Belarus GDP Annual Growth Rate  2011-2017 | Data | Chart | Calendar

The economy of Belarus expanded 0.3 percent year-on-year in the first quarter of 2017, following a 1.9 percent contraction in the previous period, a preliminary estimate showed. GDP Annual Growth Rate in Belarus averaged 0.63 percent from 2011 until 2017, reaching an all time high of 11.05 percent in the second quarter of 2011 and a record low of -4.40 percent in the fourth quarter of 2015.

Belarus GDP Annual Growth Rate
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Belarus GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 0.30 -1.90 11.05 -4.40 percent [+]
GDP 47.43 56.45 78.81 12.14 USD Billion [+]
GDP Constant Prices 17436.90 19489.80 19972.10 17359.00 BYN Billion [+]
Gross Fixed Capital Formation 3540.00 6079.20 6079.20 3540.00 BYN Billion [+]
GDP per capita 6218.74 6399.74 6665.19 2025.03 USD [+]
GDP per capita PPP 16742.26 17229.55 17944.21 5451.83 USD [+]
GDP From Agriculture 5107.90 5441.20 32095.30 795.10 BYR Billion [+]
GDP From Construction 14731.50 11419.80 25491.40 2349.70 BYR Billion [+]
GDP From Manufacturing 48167.70 41810.60 51783.50 7470.70 BYR Billion [+]
GDP From Mining 1485.50 1046.40 1875.20 124.00 BYR Billion [+]
GDP From Public Administration 8529.50 7543.90 8700.50 1191.30 BYR Billion [+]
GDP From Transport 13776.60 13197.30 18026.10 2423.60 BYR Billion [+]
GDP From Utilities 9839.20 8991.50 9839.20 865.70 BYR Billion [+]


Belarus GDP Annual Growth Rate Notes

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 July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 -1.90 11.05 -4.40 2011 - 2017 percent Quarterly



gdp annual growth rate by Country

Last
China 6.90 Jun/17
India 6.10 Mar/17
Indonesia 5.01 Mar/17
Turkey 5.00 Mar/17
Netherlands 3.20 Mar/17
Spain 3.00 Mar/17
Mexico 2.80 Mar/17
South Korea 2.70 Jun/17
Canada 2.30 Mar/17
United States 2.10 Mar/17
Euro Area 1.90 Mar/17
Australia 1.70 Mar/17
Germany 1.70 Mar/17
United Kingdom 1.70 Jun/17
Japan 1.30 Mar/17
Italy 1.20 Mar/17
France 1.10 Mar/17
Switzerland 1.10 Mar/17
Russia 0.50 Mar/17
Brazil -0.40 Mar/17