Rwanda - Income



The US Central Intelligence Agency (CIA) reports that in 2001 Rwanda's gross domestic product (GDP) was estimated at $7.2 billion. The per capita GDP was estimated at $1,000. The annual growth rate of GDP was estimated at 5%. The average inflation rate in 2001 was 5%. The CIA defines GDP as the value of all final goods and services produced within a nation in a given year and computed on the basis of purchasing power parity (PPP) rather than value as measured on the basis of the rate of exchange. It was estimated that agriculture accounted for 46% of GDP, industry 20%, and services 34%.

According to the United Nations, in 2000 remittances from citizens working abroad totaled $3.657 million. Worker remittances in 2001 totaled $5.447 million. Foreign aid receipts amounted to about $33 per capita and accounted for approximately 17% of the gross national income (GNI).

The World Bank reports that in 2001 per capita household consumption (in constant 1995 US dollars) was $212. Household consumption includes expenditures of individuals, households, and nongovernmental organizations on goods and services, excluding purchases of dwellings. The richest 10% of the population accounted for approximately 24.2% of household consumption and the poorest 10% approximately 4.2%. It was estimated that in 2000 about 70% of the population had incomes below the poverty line.

User Contributions:

1
Nkurunziza
I would like to known the per capital income in Rwanda from 2010 to 2015.

Comment about this article, ask questions, or add new information about this topic: