Who Owns Whom

Rwanda

Country Code: 646

ISO2 Code: RW

ISO3 Code: RWA

Country Economic Snapshot

2018-06-15

Economic growth during 2017 was negatively affected by a combination of a drought, low export prices and a slowdown in construction activities following the completion of large infrastructure projects in 2016. However, GDP growth of 5.2% was reached and good climatic conditions are expected to contribute to growth of at least 6.5% for 2018, with the International Monetary Fund (IMF) predicting growth of 7.2%. Although the IMF expects a rise in tax revenue, international donor funds are still important as they accounted for 17% of the country’s 2017/18 budget.

More than 70% of Rwandans are farmers who grow crops such as maize and vegetables for local use and tea and coffee for the export market. The government is keen on developing value addition in the agricultural sector, thus creating much-needed jobs in agro-processing. The recovery of commodity prices and increased global demand resulted in the value of mineral exports growing 210% to US$248.5m in 2017 compared to US$80.1m the previous year. An increase in revenue from tourism is also expected. Currently the tourism industry contributes 12.7% to the country’s GDP, supporting 132,000 jobs.

Info

Capital Kigali
Currency (Name, Abbreviation, Symbol) Rwandan franc , RWF , RF
Area 26,338 sq km
Type of Government republic; presidential, multiparty system
Languages Kinyarwanda (official), French (official), English (official), Kiswahili (Swahili, used in commercial centers)
Natural Resources gold, cassiterite (tin ore), wolframite (tungsten ore), methane, hydropower, arable land
Type of Industry cement, agricultural products, small-scale beverages, soap, furniture, shoes, plastic goods, textiles, cigarettes
Stock Exchange Rwanda Over The Counter Exchange
Stock Exchange Location Kigali
Stock Exchange Founded 2008
Tax Rate: Corporate 30%
Tax Rate: Individual 30%
Natural Resources gold, cassiterite (tin ore), wolframite (tungsten ore), methane, hydropower, arable land

Latest available information as sourced from:

African Markets

Trading Economics

Economy Watch

The World Fact Book

KPMG Tax Tables

Company Profile

There is no data available at the moment

Sector Research

There is no data available at the moment

Sector Research

There is no data available at the moment

BK Group PLC Rwanda Stock Exchange 2011-08-00 BOK Rwanda Active Bralirwa PLC Rwanda Stock Exchange BLR Rwanda Active Crystal Telecom Ltd Rwanda Stock Exchange 2015-07-16 CTL Rwanda Active I&M Bank (Rwanda) PLC Rwanda Stock Exchange 2020-10-30 IMR Rwanda Active MTN Rwandacell PLC Rwanda Stock Exchange 2021-05-04 Rwanda Active

Top Rwanda Reports