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||2011 - 2015
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. Content for - Belarus GDP Annual Growth Rate - was last refreshed on Friday, November 27, 2015.