{"id":560409,"date":"2026-07-17T11:13:56","date_gmt":"2026-07-17T08:13:56","guid":{"rendered":"https:\/\/reform.news\/?p=560409"},"modified":"2026-07-17T14:39:29","modified_gmt":"2026-07-17T11:39:29","slug":"belarus-gdp-grows-1-5-in-first-half-of-the-year","status":"publish","type":"post","link":"https:\/\/reform.news\/en\/belarus-gdp-grows-1-5-in-first-half-of-the-year","title":{"rendered":"Belarus’ GDP Grows 1.5% in First Half of the Year"},"content":{"rendered":"
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Belarus’ gross domestic product (GDP) totaled 149.56 billion Belarusian rubles in January\u2013June. In constant prices, it grew by 1.5% compared with the same period last year. GDP growth stood at 0.9% after the first five months of the year, while the economy had contracted during the January\u2013March period.<\/p>\n

The GDP deflator index reached 113.3% in January\u2013June.<\/p>\n

It is worth noting that, under the official socio-economic development forecast approved by Aliaksandr Lukashenka<\/b>, Belarus’ GDP is expected to grow by 2.8% in 2026. International financial institutions, by contrast, forecast growth of around 1.3%.<\/p>\n

Labour productivity, measured by GDP, increased by 0.6% in January\u2013May to 29,293.1 Belarusian rubles.<\/p>\n

Agricultural output across all categories of farms totaled 3.1 billion Belarusian rubles in June, up 5.9% year-on-year. Output by agricultural enterprises also rose 5.9% to 2.97 billion Belarusian rubles. Over the first six months of the year, agricultural production increased by 4.7% to 13.58 billion Belarusian rubles across all farm categories and by 4.9% to 13.32 billion Belarusian rubles at agricultural enterprises.<\/p>\n

In June, agricultural enterprises produced 155,600 tonnes of livestock and poultry, up 5.1% from a year earlier, while milk production increased by 3.9% to 801,500 tonnes. During the first half of the year, livestock and poultry production rose by 5.3% to 925,300 tonnes, while milk output increased by 2.9% to 4.62 million tonnes.<\/p>\n

Industrial production totaled 18.66 billion Belarusian rubles in June, increasing by 2.8% in constant prices compared with June 2025. However, industrial output for the first six months of the year declined by 0.7% to 107.2 billion Belarusian rubles.<\/p>\n

Industrial inventories stood at 11.77 billion Belarusian rubles as of July 1, down by 140 million Belarusian rubles from June 1. Inventory levels amounted to 82.5% of average monthly production, a decline of 1.6 percentage points over the month.<\/p>\n

Investment in fixed capital reached 5.72 billion Belarusian rubles in June, an increase of 15.7% year-on-year. Over the first half of the year, investment rose by 4.1% to 26.52 billion Belarusian rubles.<\/p>\n

A total of 555,700 square metres of housing was commissioned in June, up 9% from a year earlier. Construction of state-supported housing, however, declined by 17.5% to 85,100 square metres. In January\u2013June, total housing completions fell by 11.6% to 1.63 million square metres, while state-supported housing construction dropped by 32.6% to 237,300 square metres.<\/p>\n

Freight turnover increased by 1.5% in the first half of the year to 35.67 billion tonne-kilometres, while passenger traffic rose by 0.4% to 837.6 million passengers.<\/p>\n

Retail trade turnover reached 9.63 billion Belarusian rubles in June, up 9.6% compared with June 2025. For the first half of the year, retail turnover increased by 7.2% to 54.19 billion Belarusian rubles.<\/p>\n

Wholesale trade turnover rose by 0.8% in June to 15.6 billion Belarusian rubles. However, over the first six months of the year it declined by 0.4% to 89.48 billion Belarusian rubles.<\/p>\n

Turnover in the catering sector increased by 3.9% in June to 688.2 million Belarusian rubles. Over the first half of the year, it grew by 1.1% to 3.78 billion Belarusian rubles.<\/p>\n","protected":false},"excerpt":{"rendered":"

Belarus’ gross domestic product (GDP) totaled 149.56 billion Belarusian rubles in January\u2013June. In constant prices, it grew by 1.5% compared with the same period last year. GDP growth stood at 0.9% after the first five months of the year, while the economy had contracted during the January\u2013March period. The GDP deflator index reached 113.3% in […]<\/p>\n","protected":false},"author":119,"featured_media":498762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/reform.news\/wp-content\/uploads\/2026\/07\/6a5a1474c10ab.jpg","width":1200,"height":630,"template":"691142dd","mode":"auto"},"_sharing_image_fieldset":{"dTVKfmI95PYT":"Belarus\u2019 GDP Grows 1.5% in First Half of the Year"},"footnotes":""},"categories":[142339,142338,143126],"tags":[],"class_list":["post-560409","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\/560409","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=560409"}],"version-history":[{"count":0,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/posts\/560409\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/media\/498762"}],"wp:attachment":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/media?parent=560409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/categories?post=560409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/tags?post=560409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}