Industry in Belarus

Belarus Industry | Economic News & Forecasts

Belarus - Industry

Industrial output growth edges up in November

Industrial production expanded 3.1% year-on-year in November, up from 2.8% in October. Meanwhile, annual average industrial production fell to 5.9% in November, from 6.2% in the previous month.

Industrial production rose 6.1% year-on-year in the January–November period (January–October: +6.4% year-on-year). The print reflected robust growth in the manufacturing sector, which rose 6.2% in annual terms, down from the 6.4% increase logged in the previous month. In addition, electricity, gas, steam, hot water and air conditioning supply increased 7.1% year-on-year in the same period.

FocusEconomics Consensus Forecast panelists project that industrial production will expand 4.3% in 2019, which is down 0.5 percentage points from last month’s projection. For 2020, panelists expect industrial production to rise 4.0%.

Belarus - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-4.9  2.0  -6.6  -0.4  6.1  

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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

Exchange Rate2.12-0.36 %Dec 14
Stock Market0.10.0 %Dec 10

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