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Rwanda is a landlocked country in Central Africa with a land size of 26,338 sq.km. Rwanda has made remarkable progress, peace and political stability have been re-established, reconciliation efforts are continuing, and democratic institutions and processes are being strengthened. Poverty and social indicators have also improved. Rwanda has been able to maintain overall macroeconomic stability and implement extensive reforms which have contributed to a strong growth performance.
Rwanda Economic Outlook
- GDP growth slowed to 6.0% in 2016 and headline inflation rose sharply to 7.2%, the highest level since 2012.
- Rwanda remains peaceful and stable and preparation for the August 2017 presidential elections have commenced, with the constitution amended to address presidential term limits.
- Macroeconomic stability and an increasingly attractive investment climate are creating a favourable environment for business start-ups, entrepreneurs and other private sector actors.
Key Facts
Flag: | ![]() |
Capital: | Kigali |
Area: | 26,000 sq km |
Total Population 2017: | 12.2 Million |
Urban Population 2017: | 73.50% |
Female Population 2017: | 49.70% |
GDP: | US$ 9.0 Billion |
GNI Per Capita 2015: | US$ 700 |
Inflation Rate: | 5.52% |
Crude Birth Rate (per 1000): | 29.90% |
Human Development Index (rank / 188): | 159 |
Human Development Index (scale 0 to 1): | 0.498 |
Membership Date: | 19/01/1965 |
Cumulative Approvals (1967-2016): | UA 848.9 Million |