The Gross Domestic Product (GDP) in Rwanda contracted 4.20 percent in the first quarter of 2020 over the previous quarter.
GDP Growth Rate in Rwanda averaged 2.54 percent from 2000 until 2020, reaching an all time high of 13.20 percent in the fourth quarter of 2002 and a record low of -4.20 percent in the first quarter of 2020. This page provides - Rwanda GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Rwanda GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
GDP Growth Rate in Rwanda is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Rwanda to stand at 1.80 in 12 months time. In the long-term, the Rwanda GDP Growth Rate is projected to trend around 2.10 percent in 2021 and 3.00 percent in 2022, according to our econometric models.