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    Rwanda Economy - 1989

      Overview: About 40% 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 less than 20% to GDP. Manufacturing focuses mainly on the processing of agricultural products.

      GNP: $2.3 billion, per capita $340; real growth rate - 2.8% (1987)

      Inflation rate (consumer prices): 4.1% (1987)

      Unemployment rate: NA%

      Budget: revenues $270 million; expenditures $330 million, including capital expenditures of $49 million (1987 est.)

      Exports: $113 million (f.o.b., 1987); @m5commodities--coffee 85%, tea, tin, cassiterite, wolframite, pyrethrum; @m5partners--FRG, Belgium, Italy, Uganda, UK, France, US

      Imports: $352 million (c.i.f., 1987); @m5commodities--textiles, foodstuffs, machines and equipment, capital goods, steel, petroleum products, cement and construction material; @m5partners--US, Belgium, FRG, Kenya, Japan

      External debt: $537 million (December 1988)

      Industrial production: growth rate 7.5% (1987)

      Electricity: 26,000 kW capacity; 112 million kWh produced, 15 kWh per capita (1988)

      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: cash crops--coffee, tea, pyrethrum (insecticide made from chrysanthemums); main food crops--bananas, cassava; stock raising; self-sufficiency declining; country imports foodstuffs

      Aid: NA

      Currency: Rwandese franc (plural--francs); 1 Rwandese franc (RF) = 100 centimes

      Exchange rates: Rwandese francs (RF) per US$1--77.49 (January 1989), 76.45 (1988), 79.67 (1987), 87.64 (1986), 101.26 (1985)

      Fiscal year: calendar year

      NOTE: The information regarding Rwanda on this page is re-published from the 1989 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Rwanda Economy 1989 information contained here. All suggestions for corrections of any errors about Rwanda Economy 1989 should be addressed to the CIA.

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