Industrial production in Belarus decreased 3.8 percent year-on-year in January to April 2020.

Industrial Production in Belarus averaged 2.49 percent from 2009 until 2020, reaching an all time high of 12.70 percent in April of 2011 and a record low of -7.70 percent in May of 2015. This page provides the latest reported value for - Belarus Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belarus Industrial Production - values, historical data and charts - was last updated on June of 2020.

Industrial Production in Belarus is expected to be -6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Belarus to stand at 2.60 in 12 months time. In the long-term, the Belarus Industrial Production is projected to trend around 8.00 percent in 2021 and 4.00 percent in 2022, according to our econometric models.

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Belarus Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-3.80 -2.70 12.70 -7.70 2009 - 2020 percent Monthly
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Belarus Industrial Production
In Belarus, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 88 percent of total production. The biggest segments within manufacturing are: food beverages and tobacco (around 27 percent); coke and refined petroleum products (19 percent); chemicals (13 percent); machinery and equipment (8 percent); and metallurgy (7 percent). Electricity and gas supply accounts for 10.5 percent of total output, and mining and quarrying for 1.4 percent.