{"id":534441,"date":"2026-04-17T11:03:43","date_gmt":"2026-04-17T08:03:43","guid":{"rendered":"https:\/\/reform.news\/?p=534441"},"modified":"2026-04-17T13:15:28","modified_gmt":"2026-04-17T10:15:28","slug":"belarus-s-gdp-decline-slowed-to-0-4-in-march","status":"publish","type":"post","link":"https:\/\/reform.news\/en\/belarus-s-gdp-decline-slowed-to-0-4-in-march","title":{"rendered":"Belarus\u2019s GDP Decline Slowed to 0.4% in March"},"content":{"rendered":"
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Belarus\u2019s gross domestic product for the first quarter amounted to 68.2 billion rubles. In comparable prices, it declined by 0.4% compared with the same period last year, Belstat reported. For comparison, GDP had fallen by 1.2% in January-February.<\/p>\n

The GDP deflator index for January-March stood at 109.5%.<\/p>\n

It should be noted that according to the official socio-economic development forecast approved by Lukashenka, GDP growth of 2.8% is expected by the end of the year.<\/p>\n

Labor productivity by GDP in January-February decreased by 1.4% to 10,540.9 rubles.<\/p>\n

Agricultural production<\/mark> in all categories of farms totaled 1.9 billion rubles in March, increasing by 2.3% compared with March last year. In agricultural organizations, it rose by 2.5% to 1.89 billion rubles. Over the three months, agricultural production in all categories of farms increased by 2.6% to 5.55 billion rubles, while in agricultural organizations it rose by 2.9% to 5.48 billion rubles.<\/p>\n

In March, agricultural organizations produced 157,900 tonnes of livestock and poultry, 4.8% more than last year, while milk production rose by 2.1% to 782,900 tonnes. In the first quarter, livestock and poultry production increased by 4.2% to 456,700 tonnes, while milk production rose by 2.3% to 2.23 million tonnes.<\/p>\n

Industrial output<\/mark> amounted to 18.49 billion rubles in March. It declined by 2.8% in comparable prices compared with March 2025. For the first quarter, industrial production fell by 3.4% to 55.745 billion rubles.<\/p>\n

Industrial inventories stood at 11.87 billion rubles on April 1. Compared with March 1, they decreased by 334.61 million rubles. Inventory levels amounted to 85.1% of average monthly production, down 5.5 percentage points over the month.<\/p>\n

Fixed capital investment<\/mark> totaled 4.7 billion rubles in March. It increased by 5.1% year-on-year. For the first quarter, investment fell by 3% to 11.245 billion rubles.<\/p>\n

In March, 338,100 square meters of housing<\/mark> were commissioned, 16.6% less than a year earlier. Housing construction with state support fell by 57.1% to 44,000 square meters. For the quarter, housing completions declined by 26.6% to 682,100 square meters, including a 40.4% drop in state-supported housing to 105,700 square meters.<\/p>\n

Freight turnover<\/mark> in January-March declined by 1.5% to nearly 17 billion tonne-kilometers, while passenger transport increased by 2.2% to 428.7 million people.<\/p>\n

Retail turnover<\/mark> totaled 10.02 billion rubles in March. It increased by 13.6% compared with March 2025. For the quarter, retail turnover rose by 6% to 25.65 billion rubles.<\/p>\n

Wholesale turnover returned to growth in March. It increased by 2.1% to 16.03 billion rubles. Over the three months, however, it declined by 3.8% to 41.77 billion rubles.<\/p>\n

Public catering turnover increased by 2.8% in March to 681.1 million rubles. Over the first three months, it declined by 1.1% to 1.77 billion rubles.<\/p>\n","protected":false},"excerpt":{"rendered":"

Belarus\u2019s gross domestic product for the first quarter amounted to 68.2 billion rubles. In comparable prices, it declined by 0.4% compared with the same period last year, Belstat reported. For comparison, GDP had fallen by 1.2% in January-February. The GDP deflator index for January-March stood at 109.5%. It should be noted that according to the […]<\/p>\n","protected":false},"author":119,"featured_media":497767,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/reform.news\/wp-content\/uploads\/2026\/04\/69e20843e60c6.jpg","width":1200,"height":630,"template":"691142dd","mode":"auto"},"_sharing_image_fieldset":{"dTVKfmI95PYT":"Belarus\u2019s GDP Decline Slowed to 0.4% in March"},"footnotes":""},"categories":[142339,142338,143126],"tags":[],"class_list":["post-534441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main","category-news","category-business"],"wps_subtitle":"","permalink_manager":null,"_links":{"self":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/posts\/534441","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=534441"}],"version-history":[{"count":0,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/posts\/534441\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/media\/497767"}],"wp:attachment":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/media?parent=534441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/categories?post=534441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/tags?post=534441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}