Gross domestic product (GDP) in Rwanda
Rwanda: Gross domestic product (GDP) was 43.79 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
43.79 billion international-$ in 2021 prices
Change on year
up 7.9%
World rank
127th
of 184 countries
All-time high
43.79 billion international-$ in 2021 prices
in 2023
All-time low
2.89 billion international-$ in 2021 prices
in 1964
Years of data
64
1960–2023
Gross domestic product (GDP) in Rwanda, 1960–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Rwanda stood at 43.79 billion international-$ in 2021 prices. That is the highest value across all 64 years on record.
The figure is up 7.9% on the previous year and up 105.0% over ten years.
Over the whole period, gross domestic product (gdp) in Rwanda peaked at 43.79 billion international-$ in 2021 prices in 2023 and was at its lowest, 2.89 billion international-$ in 2021 prices, in 1964.
Rwanda ranks 127th of 184 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Rwanda, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1960 | 3.44 billion international-$ in 2021 prices | — |
| 1961 | 3.29 billion international-$ in 2021 prices | -4.4% |
| 1962 | 3.62 billion international-$ in 2021 prices | +10.1% |
| 1963 | 3.25 billion international-$ in 2021 prices | -10.3% |
| 1964 | 2.89 billion international-$ in 2021 prices | -11.0% |
| 1965 | 3.07 billion international-$ in 2021 prices | +6.2% |
| 1966 | 3.32 billion international-$ in 2021 prices | +8.3% |
| 1967 | 3.54 billion international-$ in 2021 prices | +6.5% |
| 1968 | 3.80 billion international-$ in 2021 prices | +7.3% |
| 1969 | 4.19 billion international-$ in 2021 prices | +10.4% |
| 1970 | 4.53 billion international-$ in 2021 prices | +8.1% |
| 1971 | 4.51 billion international-$ in 2021 prices | -0.5% |
| 1972 | 4.74 billion international-$ in 2021 prices | +5.1% |
| 1973 | 4.95 billion international-$ in 2021 prices | +4.5% |
| 1974 | 5.07 billion international-$ in 2021 prices | +2.4% |
| 1975 | 5.10 billion international-$ in 2021 prices | +0.6% |
| 1976 | 5.90 billion international-$ in 2021 prices | +15.7% |
| 1977 | 6.12 billion international-$ in 2021 prices | +3.7% |
| 1978 | 6.36 billion international-$ in 2021 prices | +3.9% |
| 1979 | 7.14 billion international-$ in 2021 prices | +12.3% |
| 1980 | 7.22 billion international-$ in 2021 prices | +1.2% |
| 1981 | 8.26 billion international-$ in 2021 prices | +14.5% |
| 1982 | 7.99 billion international-$ in 2021 prices | -3.3% |
| 1983 | 8.46 billion international-$ in 2021 prices | +5.9% |
| 1984 | 8.03 billion international-$ in 2021 prices | -5.1% |
| 1985 | 8.44 billion international-$ in 2021 prices | +5.2% |
| 1986 | 8.84 billion international-$ in 2021 prices | +4.7% |
| 1987 | 8.58 billion international-$ in 2021 prices | -2.9% |
| 1988 | 8.67 billion international-$ in 2021 prices | +1.1% |
| 1989 | 9.35 billion international-$ in 2021 prices | +7.7% |
| 1990 | 8.93 billion international-$ in 2021 prices | -4.5% |
| 1991 | 7.83 billion international-$ in 2021 prices | -12.3% |
| 1992 | 8.31 billion international-$ in 2021 prices | +6.2% |
| 1993 | 7.57 billion international-$ in 2021 prices | -9.0% |
| 1994 | 3.49 billion international-$ in 2021 prices | -53.9% |
| 1995 | 4.33 billion international-$ in 2021 prices | +23.9% |
| 1996 | 5.36 billion international-$ in 2021 prices | +24.0% |
| 1997 | 6.48 billion international-$ in 2021 prices | +20.8% |
| 1998 | 7.25 billion international-$ in 2021 prices | +11.9% |
| 1999 | 7.71 billion international-$ in 2021 prices | +6.4% |
| 2000 | 8.30 billion international-$ in 2021 prices | +7.7% |
| 2001 | 9.09 billion international-$ in 2021 prices | +9.4% |
| 2002 | 10.59 billion international-$ in 2021 prices | +16.5% |
| 2003 | 10.64 billion international-$ in 2021 prices | +0.5% |
| 2004 | 11.59 billion international-$ in 2021 prices | +8.9% |
| 2005 | 12.58 billion international-$ in 2021 prices | +8.5% |
| 2006 | 14.09 billion international-$ in 2021 prices | +12.0% |
| 2007 | 14.79 billion international-$ in 2021 prices | +5.0% |
| 2008 | 15.43 billion international-$ in 2021 prices | +4.3% |
| 2009 | 16.56 billion international-$ in 2021 prices | +7.3% |
| 2010 | 18.27 billion international-$ in 2021 prices | +10.4% |
| 2011 | 20.10 billion international-$ in 2021 prices | +10.0% |
| 2012 | 21.07 billion international-$ in 2021 prices | +4.9% |
| 2013 | 21.36 billion international-$ in 2021 prices | +1.4% |
| 2014 | 23.19 billion international-$ in 2021 prices | +8.6% |
| 2015 | 25.30 billion international-$ in 2021 prices | +9.1% |
| 2016 | 26.47 billion international-$ in 2021 prices | +4.6% |
| 2017 | 27.31 billion international-$ in 2021 prices | +3.2% |
| 2018 | 30.52 billion international-$ in 2021 prices | +11.7% |
| 2019 | 33.21 billion international-$ in 2021 prices | +8.8% |
| 2020 | 32.84 billion international-$ in 2021 prices | -1.1% |
| 2021 | 37.18 billion international-$ in 2021 prices | +13.2% |
| 2022 | 40.58 billion international-$ in 2021 prices | +9.1% |
| 2023 | 43.79 billion international-$ in 2021 prices | +7.9% |
Rwanda compared with similar countries
- Rwanda's 43.79 billion international-$ in 2021 prices is above the median for low income countries, which is 42.81 billion international-$ in 2021 prices, 1.0× the median. (22 countries reporting)
- Rwanda's 43.79 billion international-$ in 2021 prices is below the median for Sub-Saharan Africa, which is 45.59 billion international-$ in 2021 prices, 96% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) 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 |
|---|---|---|---|
| 1994 | -53.9% | 7.57 billion international-$ in 2021 prices | 3.49 billion international-$ in 2021 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.44 billion international-$ in 2021 prices | 2.89 billion international-$ in 2021 prices | 4.19 billion international-$ in 2021 prices | 10 |
| 1970s | 5.44 billion international-$ in 2021 prices | 4.51 billion international-$ in 2021 prices | 7.14 billion international-$ in 2021 prices | 10 |
| 1980s | 8.38 billion international-$ in 2021 prices | 7.22 billion international-$ in 2021 prices | 9.35 billion international-$ in 2021 prices | 10 |
| 1990s | 6.72 billion international-$ in 2021 prices | 3.49 billion international-$ in 2021 prices | 8.93 billion international-$ in 2021 prices | 10 |
| 2000s | 12.37 billion international-$ in 2021 prices | 8.30 billion international-$ in 2021 prices | 16.56 billion international-$ in 2021 prices | 10 |
| 2010s | 24.68 billion international-$ in 2021 prices | 18.27 billion international-$ in 2021 prices | 33.21 billion international-$ in 2021 prices | 10 |
| 2020s | 38.60 billion international-$ in 2021 prices | 32.84 billion international-$ in 2021 prices | 43.79 billion international-$ in 2021 prices | 4 |
Countries ranked near Rwanda
- 124 Macao 46.16 billion international-$ in 2021 prices compare
- 125 Botswana 45.59 billion international-$ in 2021 prices compare
- 126 Albania 44.90 billion international-$ in 2021 prices compare
- 128 Trinidad and Tobago 42.33 billion international-$ in 2021 prices compare
- 129 Chad 41.83 billion international-$ in 2021 prices compare
- 130 North Macedonia 40.75 billion international-$ in 2021 prices compare
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$), annual growth rate -18.44 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Rwanda?
- Gross domestic product (gdp) in Rwanda was 43.79 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Rwanda?
- The highest recorded value was 43.79 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Rwanda?
- The lowest recorded value was 2.89 billion international-$ in 2021 prices in 1964.
- How does Rwanda rank for gross domestic product (gdp)?
- Rwanda ranks 127th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Rwanda?
- Over the last ten years it is up 105.0%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.