Rwanda’s GDP grew a remarkable 11.8% year-on-year in Q3 2025, the strongest expansion since Q4 2023, accelerating from 7.8% in the previous period. The services sector advanced 10% and contributed 5.5 percentage points to the overall GDP growth, driven by strong performance in wholesale and retail trade (+20%), transport (+9%), information and communication (+17%), and financial services (+10%). At the same time, the industrial sector expanded at a notable 17%, supported by mining and quarrying (+14%), construction (+20%) and manufacturing (+14%). The agricultural sector rose by 10%, driven largely by export crops climbing 35% and fishing up 34%. On a quarterly basis, the GDP contracted by 8.1% in Q3, after a 9.7% growth in the previous quarter. source: National Institute of Statistics of Rwanda

The Gross Domestic Product (GDP) in Rwanda expanded 11.80 percent in the third quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Rwanda averaged 7.18 percent from 2007 until 2025, reaching an all time high of 17.90 percent in the second quarter of 2021 and a record low of -11.20 percent in the second quarter of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The Gross Domestic Product (GDP) in Rwanda expanded 11.80 percent in the third quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Rwanda is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Rwanda GDP Annual Growth Rate is projected to trend around 7.50 percent in 2026 and 7.80 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-09-17 02:00 PM
GDP Growth Rate YoY
Q2 7.8% 6.5% 7.5%
2025-12-16 01:20 PM
GDP Growth Rate YoY
Q3 11.8% 7.8% 12.0%
2026-03-20 01:00 PM
GDP Growth Rate YoY
Q4 11.8%


Related Last Previous Unit Reference
Full Year GDP Growth 8.90 8.20 percent Dec 2024
GDP Growth Rate YoY 11.80 7.80 percent Sep 2025
GDP Constant Prices 5089.00 5540.00 RWF Billion Sep 2025
GDP from Agriculture 747.00 1269.00 RWF Billion Sep 2025
GDP from Construction 590.00 580.00 RWF Billion Sep 2025
GDP from Manufacturing 406.00 459.00 RWF Billion Sep 2025
GDP from Mining 99.00 96.00 RWF Billion Sep 2025
GDP from Public Administration 238.00 213.00 RWF Billion Sep 2025
GDP from Services 2878.00 2784.00 RWF Billion Sep 2025
GDP from Transport 463.00 416.00 RWF Billion Sep 2025
GDP Growth Rate -8.10 9.70 percent Sep 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
11.80 7.80 17.90 -11.20 2007 - 2025 percent Quarterly
Constant Prices 2024, NSA

News Stream
Rwanda GDP Growth Accelerates to Near 2-Year High
Rwanda’s GDP grew a remarkable 11.8% year-on-year in Q3 2025, the strongest expansion since Q4 2023, accelerating from 7.8% in the previous period. The services sector advanced 10% and contributed 5.5 percentage points to the overall GDP growth, driven by strong performance in wholesale and retail trade (+20%), transport (+9%), information and communication (+17%), and financial services (+10%). At the same time, the industrial sector expanded at a notable 17%, supported by mining and quarrying (+14%), construction (+20%) and manufacturing (+14%). The agricultural sector rose by 10%, driven largely by export crops climbing 35% and fishing up 34%. On a quarterly basis, the GDP contracted by 8.1% in Q3, after a 9.7% growth in the previous quarter.
2025-12-16
Rwanda GDP Growth Accelerates to 1-Year High
The economy of Rwanda expanded by a notable 7.8% year-on-year in Q2 2025, the fastest pace since Q2 2024, after a revised 6.5% advance in the prior three-month period. The services sector was the key driver of growth, rising 9% (vs 8% in Q1) and contributing 4.3 percentage points to overall economic performance. Top performers within the services sector included public administration (+16%), wholesale and retail trade (+13%), information & communication services (+11%), and health services (+10%). Agriculture and industry also gained momentum, rising 8% (up from 4% in Q1) and 7% (up from 5%), respectively. On a quarterly basis, the GDP advanced by 9.7% in Q2, following a revised 8% decline in the previous period.
2025-09-17
Rwanda GDP Growth Slows to 7.8% in Q1 2025
Rwanda's economy expanded by 7.8% year-on-year in the first quarter of 2025, easing from an 8.0% increase in the previous quarter and marking the slowest pace since Q3 2023. The deceleration was largely attributed to a notable slowdown in the services and agriculture sectors. The services sector expanded by 9% (vs. 11% in Q4), marking its weakest growth in six quarters, mainly due to sharp slowdowns in wholesale & retail trade (14% vs 23%) and transport (4% vs 8%). Meanwhile, agricultural output grew 2% (vs. 3%), the slowest since Q2 2023, mainly due to a decline in food crop production (-1% vs. 2%). In contrast, industrial activity accelerated to 9% (vs. 7%), marking its fastest growth in three quarters. This was supported by continued gains in manufacturing (7% vs. 3%) and construction (13% vs. 9%), while mining and quarrying output (-3% vs. 5%) contracted, reversing previous growth. On a quarterly basis, GDP shrank by 1.0%, compared with a 4.1% expansion in Q4 2024.
2025-06-20