telephone: [250] 756 01 through 03, 721 26, 771 47

FAX: [250] 721 28

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 rural country with about 90% of the population engaged in (mainly subsistence) agriculture. It is the most densely populated country in Africa; is landlocked; and has few natural resources and minimal industry. Primary exports are coffee and tea. The 1994 genocide decimated Rwanda's fragile economic base, severely impoverished the population, particularly women, and eroded the country's ability to attract private and external investment. However, Rwanda has made significant progress in stabilizing and rehabilitating its economy. GDP has rebounded, and inflation has been curbed. In June 1998, Rwanda signed an Enhanced Structural Adjustment Facility (ESAF) with the IMF. Rwanda has also embarked upon an ambitious privatization program with the World Bank. Continued growth in 2001 depends on the maintenance of international aid levels and the strengthening of world prices of coffee and tea.

GDP: purchasing power parity - $6.4 billion (2000 est.)

GDP - real growth rate: 5.8% (2000 est.)

GDP - per capita: purchasing power parity - $900 (2000 est.)

GDP - composition by sector: agriculture: 40%

industry: 20%