Rwanda - Industry, value added (% of GDP)

Industry, value added (% of GDP) in Rwanda was 19.33 as of 2020. Its highest value over the past 55 years was 24.62 in 1990, while its lowest value was 6.77 in 1966.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1965 6.85
1966 6.77
1967 9.75
1968 9.49
1969 9.39
1970 8.59
1971 8.68
1972 9.43
1973 8.73
1974 9.21
1975 18.97
1976 18.89
1977 21.21
1978 22.12
1979 18.74
1980 21.55
1981 20.79
1982 21.73
1983 24.08
1984 23.24
1985 22.69
1986 23.08
1987 17.83
1988 17.14
1989 17.42
1990 24.62
1991 20.94
1992 18.70
1993 18.33
1994 21.17
1995 15.97
1996 18.09
1997 18.61
1998 18.70
1999 18.33
2000 16.79
2001 16.41
2002 16.36
2003 14.27
2004 14.57
2005 14.93
2006 15.81
2007 16.71
2008 16.25
2009 15.67
2010 16.31
2011 18.15
2012 18.21
2013 17.60
2014 17.54
2015 17.43
2016 16.82
2017 17.28
2018 17.34
2019 18.87
2020 19.33

Limitations and Exceptions: Ideally, industrial output should be measured through regular censuses and surveys of firms. But in most developing countries such surveys are infrequent, so earlier survey results must be extrapolated using an appropriate indicator. The choice of sampling unit, which may be the enterprise (where responses may be based on financial records) or the establishment (where production units may be recorded separately), also affects the quality of the data. Moreover, much industrial production is organized in unincorporated or owner-operated ventures that are not captured by surveys aimed at the formal sector. Even in large industries, where regular surveys are more likely, evasion of excise and other taxes and nondisclosure of income lower the estimates of value added. Such problems become more acute as countries move from state control of industry to private enterprise, because new firms and growing numbers of established firms fail to report. In accordance with the System of National Accounts, output should include all such unreported activity as well as the value of illegal activities and other unrecorded, informal, or small-scale operations. Data on these activities need to be collected using techniques other than conventional surveys of firms.

Statistical Concept and Methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts