Rwanda 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$14.10 billion
↑ 5.87% vs 2022GDP per Capita
$1,010.27
↑ 3.57% vs 2022GDP Growth (Annual %)
8.24%
↑ 0.08pp vs 2022Inflation Rate (CPI %)
19.79%
↑ 2.10pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $13.32 billion | $14.10 billion | +5.87% |
| GDP per Capita | $975.47 | $1,010.27 | +3.57% |
| GDP Growth (Annual %) | 8.16% | 8.24% | +0.08pp |
| Inflation (CPI %) | 17.69% | 19.79% | +2.10pp |
| Unemployment Rate (%) | 15.08% | 12.35% | -2.73pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $14.10 billion
- GDP per Capita
- $1,010.27
- GDP Growth (Annual %)
- 8.24%
- Gross National Income
- $13.82 billion
Prices & Employment
- Inflation (CPI %)
- 19.79%
- Inflation (GDP Deflator %)
- 10.13%
- Unemployment Rate (%)
- 12.35%
- Interest Rate (Real %)
- 5.38%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -11.73%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Rwanda's Gross Domestic Product (GDP) is $14.10 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Rwanda for 2023 is $1,010.27. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Rwanda for 2023 is 19.79%. This measures the annual percentage change in the cost of consumer goods and services.
Rwanda's annual GDP growth rate for 2023 is 8.24%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Rwanda for 2023 is 12.35%. This represents the percentage of the labor force that is unemployed and actively seeking employment.