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World / Africa

Rwanda's economy grows 10 percent in 2026 Q1

Published: 16 Jun 2026 - 09:13 pm | Last Updated: 16 Jun 2026 - 09:21 pm
Peninsula

QNA

Kigali: Rwanda's economy expanded by 10 percent in the first quarter of 2026 from a year earlier, driven by strong performances in the industrial, services and agricultural sectors, according to data released by the National Institute of Statistics.

The institute said gross domestic product rose to 6.3 trillion Rwandan francs, up from 5.3 trillion francs in the first quarter of 2025.

The services sector remained the largest contributor to the economy, accounting for 52 percent of output, followed by industry at 24 percent and agriculture at 19 percent.

The industrial sector grew by 13 percent, supported by a 20 percent increase in mining activity, 15 percent growth in manufacturing and an 11 percent rise in construction.

The services sector expanded by 7 percent, driven by growth in trade, transportation, financial services and telecommunications.

The agricultural sector grew by 8 percent, benefiting from improved weather conditions, expanded irrigation systems and continued government support for agricultural production.

The institute noted that the industrial sector's contribution to the economy surpassed that of the agricultural sector for the first time, a sign of the continuing structural transformation of Rwanda's economy.