Industrial Production, constant US$ in Rwanda

Rwanda: Industrial Production, constant US$ was 2.27 billion in 2023. ▲ Rising

Latest (2023)
2.27 billion
Change on year
up 2.9%
World rank
84th
of 89 countries
All-time high
2.27 billion
in 2023
All-time low
808.97 million
in 2011
Years of data
13
2011–2023

Industrial Production, constant US$ in Rwanda, 2011–2023

0500.0M1.0B1.5B2.0B2.5B2011201720232011: 809.0M2012: 882.9M2013: 947.6M2014: 1.1B2015: 1.2B2016: 1.3B2017: 1.4B2018: 1.7B2019: 1.8B2020: 1.7B2021: 2.0B2022: 2.2B2023: 2.3B

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for industrial production, constant us$ in Rwanda is 2.27 billion, measured in 2023. That is the highest value across all 13 years on record.

That represents a change of up 2.9% on the previous year and up 139.9% over ten years.

Over the whole period, industrial production, constant us$ in Rwanda peaked at 2.27 billion in 2023 and was at its lowest, 808.97 million, in 2011.

That places Rwanda 84th out of 89 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 13 years of available data.

Industrial Production, constant US$ in Rwanda, year by year

Annual values for Industrial Production, constant US$ in Rwanda, 2011 to 2023.
Year Value Change
2011 808.97 million —
2012 882.86 million +9.1%
2013 947.58 million +7.3%
2014 1.09 billion +15.5%
2015 1.16 billion +5.6%
2016 1.26 billion +8.7%
2017 1.41 billion +12.3%
2018 1.65 billion +16.9%
2019 1.82 billion +10.5%
2020 1.72 billion -5.7%
2021 1.99 billion +15.8%
2022 2.21 billion +10.9%
2023 2.27 billion +2.9%

Rwanda compared with similar countries

  • Rwanda's 2.27 billion is below the median for Sub-Saharan Africa, which is 4.39 billion, 52% of the median. (8 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.23 billion 808.97 million 1.82 billion 9
2020s 2.05 billion 1.72 billion 2.27 billion 4

Countries ranked near Rwanda

  1. 81 North Macedonia 2.95 billion compare
  2. 82 Moldova 2.54 billion compare
  3. 83 Nicaragua 2.29 billion compare
  4. 85 Malta 2.10 billion compare
  5. 86 Malawi 1.46 billion compare
  6. 87 Barbados 419.24 million

See the full ranking of 99 places →

More reference data data for Rwanda

All data for Rwanda →

Frequently asked questions

What is industrial production, constant us$ in Rwanda?
Industrial production, constant us$ in Rwanda was 2.27 billion in 2023, according to World Bank staff calculations based on Datastream data.
What is the highest industrial production, constant us$ recorded in Rwanda?
The highest recorded value was 2.27 billion in 2023.
What is the lowest industrial production, constant us$ recorded in Rwanda?
The lowest recorded value was 808.97 million in 2011.
How does Rwanda rank for industrial production, constant us$?
Rwanda ranks 84th out of 89 countries with data for 2023.
Is industrial production, constant us$ rising or falling in Rwanda?
Over the last ten years it is up 139.9%. The long-run trend across the full record is rising.
Where does this Rwanda data come from?
The figures come from World Bank staff calculations based on Datastream data, published as part of Industrial Production, constant US$. Statizoid updates them automatically from the source API.

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Industrial Production, constant US$ in Rwanda. Statizoid, drawing on World Bank staff calculations based on Datastream data. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/industrial-production-constant-us/rwanda/

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About this data

Indicator
Industrial Production, constant US$
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
99 places, 2,668 data points, 1991–2025
Last refreshed

An economic indicator that measures changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Data is in constant US$, and not seasonally adjusted. The base year is 2005.