Strong growth in services and industry drives national output to RWF 5.25 trillion
Rwanda’s economy recorded robust growth of 7.8% in the first quarter of 2025, according to the National Institute of Statistics of Rwanda (NISR). The country’s Gross Domestic Product (GDP) rose to RWF 5.255 trillion, up from RWF 4.486 trillion in the same period last year.
NISR Director General Ivan Murenzi said the growth is a sign of strong economic activity across multiple sectors.
“Such an increase reflects nationwide efforts—from agriculture to industry to services. New projects create jobs, generate income, and strengthen our economy,” he noted.
Services Sector Leads Growth
The services sector contributed the most to GDP at 46%, followed by agriculture (24%) and industry (23%). Other sectors made up the remaining 7%.
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Services grew by 9%, contributing 4.7% to total GDP growth. Highlights include:
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Wholesale and retail trade: +14%
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Transport services: +4%
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Hospitality (hotels & restaurants): +5%
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Information and communication: +19%
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Financial services: +8%
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Public administration: +14%
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Education: +5%
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Health services declined by 1%
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Industrial Sector Sees Solid Gains
Industry expanded by 9%, contributing 1.7% to overall GDP. While mining and quarrying saw a 3% decline, growth was driven by:
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Construction: +13%
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Manufacturing: +7%
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Metal products, machinery, household goods: +22%
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Chemical products and plastics: +15%
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Wood, paper, and printing industries also saw moderate gains
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However, textiles and leather production declined by 4%.
Agriculture Shows Mixed Results
Agriculture grew by 2%, contributing 0.4% to GDP. Exports in the sector rose by 3%, but food crop production declined by 1% due to climate challenges.
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Irish potatoes: +3%
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Cassava: +5%
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Maize: -5%
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Beans: -1%
Finance Minister Dr. Yussuf Murangwa attributed the shortfall to erratic weather patterns.
“The rains were delayed, forcing some farmers to replant crops. We must continue investing in climate adaptation and extension services,” he said.
Positive Outlook for 2025
Looking ahead, Rwanda’s economy is projected to grow by 7.1% in 2025.
“A GDP growth rate above 6% is a strong sign of rising national wealth and improved living standards,” Murenzi added.
The continued investment in services, construction, and industrial development, alongside improvements in agricultural resilience, are expected to sustain this growth trajectory throughout the year.
