Gross domestic product (GDP) in Rwanda
Rwanda: Gross domestic product (GDP) was 43.79 billion international-$ in 2021 prices in 2023. ◆ Volatile
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.
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
- External balance on goods and services as a percent of GDP -13.6% (2025)
- Inflation of consumer prices 5.9% (2025)
- GDP per capita 1,116 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.3% (2025)
- Gross domestic product (GDP) 16.27 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,116 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,428 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.10 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 771.20 million current US$ (2025)
- Taxes less subsidies on products 1.25 trillion current LCU (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.
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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.