June 2023

GDP National Accounts (First Quarter 2023)

In the first quarter of 2023, GDP at current market prices was estimated at Frw 3, 901 billion, up from Frw 3,021 billion in Q1 2022. In this quarter, services sector contributed 44 percent of GDP, agriculture sector contributed 27 percent of the GDP, Industry sector contributed 22 percent of the GDP and 8 percent was attributed to adjustment for taxes and subsidies on products.

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