Gross Domestic Product — Value US$ in Rwanda
Rwanda: Gross Domestic Product — Value US$ was 14,019 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Rwanda, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$ in Rwanda is 14,019 million USD, measured in 2024.
That represents a change of down 0.6% on the previous year and up 70.3% over ten years.
Over the whole period, gross domestic product — value us$ in Rwanda peaked at 14,098 million USD in 2023 and was at its lowest, 227.81 million USD, in 1970.
Rwanda ranks 161st of 236 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 — Value US$ in Rwanda, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 227.81 million USD | — |
| 1971 | 273.83 million USD | +20.2% |
| 1972 | 308.14 million USD | +12.5% |
| 1973 | 382.37 million USD | +24.1% |
| 1974 | 505.29 million USD | +32.1% |
| 1975 | 604.24 million USD | +19.6% |
| 1976 | 673.86 million USD | +11.5% |
| 1977 | 788.93 million USD | +17.1% |
| 1978 | 956.99 million USD | +21.3% |
| 1979 | 1,172 million USD | +22.5% |
| 1980 | 1,326 million USD | +13.1% |
| 1981 | 1,487 million USD | +12.1% |
| 1982 | 1,487 million USD | +0.0% |
| 1983 | 1,563 million USD | +5.1% |
| 1984 | 1,677 million USD | +7.3% |
| 1985 | 1,813 million USD | +8.1% |
| 1986 | 2,039 million USD | +12.5% |
| 1987 | 2,280 million USD | +11.8% |
| 1988 | 2,459 million USD | +7.9% |
| 1989 | 2,508 million USD | +2.0% |
| 1990 | 2,435 million USD | -2.9% |
| 1991 | 1,813 million USD | -25.6% |
| 1992 | 1,915 million USD | +5.6% |
| 1993 | 1,854 million USD | -3.2% |
| 1994 | 1,142 million USD | -38.4% |
| 1995 | 1,230 million USD | +7.8% |
| 1996 | 1,389 million USD | +12.9% |
| 1997 | 1,951 million USD | +40.4% |
| 1998 | 2,188 million USD | +12.2% |
| 1999 | 2,156 million USD | -1.5% |
| 2000 | 2,068 million USD | -4.1% |
| 2001 | 1,966 million USD | -4.9% |
| 2002 | 1,967 million USD | +0.0% |
| 2003 | 2,139 million USD | +8.7% |
| 2004 | 2,376 million USD | +11.1% |
| 2005 | 2,933 million USD | +23.4% |
| 2006 | 3,319 million USD | +13.2% |
| 2007 | 4,068 million USD | +22.6% |
| 2008 | 5,177 million USD | +27.3% |
| 2009 | 5,671 million USD | +9.6% |
| 2010 | 6,120 million USD | +7.9% |
| 2011 | 6,881 million USD | +12.4% |
| 2012 | 7,651 million USD | +11.2% |
| 2013 | 7,816 million USD | +2.2% |
| 2014 | 8,234 million USD | +5.3% |
| 2015 | 8,539 million USD | +3.7% |
| 2016 | 8,691 million USD | +1.8% |
| 2017 | 9,253 million USD | +6.5% |
| 2018 | 9,638 million USD | +4.2% |
| 2019 | 10,350 million USD | +7.4% |
| 2020 | 10,174 million USD | -1.7% |
| 2021 | 11,069 million USD | +8.8% |
| 2022 | 13,316 million USD | +20.3% |
| 2023 | 14,098 million USD | +5.9% |
| 2024 | 14,019 million USD | -0.6% |
Rwanda compared with similar countries
- Rwanda's 14,019 million USD is above the median for low income countries, which is 14,019 million USD, 1.0× the median. (23 countries reporting)
- Rwanda's 14,019 million USD is below the median for Sub-Saharan Africa, which is 17,421 million USD, 80% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$ 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 | -38.4% | 1,854 million USD | 1,142 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 589.36 million USD | 227.81 million USD | 1,172 million USD | 10 |
| 1980s | 1,864 million USD | 1,326 million USD | 2,508 million USD | 10 |
| 1990s | 1,807 million USD | 1,142 million USD | 2,435 million USD | 10 |
| 2000s | 3,168 million USD | 1,966 million USD | 5,671 million USD | 10 |
| 2010s | 8,317 million USD | 6,120 million USD | 10,350 million USD | 10 |
| 2020s | 12,535 million USD | 10,174 million USD | 14,098 million USD | 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)
- SDRs holdings, US dollar, annual growth rate -78.73 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.51 units per person (2025)
- SDRs holdings, SDR, annual growth rate -79.75 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.1 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0117 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Rwanda?
- Gross domestic product — value us$ in Rwanda was 14,019 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Rwanda?
- The highest recorded value was 14,098 million USD in 2023.
- What is the lowest gross domestic product — value us$ recorded in Rwanda?
- The lowest recorded value was 227.81 million USD in 1970.
- How does Rwanda rank for gross domestic product — value us$?
- Rwanda ranks 161st out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Rwanda?
- Over the last ten years it is up 70.3%. 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 US$. Statizoid updates them automatically from the source API.
Download this data
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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).