Rwanda

Rwanda Economic Outlook

  • Rwanda’s real GDP was on course to grow by a robust 7.7% in 2012, driven by services and industry. Growth is projected to slow down in 2013 and 2014, due to foreign aid suspension, tight fiscal and monetary policies and weak global demand.
  • Rwanda was elected to the United Nations Security Council and pledged to champion the prevention of crimes against humanity. However, several development partners suspended aid following reports that Rwanda is supporting the insurgents in eastern Democratic Republic of Congo, which the government denies. A protracted suspension of aid could reverse the country’s socio-economic progress.

Contacts

East Africa Regional Resource Center (EARC)

African Development Bank Group
Khushee Tower
Longonot  Road, Upper Hill
Nairobi, Kenya

Phone: (254) 20 2712925/ (254) 20 2712926/ (254) 20 2712928
Fax: (254) 20 2712938

Mr. Gabriel Negatu, RRC Director

Rwanda Field Office

African Development Bank Group
Boulevard de l’Umuganda
Building Glory House, 3rd & 4th floors;
Kacyiru Road
P.O. Box 7329
Kigali, Rwanda

Phone: (+250) 252 504250
Fax: (+250) 252 504298

Mr. Negatu Makonnen, Resident Representative





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Key Facts

Flag:
Capital: Kigali
Area: 26,000 sq km
Total Population 2012: 11.3 Million
Urban Population 2012: 19.48%
Female Population 2012: 50.87%
GDP: US$ 6.8 Billion
GNI Per Capita 2012: US$ 570
Inflation Rate: 7.30%
Crude Birth Rate (per 1000): 40.69%
Human Development Index (rank / 187): 167
Human Development Index (scale 0 to 1): 0.434
Membership Date: 19/01/1965
Cumulative Approvals (1967-2012): UA 640.2 Million

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