According to the National Institute of Statistics of Rwanda, the economy grew by 8.1% in the third quarter of 2024.
In Q3 of 2024, GDP growth was 8.1 percent following 9.8 percent in Q2 and 9.7 percent in Q1.
Sector performed as follows: Agriculture increased by 4 percent, Industry increased by 8 percent, and Services increased by 10 percent.
In Q3 of 2024, GDP at current market prices was estimated at Frw 4,806 billion, up from Frw 4,246 billion in Q3 of 2023. Services contributed 49 percent to GDP, agriculture contributed 24% percent while industry contributed 20% percent. Net direct taxes accounted for 7 percent. (End).