Rwanda: Economic growth, quarterly

* indicates monthly or quarterly data series
 Rwanda

Economic growth, percent change in quarterly real GDP

 Latest value 9.7
 Reference Q1 2024
 Measure percent
 Data availability Q1 2007 - Q1 2024
 Average 7.18
 Min - Max -12.5 - 20.6
 Source National Institute of Statistics of Rwanda
The latest data from Q1 2024 show economic growth of 9.7 percent, which is a decrease from the rate of growth of 10 percent in the previous quarter and an increase compared to the growth rate of 9.2 percent in the same quarter last year. The economic growth time series for Rwanda cover the period from Q1 2007 to Q1 2024. During that time span, the average growth rate for Rwanda was 7.18 percent. The lowest rate of growth of -12.5 percent was recorded in Q2 2020 while the highest growth rate was 20.6 percent in Q2 2021. See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series


Recent values chart
Rwanda - Economic growth, quarterly  - recent values

Historical chart
Rwanda - Economic growth, quarterly  - historical chart - 2007-2024
Measure: percent
Source: National Institute of Statistics of Rwanda


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Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.

 Related indicators Latest value Reference Measure
 Economic growth 8.16 2022 percent
 GDP, constant dollars 13.0 2022 billion U.S. dollars
 GDP, current U.S. dollars 13.31 2022 billion U.S. dollars
 GDP per capita, current dollars 966.23 2022 U.S. dollars
 GDP per capita, PPP 2,365 2022 U.S. dollars
 GDP per capita, constant dollars 940.37 2022 U.S. dollars
 Economic growth, quarterly 7.50 Q3/2023 percent
 Economic growth Q-on-Q 4.68 Q3/2023 percent
 Gross Domestic Product (GDP) 4,246.00 Q3/2023 billion
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