Rwanda's GDP up by 10.6 percent in Q1, 2018
Rwanda's gross domestic product (GDP) rose by 10.6 percent in the first quarter of 2018 compared with the same quarter of 2017.
The nominal GDP in the second quarter totalled 1,985 billion Rwandan Francs (Frw), up from Frw 1,816 billion in Q1 2017.
Activities in the industry sector increased by 7 percent. Manufacturing activities increased by 7 percent boosted by food processing activities which increased by 9 percent and Textiles, clothing & leather goods activities which grew by 24 percent. Construction activities increased by 8 percent.
Activities in services sector increased by 12 percent in Q1 2018. The main contributors are, Wholesale and retail trade which grew by 26%. Transport activities which grew by 28%. Information and Communication which grew by 24%, Financial services which grew by 12%, Public administration which grew by 15% and Human health & social work activities increased by 7%.