Gross Domestic Product — Value Standard Local Currency, 2015 prices in Rwanda
Rwanda: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 10.98 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Rwanda, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Rwanda recorded 10.98 million million SLC for gross domestic product — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 8.9% on the previous year and up 94.5% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Rwanda peaked at 10.98 million million SLC in 2024 and was at its lowest, 751,525 million SLC, in 1994.
That places Rwanda 36th out of 194 countries with data for 2024, 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 — Value Standard Local Currency, 2015 prices in Rwanda, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 764,969 million SLC | — |
| 1971 | 774,202 million SLC | +1.2% |
| 1972 | 776,254 million SLC | +0.3% |
| 1973 | 802,927 million SLC | +3.4% |
| 1974 | 809,424 million SLC | +0.8% |
| 1975 | 792,314 million SLC | -2.1% |
| 1976 | 946,852 million SLC | +19.5% |
| 1977 | 995,824 million SLC | +5.2% |
| 1978 | 1.09 million million SLC | +9.8% |
| 1979 | 1.20 million million SLC | +9.4% |
| 1980 | 1.30 million million SLC | +9.0% |
| 1981 | 1.37 million million SLC | +5.4% |
| 1982 | 1.40 million million SLC | +1.8% |
| 1983 | 1.48 million million SLC | +6.0% |
| 1984 | 1.42 million million SLC | -4.2% |
| 1985 | 1.48 million million SLC | +4.4% |
| 1986 | 1.55 million million SLC | +4.5% |
| 1987 | 1.55 million million SLC | +0.1% |
| 1988 | 1.55 million million SLC | +0.0% |
| 1989 | 1.60 million million SLC | +3.2% |
| 1990 | 1.56 million million SLC | -2.4% |
| 1991 | 1.51 million million SLC | -3.7% |
| 1992 | 1.61 million million SLC | +6.6% |
| 1993 | 1.47 million million SLC | -8.6% |
| 1994 | 751,525 million SLC | -48.8% |
| 1995 | 1.00 million million SLC | +33.5% |
| 1996 | 1.20 million million SLC | +19.9% |
| 1997 | 1.44 million million SLC | +19.3% |
| 1998 | 1.64 million million SLC | +14.0% |
| 1999 | 1.82 million million SLC | +11.1% |
| 2000 | 1.97 million million SLC | +8.4% |
| 2001 | 2.14 million million SLC | +8.5% |
| 2002 | 2.42 million million SLC | +13.2% |
| 2003 | 2.47 million million SLC | +2.2% |
| 2004 | 2.66 million million SLC | +7.4% |
| 2005 | 2.91 million million SLC | +9.4% |
| 2006 | 3.17 million million SLC | +9.2% |
| 2007 | 3.42 million million SLC | +7.7% |
| 2008 | 3.80 million million SLC | +11.2% |
| 2009 | 4.03 million million SLC | +6.2% |
| 2010 | 4.33 million million SLC | +7.3% |
| 2011 | 4.68 million million SLC | +8.0% |
| 2012 | 5.08 million million SLC | +8.6% |
| 2013 | 5.32 million million SLC | +4.7% |
| 2014 | 5.65 million million SLC | +6.2% |
| 2015 | 6.15 million million SLC | +8.9% |
| 2016 | 6.51 million million SLC | +6.0% |
| 2017 | 6.77 million million SLC | +4.0% |
| 2018 | 7.35 million million SLC | +8.5% |
| 2019 | 8.04 million million SLC | +9.4% |
| 2020 | 7.77 million million SLC | -3.4% |
| 2021 | 8.62 million million SLC | +10.9% |
| 2022 | 9.32 million million SLC | +8.2% |
| 2023 | 10.09 million million SLC | +8.2% |
| 2024 | 10.98 million million SLC | +8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 895,254 million SLC | 764,969 million SLC | 1.20 million million SLC | 10 |
| 1980s | 1.47 million million SLC | 1.30 million million SLC | 1.60 million million SLC | 10 |
| 1990s | 1.40 million million SLC | 751,525 million SLC | 1.82 million million SLC | 10 |
| 2000s | 2.90 million million SLC | 1.97 million million SLC | 4.03 million million SLC | 10 |
| 2010s | 5.99 million million SLC | 4.33 million million SLC | 8.04 million million SLC | 10 |
| 2020s | 9.36 million million SLC | 7.77 million million SLC | 10.98 million million SLC | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0832 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 93.45 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 118.8 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 133,494 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.079 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 88.78 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 122,557 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 8.22 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Rwanda?
- Gross domestic product — value standard local currency, 2015 prices in Rwanda was 10.98 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Rwanda?
- The highest recorded value was 10.98 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Rwanda?
- The lowest recorded value was 751,525 million SLC in 1994.
- How does Rwanda rank for gross domestic product — value standard local currency, 2015 prices?
- Rwanda ranks 36th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Rwanda?
- Over the last ten years it is up 94.5%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).