Industry in Belarus

Belarus Industry | Economic News & Forecasts

Belarus - Industry

Industrial output records quickest growth since February 2018 in January

Industrial production expanded 8.5% year-on-year in January (December: -0.7% yoy). The print marked the best result since February 2018. The uptick came on a favorable base effect, amid higher manufacturing and energy output.

Meanwhile, the trend improved notably, with the annual average variation of industrial production coming in at plus 0.5% in January, contrasting December's minus 0.7%.

FocusEconomics panelists project that industrial production will increase 1.2% in 2021, which is up 0.2 percentage points from last month’s projection. In 2022, industrial output is seen increasing 2.9%.

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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