{"id":497158,"date":"2025-11-18T11:14:48","date_gmt":"2025-11-18T08:14:48","guid":{"rendered":"https:\/\/reform.news\/?p=497158"},"modified":"2025-11-18T12:48:47","modified_gmt":"2025-11-18T09:48:47","slug":"belarus-gdp-growth-slows-to-1-5-in-january-october","status":"publish","type":"post","link":"https:\/\/reform.news\/en\/belarus-gdp-growth-slows-to-1-5-in-january-october","title":{"rendered":"Belarus\u2019 GDP Growth Slows to 1.5% in January\u2013October"},"content":{"rendered":"
<\/div>\n

Belarus\u2019 GDP totalled BYN 234.6 billion in current prices in January\u2013October. In comparable prices, it increased by 1.5% year-on-year. The GDP deflator amounted to 113%.<\/p>\n

GDP growth has slowed: after 1.6% for January\u2013September, the rate decreased to 1.5% by the end of October. For reference, the official socio-economic forecast for 2024 envisions GDP growth of 4.1%. A year earlier, in January\u2013October 2023, GDP had grown by 4.2%.<\/p>\n

Labour productivity measured by GDP for the first nine months reached BYN 49,805.6, up 1.5% year-on-year.<\/p>\n

In October, agricultural output across all categories of farms reached BYN 6.49 billion \u2014 a 4.1% increase year-on-year.
\nAgricultural organisations saw output rise by 11.1% to BYN 4.25 billion.<\/p>\n

For January\u2013October, agricultural output in all categories decreased slightly by 0.1% to BYN 35.79 billion, while agricultural organisations recorded a 2.5% increase to BYN 29.06 billion.<\/p>\n

Livestock and poultry production in agricultural organisations grew by 2.8% in October to 151,900 tonnes but declined by 0.6% for the ten-month period to 1.48 million tonnes.<\/p>\n

Milk production rose by 6.6% in October to 735,500 tonnes. For January\u2013October, milk output increased by 5% to 7.53 million tonnes.<\/p>\n

As of 1 November, agricultural organisations harvested nearly 8 million tonnes of grain \u2014 24.5% more than last year. Potato production increased by 24.6% to 655,200 tonnes, open-field vegetables by 24.7% to 202,300 tonnes, and sugar beet by 13.3% to 4.2 million tonnes.<\/p>\n

Industrial production declined by 5.8% in October to BYN 18.14 billion. Over January\u2013October, output fell by 1.3% to BYN 172.57 billion.<\/p>\n

Industrial inventories reached BYN 11.3 billion as of 1 November, up BYN 210 million over the month. Inventory levels amounted to 81.2% of average monthly output \u2014 an increase of 1.1 p.p. driven by both falling production volumes and growing stockpiles.<\/p>\n

Investment in fixed capital totalled BYN 5.28 billion in October \u2014 roughly the same as the year before. For January\u2013October, investments increased by 13.2% to BYN 44.11 billion.<\/p>\n

In October, 275,300 square metres of housing were commissioned \u2014 1.7% less year-on-year. Housing built with state support grew by 18.9% to 48,700 square metres.<\/p>\n

Overall, for ten months, housing construction increased by 8% to 3.22 million square metres, while state-supported housing decreased by 4.9% to 600,600 square metres.<\/p>\n

According to Belstat, retail turnover grew by 7.7% in January\u2013October to BYN 84.09 billion. In October alone, it rose by 3.9% to BYN 8.9 billion.<\/p>\n

Wholesale turnover fell by 5.4% to BYN 148.8 billion over ten months, though it increased in October by 2.6% to BYN 16.53 billion.<\/p>\n

Food service turnover increased by 5.7% in January\u2013October to BYN 6.09 billion. In September, the sector recorded 6.4% year-on-year growth to BYN 669.4 million.<\/p>\n

Cargo turnover declined by 3.1% in January\u2013September to 60 billion tonne-kilometres.<\/p>\n

Passenger transport increased by 1.8% to 1.38 billion passengers.<\/p>\n","protected":false},"excerpt":{"rendered":"

Belarus\u2019 GDP totalled BYN 234.6 billion in current prices in January\u2013October. In comparable prices, it increased by 1.5% year-on-year. The GDP deflator amounted to 113%. GDP growth has slowed: after 1.6% for January\u2013September, the rate decreased to 1.5% by the end of October. For reference, the official socio-economic forecast for 2024 envisions GDP growth of […]<\/p>\n","protected":false},"author":119,"featured_media":497157,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/reform.news\/wp-content\/uploads\/2025\/11\/691c41093b77e.jpg","width":1200,"height":630,"template":"691142dd","mode":"auto"},"_sharing_image_fieldset":{"dTVKfmI95PYT":"Belarus\u2019 GDP Growth Slows to 1.5% in January\u2013October"},"footnotes":""},"categories":[142339,142338],"tags":[],"class_list":["post-497158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main","category-news"],"wps_subtitle":"","permalink_manager":null,"_links":{"self":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/posts\/497158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/users\/119"}],"replies":[{"embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/comments?post=497158"}],"version-history":[{"count":0,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/posts\/497158\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/media\/497157"}],"wp:attachment":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/media?parent=497158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/categories?post=497158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/tags?post=497158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}