the flag of Guinea, which
has a plain yellow band
@Rwanda, Economy
Overview:
Almost 50% of GDP comes from the agricultural sector; coffee and tea
make up 80-90% of total exports. The amount of fertile land is
limited, however, and deforestation and soil erosion have created
problems. The industrial sector in Rwanda is small, contributing only
17% to GDP. Manufacturing focuses mainly on the processing of
agricultural products. The Rwandan economy remains dependent on
coffee/tea exports and foreign aid. Weak international prices since
1986 have caused the economy to contract and per capita GDP to
decline. A structural adjustment program with the World Bank began in
October 1990. Ethnic-based insurgency in 1990-93 devastated wide areas
of the north and displaced hundreds of thousands of people. A peace
accord in mid-1993 temporarily ended most of the fighting, but massive
resumption of civil warfare in April 1994 in the capital city Kigali
has been taking thousands of lives and severely damaging short-term
economic prospects
National product:
GDP - purchasing power equivalent - $6.8 billion (1993 est.)
National product real growth rate:
1.3% (1992 est.)
National product per capita:
$800 (1993 est.)
Inflation rate (consumer prices):
9.5% (1992 est.)
Unemployment rate:
NA%
Budget:
revenues:
$350 million
expenditures:
$NA, including capital expenditures of $NA (1992 est.)
Exports:
$66.6 million (f.o.b., 1992 est.)
commodities:
coffee 63%, tea, cassiterite, wolframite, pyrethrum
partners:
Germany, Belgium, Italy, Uganda, UK, France, US
Imports:
$259.5 million (f.o.b., 1992 est.)
commodities:
textiles, foodstuffs, machines and equipment, capital goods, steel,
petroleum products, cement and construction material
partners:
US, Belgium, Germany, Kenya, Japan
External debt:
$845 million (1991 est.)
Industrial production:
growth rate -2.2% (1991); accounts for 17% of GDP
Electricity:
capacity:
30,000 kW
production:
130 million kWh
consumption per capita:
15 kWh (1991)
Industries:
mining of cassiterite (tin ore) and wolframite (tungsten ore), tin,
cement, agricultural processing, small-scale beverage production,
soap, furniture, shoes, plastic goods, textiles, cigarettes
Agriculture:
accounts for almost 50% of GDP and about 90% of the labor force; cash
crops - coffee, tea, pyrethrum (insecticide made from chrysanthemums);
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