Residents Of Free Economic Zones Reduce Revenue And Profit

Reform.news Editorial Team · 14 May 2026, 11:56

https://reform.news/en/residents-of-free-economic-zones-reduce-revenue-and-profit/

The economic performance of residents of Belarus’ free economic zones worsened in the first quarter, according to fresh data from Belstat.

Total sales revenue of FEZ residents decreased by 1.2% to 9.87 billion rubles. Their net profit fell by 34.8% to 378.2 million rubles.

Industrial output declined by 3.2% to 9.15 billion rubles.

FEZ residents also reduced investment in fixed capital. It fell by 15.5% to 623.8 million rubles.

Exports of goods from the FEZs increased by 6.1% in the first quarter to $2.06 billion, while exports of services rose by 16.3% to $27.15 million.

The number of FEZ residents decreased by five over the year and stood at 428 as of April 1, 2026. Of these, 415 were active residents, four fewer than a year earlier.

The average number of employees fell by 1.9% to 133,300 people. At the same time, their average salary increased by 9.4% to 2,834 rubles.