riculture. 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. Kigali's high defense
expenditures have caused tension between the government and
international donors and lending agencies. Rwanda obtained debt
relief from the IMF and World Bank in 2006. Rwanda also received
Millennium Challenge Account Threshold status in 2006. Energy
shortages, instability in neighboring states, and lack of adequate
transportation linkages to other countries continue to handicap
growth.
GDP (purchasing power parity):
$13.54 billion (2006 est.)
GDP (official exchange rate):
$1.968 billion (2006 est.)
GDP - real growth rate:
5.8% (2006 est.)
GDP - per capita (PPP):
$1,600 (2006 est.)
GDP - composition by sector:
agriculture: 39.4%
industry: 23.3%
services: 37.3% (2006 est.)
Labor force:
4.6 million (2000)
Labor force - by occupation:
agriculture: 90%
industry and services: 10%
Unemployment rate:
NA%
Population below poverty line:
60% (2001 est.)
Household income or consumption by percentage share:
lowest 10%: 4.2%
highest 10%: 24.2% (1985)
Distribution of family income - Gini index:
28.9 (1985)
Inflation rate (consumer prices):
6.7% (2006 est.)
Investment (gross fixed):
19.8% of GDP (2006 est.)
Budget:
revenues: $560.9 million
expenditures: $654 million; including capital expenditures of $NA
(2006 est.)
Agriculture - products:
coffee, tea, pyrethrum (insecticide made from chrysanthemums),
bananas, beans, sorghum, potatoes; livestock
Industries:
cement, agricultural products, small-scale beverages, soap,
furniture, shoes, plast
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