Gross Domestic Product — Value Standard Local Currency, annual growth in Rwanda
Rwanda: Gross Domestic Product — Value Standard Local Currency, annual growth was 12.99 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Rwanda, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value standard local currency, annual growth in Rwanda stood at 12.99 % change on previous year.
Compared with earlier readings it is down 32.4% on the previous year and up 16.2% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth 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.
Rwanda ranks 46th of 218 countries on this measure, 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, annual growth in Rwanda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 19.85 % change on previous year | — |
| 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 | -1031.4% |
| 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 | 21.52 % change on previous year | +80.5% |
| 2008 | 27.24 % change on previous year | +26.6% |
| 2009 | 13.85 % change on previous year | -49.2% |
| 2010 | 10.74 % change on previous year | -22.5% |
| 2011 | 15.75 % change on previous year | +46.7% |
| 2012 | 13.77 % change on previous year | -12.5% |
| 2013 | 7.53 % change on previous year | -45.3% |
| 2014 | 11.18 % change on previous year | +48.4% |
| 2015 | 9.4 % change on previous year | -15.9% |
| 2016 | 11.31 % change on previous year | +20.3% |
| 2017 | 12.45 % change on previous year | +10.1% |
| 2018 | 7.86 % change on previous year | -36.9% |
| 2019 | 12.16 % change on previous year | +54.6% |
| 2020 | 3.1 % change on previous year | -74.5% |
| 2021 | 14.03 % change on previous year | +351.7% |
| 2022 | 25.38 % change on previous year | +80.9% |
| 2023 | 19.21 % change on previous year | -24.3% |
| 2024 | 12.99 % change on previous year | -32.4% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual 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 |
|---|---|---|---|
| 1994 | -1031.4% | 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.51 % change on previous year | 3.95 % change on previous year | 45.34 % change on previous year | 9 |
| 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 | 16.34 % change on previous year | 7.35 % change on previous year | 27.24 % change on previous year | 10 |
| 2010s | 11.21 % change on previous year | 7.53 % change on previous year | 15.75 % change on previous year | 10 |
| 2020s | 14.94 % change on previous year | 3.1 % change on previous year | 25.38 % change on previous year | 5 |
Countries ranked near Rwanda
- 43 Guinea 13.44 % change on previous year compare
- 44 Kazakhstan 13.24 % change on previous year compare
- 45 Belarus 13.13 % change on previous year compare
- 47 Papua New Guinea 12.37 % change on previous year compare
- 48 Madagascar 12.15 % change on previous year compare
- 49 Vietnam 11.55 % change on previous year 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 — value standard local currency, annual growth in Rwanda?
- Gross domestic product — value standard local currency, annual growth in Rwanda was 12.99 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Rwanda?
- The highest recorded value was 100.78 % change on previous year in 1995.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Rwanda?
- The lowest recorded value was -39.94 % change on previous year in 1994.
- How does Rwanda rank for gross domestic product — value standard local currency, annual growth?
- Rwanda ranks 46th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Rwanda?
- Over the last ten years it is up 16.2%. 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 — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.