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Rwanda’s Third Quarter 2025 GDP Grows 11.8% to Rwf 5.525 Trillion
Rwanda’s Gross Domestic Product (GDP) grew by 11.8 percent in the third quarter of 2025, reaching Rwf 5,525 billion, up from Rwf 4,659 billion recorded during the same period in 2024, according to data released by the National Institute of Statistics of Rwanda (NISR).
This strong performance represents a continued upward trend in economic growth, following 7.8 percent growth in the second quarter of 2025 and 6.5 percent growth in the first quarter, highlighting sustained recovery and expansion across key sectors of the economy.
The services sector remained the main driver of economic growth, accounting for 57 percent of total GDP. The sector grew by 10 percent and contributed 5.5 percentage points to overall GDP growth. Growth in services was mainly supported by strong performance in wholesale and retail trade, which expanded by 20 percent, transport services which grew by 9 percent, information and communication services which increased by 17 percent, and financial services which recorded 10 percent growth.
However, hotels and restaurants declined by 3 percent, while health services contracted by 16 percent. Public administration services grew by 7 percent, while education services expanded by 5 percent.
The industrial sector registered a robust growth of 17 percent, contributing 3.7 percentage points to GDP growth and accounting for 22 percent of the economy. This growth was driven by increased activity in construction, which expanded by 20 percent, mining and quarrying which grew by 14 percent, and manufacturing which increased by 14 percent.
Manufacturing growth was largely supported by a sharp rise in cement production, which surged by 44 percent, alongside growth in metal products at 28 percent, chemical products at 25 percent, and food processing at 12 percent.
The agriculture sector recorded a 10 percent growth rate, contributing 1.5 percentage points to overall GDP growth and representing 15 percent of total economic output. Growth within the sector was supported by a 4 percent increase in food crop production, a significant 35 percent rise in export crops, 6 percent growth in livestock production, and a 34 percent expansion in fishing activities.
In addition, taxes on products contributed 6 percent to GDP, reinforcing government revenue performance during the quarter.
NISR noted that the strong economic performance in the third quarter of 2025 reflects broad-based growth across Rwanda’s economy, driven by improved productivity in agriculture, expanding industrial activity, and sustained growth in the services sector.
