Belarus has a state controlled economy where inefficient, government-run businesses from the Soviet era dominate markets and the state spends billions every year on handouts, tariffs and subsidies. On the production side, services are the biggest sector of the economy and account for 46 percent of total GDP of which trade; repair of motor vehicles and household and personal goods account for 13 percent and transport and communications and real estate activities account for 8 percent each. Industry constitutes 37 percent with manufacturing and construction accounting for 23 percent and 10 percent, respectively.
Finally, agriculture adds up to the remaining 7 percent. This page provides - Belarus GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belarus GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2018.