Latest reading: Industrial production increased 8.2% on a year-on-year basis in November, following a 7.1% increase in the previous month....
Industrial Production in Belarus
The Belarusian economy recorded an average industrial production growth rate of 1.9% in the decade to 2024. In 2024, industrial production growth was 5.4%. For more industry information, visit our dedicated page.
Belarus Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Belarus from 2014 to 2025.
Source: Macrobond.
Belarus Industry Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -0.7 | 6.5 | -5.4 | 7.7 | 5.4 |
Industrial production shrinks more quickly in November
Latest reading: Industrial production was down 1.7% on a year-on-year basis in November, following a 1.3% drop in the prior month. November's reading was the weakest since February 2023. Relative to the prior month's data, readings in November softened for manufacturing (-2.3% on a year-on-year basis vs -2.0% in October) and electricity, gas, steam and air conditioning supply (+2.0% vs +2.8% in October). In contrast, the reading for water supply, sewerage, waste management and remediation activities improved in November (0.0% vs -0.1% in October). Finally, the variation in mining and quarrying was the same as in the prior month (+2.7% in November and October).
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Belarusian industry projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Belarusian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Belarusian industry projections.
Want to get access to the full dataset of Belarusian industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Poland: Industrial production shrinks in November Latest reading: Industrial production declined 1.1% in annual terms in November, following 3.3% growth in the previous month. November’s reading... -
Belarus: Industrial production shrinks more quickly in November Latest reading: Industrial production was down 1.7% on a year-on-year basis in November, following a 1.3% drop in the prior... -
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