In 2018, Rwanda marked over ten years of prioritising the doing business reform agenda in order to create a favourable and competitive business environment.
It is also the year in which it posted its strongest performance to date where Rwanda emerged as the 29th easiest place to do business globally, was among the top 10 global reformers and was the 2nd easiest place to do business in Africa- 1st in Mainland Africa and East Africa according to the World Bank Doing Business Report 2019.
- As Rwanda positioned itself as an economy open for business with the global economy, the Doing Business report has been a strong signaling factor to investors that Rwanda is a safe, stable and efficient place to invest.
- As a result, the value of investments registered more than tripled from US$400 million in 2010 to US$2.006 billion in 2018.
GDP (purchasing power parity)
- Rwf 7.269 trillion (2018)
- Rwf 6.693 trillion (2017)
- Rwf 6.307 trillion (2016)
- Rwf 5.951 trillion (2015)
- Rwf 5.466 trillion (2014)
- Rwf 5.149 trillion (2013)
GDP – real growth rate
- 2018-8.61%
- 2017-6.1%
- 2016-6.0%
- 2015-8.9%
- 2014-6.2%
- 2013-4.7%
GDP – per capita (PPP)
- 2018- 787$
- 2017-774$
- 2016-735$
- 2015-736$
Composition by sector
- Agriculture: 29% (2018)
- Industry: 16% (2018)
- Services: 48% (7% adjustments)
Exchange rates (April 2019)
Currency: Rwandan Franc(RWF)
Latest figures available at the Central Bank website www.bnr.rw- $1 = Rwf 881
- €1 = Rwf 992
- ¥1 = Rwf 7.9
- £1 = Rwf 1,153