FX.co ★ Rwanda GDP Grows 11.2% in Q4, 9.4% in 2025

Rwanda’s economy grew by 11.2% year-on-year in the fourth quarter of 2025, slightly below the 11.8% expansion recorded in the previous quarter. Growth was driven primarily by the services sector, which rose by 8%, supported by strong performances in wholesale and retail trade (up 15%), transport (up 13%), and information and communication (up 20%).

Agriculture also expanded by 8%, reflecting higher food crop production (up 4%) and a sharp increase in export crop output (up 42%). The industrial sector posted robust growth of 16%, underpinned by significant gains in mining and quarrying (up 44%), construction (up 17%), and manufacturing (up 11%).

For the full year, Rwanda’s economy expanded by 9.4%, marking its fastest annual growth rate in four years. On a quarterly basis, the economy rebounded strongly, rising 20% after an 8.1% contraction in the previous quarter.