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
IFC considers €75.25 million investment in cocoa processor Guan Chong Funds to expand cocoa processing plant in Côte d’Ivoire Project...
Membership grants access to project finance, equity, and risk tools Move supports Horizon 2035 plan to diversify beyond hydrocarbons Equatorial...
Belife Insurance joins Gozem’s Series B round to grow its digital footprint Partnership aims to deliver simple, accessible insurance through...
World Bank opens first resident representation in Malabo, led by economist Juan Diego Alonso. Mandate focuses on inclusive growth, private-sector...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...

Benin Government Says Attempted Coup Against President Talon Has Been Foiled
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.