Latest reading: Industrial production was up 4.7% on a year-on-year basis in June, following a 5.5% increase in the previous...
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 6.5 | -5.4 | 7.7 | 5.4 | -1.8 |
Industrial production shrinks more slowly in June
Latest reading: Industrial production was down 0.7% in annual terms in June, following a 1.4% drop in the prior month. June's reading was the strongest since July 2025. Relative to the previous month's figures, readings in June improved for manufacturing (-2.1% on a year-on-year basis vs -3.2% in May), mining and quarrying (+2.6% vs +2.5% in May) and water supply, sewerage, waste management and remediation activities (+1.4% vs +1.1% in May). In contrast, the reading for electricity, gas, steam and air conditioning supply worsened in June (+7.9% vs +8.2% in May).
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.
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