Annual GDP growth in Rwanda

Rwanda: Annual GDP growth was 7.2% in 2024. ◆ Volatile

Latest (2024)
7.2%
Change on year
down 15.8%
World rank
16th
of 196 countries
All-time high
24.5%
in 1995
All-time low
-41.9%
in 1994
Years of data
45
1980–2024

Annual GDP growth in Rwanda, 1980–2024

-40-200201980200220241980: -3.6 %1981: 2.5 %1982: -2.5 %1983: 6 %1984: 13 %1985: 4.4 %1986: 5.5 %1987: -0.295 %1988: 0.296 %1989: -5.7 %1990: 0.419 %1991: -4.3 %1992: 6.6 %1993: -10.4 %1994: -41.9 %1995: 24.5 %1996: 11.6 %1997: 14.9 %1998: 8.3 %1999: 3.3 %2000: 8.4 %2001: 8.5 %2002: 13.2 %2003: 2.2 %2004: 7.4 %2005: 9.4 %2006: 9.2 %2007: 7.7 %2008: 11.2 %2009: 6.2 %2010: 7.3 %2011: 8 %2012: 8.6 %2013: 4.7 %2014: 5.7 %2015: 8.9 %2016: 5.7 %2017: 4.7 %2018: 8.1 %2019: 9.3 %2020: -2.8 %2021: 8.4 %2022: 9.8 %2023: 8.6 %2024: 7.2 %

Source: International Monetary Fund (2026) – with minor processing by Our World in Data. Measured in %.

Analysis

The most recent figure for annual gdp growth in Rwanda is 7.2%, measured in 2024.

Compared with earlier readings it is down 15.8% on the previous year and up 27.3% over ten years.

Over the whole period, annual gdp growth in Rwanda peaked at 24.5% in 1995 and was at its lowest, -41.9%, in 1994.

Rwanda ranks 16th of 196 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.0% -5.7% 13.0% 10
1990s 1.3% -41.9% 24.5% 10
2000s 8.3% 2.2% 13.2% 10
2010s 7.1% 4.7% 9.3% 10
2020s 6.2% -2.8% 9.8% 5

Countries ranked near Rwanda

  1. 13 Georgia 7.5% compare
  2. 14 Benin 7.5% compare
  3. 15 Cape Verde 7.2% compare
  4. 16 Nauru 7.2% compare
  5. 18 Armenia 7.2% compare
  6. 19 Djibouti 7.0% compare

See the full ranking of 198 places →

More economy & growth data for Rwanda

All data for Rwanda →

Frequently asked questions

What is annual gdp growth in Rwanda?
Annual gdp growth in Rwanda was 7.2% in 2024, according to International Monetary Fund (2026) – with minor processing by Our World in Data.
What is the highest annual gdp growth recorded in Rwanda?
The highest recorded value was 24.5% in 1995.
What is the lowest annual gdp growth recorded in Rwanda?
The lowest recorded value was -41.9% in 1994.
How does Rwanda rank for annual gdp growth?
Rwanda ranks 16th out of 196 countries with data for 2024.
Is annual gdp growth rising or falling in Rwanda?
Over the last ten years it is up 27.3%. The long-run trend across the full record is volatile.
Where does this Rwanda data come from?
The figures come from International Monetary Fund (2026) – with minor processing by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.

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About this data

Indicator
Annual GDP growth
Unit
%
Source
International Monetary Fund (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
198 places, 8,084 data points, 1980–2026
Last refreshed

Annual percent change in gross domestic product. This data is adjusted for inflation.