Industry in Belarus

Belarus Industry | Economic News & Forecasts

Belarus - Industry

Industrial production plummets to a near three-year low in May

Industrial production shrank 3.3% year-on-year in May, after April’s 2.1% expansion, owing to a deteriorating in the manufacturing, and mining and quarrying sectors. In addition, annual average growth in industrial output dropped to an over two-year-low of 2.4%, from 3.4% the previous month.

FocusEconomics Consensus Forecast panelists project that industrial production will expand 3.8% this year, which is unchanged from last month’s projection. For 2020, panelists expect industrial production to rise 3.5%.

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 Rate2.05-0.36 %Jun 20
Stock Market0.10.0 %Jun 20

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