of GDP, agriculture sector contributed 27 percent of the GDP, Industry sector contributed 22 percent of the GDP and 8 percent was attributed to adjustment for taxes and subsidies on products.
Foreign Private Capital 2022 Census - Report
The FPC 2022 census covered 305 enterprises, of which 245 responded, representing a response rate of 80.2 percent. Findings revealed that FPC inflows increased by 40.7 percent, up to USD 543.8 million in 2021 from USD 386.4 million in 2020, reflecting the recovery of economic activities and improvement in business environment.
KEY TRENDS: 5th Rwanda Population and Housing Census (PHC) - Kinyarwanda
Following are key trends from the fifth Rwanda Population and Housing Census (PHC) in Kinyarwanda language
Consumer Price Index - May 2023
Urban CPI increased by 14.1 percent on annual basis (May 2023 and May 2022) and decreased by 1.3 percent on monthly basis (May 2023 to April 2023). The annual average inflation rate between May 2023 and May 2022 was 18.2 percent.
Index of Industrial Production (April-2023)
In April 2023, the Index of Industrial Production (IIP) shows that, industrial output (formal sector) increased by 5.5 percent compared to April 2022, against an increase of 8.2 percent on annual average basis.
Formal external trade in Goods report (April 2023)
The deficit in the balance of formal trade in goods was US$ 256.58 million in April 2023, a decrease of 20.33 per cent compared to the previous month of March. Year-over-year, the formal trade in goods deficit increased by 0.15 per cent on the deficit of April 2022.
Producer Price Index Report - April 2023
Rwanda’s general Producer Price Index combining both prices for local and export products registered an annual increase of 9.5 percent in April 2023, Local PPI increased by 10.6 percent in April 2023, and Export PPI increased by 6.5 percent in April 2023.
Labour Force Survey Trends - February 2023 (Q1)
The Labour Force Survey (LFS) programme collect data on employment and labour underutilization characteristics of the population on a continuous basis, providing quarterly estimates of the main labour force aggregates with sufficient precision at the National level since 2016.
Consumer Price Index - April 2023
Urban CPI increased by 17.8 percent on annual basis (April 2023 and April 2022) and increased by 1.1 percent on monthly basis (April 2023 to March 2023). The annual average inflation rate between April 2023 and April 2022 was 18.1 percent.
Formal external trade in Goods report (March 2023)
The deficit in the balance of formal trade in goods was US$ 322.04 million in March 2023, an increase of 18.99 per cent compared to the previous month of February. Year-over-year, the formal trade in goods deficit increased by 15.98 per cent on the deficit of March 2022.