Industry in Belarus

Belarus Industry | Economic News & Forecasts

Belarus - Industry

Industrial production recovers in November

Industrial production rose 1.7% on an annual basis in November, rebounding from the 0.3% slip logged in October. The upturn was driven by a healthy rise in manufacturing output and a strong expansion of the water supply sector. A contraction in both the mining and quarrying, and the utilities supply sectors, however, weighed on the headline figure.

Lastly, annual average growth in industrial production ticked down to 0.8% in November from 0.9% in October.

FocusEconomics Consensus Forecast panelists project that industrial production will expand 2.7% in 2020, which is down 0.4 percentage points from last month’s projection. For 2021, panelists expect industrial production to rise 2.8%.

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

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

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