Rwanda GDP Annual Growth Rate  2000-2018 | Data | Chart | Calendar

Rwanda's economy grew 6.7 percent year-on-year in the second quarter of 2018, slowing from a 10.6 percent expansion in the previous period. It was the weakest growth rate since the second quarter of 2017, as output eased in the services sector (5 percent vs 12 percent in Q1), mainly driven by wholesale and retail trade (11 percent vs 26 percent); transportation (13 percent vs 28 percent); information and communication (18 percent vs 24 percent); financial services (7 percent vs 12 percent) and public administration (4 percent vs 15 percent). Additionally, output growth slowed for agriculture, forestry and fishing (6 percent vs 8 percent), mostly due to export crops (6 percent vs 46 percent) and fishing (6 percent vs 7 percent). Meanwhile, industrial output advanced further (10 percent vs 7 percent), boosted by manufacturing (12 percent vs 7 percent) and construction (11 percent vs 8 percent). On a quarterly basis, the GDP expanded 0.1 percent. GDP Annual Growth Rate in Rwanda averaged 7.31 percent from 2000 until 2018, reaching an all time high of 13.20 percent in the fourth quarter of 2002 and a record low of 1.70 percent in the first quarter of 2017.

Rwanda GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-14 10:30 AM GDP Growth Rate YoY 10.5% 8% 7.1%
2018-06-18 12:15 PM GDP Growth Rate YoY 10.6% 10.5% 8.3%
2018-09-18 02:00 PM GDP Growth Rate YoY 6.7% 10.6% 9.20%
2018-12-20 11:00 AM GDP Growth Rate YoY 6.7% 6%


Rwanda GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.10 0.50 13.20 -2.20 percent [+]
GDP Annual Growth Rate 6.70 10.60 13.20 1.70 percent [+]
GDP 9.14 8.48 9.14 0.12 USD Billion [+]
Gross Fixed Capital Formation 552.00 557.00 557.00 96.00 RWF Billion [+]
GDP per capita 765.20 738.80 765.20 204.70 USD [+]
GDP per capita PPP 1854.20 1790.30 1854.20 496.10 USD [+]
GDP Constant Prices 1752.00 1751.00 1752.00 683.00 RWF Billion [+]
Gdp From Agriculture 481.00 484.00 484.00 237.00 RWF Billion [+]
Gdp From Construction 124.00 120.00 125.00 32.00 RWF Billion [+]
Gdp From Manufacturing 111.00 103.00 111.00 42.00 RWF Billion [+]
Gdp From Mining 40.00 35.00 58.00 12.00 RWF Billion [+]
Gdp From Public Administration 81.00 85.00 94.00 26.00 RWF Billion [+]
Gdp From Services 857.00 868.00 868.00 286.00 RWF Billion [+]
Gdp From Transport 74.00 77.00 77.00 20.00 RWF Billion [+]


Rwanda GDP Annual Growth Rate

Services is the largest sector of the Rwanda's economy and accounts for 53 percent of total GDP. Within services, the most important sub-sectors are: real estate activities (8 percent), wholesale and retail trade (8 percent), cultural, domestic & other services (6 percent), administrative and support service activities and public administration and defence; and compulsory social security (5 percent each). Agriculture, forestry and fishing account for 29 percent of GDP, with food crops contributing 17 percent. The industrial sector constitutes 18 percent of the GDP, with construction (7 percent) and manufacturing (6 percent) accounting for the largest shares. On the expenditure side, household consumption is the main component of GDP and accounts for 76 percent of its total use, followed by gross fixed capital formation (28 percent) and government expenditure (16 percent). Exports of goods and services account for 19 percent of GDP while imports account for 39 percent, subtracting 20 percent of total GDP. The major source of foreign trade is coffee, tea, tin cassiterite, wolframite and pyrethrum. This page 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. Rwanda GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.70 10.60 13.20 1.70 2000 - 2018 percent Quarterly
Constant 2014 prices




GDP annual growth rate by Country
Country Last
India 8.20 Jun/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Turkey 5.20 Jun/18
Singapore 3.90 Jun/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
Netherlands 2.90 Jun/18
United States 2.90 Jun/18
South Korea 2.80 Jun/18
Spain 2.70 Jun/18
Mexico 2.60 Jun/18
Euro Area 2.10 Jun/18
Germany 2.00 Jun/18
Canada 1.90 Jun/18
Russia 1.90 Jun/18
France 1.70 Jun/18
United Kingdom 1.30 Jun/18
Italy 1.20 Jun/18
Saudi Arabia 1.15 Mar/18
Brazil 1.00 Jun/18
Japan 1.00 Jun/18
South Africa 0.40 Jun/18
Argentina -4.20 Jun/18


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