In the first quarter of 2021, GDP at current market prices was estimated to be Frw 2,579 billion, up from Frw 2,410 billion in Q1 2020. In this quarter, services sector contributed 46 percent of GDP, agriculture sector contributed 27 percent of the GDP, Industry sector contributed 20 percent of the GDP and 8 percent was attributed to adjustment for taxes and subsidies on products.
In the fourth quarter of 2020, GDP at current market prices was estimated at Frw 2,563 billion.In this quarter, estimates calculated in 2017 prices show that GDP decreased 0.6 percent compared to the same quarter of 2019.
In the second quarter of 2020, GDP at current market prices was estimated at Frw 2,175 billion, down from Frw 2,346 billion in Q2 of 2019. Services continue to lead in terms of shares to GDP with 45% compared to 28% and 19% shares for agriculture and industry respectively.
In the secondquarter (April – June) of 2018, Rwanda economy expanded by 6.7%. Within sector: Agriculture grew by 6%, Industry by 10% while services grew by 5%.