Belarus Real GDP Growth

Key information about Belarus Real GDP Growth

• The Gross Domestic Product (GDP) in Belarus contracted 2.0 % YoY in Mar 2023, following a negative growth of 4.5 % in the previous quarter.
• Real GDP Growth YoY data in Belarus is updated quarterly, available from Mar 2006 to Mar 2023, with an average rate of 1.6 %.
• The data reached an all-time high of 11.3 % in Sep 2008 and a record low of -8.0 % in Jun 2022.

CEIC calculates Real GDP Growth from quarterly Real GDP. The National Statistical Committee of the Republic of Belarus provides Real GDP in local currency based on SNA 2008, at 2018 prices. Real GDP Growth prior to Q1 2019 is calculated from Real GDP at 2014 prices based on SNA 2008. Real GDP Growth prior to Q1 2015 is calculated from Real GDP at 2009 prices and prior to Q1 2010 is calculated from Real GDP at 2005 prices, both based on SNA 1993.


Related information about Belarus Real GDP Growth

• In the latest reports, Nominal GDP of Belarus reached 17.0 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 10.2 % in Mar 2023.
• GDP Per Capita in Belarus reached 7,896.9 USD in Dec 2022.
• Its Gross Savings Rate was measured at 25.1 % in Mar 2023.
• For Nominal GDP contributions, Investment accounted for 19.3 % in Mar 2023.
• Public Consumption accounted for 17.9 % in Mar 2023.
• Private Consumption accounted for 57.0 % in Mar 2023.

View Belarus's Real GDP Growth from Mar 2006 to Mar 2023 in the chart:

What was Belarus's Real GDP Growth in Mar 2023?

The Gross Domestic Product (GDP) in Belarus contracted 2.0 % YoY in Mar 2023, following a negative growth of 4.5 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
-2.0 Mar 2023	-4.5 Dec 2022	-8.0 Jun 2022	11.3 Sep 2008	%	quarterly	Mar 2006 - Mar 2023

Real GDP Growth by Country Comparison

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Belarus Key Series

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