KEY LATEST FIGURES:
1. Business
At least 87% was the rate of informality of Rwanda’s business landscape in 2024. Data show that insufficient collateral remains the main barrier to access finance with 11.4% of formal businesses and 19.6% of informal businesses.
In 2023, the total number of establishments was 269,326, including 261,549 enterprises (head offices or single unit establishments). Wholesale and retail trade accounted for 53.5 percent of the establishments, followed by accommodation and food services by 23.0 percent.
3. Finance
Financial inclusion in Rwanda has reached 96% (7.8 million) up from 93% in 2020, getting closer to the universal access of 100% set target. There has been huge growth in formal financial inclusion or formally served from 77% (5.4 million) in 2020 to 92% (7.5 million) in 2024 surpassing the set target of 90% by 2024.
The Rwanda FinScope 2024 findings show that uptake and use of other formal non-bank products and services have drastically increased to 92% (7.5 million) from 75% (5.3 million) in 2020 driven largely by mobile money. The proportion of banked individuals remained similar with a slight increase in absolute numbers to 2020 (22%/1.6 million in 2020 vs 22%/1.8 million).
4. Travels
In the fourth quarter of 2025, Rwanda’s export of travel services was estimated at 161.5 million USD. According to this estimate, the total expenditure of non-residents arriving by air in Rwanda reached 136.7 million USD.
By purpose of visit, holiday travel contributed 65million USD, to this total. Within this segment, revenue generated by Gorillas accounted for 71.4%.
By region, visitors from North America recorded the highest expenditure, totaling 40.8 million USD.
5. Trade
On monthly basis: The deficit in the balance of formal trade in goods was US$ 228.44 million in March 2026, representing a decrease of 1.72 % compared with the previous month of February 2026.
On Quarterly basis: Rwanda’s total trade was valued at US$ 1,932.58 million in the third quarter of 2025, representing an increase of 11.33% from the second quarter of 2025. Domestic exports were estimated at US$ 389.99 million, imports at US$ 1,368.93 million, and re-exports at US$ 173.65 million.
COMPREHENSIVE REPORTS: