Gross domestic product (GDP), Current prices, Domestic currency in Rwanda

Rwanda: Gross domestic product (GDP), Current prices, Domestic currency was 12.23 % change on previous year in 2019. ◆ Volatile

Latest (2019)
12.23 % change on previous year
Change on year
up 55.8%
World rank
25th
of 194 countries
All-time high
100.78 % change on previous year
in 1995
All-time low
-39.94 % change on previous year
in 1994
Years of data
59
1961–2019

Gross domestic product (GDP), Current prices, Domestic currency in Rwanda, 1961–2019

-50050100196119902019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Rwanda recorded 12.23 % change on previous year for gross domestic product (gdp), current prices, domestic currency in 2019.

Compared with earlier readings it is up 55.8% on the previous year and down 11.6% over ten years.

Over the whole period, gross domestic product (gdp), current prices, domestic currency in Rwanda peaked at 100.78 % change on previous year in 1995 and was at its lowest, -39.94 % change on previous year, in 1994.

That places Rwanda 25th out of 194 countries with data for 2019, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), Current prices, Domestic currency in Rwanda, year by year

Annual values for Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate in Rwanda, 1961 to 2019.
Year % change on previous year Change
1961 2.81 % change on previous year —
1962 3.98 % change on previous year +41.4%
1963 2.81 % change on previous year -29.4%
1964 0.8181 % change on previous year -70.9%
1965 16.06 % change on previous year +1862.8%
1966 47.46 % change on previous year +195.6%
1967 44.04 % change on previous year -7.2%
1968 8.53 % change on previous year -80.6%
1969 8.95 % change on previous year +5.0%
1970 16.25 % change on previous year +81.6%
1971 19.85 % change on previous year +22.1%
1972 3.95 % change on previous year -80.1%
1973 13.07 % change on previous year +231.1%
1974 45.34 % change on previous year +247.0%
1975 19.55 % change on previous year -56.9%
1976 17.24 % change on previous year -11.8%
1977 15.78 % change on previous year -8.5%
1978 13.15 % change on previous year -16.6%
1979 18.65 % change on previous year +41.9%
1980 12.29 % change on previous year -34.1%
1981 13.57 % change on previous year +10.4%
1982 6.78 % change on previous year -50.0%
1983 8.58 % change on previous year +26.4%
1984 11.9 % change on previous year +38.8%
1985 9.17 % change on previous year -22.9%
1986 -2.71 % change on previous year -129.6%
1987 1.44 % change on previous year -153.3%
1988 3.79 % change on previous year +162.1%
1989 6.91 % change on previous year +82.6%
1990 1.41 % change on previous year -79.6%
1991 11.31 % change on previous year +702.5%
1992 13.04 % change on previous year +15.3%
1993 4.29 % change on previous year -67.1%
1994 -39.94 % change on previous year -1031.3%
1995 100.78 % change on previous year -352.3%
1996 32.18 % change on previous year -68.1%
1997 37.97 % change on previous year +18.0%
1998 16.2 % change on previous year -57.3%
1999 5.35 % change on previous year -67.0%
2000 11.94 % change on previous year +123.2%
2001 8.06 % change on previous year -32.5%
2002 7.35 % change on previous year -8.9%
2003 22.99 % change on previous year +212.9%
2004 19.3 % change on previous year -16.0%
2005 19.24 % change on previous year -0.3%
2006 11.92 % change on previous year -38.1%
2007 21.57 % change on previous year +81.0%
2008 27.22 % change on previous year +26.2%
2009 13.84 % change on previous year -49.2%
2010 10.76 % change on previous year -22.2%
2011 15.74 % change on previous year +46.2%
2012 13.79 % change on previous year -12.4%
2013 7.51 % change on previous year -45.6%
2014 11.21 % change on previous year +49.4%
2015 9.41 % change on previous year -16.1%
2016 11.3 % change on previous year +20.1%
2017 12.37 % change on previous year +9.5%
2018 7.85 % change on previous year -36.5%
2019 12.23 % change on previous year +55.8%

Rwanda compared with similar countries

  • Rwanda's 12.23 % change on previous year is above the median for low income countries, which is 7.45 % change on previous year, 1.6× the median. (24 countries reporting)
  • Rwanda's 12.23 % change on previous year is above the median for Sub-Saharan Africa, which is 6.4 % change on previous year, 1.9× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Current prices, Domestic currency 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.

YearChange FromTo
1965 +1862.8% 0.8181 % change on previous year 16.06 % change on previous year
1994 -1031.3% 4.29 % change on previous year -39.94 % change on previous year
1991 +702.5% 1.41 % change on previous year 11.31 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 15.05 % change on previous year 0.8181 % change on previous year 47.46 % change on previous year 9
1970s 18.28 % change on previous year 3.95 % change on previous year 45.34 % change on previous year 10
1980s 7.17 % change on previous year -2.71 % change on previous year 13.57 % change on previous year 10
1990s 18.26 % change on previous year -39.94 % change on previous year 100.78 % change on previous year 10
2000s 16.35 % change on previous year 7.35 % change on previous year 27.22 % change on previous year 10
2010s 11.22 % change on previous year 7.51 % change on previous year 15.74 % change on previous year 10

Countries ranked near Rwanda

  1. 22 Bangladesh 12.97 % change on previous year compare
  2. 23 Nigeria 12.8 % change on previous year compare
  3. 24 Kazakhstan 12.48 % change on previous year compare
  4. 26 Georgia 12.11 % change on previous year compare
  5. 27 Tajikistan 11.76 % change on previous year compare
  6. 28 Ukraine 11.63 % change on previous year compare

See the full ranking of 194 places →

More economy & growth data for Rwanda

All data for Rwanda →

Frequently asked questions

What is gross domestic product (gdp), current prices, domestic currency in Rwanda?
Gross domestic product (gdp), current prices, domestic currency in Rwanda was 12.23 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Rwanda?
The highest recorded value was 100.78 % change on previous year in 1995.
What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Rwanda?
The lowest recorded value was -39.94 % change on previous year in 1994.
How does Rwanda rank for gross domestic product (gdp), current prices, domestic currency?
Rwanda ranks 25th out of 194 countries with data for 2019.
Is gross domestic product (gdp), current prices, domestic currency rising or falling in Rwanda?
Over the last ten years it is down 11.6%. The long-run trend across the full record is volatile.
Where does this Rwanda data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Current prices, Domestic currency in Rwanda. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-current-prices-domestic-currency-annual-growth-rate/rwanda/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 10,054 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.