Industry Sector Contribution to GDP in Rwanda (1990-2022)

Industry Sector Contribution to GDP in Rwanda (1990-2022)

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TGM StatBox. (2024). Industry Sector Contribution to GDP in Rwanda (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Rwanda
Published date: 2024
Note:

Industry (% of GDP), according to World Development Indicators, measures the contribution of the industrial sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of manufacturing, mining, construction, and utilities, indicating the value generated by industrial activities relative to the overall economy.

Key Takeaways

Rwanda's industry sector has shown modest but steady growth from 1990 to 2022, reflecting the country's economic transformation. In the early 1990s, contributions declined from 24.6% in 1990 to 18.3% in 1993, impacted by political instability and the Rwandan Civil War. The sector rebounded to 21.2% in 1994 but dropped sharply to 16% in 1995, highlighting the economic challenges post-genocide. From the late 1990s, gradual recovery began, with contributions stabilizing around 18% by 1997, driven by reconstruction efforts and small-scale manufacturing.

The 2000s saw slower growth, with contributions to GDP averaging 16.5% until 2010, as agriculture remained dominant. However, a shift occurred in the 2010s, with industrial output increasing to 18.2% by 2011, supported by investments in construction and energy. By 2022, the sector's share reached 21.2%, reflecting the impact of infrastructure development and mining expansion. This steady growth underscores Rwanda's progress in industrialization, with a focus on diversifying its economy while addressing historical challenges.

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