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
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for intra-African trade businesses Initiative aims...
IMF approves reviews of Seychelles’ reform programs, unlocking $45 million Total disbursements since 2023 to reach about $105.1...
Cemac developing system to track informal cross-border trade data Regional workshop trains experts on mapping flows and estimating...
Nigerian insurers Guinea, Sovereign Trust seek 10.8bn naira capital Guinea launches rights issue; Sovereign Trust awaits NGX approval Raises aim meet...
Most Read
01

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
02

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
03

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
04

This week, Africa is facing a mixed health situation. Namibia has declared an end to its mpox outbre...

Weekly Health Update | Namibia Ends Mpox Outbreak; Nigeria Faces Seasonal Lassa Fever Surge
05

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
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.