After a contraction of 3.4 percent in 2020, due to COVID-19, Rwanda's GDP growth reached 10 percent in 2021. Inflation declined from 7.7 percent in 2020 to 0.8 percent in 2021. Monetary policy remained accommodative, and the policy rate was maintained at 4.5 percent from May 2020 to February 2022, when it was raised to 5 percent to cope with expected inflation spikes. The current account deficit widened from 12.2 percent of GDP in 2020 to 13.5 percent of GDP in 2021. The Rwandan franc was relatively stable in 2021, falling by 2.6 percent against the dollar.(Download detailed Analysis Source : Report African Economic Outlook 2022 ; AfDB)
In June 2017, the banking sector of Rwanda represented a total asset of $0.34 billion.
Credit distributed to private sector in June 2017 represents $1.7 billion.
The Rwanda Stock Exchange accounts 9 listed companies, representing, at the end of 2017, a market capitalization of $3.7 billion.
Amounts invested by private equity represents $27 million.
