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The Gross Domestic Product (GDP) in Rwanda expanded 9.70 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Rwanda GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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TwitterThe growth of the real gross domestic product (GDP) in Rwanda amounted to 8.89 percent in 2024. Between 1980 and 2024, the growth rose by 12.47 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The growth is forecast to decline by 1.91 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.
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The Gross Domestic Product (GDP) in Rwanda expanded 7.80 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Rwanda GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Rwanda RW: GDP: Growth: GNI data was reported at 6.402 % in 2017. This records an increase from the previous number of 5.845 % for 2016. Rwanda RW: GDP: Growth: GNI data is updated yearly, averaging 5.942 % from Dec 1971 (Median) to 2017, with 47 observations. The data reached an all-time high of 36.281 % in 1995 and a record low of -50.141 % in 1994. Rwanda RW: GDP: Growth: GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Rwanda – Table RW.World Bank: Gross Domestic Product: Annual Growth Rate. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
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Historical dataset showing Rwanda gdp growth rate by year from 1961 to 2023.
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Full Year GDP Growth in Rwanda increased to 8.90 percent in 2024 from 8.20 percent in 2023. This dataset includes a chart with historical data for Rwanda Full Year Gdp Growth.
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Rwanda RW: GDP: Growth: Gross Value Added: Agriculture data was reported at 6.582 % in 2017. This records an increase from the previous number of 3.880 % for 2016. Rwanda RW: GDP: Growth: Gross Value Added: Agriculture data is updated yearly, averaging 4.712 % from Dec 1966 (Median) to 2017, with 52 observations. The data reached an all-time high of 43.284 % in 1973 and a record low of -31.323 % in 1994. Rwanda RW: GDP: Growth: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Rwanda – Table RW.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
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Rwanda: Economic growth: the rate of change of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Rwanda from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .
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Rwanda RW: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at 3.572 % in 2017. This records an increase from the previous number of 3.421 % for 2016. Rwanda RW: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 3.381 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 36.981 % in 1995 and a record low of -47.806 % in 1994. Rwanda RW: GDP: Growth:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Rwanda – Table RW.World Bank: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
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Monthly and long-term Rwanda GDP data: historical series and analyst forecasts curated by FocusEconomics.
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TwitterThe gross domestic product (GDP) in current prices in Rwanda was estimated at about 14.25 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 12.76 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 5.72 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
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Twitter8.9 (%) in 2024. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
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Rwanda RW: GDP: Growth: Gross Capital Formation data was reported at 6.480 % in 2017. This records a decrease from the previous number of 10.018 % for 2016. Rwanda RW: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 9.926 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 155.785 % in 1995 and a record low of -81.772 % in 1994. Rwanda RW: GDP: Growth: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Rwanda – Table RW.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
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TwitterThe gross domestic product (GDP) per capita in Rwanda amounted to 1,028.47 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 735.69 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 249.76 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).
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GDP per capita growth (annual %) in Rwanda was reported at 6.5833 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Rwanda - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.
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Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. in Rwanda was reported at 7.3 % in 2027, according to the World Bank collection of development indicators, compiled from officially recognized sources. Rwanda - Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.
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Rwanda RW: GDP: Growth: Imports of Goods and Services data was reported at 10.133 % in 2017. This records an increase from the previous number of -1.073 % for 2016. Rwanda RW: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 9.645 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 84.331 % in 1991 and a record low of -35.072 % in 1995. Rwanda RW: GDP: Growth: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Rwanda – Table RW.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
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TwitterIn 2024, Niger's real GDP is estimated to grow by 10.4 percent compared to the previous year. During 2023, the GDP is estimated to have increased by only 1.4 percent, nevertheless a positive trend. The country's real GDP is forecast to continue growing but at a slower pace. Between 2025 and 2029, it is expected to grow annually by roughly six percent. Furthermore, the GDPs of Senegal, Libya, and Rwanda might increase by around 8.3 percent, 7.8 percent, and 6.9 percent during 2024, respectively. Niger: A dependence on agriculture A large portion of Niger's economy comes from agriculture. In 2022, agriculture accounted for almost 40 percent of the GDP. Niger is not the only country in Africa where agriculture plays a crucial role. For example, agriculture made up nearly 60 percent of Sierra Leone’s GDP in 2022. Such dependence could mean that any disruptions in the agricultural products market could have significant effects on the country's GDP. Sub-Saharan Africa's economy will be among the fastest-growing regions worldwide Three African countries have significantly larger economies, namely, Nigeria, South Africa, and Egypt. As of 2022, these countries' GDP stood at nearly 477.4 billion, 475.2 billion, and 405.7 billion U.S. dollars. Furthermore, it is anticipated that Sub-Saharan Africa's GDP growth in 2026 will rank as the second-fastest growing economic region in the world after the ASEAN-5 countries, with a growth rate of approximately four percent. In contrast, economic areas such as the European Union are forecast to grow at only about 1.5 percent in the same year.
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TwitterThis statistic shows the share of economic sectors in the gross domestic product (GDP) in Rwanda from 2013 to 2023. In 2023, the share of agriculture in Rwanda's gross domestic product was 27.05 percent, industry contributed approximately 21.52 percent and the services sector contributed about 44.34 percent.
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Time series data for the statistic GOAL 8: Decent Work and Economic Growth (5 year moving average) and country Rwanda. Indicator Definition:SDG Goal 8 data availability. Source: UN Global SDG Indicators DatabaseThe indicator "GOAL 8: Decent Work and Economic Growth (5 year moving average)" stands at 0.75 as of 12/31/2023, the lowest value since 12/31/2020. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -3.60 percent compared to the value the year prior.The 1 year change in percent is -3.60.The 3 year change in percent is -2.47.The 5 year change in percent is 28.64.The 10 year change in percent is 125.23.The Serie's long term average value is 0.417. It's latest available value, on 12/31/2023, is 80.01 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/2004, to it's latest available value, on 12/31/2023, is +500.00%.The Serie's change in percent from it's maximum value, on 12/31/2021, to it's latest available value, on 12/31/2023, is -14.29%.
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The Gross Domestic Product (GDP) in Rwanda expanded 9.70 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Rwanda GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.