Economy · Nominal GDP · Rwanda
Rwanda’s nominal GDP rose to $16.4bn in 2025.
$16.4bn
2025
Up $1.3bn from 2024.
Updated 8 Oct 2026
In plain words
$16.4bn
What it is. Nominal GDP adds up the market value of everything produced inside Rwanda in a year, priced in current US dollars. Because it is converted at the going exchange rate and uses current prices, it moves with real output, with inflation and with the strength of the Rwandan franc against the dollar. It says nothing about how the income is shared or about unpaid work and informal activity that never reaches official accounts.
Higher is better. A larger figure means a bigger economy in dollar terms, which gives the country more capacity to pay for imports, service foreign debt and fund public spending. The latest figure, for 2025, is $16.4bn, up from $15.1bn a year earlier, a rise of $1.3bn or 8.3%. Since 2016 the low was $8.6bn, so output measured in dollars is now close to double its starting level. The 2025 reading is also the highest in that span.
Why it matters. For households, a larger economy in dollar terms usually means more room for wages, jobs and public services, though the figure on its own does not show who benefits. For firms, it points to a bigger domestic market and a stronger base for borrowing in foreign currency. For the state, a $16.4bn economy widens the tax base against which external debt and budget deficits are measured.
| Period | Nominal GDP · Rwanda |
|---|---|
| 2016 | $8.6bn |
| 2017 | $9.2bn |
| 2018 | $9.7bn |
| 2019 | $10.5bn |
| 2020 | $10.5bn |
| 2021 | $11.3bn |
| 2022 | $13.7bn |
| 2023 | $14.8bn |
| 2024 | $15.1bn |
| 2025 | $16.4bn |
Source: World Bank, World Development Indicators (CC BY 4.0) · Licence: CC BY 4.0
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Strata-AF™ Data, Nominal GDP, Rwanda, 2025; source World Bank, World Development Indicators (CC BY 4.0), retrieved 8 Oct 2026; https://data.strata-af.com/economy/nominal-gdp/rwanda
Data insights · Worked out from the published figures
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Methodology
Gross domestic product at current US dollars. Unit: USD bn.
Source: World Bank, World Development Indicators (series NY.GDP.MKTP.CD), retrieved through the World Bank API and published under CC BY 4.0. Updated annually; the World Bank's own source notes apply.