Industry in Belarus

Belarus Industry | Economic News & Forecasts

Belarus - Industry

Industrial output grows at quickest pace since May 2021 in January

Industrial output expanded 7.2% year-on-year in January (December: +4.3% yoy). The result marked the best result since May 2021. The notable upturn was primarily driven by a pickup in manufacturing and mining and quarrying production.

Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 6.4%, down from December's 6.5%.

FocusEconomics panelists project that industrial production will decrease 0.8% in 2022, which is up 1.9 percentage points from last month’s projection. In 2023, industrial output is seen increasing 2.7%.

Belarus - Industry Data

2015   2016   2017   2018   2019  
Industrial Production (annual variation in %)-6.6  -0.4  6.1  5.7  1.0  

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Belarus Industry Chart

Belarus Industry
Note: Industrial production, annual variation in %.
Source: National Statistical Committee of the Republic of Belarus (BELSTAT).

Belarus Facts

Value Change Date
Exchange Rate2.10-0.36 %Dec 31
Stock Market0.10.0 %Jan 07

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