Rwanda's economy expanded by 10% year-on-year in the first quarter of 2026, following an 11.2% growth in the previous quarter. The services sector remained the largest contributor to growth, rising 7% and adding 3.9 percentage points to overall GDP growth, supported by gains in wholesale and retail trade (11%), transport (11%), information and communication (22%), financial services (11%), and administrative and support activities (20%). However, hotels and restaurants contracted by 16%, while health services fell 18%. The agricultural sector grew by 8%, as food crop production increased 3% and export crops surged 39%. Industry expanded by 13%, driven by mining and quarrying (20%), construction (11%), and manufacturing (15%). Within manufacturing, metal products, machinery and equipment jumped 52%, while non-metallic mineral products rose 57%. On a quarterly basis, the GDP contracted by 9% in Q1, reversing from a strong 20% growth in the preceding period. source: National Institute of Statistics of Rwanda

The Gross Domestic Product (GDP) in Rwanda contracted 10 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Rwanda averaged 7.01 percent from 2007 until 2026, 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 June of 2026.

The Gross Domestic Product (GDP) in Rwanda contracted 10 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Rwanda is expected to be 13.50 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 9.30 percent in 2027 and 7.80 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-16 02:00 PM
GDP Growth Rate YoY
Q4 11.2% 11.8% 16.9%
2026-06-19 06:30 AM
GDP Growth Rate YoY
Q1 -10% 11.2% 14.7%
2026-09-20 01:00 PM
GDP Growth Rate YoY
Q2 -10% 13.5%


Related Last Previous Unit Reference
Full Year GDP Growth 9.40 8.90 percent Dec 2025
GDP Growth Rate YoY -10.00 11.20 percent Mar 2026
GDP Constant Prices 5559.00 6106.00 RWF Billion Mar 2026
GDP from Agriculture 1095.00 1417.00 RWF Billion Mar 2026
GDP from Construction 684.00 649.00 RWF Billion Mar 2026
GDP from Manufacturing 486.00 498.00 RWF Billion Mar 2026
GDP from Mining 112.00 125.00 RWF Billion Mar 2026
GDP from Public Administration 206.00 216.00 RWF Billion Mar 2026
GDP from Services 2794.00 3018.00 RWF Billion Mar 2026
GDP from Transport 441.00 491.00 RWF Billion Mar 2026
GDP Growth Rate -9.00 20.00 percent Mar 2026


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
-10.00 11.20 17.90 -11.20 2007 - 2026 percent Quarterly
Constant Prices 2024, NSA

News Stream
Rwanda GDP Expands 10% in Q1
Rwanda's economy expanded by 10% year-on-year in the first quarter of 2026, following an 11.2% growth in the previous quarter. The services sector remained the largest contributor to growth, rising 7% and adding 3.9 percentage points to overall GDP growth, supported by gains in wholesale and retail trade (11%), transport (11%), information and communication (22%), financial services (11%), and administrative and support activities (20%). However, hotels and restaurants contracted by 16%, while health services fell 18%. The agricultural sector grew by 8%, as food crop production increased 3% and export crops surged 39%. Industry expanded by 13%, driven by mining and quarrying (20%), construction (11%), and manufacturing (15%). Within manufacturing, metal products, machinery and equipment jumped 52%, while non-metallic mineral products rose 57%. On a quarterly basis, the GDP contracted by 9% in Q1, reversing from a strong 20% growth in the preceding period.
2026-06-19
Rwanda GDP Grows 11.2% in Q4, 9.4% in 2025
Rwanda's economy expanded 11.2% year-on-year in Q4 2025, slightly slower than the 11.8% growth recorded in the previous quarter. The services sector contributed the most to GDP growth, expanding by 8%, mainly driven by increases in wholesale and retail trade (15%), transport (13%), and information and communication (20%). The agricultural sector also grew by 8%, supported by higher food crop production (4%) and export crop output (42%). The industrial sector expanded by 16%, with increases in mining and quarrying (44%), construction (17%) and manufacturing (11%). On a quarterly basis, the economy rebounded strongly, expanding 20% following an 8.1% contraction in the previous quarter. For the full year, Rwanda’s economy grew 9.4%, the highest annual growth in four years.
2026-03-16
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