Rwanda Economy

Compare Bank Account Rates in Rwanda

The Rwandan economy with a population of 12 Million (2013 EST) ranks 134th in the world. It has a GDP PPP of 14.9 billion(IMF 2012) and GDP PPP per capita of 1,486 vs 49,922 (United States) according to the IMF in 2012. Its national currency is the Rwandan franc (RWF) issued by the National Bank of Rwanda (www.bnr.rw). Its banks offer both liquid savings and fixed term deposit options called term deposits within Rwanda. According to CIA.gov data the inflation rate in Rwanda was 6.3% (2012 est.) and 5.7% (2011 est.)