IIP%20FOR%20April_2026.pdf

INDEX OF INDUSTRIAL PRODUCTION NATIONAL INSTITUTE OF STATISTICS OF RWANDA April , 2026 Published in June, 2026

© NISR 2 Index of Industrial Production (formal activity) January2026 This is the monthly Index of Industrial Production (IIP). Series has been developed by the National Institute of Statistics of Rwanda (NISR) to provide more timely estimates of the broad trends of industrial output. Copyright © 2026 National Institute of Statistics of Rwanda (NISR). Licensed under CC BY 4.0 This Report is produced by the National Institute of Statistics of Rwanda (NISR). Additional information about the Index of Industrial production P .O Box : 6139 Kigali, Rwanda Tel: +250 788 383103 Hotline: 4321 Recommended citation: National Institute of Statistics of Rwanda (NISR), (2026), Index of Industrial Production (IIP) Email: [email protected] © NISR 3 Index of Industrial Production (formal activity) January2026 List of Tables Table 3.1: Growth of sectors and their contributions to annual change ..........................................................................5 Table 1: Index Industrial Production, formal activity, 2024=100 .....................................................................................6 Table 2: Linking factors between old base and new base (linking year = 2024) ............................................................8 Table 3: 2024 Gross Value Added ...................................................................................................................................8 Table 4: Comparison between 2024 and 2017 Gross Value Added .................................................................................9 Table 5: Matching table between Rwanda Products Classification by Activity (RCPA) and International Standard Industrial Classification Revision 4 (ISIC Rev 4) ................................................................................................9 List of Figures Figure 2.1: Index of Industrial Production (formal activity) constant 2024 prices ............................................................5 Table of Contents Monthly Index of Industrial Production – Formal Activity-April 2026 ...........................................................................4

1. Introduction ................................................................................................................................................................4
2. Highlights of IIP: Summary ...........................................................................................................................................4
3. Overview of the total output .......................................................................................................................................5
4. Annexes .......................................................................................................................................................................6
5. Conceptual note on IIP compilation methodology in Rwanda .....................................................................................7 2024 Rebasing ....................................................................................................................................................................7

© NISR 4 Index of Industrial Production (formal activity) January2026 Monthly Index of Industrial Production – Formal Activity- April 2026 1. Introduction The Index of Industrial Production (IIP) is a key economic indicator that measures the short-term industrial performance in terms of production. The IIP has been developed by the National Institute of Statistics of Rwanda (NISR) to provide more timely estimates of trends of industrial output. Over time, the economic structure changes (new industries emerge, some decline, relative sizes shift), keeping an old base year can make the index less relevant, less reflective of current structure, and harder to interpret, see Table 4. It is in this regard, NISR selected 2024 as new base year and re-expressed all historical and current index values relative to that new base year. Users must be cautious when comparing indices before versus after the rebase without adjustment. NISR provided the linking factors, so that users can translate from old and new series.
The report highlights trends for the industrial sector, covering both the general index and sector-specific indices for mining, manufacturing, electricity, and water & waste management. Though this indicator aligns with recommendation from the United Nations Statistical Office (UNSO), it excludes the construction activities due to the constraints of data limitations. 2. Highlights of IIP: Summary In April 2026, the formal sector industrial output increased by 0.7% compared to April 2025, while the annual average growth rate was 6.5%. Activities performed as follows: • Mining and quarrying increased by 5.3% • Manufacturing increased by 5.5% • Electricity increased by 14.8%; and • Water & waste management increased by 14.1%

© NISR 5 Index of Industrial Production (formal activity) January2026 Chart 2.1: Index of Industrial Production (formal activity) constant 2024 prices Source: NISR/ Index of Industrial Production 3. Overview of the total output The output of manufacturing activities increased by 5.5%. The increase in manufacturing activities is due to a 8.3 % increase in manufacturing of food processing, and a 3.0% increase of manufacturing of beverages & tobacco. However, manufacturing of non-metallic mineral products decreased by 16.7% and manufacturing of wood & paper; printing decreased by 3.2%. Table 3.1: Growth of sectors and their contributions to annual change Activity Weights % Changes in April 2026 Contributions to annual change On March 2026 On April 2025 Annual average Mining and quarrying 15.8% -25.4% 5.3% 5.6% 0.5 Manufacturing 68.1% 43.4% 5.5% 5.0% 1.0 Food processing 17.4% 27.1% 8.3% 5.1% 2.1 Wood, paper; and printing 4.3% 70.8% -3.2% 4.7% -0.1 Chemicals, rubber, & plastic products 10.1% 24.4% 1.7% 1.2% 0.1 Non-metallic mineral products 6.0% 51.3% -16.7% 8.9% -1.6 Metal products, machinery & equipment 3.4% 14.7% -0.3% 5.4% 0.0 Furniture and other manufacturing 1.3% -9.7% 2.0% 8.0% 0.1 Electricity 12.8% -18.0% 14.8% 11.2% 2.2 Water & waste management 3.3% -7.3% 14.1% 5.7% 0.2 General Index 100% 4.4% 0.7% 6.5% 0.7 Source: NISR/ Index of Industrial Production 2025 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2026 120 100 120 60 40 20 0

© NISR 6 Index of Industrial Production (formal activity) January2026 6 Annexes Table 1: Index Industrial Production, formal activity, 2024=100 RCPA Economic activities Sep 2024 Oct 2024 Nov 2024 Dec 2024 Jan 2025 Feb 2025 Mar 2025 Apr 2025 May 2025 Jun 2025 Jul 2025 Aug 2025 Sept 2025 Oct 2025 Nov 2025 Dec 2025 Jan 2026 Feb 2026 Mar 2026 Apr 2026 B Mining & quarrying 107 117 137 97 107 103 120 87 87 95 120 95 117 101.3 142.7 102.1 114.7 105.8 122.5 91.4 CA Manufacturing of food 105 94 111 112 92 96 97 118 121 118 100 104 105 105.3 111.1 109.3 93.6 96.4 100.9 128.3 CB Manufacturing of beverages & tobacco 112 105 96 115 110 88 98 93 100 92 94 117 115 114.9 97.6 126.5 115.2 92.4 96.0 95.6 CC Manufacturing of textiles, clothing & leather goods 95 107 68 84 119 91 99 109 100 104 112 67 87 111.3 62.8 91.8 115.9 90.3 104.7 108.8 CD Manufacturing of wood & paper; printing 90 114 68 82 78 97 97 175 112 113 124 92 87 111.9 63.9 81.9 87.4 97.7 99.4 169.8 CE Manufacturing of chemicals, rubber & plastic products 98 119 78 59 62 110 98 119 118 97 121 116 102 125.5 80.3 59.0 63.7 115.7 97.6 121.4 CF Manufacturing of non-metalic mineral products 90 80 95 94 79 116 109 210 93 70 96 147 122 84.1 94.6 99.5 80.8 118.5 115.4 174.6 CG Manufacturing of metal products, machinery & equipment 96 94 89 104 90 112 100 124 109 98 112 124 107 100.2 89.8 102.8 103.7 115.4 107.9 123.8 CH Furniture & other manufacturing 142 124 103 133 104 91 105 90 77 110 78 148 171 120.1 105.2 139.8 104.7 97.1 101.2 91.4 C Manufacturing Total 105 103 87 104 89 93 100 136 107 107 92 110 105 105.0 91.5 109.7 95.7 104.0 100.5 144.0 D Electricity 106 109 102 107 106 100 111 90 105 110 116 119 116 119.2 116.0 121.0 120.8 109.7 126.5 103.8 E Water & waste management 105 108 102 104 108 101 97 92 107 106 110 112 111 111.0 108.4 112.1 111.2 99.5 113.3 105.0   Index of Industrial Production (formal acvtivity) 104 104 97 101 97 99 103 113 106 104 107 111 112 109.9 106.6 109.5 104.7 102.4 108.9 113.7 Source: NISR/ Index of Industrial Production

© NISR 7 Index of Industrial Production (formal activity) January2026 Conceptual note on IIP compilation methodology in Rwanda The Index of Industrial Production (IIP) is a statistical instrument used to monitor the monthly trends in output of industrial activities in Rwanda. It is developed based on a range of short term (monthly) indicators of economic activity. The IIP series were developed since 2017, and the first publication was done in June 2019. In this publication a series from January 2011 have been compiled and availed to the public. Moreover, figures in this publication are the results of the 2024 rebasing exercise explained below in this note. The IIP in this statistical release relates to the activity of businesses in the formal sector in Rwanda, defined as those registered with the tax authorities. The IIP series is entirely consistent with the quarterly estimates of Gross Value Added published by NISR, which still provide the most comprehensive and detailed assessment of economic activity.
2024 Rebasing The National Institute of Statistics of Rwanda finalised new series that are based on the 2024 weights replacing old series based on 2017 weights. The International best practice recommends doing it at least once in five years, but in Rwanda, it is compiled every three years due to the availability of information collected at a higher frequency. The 2020 rebasing could not be carried out due to COVID-19. Note that the growth rates of the published indices are preserved by dividing them by the 2024 linking factors, see Table 2. The IIP is produced based on monthly indicators of the volume of economic activity for eleven Rwanda Classification of Products by Activity (RCPA). These are weighted together based on the gross value added in the reference year for the series (currently, 2024), consistent with the estimates of published value added within the Gross Domestic Product series, see Table 4. The correspondence table between RCPA and ISIC (International Standard Industrial Classification) Revision 4 is shown in Table 5.

© NISR 8 Index of Industrial Production (formal activity) January2026 Table 2: Linking factors between old base and new base (linking year = 2024) Activity Linking factors Mining and quarrying 0.65 Food processing 1.54 Manufacturing of beverages and tobacco 1.58 Manufacturing of textiles, clothing, & leather goods 3.54 Manufacturing of wood and paper; & printing 2.94 Manufacturing of chemicals, rubber & plastic products 2.74 Manufacturing of non-metallic mineral products 1.88 Manufacturing of metal products, machinery & equipment 2.42 Furniture and other manufacturing 1.51 Electricity 1.92 Water and waste management 1.74 General Index 1.76 Source: NISR/ Index of Industrial Production N.B: • The series from 2024 are based on the new weights. • For the years before 2024, the growth rates of old series are preserved by dividing the old series by the above linking factors. Table 3: 2024 Gross Value Added Activity Gross Value Added (RWF, billions) Percentage of total GVA Mining & quarrying 180.2 15.8% Manufacturing of food processing 198.6 17.4% Manufacturing of beverages & tobacco 228.5 20.0% Manufacturing of textiles, clothing & leather goods 64.9 5.7% Manufacturing of wood & paper; printing 49.3 4.3% Manufacturing of chemicals, rubber & plastic products 114.8 10.1% Manufacturing of non-metallic mineral products 68.1 6.0% Manufacturing of metal products, machinery & equipment 38.9 3.4% Furniture & other manufacturing 14.7 1.3% Electricity 146.7 12.8% Water & waste management 37.7 3.3% Total 1142.4 100.0% Source: NISR/ Index of Industrial Production

© NISR 9 Index of Industrial Production (formal activity) January2026 Table 4: Comparison between 2024 and 2017 Gross Value Added Activity 2024 Gross Value Added (RWF, billions) 2017 Gross Value Added (RWF, billions) Change (%) Mining & quarrying 180.2 57.4 213.9% Manufacturing of food processing 198.6 105.8 87.7% Manufacturing of beverages & tobacco 228.5 75.3 203.5% Manufacturing of textiles, clothing & leather goods 64.9 19.9 226.1% Manufacturing of wood & paper; printing 49.3 11.5 328.7% Manufacturing of chemicals, rubber & plastic products 114.8 25.0 359.2% Manufacturing of non-metallic mineral products 68.1 22.4 204.0% Manufacturing of metal products, machinery & equipment 38.9 20.0 94.5% Furniture & other manufacturing 14.7 15.0 -2.0% Electricity 146.7 83.6 75.5% Water & waste management 37.7 6.2 508.1% Total 1142.4 442.1 158.4% Source: NISR/ Index of Industrial Production