Belarus GDP Annual Growth Rate  2011-2016 | Data | Chart | Calendar

The economy of Belarus shrank 3.60 percent year-on-year in the first quarter of 2016, compared to 2.0 percent contraction in the same period a year ago. Manufacturing production decreased 4.4 percent, retail and wholesale trade went down 3.0 percent, transportation fell 1.4 percent, construction declined 23.6 percent and mining output edged down 0.3 percent. In contrast, agriculture, forestry and fishing sector expanded 1.7 percent and electricity, gas, steam and air conditioning supply advanced 0.5 percent. GDP Annual Growth Rate in Belarus averaged 1.08 percent from 2011 until 2016, reaching an all time high of 11.05 percent in the second quarter of 2011 and a record low of -4.50 percent in the second quarter of 2015. GDP Annual Growth Rate in Belarus is reported by the National Statistical Committee of the Republic of Belarus.

Belarus GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-3.60 -3.90 11.05 -4.50 2011 - 2016 percent Quarterly
To foster growth, Belarus’ economic structure has started focusing on energy efficiency and diversifying export in recent years. Belarus has traditionally excelled at heavy industry and is one of the world’s largest suppliers of mining and quarrying vehicles. 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 accounts for 37 percent, as manufacturing and construction account for 23 percent and 10 percent, respectively; agriculture contributes with 7 percent to GDP. While on the expenditure side, household consumption is the main component of GDP and accounts for 50 percent of its total use, followed by gross fixed capital formation (38 percent) and government expenditure (14 percent). Net exports of goods and services subtracts 3 percent of total GDP. 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 May of 2016.


Belarus GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -3.60 -3.90 11.05 -4.50 percent [+]
GDP 76.14 73.10 76.14 12.14 USD Billion [+]
GDP Constant Prices 37140.80 42567.30 44637.00 30489.40 BYR Billion [+]
Gross Fixed Capital Formation 16924.10 12727.00 20468.40 9065.60 BYR Billion [+]
GDP per capita 4998.28 4922.24 4998.28 1519.88 USD [+]
GDP per capita PPP 17348.77 17084.82 17348.77 5275.43 USD [+]
GDP From Agriculture 5767.40 16065.90 32095.30 795.10 BYR Billion [+]
GDP From Construction 12261.70 20062.10 25491.40 2349.70 BYR Billion [+]
GDP From Manufacturing 47442.90 50718.00 51783.50 7470.70 BYR Billion [+]
GDP From Mining 1303.10 1298.70 1875.20 124.00 BYR Billion [+]
GDP From Public Administration 8700.50 7776.50 8700.50 1191.30 BYR Billion [+]
GDP From Transport 13002.90 16453.10 18026.10 2423.60 BYR Billion [+]
GDP From Utilities 8526.00 7235.60 8526.00 865.70 BYR Billion [+]




Last
South Sudan 15.90 Dec/14
Ethiopia 10.20 Dec/14
Ivory Coast 9.80 Dec/15
Ireland 9.20 Dec/15
Papua New Guinea 9.00 Dec/15
Myanmar 8.70 Dec/14
Congo 7.70 Dec/15
Uzbekistan 7.50 Mar/16
India 7.30 Dec/15
Chad 7.20 Dec/14
Monaco 7.20 Dec/14
East Timor 7.10 Dec/14
Rwanda 7.10 Dec/15
Tanzania 7.10 Dec/15
Bangladesh 7.05 Dec/16
Cameroon 7.00 Sep/15
Laos 7.00 Dec/15
Senegal 7.00 Dec/15
Cambodia 6.90 Dec/15
Philippines 6.90 Mar/16
China 6.70 Mar/16
Djibouti 6.70 Dec/15
Turkmenistan 6.70 Dec/15
Uganda 6.68 Dec/15
Nicaragua 6.60 Dec/15
Tajikistan 6.50 Mar/16
Mauritania 6.40 Dec/14
Dominican Republic 6.10 Dec/15
Palestine 6.10 Dec/15
Republic of the Congo 6.00 Dec/14
Togo 6.00 Dec/15
Benin 5.70 Dec/15
Central African Republic 5.70 Dec/15
Malta 5.70 Dec/15
Turkey 5.70 Dec/15
Kenya 5.60 Dec/15
Bhutan 5.50 Dec/14
Vietnam 5.46 Mar/16
Mozambique 5.30 Mar/16
Panama 5.30 Dec/15
Bolivia 5.01 Jun/15
Guinea Bissau 5.00 Dec/15
Kosovo 5.00 Dec/15
Zambia 5.00 Dec/15
Indonesia 4.92 Mar/16
Angola 4.90 Dec/15
Ghana 4.90 Dec/15
Niger 4.90 Dec/15
Sao Tome and Principe 4.80 Dec/14
Gambia 4.70 Dec/15
Mali 4.70 Dec/15
Morocco 4.70 Dec/15
Oman 4.60 Dec/14
United Arab Emirates 4.60 Dec/14
Egypt 4.50 Jun/15
Sweden 4.50 Dec/15
Peru 4.40 Mar/16
Romania 4.30 Mar/16
Seychelles 4.30 Dec/15
Pakistan 4.24 Dec/15
Burkina Faso 4.20 Dec/15
Gabon 4.20 Dec/15
Malaysia 4.20 Mar/16
Cuba 4.00 Dec/15
Fiji 4.00 Dec/15
Qatar 4.00 Dec/15
Zimbabwe 4.00 Dec/14
Algeria 3.90 Dec/15
Guatemala 3.90 Sep/15
Macedonia 3.90 Dec/15
Honduras 3.60 Dec/15
Mauritius 3.60 Dec/15
Saudi Arabia 3.60 Dec/15
Serbia 3.50 Mar/16
Lesotho 3.40 Dec/15
Nepal 3.40 Dec/15
Spain 3.40 Mar/16
Suriname 3.40 Dec/14
Colombia 3.30 Dec/15
Costa Rica 3.30 Dec/15
Slovakia 3.30 Mar/16
Slovenia 3.30 Dec/15
Cape Verde 3.20 Dec/15
Comoros 3.20 Dec/15
Iceland 3.20 Dec/15
Madagascar 3.20 Dec/14
Thailand 3.20 Mar/16
Czech Republic 3.10 Mar/16
Mongolia 3.10 Mar/16
Australia 3.00 Dec/15
Guyana 3.00 Dec/15
Luxembourg 3.00 Dec/15
Poland 3.00 Mar/16
Bulgaria 2.90 Mar/16
Georgia 2.90 Dec/15
Malawi 2.90 Dec/15
Maldives 2.90 Dec/15
Bahrain 2.80 Dec/15
Cyprus 2.70 Mar/16
South Korea 2.70 Mar/16
Sudan 2.70 Dec/14
El Salvador 2.60 Dec/15
Jordan 2.60 Dec/15
Mexico 2.60 Mar/16
Somalia 2.60 Dec/14
Sri Lanka 2.50 Dec/15
Swaziland 2.50 Dec/14
New Zealand 2.30 Dec/15
Lithuania 2.20 Mar/16
Albania 2.15 Dec/15
Afghanistan 2.10 Dec/15
Bosnia and Herzegovina 2.10 Dec/15
Chile 2.00 Mar/16
United Kingdom 2.00 Mar/16
United States 2.00 Mar/16
Armenia 1.90 Dec/16
Cayman Islands 1.90 Sep/15
Croatia 1.90 Dec/15
Latvia 1.80 Mar/16
Namibia 1.80 Dec/15
Singapore 1.80 Mar/16
Estonia 1.70 Mar/16
European Union 1.70 Mar/16
Haiti 1.70 Dec/15
Israel 1.70 Mar/16
Belgium 1.50 Mar/16
Euro Area 1.50 Mar/16
Jamaica 1.50 Sep/15
Montenegro 1.40 Dec/15
Netherlands 1.40 Mar/16
Austria 1.30 Mar/16
France 1.30 Mar/16
Germany 1.30 Mar/16
Bahamas 1.20 Dec/15
Paraguay 1.10 Dec/15
Finland 1.00 Mar/16
Italy 1.00 Mar/16
Lebanon 1.00 Dec/15
North Korea 1.00 Dec/14
Tunisia 1.00 Mar/16
Argentina 0.90 Dec/15
Hungary 0.90 Mar/16
Hong Kong 0.80 Mar/16
Portugal 0.80 Mar/16
Norway 0.70 Mar/16
Belize 0.60 Dec/15
Iran 0.60 Mar/15
South Africa 0.60 Dec/15
Canada 0.50 Dec/15
Denmark 0.50 Dec/15
Switzerland 0.40 Dec/15
Eritrea 0.30 Dec/15
Liberia 0.30 Dec/15
New Caledonia 0.30 Dec/14
Barbados 0.20 Dec/14
Guinea 0.10 Dec/15
Ukraine 0.10 Mar/16
Japan 0.00 Mar/16
Uruguay -0.10 Dec/15
Kazakhstan -0.20 Mar/16
Nigeria -0.40 Mar/16
Brunei -0.50 Dec/15
Taiwan -0.68 Mar/16
Liechtenstein -0.80 Dec/14
Ecuador -0.90 Dec/15
Puerto Rico -0.90 Dec/14
Greece -1.20 Mar/16
Russia -1.20 Mar/16
Kuwait -1.60 Dec/14
Botswana -1.90 Dec/15
Trinidad and Tobago -2.00 Sep/15
Equatorial Guinea -2.10 Dec/14
Iraq -2.10 Dec/14
Syria -2.30 Dec/11
Moldova -3.30 Dec/15
Azerbaijan -3.50 Mar/16
Belarus -3.60 Mar/16
Burundi -4.10 Dec/15
Kyrgyzstan -4.90 Mar/16
Brazil -5.90 Dec/15
Libya -6.00 Dec/15
Venezuela -7.10 Sep/15
Macau -14.40 Dec/15
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15