Forecast
Forward projections from the prediction engine — baseline plus an optimistic/pessimistic band and a confidence interval, per macro indicator. These are PROJECTIONS, not observations: generated from observed history, never a guarantee. A country we hold no projections for is shown honestly.
Forecast
Need it as JSON? GET /api/v1/forecast/country/{iso3}.
Rwanda: forward projections across 15 macro indicators, horizons 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2034, 2035, 2036. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.
Nowcast
Each indicator nowcast from its strongest leading series — inferable from observations already in hand.
For each indicator, Rwanda's strongest leading series is fit by ordinary least squares over their shared observed history, then the leader's already-observed recent values project the target — so the next year or two is inferable from data already in hand. These are nowcasts from a leading correlation: correlation, not causation, and not a guaranteed forecast.
Led by GDP (current US$) by 1 year (it moves inversely tothe target; r = -0.812 over 47 obs).
| Year | Nowcast | Implied by GDP (current US$) in |
|---|---|---|
| 2027 | -16.49 | 2026 (17.3bn) |
Latest observed-13.4(2026)· IMF DataMapper API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2027 | -13.7 | -11.27 | -16.12 | -14.41 – -12.98 |
| 2029 | -14.29 | -10.1 | -18.49 | -15.84 – -12.75 |
| 2031 | -14.89 | -9.47 | -20.31 | -17.18 – -12.59 |
| 2036 | -16.38 | -8.71 | -24.04 | -20.56 – -12.19 |
Blended 1-yr-ahead-13.58· skill-weighted across models
Method: linear_trend; lookback 8y; horizon 1y; confidence 80%
Latest observed21.55(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 22.14 | 29.72 | 15.57 | 20.7 – 23.58 |
| 2028 | 23.3 | 36.43 | 11.93 | 20.31 – 26.3 |
| 2030 | 24.47 | 41.42 | 9.78 | 20.09 – 28.85 |
| 2035 | 27.39 | 51.36 | 6.61 | 19.58 – 35.19 |
Blended 1-yr-ahead22.14· skill-weighted across models
Track record±10.38typical miss · 1 realized · 48% MAPE
Method: linear_trend; lookback 8y; horizon 1y; confidence 80%
Latest observed16.4bn(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2027 | 18.1bn | 19.6bn | 16.7bn | 17.5bn – 18.6bn |
| 2029 | 20bn | 22.7bn | 17.6bn | 18.5bn – 21.5bn |
| 2031 | 21.9bn | 25.4bn | 18.9bn | 19.4bn – 24.4bn |
| 2036 | 26.7bn | 31.7bn | 22.4bn | 21.2bn – 32.2bn |
Blended 1-yr-ahead18.3bn· skill-weighted across models
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed9.38(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2027 | 7.17 | 10.73 | 4.07 | 6.46 – 7.88 |
| 2029 | 6.96 | 12 | 1.6 | 5.6 – 8.32 |
| 2031 | 6.75 | 12 | -0.16 | 4.88 – 8.62 |
| 2036 | 6.24 | 12 | -3.54 | 3.36 – 9.12 |
Blended 1-yr-ahead6.88· skill-weighted across models
Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%
Latest observed1.1k(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2027 | 1.2k | 1.4k | 1.1k | 1.2k – 1.3k |
| 2029 | 1.3k | 1.5k | 1.2k | 1.2k – 1.4k |
| 2031 | 1.4k | 1.7k | 1.2k | 1.3k – 1.6k |
| 2036 | 1.7k | 2.1k | 1.4k | 1.4k – 2.1k |
Blended 1-yr-ahead1.3k· skill-weighted across models
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed66.8(2026)· IMF DataMapper API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2027 | 68.76 | 78.09 | 58 | 66.23 – 71.3 |
| 2029 | 72.69 | 88.84 | 54.05 | 66.72 – 78.67 |
| 2031 | 76.62 | 97.47 | 52.56 | 67.28 – 85.96 |
| 2036 | 86.44 | 115.93 | 52.41 | 68.07 – 104.8 |
Blended 1-yr-ahead67.98· skill-weighted across models
Method: linear_trend; lookback 10y; horizon 1y; confidence 80%
Latest observed35.12(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 37.44 | 50.16 | 24.71 | 34.89 – 39.98 |
| 2028 | 42.07 | 64.11 | 20.02 | 36.67 – 47.46 |
| 2030 | 46.7 | 75.16 | 18.24 | 38.61 – 54.79 |
| 2035 | 58.28 | 98.53 | 18.04 | 42.8 – 73.77 |
Blended 1-yr-ahead36.02· skill-weighted across models
Track record±4.9typical miss · 1 realized · 14% MAPE
Method: linear_trend; lookback 8y; horizon 1y; confidence 80%
Latest observed5.91(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2027 | 5.53 | 28.96 | -5 | 0.25 – 10.81 |
| 2029 | 5.09 | 45.67 | -5 | -4.15 – 14.33 |
| 2031 | 4.65 | 50 | -5 | -5 – 16.64 |
| 2036 | 3.56 | 50 | -5 | -5 – 20.55 |
Blended 1-yr-ahead5.56· skill-weighted across models
Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%
Latest observed32.19(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 32.98 | 42.41 | 24.8 | 31.1 – 34.85 |
| 2028 | 35.12 | 51.47 | 20.96 | 31.1 – 39.14 |
| 2030 | 37.27 | 58.37 | 18.98 | 31.27 – 43.27 |
| 2035 | 42.64 | 70 | 16.78 | 31.55 – 53.72 |
Blended 1-yr-ahead33.47· skill-weighted across models
Track record±2.48typical miss · 1 realized · 8% MAPE
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed14.6m(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2027 | 14.3m | 15m | 13.7m | 13.9m – 14.8m |
| 2029 | 14.2m | 14.9m | 13.6m | 13.2m – 15.3m |
| 2031 | 14.1m | 14.8m | 13.5m | 12.5m – 15.7m |
| 2036 | 13.9m | 14.6m | 13.2m | 11m – 16.7m |
Blended 1-yr-ahead14.7m· skill-weighted across models
Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%
Latest observed6.22(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 7 | 15 | -10 | 2.16 – 11.85 |
| 2028 | 8.92 | 15 | -10 | 0.3 – 15 |
| 2030 | 10.84 | 15 | -10 | -0.61 – 15 |
| 2035 | 15 | 15 | -10 | -2.36 – 15 |
Blended 1-yr-ahead6.2· skill-weighted across models
Track record±4.47typical miss · 1 realized · 72% MAPE
Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%
Latest observed2bn(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 2.1bn | 2.6bn | 1.5bn | 2bn – 2.2bn |
| 2028 | 2.3bn | 3.3bn | 1.3bn | 2.1bn – 2.6bn |
| 2030 | 2.6bn | 3.8bn | 1.3bn | 2.2bn – 3bn |
| 2035 | 3.2bn | 5bn | 1.3bn | 2.4bn – 3.9bn |
Blended 1-yr-ahead2.1bn· skill-weighted across models
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed4.18(2024)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2025 | 4.21 | 5.59 | 2.83 | 3.93 – 4.49 |
| 2027 | 4.24 | 6.63 | 1.85 | 3.67 – 4.81 |
| 2029 | 4.25 | 7.34 | 1.17 | 3.44 – 5.07 |
| 2034 | 4.27 | 8.64 | 0 | 2.92 – 5.62 |
Blended 1-yr-ahead4.21· skill-weighted across models
Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%
Latest observed2bn(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 2.1bn | 2.6bn | 1.5bn | 2bn – 2.2bn |
| 2028 | 2.3bn | 3.3bn | 1.3bn | 2.1bn – 2.6bn |
| 2030 | 2.6bn | 3.8bn | 1.3bn | 2.2bn – 3bn |
| 2035 | 3.2bn | 5bn | 1.3bn | 2.4bn – 3.9bn |
Blended 1-yr-ahead2.1bn· skill-weighted across models
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed11.36(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 10.84 | 15.18 | 6.5 | 10 – 11.68 |
| 2028 | 9.79 | 17.3 | 2.27 | 8.17 – 11.41 |
| 2030 | 8.74 | 18.44 | 0 | 6.55 – 10.92 |
| 2035 | 6.11 | 19.83 | 0 | 3.03 – 9.19 |
Blended 1-yr-ahead11.78· skill-weighted across models
Method: linear_trend; lookback 6y; horizon 1y; confidence 80%
Reliability badges show each indicator's best model skill— how much it beats a naive last-value forecast, measured out-of-sample on that series' own observed history (backtested one-step-ahead). A track record, not a guarantee of future accuracy.
Generated by the prediction engine (model prediction-engine-v1) on 2026-08-02 from observed history. Projections, not observations — never a guarantee of future values.
Machine-readable: GET /api/v1/forecast/country/RWA · Country page → · Full brief → · API docs
Fit: Current account / GDP ≈ -1.7537 + 0·GDP (current US$). Correlation, not causation.
Led by Current account / GDP by 1 year (it moves inversely tothe target; r = -0.78 over 46 obs).
| Year | Nowcast | Implied by Current account / GDP in |
|---|---|---|
| 2027 | 11.6bn | 2026 (-13.4) |
Fit: GDP (current US$) ≈ 637849312.3098 + -818377946.4211·Current account / GDP. Correlation, not causation.
Led by Real GDP growth by 1 year (it moves inversely tothe target; r = -0.542 over 60 obs).
| Year | Nowcast | Implied by Real GDP growth in |
|---|---|---|
| 2027 | 7.58 | 2026 (7.2) |
Fit: CPI inflation ≈ 11.4159 + -0.5325·Real GDP growth. Correlation, not causation.
Machine-readable: GET /api/v1/nowcast/country/RWA?indicator= · API docs
