Latest reports
GDP National Accounts (First Quarter 2024)
In Q1 of 2024, GDP at current market prices was estimated at Frw 4,486 billion, up from Frw 3,904 billion in Q1 of 2023. Services contributed 46 percent to GDP, agriculture contributed 25 percent while industry contributed 23 percent. Net direct taxes accounted for 7 percent.
GDP National Accounts (Fourth Quarter 2023)
In the fourth quarter of 2023, GDP at current market prices was estimated at Frw 4,500 billion. Estimates calculated in 2017 prices show that GDP was 10 percent higher when compared to the same quarter of 2022.
In this quarter, services sector contributed 47 percent to GDP, agriculture sector contributed 26 percent to the GDP, industry sector contributed 20 percent to the GDP and 6 percent was attributed to adjustment for taxes and subsidies on products.
Latest articles
Rwanda's GDP drop by 12.4% following Covid-19 pandemic outbreak
In the second quarter of 2020, GDP at current market prices was estimated at Frw 2,175 billion, down from Frw 2,346 billion in Q2 of 2019. Services continue to lead in terms of shares to GDP with 45% compared to 28% and 19% shares for agriculture and industry respectively.
Rwanda economy expanded by 6.7% in Q2 2018
In the secondquarter (April – June) of 2018, Rwanda economy expanded by 6.7%. Within sector: Agriculture grew by 6%, Industry by 10% while services grew by 5%.