In 2019, GDP at current market prices was estimated to be Frw 9.313 billion, up from Frw 8.298 billion in 2018. Services sector contributed 49 percent of GDP, Agriculture sector contributed 24 percent of the GDP, Industry sector contributed 19 percent of GDP while 8 percent was attributed to adjustment for taxes less subsidies on products.
In 2018, GDP at current market prices was estimated to be Frw 8,189 billion, up from Frw 7,600 billion in 2017.Estimates calculated in 2014 prices shows that GDP was 8.6 percent higher in real terms compared to 2017.
In 2019, estimates calculated using the 2017 benchmark show that annual GDP increased by 9.4%. The level of GDP is now at Frw 9,105 billion.
Agriculture sector contributed 24%, Industry contributed 18%, Services contributed 49% while the remainder 9% was attributed to net tax on products.
Sectors grew as follows:
- Agriculture: 5%
- Industry: 16%
- Services: 8%
In agriculture, food crop growth was 4%. Export crops growth was 5% mainly due to growth in coffee and tea that increased by 7% and 3% respectively.