Gross Fixed Capital Formation — Annual growth Standard Local Currency in Rwanda

Rwanda: Gross Fixed Capital Formation — Annual growth Standard Local Currency was 23.37 % in 2024. ◆ Volatile

Latest (2024)
23.37 %
Change on year
down 25.7%
World rank
15th
of 202 countries
All-time high
174.76 %
in 1995
All-time low
-65.25 %
in 1994
Years of data
54
1971–2024

Gross Fixed Capital Formation — Annual growth Standard Local Currency in Rwanda, 1971–2024

-50050100150197119972024

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for gross fixed capital formation — annual growth standard local currency in Rwanda is 23.37 %, measured in 2024.

Compared with earlier readings it is down 25.7% on the previous year and up 268.0% over ten years.

Over the whole period, gross fixed capital formation — annual growth standard local currency in Rwanda peaked at 174.76 % in 1995 and was at its lowest, -65.25 %, in 1994.

Rwanda ranks 15th of 202 countries on this measure, in the top 10%.

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

Gross Fixed Capital Formation — Annual growth Standard Local Currency in Rwanda, year by year

Annual values for Gross Fixed Capital Formation — Annual growth Standard Local Currency in Rwanda, 1971 to 2024.
Year % Change
1971 32.73 %
1972 -16.89 % -151.6%
1973 -5.49 % -67.5%
1974 170.35 % -3200.3%
1975 49.68 % -70.8%
1976 14.8 % -70.2%
1977 14.39 % -2.7%
1978 23.85 % +65.7%
1979 26.06 % +9.3%
1980 -7.57 % -129.0%
1981 21.15 % -379.5%
1982 17.52 % -17.2%
1983 10.44 % -40.4%
1984 18.9 % +81.1%
1985 9.69 % -48.7%
1986 -0.9242 % -109.5%
1987 0.5224 % -156.5%
1988 -0.0742 % -114.2%
1989 -6.09 % +8106.1%
1990 -5.46 % -10.4%
1991 5.4 % -199.0%
1992 36.44 % +574.4%
1993 12.11 % -66.8%
1994 -65.25 % -638.8%
1995 174.76 % -367.9%
1996 36.47 % -79.1%
1997 28.7 % -21.3%
1998 21.6 % -24.7%
1999 22.99 % +6.4%
2000 15.12 % -34.3%
2001 12.12 % -19.8%
2002 6.31 % -48.0%
2003 27.97 % +343.5%
2004 30.46 % +8.9%
2005 25.89 % -15.0%
2006 8.47 % -67.3%
2007 34.94 % +312.7%
2008 60.88 % +74.2%
2009 11.99 % -80.3%
2010 8.56 % -28.6%
2011 19.3 % +125.3%
2012 25.62 % +32.8%
2013 12.5 % -51.2%
2014 6.35 % -49.2%
2015 15.79 % +148.7%
2016 26.05 % +65.0%
2017 -5.92 % -122.7%
2018 9.04 % -252.7%
2019 31.43 % +247.7%
2020 -2.95 % -109.4%
2021 19.95 % -775.4%
2022 15.57 % -22.0%
2023 31.45 % +102.0%
2024 23.37 % -25.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 34.39 % -16.89 % 170.35 % 9
1980s 6.36 % -7.57 % 21.15 % 10
1990s 26.78 % -65.25 % 174.76 % 10
2000s 23.41 % 6.31 % 60.88 % 10
2010s 14.87 % -5.92 % 31.43 % 10
2020s 17.48 % -2.95 % 31.45 % 5

Countries ranked near Rwanda

  1. 12 Ghana 34.5 % compare
  2. 13 Madagascar 27.7 % compare
  3. 14 Ethiopia 24.57 % compare
  4. 16 Bahamas 22.61 % compare
  5. 17 Mongolia 20.13 % compare
  6. 18 Belarus 19.37 % compare

See the full ranking of 217 places →

More economy & growth data for Rwanda

All data for Rwanda →

Frequently asked questions

What is gross fixed capital formation — annual growth standard local currency in Rwanda?
Gross fixed capital formation — annual growth standard local currency in Rwanda was 23.37 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — annual growth standard local currency recorded in Rwanda?
The highest recorded value was 174.76 % in 1995.
What is the lowest gross fixed capital formation — annual growth standard local currency recorded in Rwanda?
The lowest recorded value was -65.25 % in 1994.
How does Rwanda rank for gross fixed capital formation — annual growth standard local currency?
Rwanda ranks 15th out of 202 countries with data for 2024.
Is gross fixed capital formation — annual growth standard local currency rising or falling in Rwanda?
Over the last ten years it is up 268.0%. 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 Fixed Capital Formation — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Annual growth Standard Local Currency in Rwanda. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-annual-growth-standard-local-currency/rwanda/

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About this data

Indicator
Gross Fixed Capital Formation — Annual growth Standard Local Currency
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
217 places, 10,792 data points, 1971–2024
Last refreshed

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).