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Rwanda Inflation Rate

Consumer price inflation, annual %  FP.CPI.TOTL.ZG

Rwanda's inflation rate was 7.00% in 2025, ranked 37th globally. This represents a 295.4% increase from 2024. Data from World Bank, covering 1967–2025.

7.00% +5.23pp (+295.4%)
Year 2025 Rank #37 Global Peak 55.97% (1995) Source World Bank

Rwanda Inflation Rate (1967–2025)

Overview

Rwanda's inflation rate stood at 7.00% in 2025, a rise of +5.23pp from 2024. The IMF projects 7.00% by 2025. Rwanda ranked 37th globally.

Rwanda's inflation rate has experienced significant fluctuations over the past 59 years, with the country witnessing both extremely high and low rates. At its peak in 1995, inflation surged to 55.97%, largely due to the country's economic instability following the 1994 genocide. Conversely, in 1999, Rwanda achieved an impressive deflation rate of -2.41%, indicating a period of economic recovery. In recent years, the country has maintained a moderate inflation rate, with the latest figure standing at 7.00%, ranking 37th globally. This rate is comparable to that of Belarus, which shares a similar ranking of 7.01%. Rwanda's inflation rate has generally trended downwards since the mid-1990s, but a sustained increase in global commodity prices or a sharp depreciation of the Rwandan franc could potentially alter this trajectory and push inflation upwards in the coming years.

Data & projection

Year Inflation Rate YoY change Rank
2030* IMF 5.00% - -
2029* IMF 5.00% - -
2028* IMF 5.00% - -
2027* IMF 5.00% - -
2026* IMF 4.68% - -
2025* IMF 7.00% - -
2025 7.00% +5.23pp #37
2024 1.77% −12.26pp #51
2023 19.79% +5.91pp #174
2022 17.69% +16.86pp #169
2021 -0.39% −8.12pp #3
2020 9.85% +7.43pp #174
2019 3.35% +1.99pp #135
2018 -0.31% −5.13pp #4
2017 8.28% +2.56pp #173
2016 7.17% +4.64pp #167
2015 2.53% +0.76pp #117
2014 2.35% −1.86pp #103
2013 5.92% −0.36pp #157
2012 10.27% +4.61pp #179
2011 3.08% +0.76pp #48
Show all years (1967-2025)
* IMF World Economic Outlook projection

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 19.8% Rate 16.1% Gap -3.7pp Reserves YoY +6.3%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Rwanda matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw inflation rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Rwanda's inflation rate?▾

Rwanda's inflation rate was 7.00% in 2025. Ranked 37th globally. This represents a 295.4% increase from the previous year.

What was the highest inflation rate in Rwanda?▾

Rwanda's inflation rate peaked at 55.97% in 1995.

What was the lowest inflation rate in Rwanda?▾

The lowest inflation rate in Rwanda was -2.41% in 1999.

How does Rwanda rank in inflation rate?▾

Rwanda ranks 37th globally in inflation rate as of 2025.

What is the World Bank indicator code for inflation rate?▾

The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.

What is the projected inflation rate of Rwanda in 2025?▾

Rwanda's inflation rate is projected to reach 7.00% by 2025 based on IMF projection.

What is the inflation rate of Rwanda in 2025?▾

The inflation rate of Rwanda in 2025 was 7.00%. This ranks 37th in the world.

Cite this page

APA
Rwanda Inflation Rate. HistorySaid. Retrieved November 13, 2026, from https://historysaid.com/rwanda/inflation-rate/
BibTeX
@misc{historysaid_rwanda_inflation-rate, title = {Rwanda Inflation Rate}, url = {https://historysaid.com/rwanda/inflation-rate/}, publisher = {HistorySaid}, year = {2026} }
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