2023: Tourism Earns Rwanda 445 Million US Dollars

Business Feature News Rwanda

The National Development Agency, RDB, says that the fact that foreigners visiting Rwanda are granted visas after entering Rwanda will increase the number of visitors. The tourism sector accounts for almost 50% of the country’s gross domestic product.

In 2022, tourism activities will earn 445 million dollars compared to 164 million dollars in 2021, which means an increase of 171.3%, according to RDB.

In 2019, for the first time, Rwanda earned more money from tourism as it reached 500 million US dollars, while the goal was to earn 600 million dollars in 2024.

Akagera National park Rwanda- Visit Rwanda Tour

The figures of the National Institute of Statistics -NISR show that in the first quarter of 2023, the country’s gross domestic product increased by 9.2%, the level of services increased by 13%, and the production of hotels and restaurants alone increased by 42%. %.

The meetings hosted by Rwanda in the first 6 months of 2023 led to a 44% increase in the amount provided by the tourism sector in the country’s gross domestic product.

Tourism-related service providers say that their growth across the country gives hope that things are returning to the way they were before the covid-19 epidemic.

The residents of the parks, especially the Volcanoes Park, are happy that the country allocates 10% of the income from tourism activities.

Rwanda Is Making a Push for the Right Number of High-Spending Visitors

The Director General of RDB, Francis Gatare, talks to RBA thanks to this story, emphasizing that the country continues to do a lot to promote tourism, where he believes that allowing foreigners to get visas when they enter Rwanda will also increase the number of visitors.

The increase in income from tourism and related services is a sign that it is returning to the pre-Covid 19 situation.