Rwanda’s economic system, measured by gross home product (GDP) at present market costs, elevated to Rwf6,346 billion within the first quarter of 2026, up 10 per cent from Rwf5,276 billion recorded in the identical interval in 2025.
The expansion was pushed by robust efficiency throughout key sectors, with agriculture growing by 8 per cent, business by 13 per cent, and companies by 7 per cent, in keeping with figures introduced on June 16 by the Ministry of Finance and Financial Planning (MINECOFIN) and the Nationwide Institute of Statistics of Rwanda (NISR).
ALSO READ: Rwanda’s economic system beats expectations, expands 9.4% in 2025
The companies sector remained the biggest contributor to the economic system, accounting for 52 per cent adopted by business at 24 per cent and agriculture at 19 per cent. Web oblique taxes accounted for five per cent.
“The economic system grew by 11.8% within the third quarter of 2025 and 11.2% within the fourth quarter, demonstrating that it had already gained important momentum. It’s due to this fact not shocking that this momentum continued,” mentioned the Minister of Finance and Financial Planning, Yusuf Murangwa.
He famous that when an economic system builds robust momentum from sustained development, subsequent quarters are prone to keep the same trajectory, offered there aren’t any main disruptions or hostile shocks.
“The primary quarter covers January, February and March, whereas the battle within the Center East started towards the tip of February. Because of this, we don’t anticipate its results to be considerably mirrored within the first-quarter figures,” he mentioned.
He added that the impression of the battle is predicted to develop into extra obvious within the second quarter, when its results may have had extra time to filter by means of the economic system.
ALSO READ: IMF cuts Rwanda’s development forecast to six.8% amid Center East battle
Inside the agriculture sector, meals crop manufacturing elevated by 3 per cent, whereas export crops recorded a robust improve of 39 per cent.
Murangwa defined that whereas agriculture’s share of GDP has declined, its precise worth has continued to develop.
Inside the business sector, mining and quarrying rose by 20 per cent, building elevated by 11 per cent, and manufacturing expanded by 15 per cent.
Manufacturing efficiency was pushed by robust positive factors in metallic merchandise, equipment and gear, which grew by 52 per cent, and non-metallic mineral merchandise, which elevated by 57 per cent.
Different will increase had been recorded in chemical compounds, rubber and plastics, which grew by 21 per cent, and wooden, paper and printing, which grew by 22 per cent, whereas furnishings and different manufacturing actions decreased by 6 per cent.
Within the companies sector, wholesale and retail commerce, in addition to transport companies, each elevated by 11 per cent. Data and communication companies rose by 22 per cent, monetary companies grew by 11 per cent, and administration and help companies elevated by 20 per cent.
Alternatively, some companies sub-sectors recorded declines, together with motels and eating places, which fell by 16 per cent, public administration by 1 per cent, and well being companies by 18 per cent.
