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Rwanda GDP Annual Growth Rate


Kalenteri GMT Todellinen Edellinen Yksimielisyys
2019-03-15 02:45 PM Q4 9.6% 7.7%
2019-06-17 03:15 PM Q1 8.4% 9.6%
2019-09-16 03:10 PM Q2 12.2% 8.4%
2019-12-12 10:25 AM Q3 11.9% 12.2%
2020-03-16 02:45 PM Q4 11.9%


News Stream
2019-09-16
Rwanda Q2 GDP Growth Strongest since 2009
Rwanda's economy advanced 12.2% year-on-year in the second quarter of 2019, quickening from a 8.4% growth in the previous period. It was the fastest expansion since the first quarter of 2009. The services sector grew 12%, faster than 8% in Q1, mainly boosted by wholesale & retail trade (23% vs 7%); transport (17% vs 11%); hotels & restaurants (13% vs 7%) and public administration (12% vs -3%). Also, the industrial sector continued to rise solidly (21% vs 18%), namely due to manufacturing (16% vs 8%); mining (13% vs 12%) and construction (32% vs 30%). Meantime, agriculture grew 5%, above 4% in the prior period, driven by livestock & livestock products (14%, the same pace as in Q1); export crops (6% vs -9%); food crops (4%, the same pace as in Q1) and forestry (5%, the same pace as in Q1). On a quarterly basis, the GDP expanded 3.5 percent, following a 0.5 percent contraction in the first quarter.

2019-06-17
Rwanda GDP Growth Slows to 8.4% YoY in Q1
The economy of Rwanda advanced 8.4% year-on-year in the first quarter of 2019, after a 9.6% expansion in the previous period. The services sector grew 8%, slower than 11% in Q4, namely wholesale and retail trade (7% vs 14%); transport (11% vs 16%); real estate activities (2% vs 7%) and hotels & restaurants (7% vs 11%). In addition, output contracted for information & communication (-2% vs 14%) and public administration (-3% vs 27%). Conversely, the industrial sector advanced faster (18% vs 12%), mainly boosted by mining & quarrying (12% vs -2%) and construction (30% vs 20%); while manufacturing activity lost steam (8% vs 13%). Meantime, agriculture grew 4 percent, the same pace as in the previous period, driven by livestock products (14%, the same pace as in Q4) and food crops (4% vs 3%). On a quarterly basis, the GDP declined 0.5 percent, following a 2.9 percent advance in the last three months to December 2018.

2019-03-15
Rwanda GDP Grows 9.6% YoY in Q4
The economy of Rwanda advanced 9.6 percent year-on-year in the last quarter of 2018, following a 7.7 percent rise in the third quarter. The services sector grew 11 percent, faster than 7 percent in Q3, mainly boosted by wholesale an retail trade (14 percent compared to 12 percent) and real estate activities (7 percent from 6 percent). Faster increases were also seen in manufacturing (13 percent compared to 10 percent) and construction (20 percent compared to 17 percent). On the other hand, agriculture went up 4 percent, below 5 percent in the previous quarter. On a quarterly basis, the economy expanded 2.9 percent, below 5.9 percent in the three months to September. Considering full 2018, the GDP grew 8.6 percent, higher than 6.1 percent in 2017.

Ruanda BKT Viime Edellinen Korkein Alin Yksikkö
Bkt: N Kasvu 5.60 3.50 13.20 -2.20 Prosentti [+]
Bkt Annual Growth Rate 11.90 12.20 13.40 1.90 Prosentti [+]
BKT 9.51 9.14 9.51 0.12 Mrd. Usd [+]
Kiinteän Pääoman Bruttomuodostus 742.00 805.00 805.00 93.00 Rwf - Miljardi [+]
Bkt Asukasta Kohden 826.30 780.80 826.30 207.50 USD [+]
Bkt Per Asukas Ppp 2003.13 1892.68 2003.13 502.91 USD [+]
Bkt Kiintein Hinnoin 2076.00 1966.00 2076.00 683.00 Rwf - Miljardi [+]
Bkt Maatalous 516.00 507.00 516.00 237.00 Rwf - Miljardi [+]
Bkt Maarakennus 177.00 163.00 177.00 32.00 Rwf - Miljardi [+]
Bkt Manufacturing 127.00 128.00 128.00 42.00 Rwf - Miljardi [+]
Bkt Mining 52.00 45.00 62.00 12.00 Rwf - Miljardi [+]
Bkt Public Administration 104.00 90.00 104.00 26.00 Rwf - Miljardi [+]
Bkt Palvelut 1029.00 956.00 1029.00 286.00 Rwf - Miljardi [+]
Bkt Transport 103.00 87.00 103.00 20.00 Rwf - Miljardi [+]
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