The central product classification in Rwanda is based on the Rwandan Standard Industrial Classification (RSIC). RSIC provides a systematic framework for categorizing and classifying products produced in Rwanda. It is divided into different sections, divisions, groups, and classes.
RSIC classifies products according to their economic activity, enabling easy comparison of statistics, analysis of economic sectors, and monitoring of industrial development. The central product classification covers a broad range of sectors including agriculture, manufacturing, construction, mining, electricity, water supply, transportation, communication, trade, finance, education, health, and many more.
This classification system plays a vital role in organizing and analyzing economic data, supporting policymaking, strategic planning, investment decisions, and monitoring the progress of various industries in Rwanda. It provides a standardized and harmonized approach to understanding the structure and composition of Rwanda's economy.
Summarize the central product classification in Rwanda
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