Фото: Towfiqu barbhuiya /Unsplash.com
The Ministry of Economy commented on Belarus’s economic performance in January–February. Earlier, Belstat reported that GDP declined by 1.2% compared with the same period last year.
“This result is largely driven by industrial performance: industrial output stood at 96.3%, decreasing by 0.3 percentage points compared with January. At the same time, certain sectors (energy, pharmaceuticals, food industry) showed steady growth,” the ministry said.
Three sectors were identified as the main drivers of growth.
“The key drivers of the economy in January–February were information and communications (103.9%), transport (103.1%), and agriculture (102.7%).
Growth in the IT sector is linked to an increase in demand for domestic software and a rise in employment.
In the transport sector, passenger turnover showed strong growth — up 11.1%. New air routes have been launched.
Agricultural growth was supported by increased production of milk, poultry, pork, and cattle,” the press service added.
Speaking about foreign trade, the ministry highlighted an increase in exports of goods and services in January, calculated according to the balance of payments methodology, by 14.8%.
“Cooperation with countries of the ‘far arc’ continued to expand. Exports to Latin America grew by 18.6%, while exports to East, South, and Central Asia increased by 1.5 times. Services exports are growing rapidly: in January 2026, they rose by 31.7%. The main drivers are transport, construction, and IT services,” the ministry explained.