Rwanda makes strides in reducing poverty rates in latest household survey
Rwanda has managed to reduce poverty rates to 27.4 per cent in 2024 marking a 12.4 cut in percentage points. The latest integrated household living conditions survey released by the national Institute of Statistics shows further a significant growth in private sector investments, growth in mobile phone and internet use as well as improved access to water as being key factors that helped Rwanda reduce extreme poverty. Ivan Murenzi, Director-General, National Institute of Statistics of Rwanda (NISR) spoke to CNBC Africa for more.
Wed, 16 Apr 2025 14:45:45 GMT
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AI Generated Summary
- Rwanda's poverty rates dropped to 27.4% in 2024, showcasing a 12.4% decrease, as per the latest integrated household living conditions survey
- Factors such as increased private sector investments, growth in mobile phone and internet usage, and enhanced water accessibility played pivotal roles in driving down poverty in the country
- The collaboration with the World Bank in developing the survey methodology demonstrates Rwanda's commitment to adhering to international standards and setting a benchmark for poverty measurement practices in Africa
Rwanda has seen a significant reduction in poverty rates, with the latest integrated household living conditions survey revealing a decrease to 27.4% in 2024, marking a 12.4% cut in percentage points. The report, released by the National Institute of Statistics, highlights key factors contributing to this positive trend, including substantial growth in private sector investments, increased mobile phone and internet usage, and improved access to water. The Director-General of the National Institute of Statistics of Rwanda (NISR), Ivan Murenzi, shared insights on the consistency and alignment of data trends, emphasizing the importance of tracking economic growth, employment rates, and consumer consumption patterns. Murenzi emphasized the need for robust and reliable data collection over time to accurately capture changes in the economy and people's way of life. The methodology used in the survey was developed in collaboration with the World Bank, ensuring adherence to international standards and paving the way for other African countries to improve their poverty measurement practices.
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