Economy of Rwanda
Rwanda has a developing economy. It is a low-income developmental state based on services, agriculture and industry. It has been described as undergoing early industrialisation due to newer government policies. It has a mixed economy. Since the early 2000s, Rwanda has witnessed an economic boom, which improved the living standards of many Rwandans. The president of Rwanda, Paul Kagame, has noted his ambition to make Rwanda the "Singapore of Africa". In 2025 the economy grew by 9.4%; services contributed 52% of GDP, industry 22% and agriculture 20%.
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