The Gross Domestic Product (GDP) in Belarus expanded 3.20 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Belarus GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The growth of the real gross domestic product (GDP) in Belarus amounted to 4.01 percent in 2024. Between 1993 and 2024, the growth rose by 11.61 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The growth is forecast to decline by 3.26 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

Full Year GDP Growth in Belarus increased to 4 percent in 2024 from 3.90 percent in 2023. This dataset includes a chart with historical data for Belarus Full Year GDP Growth.

Belarus BY: GDP: Growth: Gross Value Added: Industry data was reported at -0.320 % in 2020. This records a decrease from the previous number of 1.672 % for 2019. Belarus BY: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 4.179 % from Dec 1991 (Median) to 2020, with 30 observations. The data reached an all-time high of 18.830 % in 2004 and a record low of -17.361 % in 1994. Belarus BY: GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belarus – Table BY.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

The latest data from show economic growth of 1 percent, which is a decrease from the rate of growth of 3.2 percent in the previous quarter and
a decrease compared to the growth rate of 5.6 percent in the same quarter last year. The economic growth time series for Belarus cover the period from...

Key information about Belarus Nominal GDP Growth

• Belarus Nominal GDP Growth was reported at 14.243 % in Jun 2025.
• This records a decrease from the previous number of 15.440 % for Mar 2025.
• Belarus Nominal GDP Growth data is updated quarterly, averaging 12.761 % from Mar 1995 to Jun 2025, with 122 observations.
• The data reached an all-time high of 1,650.000 % in Mar 1995 and a record low of 3.716 % in Jun 2009.
• Belarus Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The National Statistical Committee of the Republic of Belarus provides Nominal GDP in local currency based on SNA 2008. Nominal GDP Growth prior to Q1 2010 is calculated from Nominal GDP based on SNA 1993, and prior to Q1 2001 is calculated from Nominal GDP sourced from the International Monetary Fund.

Belarus BY: GDP: Growth: Gross Value Added: Agriculture data was reported at 5.290 % in 2020. This records an increase from the previous number of 2.900 % for 2019. Belarus BY: GDP: Growth: Gross Value Added: Agriculture data is updated yearly, averaging 2.419 % from Dec 1991 (Median) to 2020, with 30 observations. The data reached an all-time high of 13.247 % in 2004 and a record low of -15.901 % in 1994. Belarus BY: GDP: Growth: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belarus – Table BY.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

The Gross Domestic Product (GDP) in Belarus was worth 75.96 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Belarus represents 0.07 percent of the world economy. This dataset provides the latest reported value for - Belarus GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Historical dataset showing Belarus gdp growth rate by year from 1991 to 2023.

Belarus BY: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at 4.450 % in 2023. This records an increase from the previous number of -3.889 % for 2022. Belarus BY: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 3.291 % from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 12.213 % in 2004 and a record low of -11.596 % in 1994. Belarus BY: GDP: Growth:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belarus – Table BY.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Monthly GDP YoY in Belarus decreased to 1.50 percent in October from 1.60 percent in September of 2025. This dataset includes a chart with historical data for Belarus Monthly GDP YoY.

Georgia's real gross domestic product (GDP) was estimated to have the highest increase in Central and Eastern Europe (CEE) and Central Asia, by 7.5 percent in 2024. The economy of Russia was expected to grow at a decreasing rate until 2026.

The Gross Domestic Product per capita in Belarus was last recorded at 6791.33 US dollars in 2024. The GDP per Capita in Belarus is equivalent to 54 percent of the world's average. This dataset provides the latest reported value for - Belarus GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Belarus BY: GDP: Growth: GNI data was reported at 4.742 % in 2023. This records an increase from the previous number of -5.217 % for 2022. Belarus BY: GDP: Growth: GNI data is updated yearly, averaging 3.174 % from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 11.270 % in 2004 and a record low of -12.017 % in 1994. Belarus BY: GDP: Growth: GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belarus – Table BY.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

The gross domestic product (GDP) per capita in Belarus was 8,340 U.S. dollars in 2024. Between 1992 and 2024, the GDP per capita rose by 7,090 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 3,860 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

This Country Economic Memorandum (CEM) for the Republic of Belarus takes stock of the growth trends in the country's economy since 1996, reviews the evidence of the accumulated challenges and risks within the existing growth patterns, and provides recommendations aimed at strengthening growth sustainability. In sum, while economic growth in the last nine years has been impressive, the report argues that maintaining the current growth strategy would lead to a gradual erosion of economic competitiveness. The government should make significant policy adjustments by reorienting its policies toward ensuring a better business environment, and a smaller sized government. Current international and domestic environment are favorable for supporting a policy shift toward the acceleration of structural reforms. At the moment, the government is well equipped to mitigate the potential costs of these reforms, because the policy settings are largely determined by the growing economy, the positive trends in both the enterprise and the household sectors, favorable developments in the global economy, low debt, and the strong administrative capacity of the state. This situation could change: various pressures might become stronger, and then these same reforms would become politically more costly, and fiscally more risky. In short, the current window of opportunity should be used to ensure that the authorities' growth and poverty objectives are sustainable in the medium to long terms. The analysis in this report has documented a significant and broad-based growth, while pointing to the erosion of several important factors that have driven this growth recently. The Belarusian economy is facing a considerable risk of declining competitiveness. To sustain growth, a significant policy adjustment is necessary to enhance market discipline, and encourage new business entry.

Claims on other sectors of the domestic economy (annual growth as % of broad money) in Belarus was reported at 3.0436 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Belarus - Claims on other sectors of the domestic economy (annual growth as % of broad money) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

The Gross Domestic Product per capita in Belarus was last recorded at 29037.53 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Belarus, when adjusted by Purchasing Power Parity is equivalent to 163 percent of the world's average. This dataset provides the latest reported value for - Belarus GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Belarus BY: GDP: Growth: Gross Fixed Capital Formation data was reported at 13.151 % in 2023. This records an increase from the previous number of -17.270 % for 2022. Belarus BY: GDP: Growth: Gross Fixed Capital Formation data is updated yearly, averaging 4.400 % from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 31.600 % in 2006 and a record low of -29.600 % in 1995. Belarus BY: GDP: Growth: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belarus – Table BY.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Source: UNECE Statistical Database, compiled from national and international (CIS, EUROSTAT, IMF, OECD, World Bank) official sources.General note: The UNECE secretariat presents time series ready for immediate analysis. When appropriate, source segments with methodological differences have been linked and rescaled to build long consistent time series.The national accounts estimates are compiled according to 2008 SNA (System of National Accounts 2008) or 1993 SNA (System of National Accounts 1993).Constant price estimates are based on data compiled by the National Statistical Offices (NSOs), which reflect various national practices (different base years, fixed base, chain, etc.). To facilitate international comparisons, the data reported by the NSOs have been scaled to the current price value of of the common reference year. The resulting chain constant price data are not additive.Common currency (US$) estimates are computed by the secretariat using purchasing power parities (PPPs), which are the rates of currency conversion that equalise the purchasing power of different currencies. PPPs, and not exchange rates, should be used in international comparisons of GDP and its components.Growth rates (per cent) are over the preceding period, unless otherwise specified.Contributions to per cent growth in GDP (in percentage points) are over the preceding period, unless otherwise specified.Regional aggregates are computed by the secretariat. For national accounts all current price aggregates are sums of national series converted into US$ at current PPPs of GDP; all constant price aggregates are calculated by summing up national series scaled to the price level of the common reference year and then converted into US$ using PPPs of GDP of the common reference year. Due to conversion and rounding the resulting aggregates and components could be non-additive.Aggregates are computed for the following regions:UNECE-52:Albania; Armenia; Austria; Azerbaijan; Belarus; Belgium; Bosnia and Herzegovina; Bulgaria; Canada; Croatia; Cyprus; Czech Republic; Denmark; Estonia; Finland; France; Georgia; Germany; Greece; Hungary; Iceland; Ireland; Israel; Italy; Kazakhstan; Kyrgyzstan; Latvia; Lithuania; Luxembourg; Malta; Montenegro; Netherlands; North Macedonia; Norway; Poland; Portugal; Republic of Moldova; Romania; Russian Federation; Serbia; Slovakia; Slovenia; Spain; Sweden; Switzerland; Tajikistan; Turkey; Turkmenistan; Ukraine; United Kingdom; United States; Uzbekistan.North America-2:Canada; United States.European Union-27 (31/12/2020):Austria; Belgium; Bulgaria; Cyprus; Croatia; Czech Republic; Denmark; Estonia; Finland; France; Germany; Greece; Hungary; Ireland; Italy; Latvia; Lithuania; Luxembourg; Malta; Netherlands; Poland; Portugal; Romania; Slovakia; Slovenia; Spain; Sweden.Euro area-20:Austria; Belgium; Croatia; Cyprus; Estonia; Finland; France; Germany; Greece; Ireland; Italy; Latvia; Lithuania; Luxembourg; Malta; Netherlands; Portugal; Slovakia; Slovenia; Spain.Eastern Europe, Caucasus and Central Asia (EECCA):Armenia; Azerbaijan; Belarus; Georgia; Kazakhstan; Kyrgyzstan; Republic of Moldova; Russian Federation; Tajikistan; Turkmenistan; Ukraine; Uzbekistan.CIS-11:Armenia; Azerbaijan; Belarus; Kazakhstan; Kyrgyzstan; Republic of Moldova; Russian Federation; Tajikistan; Turkmenistan; Ukraine; Uzbekistan.Western Balkans-6:Albania; Bosnia and Herzegovina; Croatia; Montenegro; North Macedonia; Serbia... - data not availableThe Coronavirus (COVID-19) pandemic impacts the production of statistics and may limit available resources and data sources. This may impact the quality of statistics for 2020, and could lead to later revisions.