Rwanda Government Budget

Rwanda recorded a Government Budget deficit equal to 1.90 percent of the country's Gross Domestic Product in 2011/2012 fiscal year. Government Budget in Rwanda is reported by the National Bank of Rwanda. Government Budget in Rwanda averaged -1.24 Percent of GDP from 2006 until 2012, reaching an all time high of -0.10 Percent of GDP in 2010 and a record low of -2.40 Percent of GDP in 2011. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Rwanda Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-1.90 -2.40 -0.10 -2.40 -1.07 | 2012/12 2006 - 2012 Percent of GDP Yearly

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Rwanda Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Credit Rating 30.00 [+]
Government Debt To GDP 25.10 2012-12-31 23.40 119.50 21.40 26.32 2013-12-31 Percent [+]
Government Budget -1.90 2012-06-30 -2.40 -0.10 -2.40 -1.07 2012-12-31 Percent of GDP [+]
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Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Rwanda Inflation Rate at 3.43 Percent  
The inflation rate in Rwanda was recorded at 3.43 percent in March of 2014. Inflation Rate in Rwanda is reported by the National Institute of Statistics Rwanda.
Rwanda Current Account to GDP at -10.50 Percent  
Rwanda recorded a Current Account deficit of 10.50 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Rwanda is reported by the National Institute of Statistics Rwanda.
Rwanda GDP Annual Growth Rate at 3.90 Percent  
The Gross Domestic Product (GDP) in Rwanda expanded 3.90 percent in the third quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Rwanda is reported by the National Institute of Statistics Rwanda.
Rwanda Personal Income Tax Rate at 30.00 percent  
The Personal Income Tax Rate in Rwanda stands at 30 percent. Personal Income Tax Rate in Rwanda is reported by the Rwanda Revenue Authority.
Rwanda Interest Rate at 7.00 Percent  
The benchmark interest rate in Rwanda was last recorded at 7 percent. Interest Rate in Rwanda is reported by the National Bank of Rwanda.
Rwanda Corporate Tax Rate at 30.00 percent  
The Corporate Tax Rate in Rwanda stands at 30 percent. Corporate Tax Rate in Rwanda is reported by the Rwanda Revenue Authority.
Rwanda Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Rwanda stands at 18 percent. Sales Tax Rate in Rwanda is reported by the Rwanda Revenue Authority.
Rwanda Balance of Trade at -72088.00 Million RWF  
Rwanda recorded a trade deficit of 72088 Million RWF in September of 2013. Balance of Trade in Rwanda is reported by the National Bank of Rwanda.
Rwanda Current Account at -812.76 USD Million  
Rwanda recorded a Current Account deficit of 812.76 USD Million in 2012. Current Account in Rwanda is reported by the National Institute of Statistics Rwanda.
Rwanda Government Budget at -1.90 Percent of GDP  
Rwanda recorded a Government Budget deficit equal to 1.90 percent of the country's Gross Domestic Product in 2011/2012 fiscal year. Government Budget in Rwanda is reported by the National Bank of Rwanda.
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