News Finances

Rwanda GDP Growth Reaches 7.8% in Q2 2025

Rwanda GDP Growth Reaches 7.8% in Q2 2025
Friday, 19 September 2025 15:23
  • Rwanda’s GDP grew 7.8% in Q2 2025, up from 6.5% in Q1, driven mainly by services (50% of output).

  • A GDP rebasing to 2024 raised the country’s economic size by 6% to 19,981 billion FRw ($13.7 billion).

  • Growth persists despite regional tensions with the DRC that have disrupted several partnerships.

Rwanda’s economy expanded by 7.8% in the second quarter of 2025, compared with 6.5% in the previous quarter, the Finance Ministry said, citing data from the National Institute of Statistics of Rwanda. Quarter-on-quarter growth reached 1.3%.

According to the ministry’s statement on September 17, services accounted for 50% of output, followed by agriculture at 23% and industry at 21%. Direct net taxes contributed the remaining 5%.

The strong performance followed a recent rebasing of gross domestic product to the new base year 2024. The revision increased Rwanda’s GDP for that year by 6% to 19,981 billion FRw ($13.7 billion), up from the previously reported 18,785 billion FRw.

Finance and Economic Planning Minister Yusuf Murangwa said the rebasing, normally conducted every three years, was delayed in 2020 due to the Covid-19 pandemic.

“The rebasing to a 2024 base year ensures our estimates are grounded in comprehensive and current economic data, enhancing evidence-based planning and investment,” Murangwa said.

The growth came despite regional headwinds. Rwanda faces strained diplomatic relations with the Democratic Republic of Congo, which have led to the suspension of several partnerships.

At current market prices, Rwanda’s GDP in Q2 2025 reached 5,798 billion FRw, up from 4,979 billion FRw a year earlier, official data showed.

This article was initially published in French by Ingrid Haffiny (intern)

Adapted in English by Ange Jason Quenum

On the same topic
Standard Bank arranged a $250m facility to fund Aradel Energy’s expansion and acquisition plans. The deal allows Aradel to raise its stake in ND...
Cameroon ratifies AfDB loans worth 89 billion CFA francs Funding backs CAP2E youth employment project in the Far North Project targets training, jobs,...
Cameroon ratifies AfDB loans worth 89 billion CFA francs Funding backs CAP2E youth employment project in the Far North Project targets training, jobs,...
Burkina Faso adopts 2026-2030 Recovery Plan guiding economic and social policy Five-year plan mandated by law, replacing previous national development...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

Urban employment reached 53.7% in WAEMU in early 2025 Most jobs remain informal, low-paid, and in...

WAEMU employment tops 50% in 2025, but job quality remains weak
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.