Agriculture > products coffee, tea, pyrethrum (insecticide made from chrysanthemums), bananas, beans, sorghum, potatoes; livestock |
|
Aid as % of GDP
|
17.9% |
|
[13th of 129]
|
|
Definition: Economy > Aid as % of GDP |
|
Source: CIA World Factbook, 28 July 2005 |
|
Debt > External
|
$1,400,000,000.00 |
|
[10th of 136]
|
|
Definition: Economy > Debt > External |
|
Source: calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC |
|
Distribution of family income > Gini index
|
46.8 |
|
[8th of 43]
|
|
Definition: Economy > Distribution of family income > Gini index |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
Economic freedom
|
1.35 |
|
[136th of 156]
|
|
Definition: Economy > Economic freedom |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Economy > Overview Rwanda is a poor rural country with about 90% of the population engaged in (mainly subsistence) agriculture. It is the most densely populated country in Africa and is landlocked with few natural resources and minimal industry. Primary foreign exchange earners are coffee and tea. The 1994 genocide decimated Rwanda's fragile economic base, severely impoverished the population, particularly women, and eroded the country's ability to attract private and external investment. However, Rwanda has made substantial progress in stabilizing and rehabilitating its economy to pre-1994 levels, although poverty levels are higher now. GDP has rebounded and inflation has been curbed. Despite Rwanda's fertile ecosystem, food production often does not keep pace with population growth, requiring food imports. Rwanda continues to receive substantial aid money and obtained IMF-World Bank Heavily Indebted Poor Country (HIPC) initiative debt relief in 2005-06. Rwanda also received Millennium Challenge Account Threshold status in 2006. The government has embraced an expansionary fiscal policy to reduce poverty by improving education, infrastructure, and foreign and domestic investment and pursuing market-oriented reforms, although energy shortages, instability in neighboring states, and lack of adequate transportation linkages to other countries continue to handicap growth. |
|
Definition: Economy > Economy > Overview |
|
Source: The Heritage Foundation |
|
Exports
|
$184,000,000.00 |
|
[146th of 189]
|
|
Definition: Economy > Exports |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
GDP
|
$2,493,538,000.00 |
|
[135th of 203]
|
|
Definition: Economy > GDP |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
GDP > PPP
|
$11,155,000,000.00 |
|
[121st of 163]
|
|
Definition: Economy > GDP > PPP |
|
Source: World Development Indicators database and CIA World Factbook |
|
GDP > Real growth rate
|
6% |
|
[76th of 198]
|
|
Definition: Economy > GDP > Real growth rate |
|
Source: World Bank. 2005. World Development Indicators 2005. |
|
GINI index
|
46.79
|
|
[8th of 40]
|
|
Definition: Economy > GINI index |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
Gross National Income
|
$1,888,830,000.00 |
|
[127th of 172]
|
|
Definition: Economy > Gross National Income |
|
Source: World Development Indicators database |
|
Human Development Index
|
0.45 |
|
[160th of 178]
|
|
Definition: Economy > Human Development Index |
|
Income category
|
Low income |
|
|
|
Definition: Economy > Income category |
|
Source: Human Development Report 2006, United Nations Development Programme |
|
Income distribution > Poorest 10%
|
4.2% |
|
[8th of 114]
|
|
Definition: Economy > Income distribution > Poorest 10% |
|
Source: |
|
Income distribution > Richest 10%
|
24.2% |
|
[96th of 114]
|
|
Definition: Economy > Income distribution > Richest 10% |
|
Source: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC |
|
Population below poverty line
|
60% |
|
[6th of 46]
|
|
Definition: Economy > Population below poverty line |
|
Source: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC |
|
Population under $1 a day
|
35.7 |
|
[16th of 59]
|
|
Definition: Economy > Population under $1 a day |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Poverty > Share of all poor people
|
0.27 % of world's poor |
|
[27th of 80]
|
|
Definition: Economy > Poverty > Share of all poor people |
|
Source: World Bank 2002b via backone.pdf |
|
Tourist arrivals
|
1,000 |
|
[153rd of 152]
|
|
Definition: Economy > Tourist arrivals |
|
Source: Country Responsibilities in Achieving the Millenium Development Goals", April 8 2003, by Janice Poling |