DESCRIPTION:
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.
The Index of Industrial Production (IIP) measures the real production output of mining and quarrying, manufacturing and utilities.
KEY LATEST FIGURES:
1. Quarterly GDP
In the second quarter of 2025, GDP grew by 7.8%, following the growth rate of 10.2% in the second quarter of 2024. Agriculture increased by 8%, Industry increased by 7% and Services increased by 9%.
2. 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.
3. Fiscal year GDP
In the fiscal year 2024/25, GDP growth was 6.3 %. GDP at current market prices was estimated at Frw 21,512 billion, up from Frw 18,371 billion.
4. Index of Industrial Production (IIP)
In July 2025, the formal sector industrial output increased by 6.3% compared to July 2024.
COMPREHENSIVE REPORTS: