Rwanda's GDP drop by 12.4% following Covid-19 pandemic outbreak
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.
Rwanda economy expanded by 6.7% in Q2 2018
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%.
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.
Rwanda's GDP up by 4 percent in Q2, 2017
Rwanda's gross domestic product (GDP) rose by 4 percent in the second quarter of 2017 compared with the first quarter.
Rwanda's economy grew 1.7 pct in Q1,2017
Rwanda's economy grew 1.7 percent in the first Quarter 2017, and GDP reached Frw 1,817 billion, up from Frw 1,593 billion in the same quarter of the previous year.
Rwanda's GDP expands 5.2 pct in Q3, 2016
In the Third quarter of the year 2016, GDP at current market prices was estimated at Rwf 1,662 billion, up from Rwf 1,506 billion in the same quarter of 2015. GDP grew by 5.2% compared to the same quarter in 2015.
Rwanda's GDP growth figures at 5.4% for Q2, 2016
In the second quarter of 2016, Rwanda's Gross domestic product (GDP) at current market prices was estimated to be Rwf 1,549 billion, up from Rwf 1,428 billion in the same quarter of 2015.
The Services sector contributed 48 percent of GDP while the agriculture sector contributed 33 percent of the GDP. The industry sector contributed 13 percent of the GDP and 6 percent was attributed to adjustment for taxes and subsidies on products.
GDP - National Accounts (Third Quarter 2015)
Rwanda's GDP up by 7.6 pct in Q1, 2015
Rwanda's gross domestic product (GDP) rose by 7.6 percent for in the first quarter of 2015, compared with the same quarter of the previous year and it totalled Rwf 1,377 billion Rwandan Francs.
Rwanda's GDP expands 7 pct in 2014
Rwanda's Gross Domestic Product (GDP) at current market prices in 2014 was estimated to be Rwf 5,389 billion.