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| Content Provider | OECD iLibrary |
|---|---|
| Organization | OECD |
| Abstract | Rwanda’s economy has remained on a strong growth path with real gross domestic product (GDP) growth increasing to 8.8% in 2011 from 7.6% in 2010 higher than the initial projection of 7.0%. Growth was driven in 2011 by good harvests thanks to the crop-intensification programme, leading to an 8.2% expansion in the agriculture sector, an increase in exports largely due to rising commodity prices and high domestic demand supported by expanding credit to the private sector. Industry reported the highest growth rate, 15.1%, owing to a rebound in mining and construction, which grew by 15.5% and 22.3% respectively. Expansion in government spending and recovery in tourism have also contributed to growth. Growth in services at 7.2% was lower than the 9.6% reported in 2010, owing to slower growth in transport and communications as well as in financial services. |
| Language | English |
| Publisher | OECD Publishing |
| Publisher Date | 2012-05-28 |
| Access Restriction | Open |
| Subject Keyword | Development |
| Content Type | Text |
| Resource Type | Chapter |
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