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. 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 highlights of IIP for August 2025 are given below. 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.