Rwanda GDP Growth Rate QoQ
The services sector accounts for 53% of the country's overall GDP, making it the most important sector of Rwanda's economy. R real estate activities (8%), wholesale and retail trade (8%), cultural, domestic, and other services (6%), administrative and support service activities, public administration, and defenseת and mandatory social security (5% each). 29% of the GDP is generated by agriculture, forestry, and fisheries, 17% accounts for food crops. In terms of GDP, the industrial sector accounts for 18%, with the largest proportion going to construction (7%) and manufacturing (6%). Domestic consumption is the most important component of GDP, accounting for 76% of total usage, followed by gross fixed capital formation (28%), and finally government expenditure (16%). 19% accounts for exports of commodities and services, whilst imports account for 39%, resulting in a net loss of 20% of total GDP. Coffee, tea, tin cassiterite, wolframite, and pyrethrum are the most important foreign trades.
A higher than expected figure should be seen as positive (bullish) for the RWF while a lower than expected figure should be seen as negative (bearish) for the RWF.
