Flag description: three equal vertical bands of red (hoist side), yellow, and green with a large black letter R centered in the yellow band; uses the popular pan-African colors of Ethiopia; similar to the flag of Guinea, which has a plain yellow band

@Rwanda:Economy

Economy-overview: Rwanda is a poor African nation that has suffered bitterly from ethnic-based civil war. The agricultural sector dominates the economy; coffee and tea normally make up 80%-90% of exports. The amount of fertile land is limited, however, and deforestation and soil erosion continue to reduce the production potential. Manufacturing focuses mainly on the processing of agricultural products. A structural adjustment program with the World Bank began in October 1990. Civil war in 1990 devastated wide areas, especially in the north, and displaced hundreds of thousands of people. A peace accord in mid-1993 temporarily ended most of the fighting, but resumption of large-scale violence and genocide in April 1994 in the capital city Kigali and elsewhere took 500,000 lives in that year alone and severely damaged already poor economic prospects. In 1994-96, peace was restored throughout much of the country. In 1996-97 most of the refugees who fled the war returned to Rwanda. Sketchy data suggest that GDP dropped 50% in 1994 and came back partially, by 25%, in 1995. Plentiful rains helped agriculture in 1996, and outside aid continued to support this desperately poor economy. The economy continues to face significant challenges in rehabilitating infrastructure, agriculture, health care facilities, and capital plant. Recovery of domestic production will proceed slowly.

GDP: purchasing power parity-$3 billion (1996 est.)

GDP-real growth rate: 13.3% (1996)

GDP-per capita: purchasing power parity-$440 (1996 est.)

GDP-composition by sector: agriculture: 37% industry: 17% services: 46% (1995 est.)

Inflation rate-consumer price index: 7.4% (1996)

Labor force: total: 3.6 million by occupation: agriculture 93%, government and services 5%, industry and commerce 2%

Unemployment rate: NA%