Rwanda’s Economy Grows 9.4% as GDP Rises to Frw7.174 Billion
Rwanda’s economy grew by 9.4 percent in the second quarter of 2026, with Gross Domestic Product (GDP) rising sharply to Frw7.174 billion from Frw5.799 billion recorded in the same quarter of 2025, according to the National Institute of Statistics of Rwanda (NISR).
The strong economic performance was recorded despite a challenging international environment marked by insecurity and geopolitical conflicts in the Middle East, which have continued to create uncertainty across global markets and economies.
According to NISR, the growth was driven largely by continued strong performance in the construction sector, which in turn increased demand for construction materials produced locally.
The expansion of construction activity contributed to increased economic production and strengthened demand across related industries, supporting the overall growth recorded during the quarter.
The rise in GDP from Frw5.799 billion in the second quarter of 2025 to Frw7.174 billion in the second quarter of 2026 represents an increase of Frw1.375 billion within one year, highlighting the scale of economic expansion recorded during the period.
Services remained the largest contributor to Rwanda’s economic output, accounting for 51 percent of GDP during the second quarter. The sector continues to occupy a central position in the national economy, supported by a wide range of commercial and service-related activities.
Industry contributed 23 percent of GDP, with construction playing a particularly important role in the quarter’s economic performance. The sector’s continued expansion also helped stimulate demand for locally manufactured construction materials.
Agriculture accounted for 21 percent of total GDP, maintaining its significant contribution to Rwanda’s economy and livelihoods. The sector remains an important pillar of national production alongside services and industry.
Taxes on products and other services made up the remaining five percent of GDP.
The latest figures show that Rwanda maintained strong domestic economic activity despite external pressures that have affected the global economic environment. The continued strength of construction, combined with demand for locally produced materials, provided important momentum to the economy during the quarter.
The 9.4 percent growth also underscores the contribution of Rwanda’s major productive sectors to national output, with services, industry and agriculture collectively accounting for the vast majority of economic activity..
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