Investor Briefing - FY & Q4 2019 slide image

Investor Briefing - FY & Q4 2019

i&MBank IPLC RWANDA - KEY ECONOMIC INDICATORS Inflation Development 7 100 Headline Core Trade Structure • KENYA TANZANIA RWANDA MAURITIUS The country remains a net importer, with imports growing by 10.6% in 2019. 1 4.2 2017H1 2017H2 2018H1 2018H2 2019H1 2019H2 Trade deficit as a % of GDP 20.0% 15.0% 15.4% 15.0% 11.2% 9.1% 9.6% 10.0% 5.0% 0.0% 2015 2016 2017 2018 2019 • Rwanda's exports grew by 3.8% in 2019 - Driven by good performance of non-traditional exports (+10.1%) and re-exports (+22.4 %). . Trade deficit increased by 16.3% to USD 1,538.9 in 2019 from USD 1,323.4 Million in 2018. • Rwanda remains a net exporter of informal cross border trade in the EAC region with a trade surplus of USD 97.1 million in 2019. Source: BNR Monetary Policy I&M Rwanda - Investor Briefing - FY & Q4 2019 8
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