The economy of Belarus contracted 0.2% year-on-year in the first quarter of 2026, compared with a 3.3% expansion in the same period a year earlier, marking the first decline since the first quarter of 2023. source: National Statistical Committee of the Republic of Belarus

The Gross Domestic Product (GDP) in Belarus contracted 0.20 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Belarus averaged 1.16 percent from 2011 until 2026, reaching an all time high of 11.05 percent in the second quarter of 2011 and a record low of -7.90 percent in the second quarter of 2022. This page provides - Belarus GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belarus GDP Annual Growth Rate - values, historical data and charts - was last updated on July of 2026.

The Gross Domestic Product (GDP) in Belarus contracted 0.20 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Belarus is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belarus GDP Annual Growth Rate is projected to trend around 1.50 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
GDP Annual Growth Rate -0.20 0.30 percent Mar 2026
GDP Constant Prices 48304.50 56195.80 BYN Million Mar 2026
GDP from Agriculture 2358.80 5927.30 BYN Million Mar 2026
GDP from Construction 3807.70 5396.60 BYN Million Mar 2026
GDP from Manufacturing 14798.10 15487.90 BYN Million Mar 2026
GDP from Mining 402.30 437.00 BYN Million Mar 2026
GDP from Public Administration 3164.30 3022.20 BYN Million Mar 2026
GDP from Services 36179.20 39045.50 BYN Million Mar 2026
GDP from Transport 3779.30 4122.20 BYN Million Mar 2026
GDP from Utilities 3102.20 2324.70 BYN Million Mar 2026
Gross Fixed Capital Formation 10840.70 16695.80 BYN Million Mar 2026


Belarus GDP Annual Growth Rate
Belarus has a state controlled economy where inefficient, government-run businesses from the Soviet era dominate markets and the state spends billions every year on handouts, tariffs and subsidies. On the production side, services are the biggest sector of the economy and account for 47 percent of total GDP of which trade; repair of motor vehicles account for 9 percent, transport and real estate activities account for 6 percent each and communication for 5 percent. Industry constitutes 27 percent and construction 5 percent. Finally, agriculture adds up 8 percent.
Actual Previous Highest Lowest Dates Unit Frequency
-0.20 0.30 11.05 -7.90 2011 - 2026 percent Quarterly