Belarus’ GDP Grew by 2% in January–September

Belarus’ GDP growth accelerated again in September. According to Belstat, the country’s gross domestic product totalled 237 billion rubles in January–September, up 2% compared with the same period last year.

The GDP deflator index stood at 111.7% in January–September.

As a reminder, Belarus recorded a decline in GDP in the first quarter. By the end of January–July, GDP had grown by 2.1%. Over the first eight months, GDP growth slowed to 1.9%, but has now accelerated again.

Under the official socio-economic development forecast approved by Aliaksandr Lukashenka, GDP is expected to grow by 2.8% for the year as a whole.