Rwanda experienced significant inflationary pressures during the 1990s due to political instability and the aftermath of the 1994 genocide. Inflation peaked at 56.0% in 1995 but decreased to 13.2% in 1996 as reconstruction efforts stabilized the economy. Inflation was brought under control in subsequent years, with deflation of -2.4% in 1999 reflecting improved fiscal management.
More recently, inflation rose to 13.9% in 2022 and 14.0% in 2023, driven by global supply chain disruptions and energy price shocks. Projections suggest stabilization at 5.0% from 2026 onward, supported by Rwanda's robust economic policies and regional trade integration.
Discover additional trends and data on Rwanda’s population growth rate, Rwanda’s mortality rate, Rwanda’s net ODA overview.