The Headline
Rwanda's economy grew 9.4% in the second quarter of 2026 compared with the same quarter of 2025, the National Institute of Statistics of Rwanda (NISR) reported on 15 September. GDP at current prices reached RWF 7,174 billion, up from RWF 5,799 billion a year earlier.
Construction Leads
- Industry grew 18% and added 3.9 percentage points to growth.
- Construction grew 24%.
- Mining and quarrying grew 26%.
- Manufacturing grew 10%, with non-metallic mineral products, the category that includes cement, up 22% and metal products, machinery and equipment up 51%.
- Services grew 7% and agriculture 4%.
Investment in buildings, equipment and other assets made up 25% of GDP.
Growth Alongside Inflation
The strong quarter sits beside inflation of 15.7% in August and a central bank rate raised three times this year, to 8.75%. GDP at current prices rose about 24% on the year, far faster than the real 9.4%, and the gap is rising prices.
What It Means for Property
A 24% jump in construction means more building: more supply on the way, and more demand for materials, labour and serviced land. Where that supply lands matters more than the national total. Compare prices across all 30 districts with the market tools and follow individual places on the area pages.