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Rwanda

RW · RWA · #144 · 12 cities

Nomad score 55/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$5,720
GDP (2031)
$24.7B
GDP growth (2031)
6.8% →
Inflation (2031)
5.0% →
Unemployment (2025)
11.4% ↑
Population (2031)
15.9M
Population growth (2031)
2.0% ↑
Gini index (2023)
39.4
Government debt (2031)
61.6% of GDP
Current account (2031)
-6.0% of GDP
FDI inflows (2024)
$572.9M
Life expectancy (2024)
68.0 yrs
Health spending (2023)
5.1% of GDP
Internet users (2024)
31.7%
Mobile subscriptions (2024)
93.2/100
Trade openness (2025)
56.7% of GDP
Exchange rate (2025)
1,428.48/USD
Foreign reserves (2025)
$2.0B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
61.6% of GDP
Current account (2031)
-6.0% of GDP
FDI inflows (2024)
$572.9M

Income inequality (Gini)

Gini index (2023)
0.39
Assessment
Moderate inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
2.72/1k
Tax revenue (2023)
13.1% of GDP
Services sector (2025)
52.3% of GDP

Financial access and costs

ATMs per 100k (2024)
3.5
Bank branches per 100k (2024)
4.8
ICT service exports (2024)
3.2%
Goods and services tax (2023)
8.3%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $24.7B $5,720 6.8% 5.0% - 15.9M - 61.6% -6.0% - - - - -
2030 * $22.7B $4,612 6.8% 5.0% - 15.6M - 65.2% -6.7% - - - - -
2029 * $20.9B $4,340 6.8% 5.0% - 15.3M - 67.2% -7.9% - - - - -
2028 * $19.5B $4,132 6.8% 5.0% - 15.1M - 67.4% -8.6% - - - - -
2027 * $18.4B $3,980 7.6% 5.0% - 14.8M - 67.4% -11.7% - - - - -
2026 * $17.3B $3,858 7.2% 5.6% - 14.5M - 66.8% -13.4% - - - - -
2025 $16.0B $4,164 7.0% 7.0% 11.4% 14.2M - 64.6% -13.0% - - - - 1,428.48
2024 $15.1B $3,785 7.2% 4.8% 11.3% 13.9M - 63.4% -12.1% $572.9M 68.0 - 31.7% 1,318.13
2023 $14.8B $3,519 8.6% 14.0% 12.4% 13.5M 39.4 61.4% -11.4% $457.6M 67.8 5.1% 28.8% 1,160.10
2022 $13.7B $3,195 9.8% 13.9% 15.1% 13.2M - 59.0% -9.0% $305.1M 67.5 5.9% 28.0% 1,030.31
2021 $11.3B $2,776 8.4% 0.8% 15.8% 13.0M - 66.2% -10.7% $233.4M 66.9 6.2% 24.4% 988.62
2020 $10.5B $2,355 -2.8% 7.7% 11.8% 12.7M - 66.7% -11.7% $152.6M 67.0 5.8% 23.8% 943.28
2019 $10.5B $2,374 9.3% 2.4% 11.2% 12.4M - 52.8% -11.7% $263.2M 66.7 4.9% 21.4% 899.35
2018 $9.7B $2,128 8.1% 1.4% 10.8% 12.1M - 49.2% -10.1% $366.2M 66.4 5.5% 19.2% 861.09
2017 $9.2B $1,949 4.7% 4.8% 11.9% 11.8M - 46.1% -9.6% $274.0M 66.1 5.4% 17.2% 831.55
2016 $8.6B $1,845 5.7% 5.7% 11.8% 11.5M 43.7 41.5% -15.5% $279.7M 65.7 6.0% 14.6% 787.25
2015 $8.5B $1,761 8.9% 2.5% 11.8% 11.3M - 33.5% -12.8% $162.1M 65.4 6.7% 12.5% 719.86
2014 $8.1B $1,655 5.7% 1.8% 11.8% 11.0M - 29.5% -11.5% $314.0M 65.1 7.0% 10.6% 682.44
2013 $7.7B $1,492 4.7% 4.2% 11.8% 10.7M 45.1 27.0% -7.6% $233.8M 64.7 6.8% 9.0% 646.64
2012 $7.6B $1,436 8.6% 6.3% 11.7% 10.5M - 19.3% -9.8% $269.6M 64.2 8.1% 8.0% 614.30
2011 $6.8B $1,396 8.0% 5.7% 11.8% 10.2M - 18.9% -7.0% $112.1M 63.5 7.9% 7.0% 600.31
2010 $6.1B $1,298 7.3% 2.3% 11.6% 10.0M 47.2 19.0% -6.6% $216.2M 62.8 8.1% 8.0% 583.13
2009 $5.6B $1,226 6.2% 10.3% 11.6% 9.7M - 18.7% -6.8% $118.7M 61.8 7.8% 7.7% 568.28
2008 $5.1B $1,177 11.2% 15.4% 11.5% 9.5M - 18.5% -4.7% $102.3M 60.6 7.6% 4.5% 546.85
2007 $4.0B $1,066 7.7% 9.1% 11.6% 9.2M - 22.4% -2.1% $82.3M 59.5 7.9% 2.1% 546.96
2006 $3.3B $990 9.2% 8.8% 11.6% 9.0M - 22.8% -4.2% $30.6M 58.3 7.6% - 551.71
2005 $2.9B $903 9.4% 9.1% 11.8% 8.8M 52.0 59.8% -2.3% $8.0M 57.0 7.7% 0.6% 557.82
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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