NST2 Goals Deep Dive
How long is the National Transformation Strategy 2 (NST2) planned to run?
5 years, from 2024 to 2029
Which sector has the most informal employment?
-Market oriented Agriculture (48%)
- Wholesale and retail trade, repair of motor vehicles and motorcycles (15.6%)
- Construction (11%)
What types of skills are most commonly missing among job seekers in Rwanda, according to employers?
Practical technical skills (e.g., computer use, equipment handling) and soft skills like teamwork, communication, and problem-solving.
Informal employment rate
90.4%
Name at least three of the five key priorities of NST2.
Creating decent and productive jobs
Enhancing quality education
Improving public service delivery
Increasing exports
Reducing stunting and malnutrition
What was the unemployment rate in Rwanda in 2024?
Labour force survey annual report 2024 - 14.9%
What share of the working-age population is outside the labour force? +-2%
37.1%
Most cited barrier to accessing finance by Rwandan businesses
High interest rates
How many jobs does NST2 aim to create annually and/or in total?
250,000 jobs per year, or 1.25 million jobs over 5 years
Name three sectors with the lowest educational attainment among workers
According to the World Bank Economic Update
Agriculture: Approximately 98% of workers have only basic education or less.
Mining: Around 80% of workers possess only basic education or less.
Manufacturing: About 78% of workers have only basic education or less
What does NEET stand for?
Not in education, employment and/or training
What classifies Informality in employment
If the job does not entail social security contribution by the employer, and is not entitled to paid sick leave and paid annual leave
How many jobs were created in the course of NST1?
Over 1.3 million decent and productive jobs were created, and financial inclusion rose from 89% in 2017 to 96% by 2024.
What percentage of the workforce has primary education or less? +-5%
Around 80.1% of the working population
Which job search method is the most effective in Rwanda, according to graduates?
Most graduates find jobs through advertised vacancies, personal networks, and internships. Public employment centres perform poorly.
These three economic sectors were considered most attractive for future investment across nearly all provinces in Rwanda.
Of all the economic sectors, Trade (64%), Hotels &Restaurants (53%), and Transport (46%) were rated as the most attractive investment sectors.
Other sectors like Finance & Insurance (45%), Manufacturing (44%), and Construction (41%) were also considered appealing
NST2 Goal 6: Developing Skills for the Future, how many coders and advanced ICT professionals is Rwanda aiming to train?
1 million coders and 500,000 people in advanced ICT and STEM skills
Which sector employs the most people in Rwanda?
Employment in services (42.9%) , agriculture (39.9%) and industry (17.2%).
Which educational institution in Rwanda has the highest employment rate among its graduates?
Rwanda Polytechnic (59%), TVET schools (40%), University of Rwanda (36.7%).
What are top five constraints businesses face in Rwanda?
- Tax rates
- Access and cost of borrowing money
- Availability and cost of land
- Availability and cost of raw materials
- Access and cost of transport