The growth rate of real gross domestic product (GDP) is a key indicator of economic activity. For each publication, the distribution gives the percentage contribution of agriculture, industry, and services to total GDP.
Quarterly GDP
In the first quarter of 2025, Rwanda's GDP grew by 7.8%. GDP at current market prices was estimated at Frw 5,255 billion, up from Frw 4,486 billion in 2024 Q1. Services contributed 46% to GDP, agriculture contributed 24% while industry contributed 23%. Net direct taxes accounted for 7%.
Calendar year GDP
In 2024, GDP at current market prices was estimated at Frw 18,785 billion, up from Frw 16,626 billion in 2023.
Fiscal year GDP
In the fiscal year 2023/24, GDP at current market prices was estimated at Frw 17,684 billion, up from Frw 15,291 billion in 2022/23.
Index of Industrial Production (IIP)
In June 2025, the formal sector industrial output increased by 8.5% compared to June 2024, while the annual average growth rate was 6.4%.