GDP National Accounts (Third Quarter 2024)
In Q3 of 2024, GDP at current market prices was estimated at Frw 4,806 billion, up from Frw 4,246 billion in Q3 of 2023. GDP growth was 8.1 percent following 9.8 percent in Q2 and 9.7 percent in Q1.
Consumer Price Index (CPI) - November 2024
Urban CPI increased by 5 percent on annual basis (November 2024 compared to November2023) and it increased by 0.1 percent on monthly basis (November 2024 to October 2024).
The annual average inflation rate between November 2024 and November 2023 was 4.7 percent.
Formal external trade in Goods report (October 2024)
The deficit in the balance of formal trade in goods was US$ 363.65 million in October 2024, a decrease of 7.37 percent compared to the previous month of September 2024. Year-to-year, the formal trade in goods deficit increased by 11.89 percent on the deficit of October 2023.
Index of Industrial Production (October - 2024)
In October 2024, the industrial output (formal sector) increased by 6.8 percent compared to October 2023, against an increase of 7.0 percent on annual average basis.
Producer Price Index Report - October 2024
Rwanda’s general Producer Price Index combining both prices for local and export products registered an annual decrease of 5.6 percent in October 2024, Local PPI decreased by 10.9 percent in October 2024, and Export PPI increased by 7.5 percent in October 2024.
Consumer Price Index (CPI) - October 2024
Urban CPI increased by 3.8 percent on annual basis (October 2024 compared to October 2023) and it increased by 1.5 percent on monthly basis (October 2024 to September 2024).The annual average inflation rate between October 2024 and October 2023 was 5.1 percent
Seasonal Agricultural Survey (Season B, 2024)
NISR has conducted the Seasonal Agriculture Survey to provide more comprehensive data on the Rwandan agriculture sector. During 2024 Season B, the data collection activities started from April 21st, 2024, and was concluded on August 15th, 2024, covering 1,200 segments and 384 large scale farmers’ holdings across the country.
Index of Industrial Production (September - 2024)
In September 2024, the industrial output (formal sector) increased by 8.9 percent compared to September 2023, against an increase of 6.7 percent on annual average basis.
Formal external trade in Goods report (September 2024)
The deficit in the balance of formal trade in goods was US$ 338.68 million in September 2024, a decrease of 31.50 percent compared to August 2024. Year-to-year, the formal trade in goods deficit decreased by 12.27 percent on the deficit of September 2023.
Producer Price Index Report - September 2024
Rwanda’s general Producer Price Index combining both prices for local and export products registered an annual decrease of 9.3 percent in September 2024, Local PPI decreased by 14.3 percent in September 2024, and Export PPI increased by 2.8 percent in September 2024.