The composition of Belarus's GDP in 2023 reveals a diversified economy dominated by services, accounting for approximately 29.95% of the total. The industrial sector, notably mining, manufacturing, and utilities, closely follows, contributing 28.8%. Wholesale, retail trade, restaurants, and hotels represent 13.5%, while transport, storage, and communication sectors comprise 12.5%. Agricultural activities, including hunting, forestry, and fishing, add up to 7.92%, and construction contributes 7.32%. Over recent years, these sectors have demonstrated varied growth trajectories, with notable increases in service-oriented activities alongside stable or decreasing trends in manufacturing.
Looking ahead, Belarus's economic landscape may witness shifts due to external trade policies, technological advancements, and regional economic integrations. Key areas to monitor include digital transformation in services, potential volatility in industrial production due to global commodity price fluctuations, and the impact of potential agricultural innovation on output.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 29.95 | 2016 | |
| 2 | 2 Mining, Manufacturing, Utilities | 28.8 | 2016 | |
| 3 | 3 Wholesale, retail trade, restaurants and hotels | 13.5 | 2016 | |
| 4 | 4 Transport, storage and communication | 12.5 | 2016 | |
| 5 | 5 Agriculture, hunting, forestry, fishing | 7.92 | 2016 | |
| 6 | 6 Construction | 7.32 | 2016 |
