Annual GDP growth in Rwanda
Rwanda: Annual GDP growth was 8.9% in 2024. ▼ Falling
Annual GDP growth in Rwanda, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual gdp growth in Rwanda stood at 8.9%.
That represents a change of up 7.8% on the previous year and up 44.1% over ten years.
Over the whole period, annual gdp growth in Rwanda peaked at 13.2% in 2002 and was at its lowest, -3.4%, in 2020.
That places Rwanda 6th out of 212 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 25 years of available data.
Annual GDP growth in Rwanda, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.4% | — |
| 2001 | 8.5% | +1.3% |
| 2002 | 13.2% | +55.5% |
| 2003 | 2.2% | -83.3% |
| 2004 | 7.5% | +238.6% |
| 2005 | 9.4% | +25.9% |
| 2006 | 9.2% | -1.6% |
| 2007 | 7.6% | -17.3% |
| 2008 | 11.2% | +46.3% |
| 2009 | 6.2% | -44.0% |
| 2010 | 7.3% | +17.3% |
| 2011 | 8.0% | +8.6% |
| 2012 | 8.6% | +8.5% |
| 2013 | 4.7% | -45.4% |
| 2014 | 6.2% | +30.7% |
| 2015 | 8.9% | +43.6% |
| 2016 | 6.0% | -32.6% |
| 2017 | 3.9% | -34.3% |
| 2018 | 8.5% | +117.3% |
| 2019 | 9.4% | +10.9% |
| 2020 | -3.4% | -135.7% |
| 2021 | 10.9% | -422.3% |
| 2022 | 8.2% | -24.9% |
| 2023 | 8.2% | +1.1% |
| 2024 | 8.9% | +7.8% |
Rwanda compared with similar countries
- Rwanda's 8.9% is above the median for low income countries, which is 4.2%, 2.1× the median. (24 countries reporting)
- Rwanda's 8.9% is above the median for Sub-Saharan Africa, which is 4.2%, 2.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth in Rwanda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +422.3% | -3.4% | 10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.3% | 2.2% | 13.2% | 10 |
| 2010s | 7.2% | 3.9% | 9.4% | 10 |
| 2020s | 6.6% | -3.4% | 10.9% | 5 |
Countries ranked near Rwanda
More economy & growth data for Rwanda
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.1 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 7.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 13.15 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.9225 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 572.93 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 25.19 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0379 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.19 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -18.44 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Rwanda?
- Annual gdp growth in Rwanda was 8.9% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in Rwanda?
- The highest recorded value was 13.2% in 2002.
- What is the lowest annual gdp growth recorded in Rwanda?
- The lowest recorded value was -3.4% in 2020.
- How does Rwanda rank for annual gdp growth?
- Rwanda ranks 6th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Rwanda?
- Over the last ten years it is up 44.1%. The long-run trend across the full record is falling.
- Where does this Rwanda data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual GDP growth (%).