Annual gdp growth in Rwanda
Rwanda: Annual gdp growth was 8.89 in 2024. ▼ Falling
Annual gdp growth in Rwanda, 2000–2024
Source: Our World in Data.
Analysis
In 2024, annual gdp growth in Rwanda stood at 8.89.
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 13.19 in 2002 and was at its lowest, -3.37, 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 | Value | Change |
|---|---|---|
| 2000 | 8.37 | — |
| 2001 | 8.48 | +1.3% |
| 2002 | 13.19 | +55.5% |
| 2003 | 2.2 | -83.3% |
| 2004 | 7.45 | +238.6% |
| 2005 | 9.38 | +25.9% |
| 2006 | 9.23 | -1.6% |
| 2007 | 7.63 | -17.3% |
| 2008 | 11.16 | +46.3% |
| 2009 | 6.25 | -44.0% |
| 2010 | 7.33 | +17.3% |
| 2011 | 7.96 | +8.6% |
| 2012 | 8.64 | +8.5% |
| 2013 | 4.72 | -45.4% |
| 2014 | 6.17 | +30.7% |
| 2015 | 8.86 | +43.6% |
| 2016 | 5.97 | -32.6% |
| 2017 | 3.92 | -34.3% |
| 2018 | 8.52 | +117.3% |
| 2019 | 9.45 | +10.9% |
| 2020 | -3.37 | -135.7% |
| 2021 | 10.86 | -422.3% |
| 2022 | 8.16 | -24.9% |
| 2023 | 8.25 | +1.1% |
| 2024 | 8.89 | +7.8% |
Rwanda compared with similar countries
- Rwanda's 8.89 is above the median for low income countries, which is 4.18, 2.1× the median. (24 countries reporting)
- Rwanda's 8.89 is above the median for Sub-Saharan Africa, which is 4.18, 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% | -3.37 | 10.86 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.33 | 2.2 | 13.19 | 10 |
| 2010s | 7.15 | 3.92 | 9.45 | 10 |
| 2020s | 6.56 | -3.37 | 10.86 | 5 |
Countries ranked near Rwanda
More economy & growth data for Rwanda
- Real gdp growth, annual growth rate -15.81 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -78.73 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.51 units per person (2025)
- SDRs holdings, SDR, annual growth rate -79.75 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.1 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Rwanda?
- Annual gdp growth in Rwanda was 8.89 in 2024, according to Our World in Data.
- What is the highest annual gdp growth recorded in Rwanda?
- The highest recorded value was 13.19 in 2002.
- What is the lowest annual gdp growth recorded in Rwanda?
- The lowest recorded value was -3.37 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 Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).